Real Estate Service Academy and Online CPE

QUESTION: Sir John, may nabasa akong "Real Estate Service Academy" under the Director of Charity Programs sa notes na Vacant Officers Positions in IPORESP. Ano yang Real Estate Service Academy?

ANSWER: It's the knowledge spring of IPORESP that produces Master Degree in Real Estate Service. Each batch will only have around 100 students. Each Provincial Chapter will nominate and sponsor one full-time scholar every year. All fresh grads of this Academy will serve as Provincial Executive Director of IPORESP. The top five graduates will be sent abroad (like Harvard or Univ of Reading UK) on full-time scholarship to finish second Masters Degree there or PhD in Real Estate Service, and they have to come back to Philippines after graduation to work for Real Estate Developers here.

Fully funded scholars yang mga students dyan sa Academy, so walang problema sa revenues ang mga Professors and Administrators ng Academy.

The requirement for graduation for each student is production of a 2-hour Educational Video of various Real Estate-relevant topics -- parang Thesis nila yan. These educational videos will be uploaded in the IPORESP Website, and anyone who views it pays around P150 to get a 2-hour training credit CPE or Salesperson Training (I used P150 based on current entrance fee to moviehouses). The earnings are split threeways, a portion for the author, a portion for the Provincial Chapter, and a portion for IPORESP HQ.

Let's say P50 goes to the author. If we have 50,000 RESPs who will access his topic, he gets P2.5M Royalty. As long as the topic stays in IPORESP Website, he/she will earn from it and the royalty can even be inheritted by his/her survivors. Yung capital ng Provincial Chapter for his scholarship ay mababawi agad in one year and habangbuhay kikita ang province nyan.

Ang mga RESPs naman eh kung ang requirement ng PRC ay 16 hours of CPE every 3 years, eh nasa P1,200 lang ang gagastusin nya sa pag access ng Online CPE. Atsaka various topics yan, hindi katulad nung mga nakaka-sawa na paulit-ulit na CRESR.

Lahat na scholars na ipapadala natin abroad obligado gumawa ng 2-hour Educational Video sa lahat na subjects na matutunan nila abroad and will be made available for us to access at a very minimal fee. In this way, we will also learn what our scholars learn abroad.

Lahat din na Real Estate Development Project (such as Condominium, Resorts, Residential Subdivisions, Golf and Country Clubs, Commercial Cmplex) ay dapat merong 1-hour Project Presentation that we can access in the IPORESP Online Learning System. So kung Broker ka, pag meron kang bagong applicant na Salesperson, bigyan mo lang siya ng Checklist (refer to catalogue) kung alin ang gusto mong subjects sa Online Training na i-take niya. Kung guso mo siya mag specialize in a particular project, ipa-take mo sya ng online training about that project over and above the other subjects na gusto mo ipa-take sa kanya. Pag ma-kompleto na nya yung nasa checklist mo, ipakita niya ang Printed Training Certificates niya, verify mo sa system kung talaga bang ti-nake niya ang online training, and then recommend mo na siya sa IPORESP for Registration and then sa PRC. Ganyan lang ka-simple ang Salesperson Training.

In short, say goodbye to the traditional classroom instruction. Online na lahat. Pare-pareho makukuha nating quality ng training.

Yun namang mga gustong mag-specialize in generating income from teaching, ang advice ko sa kanila, sumulat sila ng script sa mga subjects na tinuturo nila. Then IPORESP HQ will assist them in converting those scripts into video presentation, and upload it in the IPORESP Website. Pag merong mag take, kikita ang author ng passive income forever. Mas malaki ang kikitain ng mga independent authors kasi wala silang ka-hati sa Royalty. Atsaka walang monopoly yan kasi pwede namang iba-ibang author ang isang topic -- lets say ang explanatory presentation ng topic na RA 9646 ay pwedeng merong iba't ibang version dahil sa iba't ibang author. Kung mahilig ka lang mag-basa ng mga books on Management, Leadership, Marketing, Negotiation, etc. pwede mo yan gawan ng script and upload the educational video in the Online Learning System.

Ang Masters Degree, usually around 700 hours of learning time ang dinadaanan ng mga yan bago sila ma-gawaran ng Masters Degree sa mga Universities. So, pwede rin nating gawin eh kapag ang isang RESP ay umabot na sa 700 hours of online training ang na-accumulate niya, ehhh bigyan na natin siya ng Masters Degree Certificate.

QUESTION: Sir John, how will IPORESP implement this? ANSWER: There is a Director position in IPORESP called Chapter Director for Educational and Research Contributions (DERC). There will be one DERC in each Province and Society nationwide, so tha would be around 420 DERCs nationwide. The function of this DERC, which is a requirement to maintain his/her position, is to contribute at least one (1) topic per year, and he can work on it alone or he can also tap the RESPs in his/her area for some inputs. The product of the DERCs are all consolidated and properly catalogued in the Real Estate Academy Online in IPORESP Website.

That's it! Now if you have read this and have not yet integrated into IPORESP, you better integrate now and invite your fellow RESPs too. Our website, where you can integrate using an online form, is at http://iporesp.org

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