Time is up. Let us compete by salesmanship skills. RESA policy against colorum will not be implemented. To preserve perfect competition and level the playing field, we can NOW ALL engage the services of colorum. Let's all enjoy the freedom of the market. There is no need to renew Broker's licenses. There is no need to register Salespersons. I advise everyone to delete all anti-colorum and pro-RESA blogs. Take note, my advise is DELETE, not archive, not hide, it has to be DELETE. Staring today, NO MORE RESA. PRC is not signing the Anti-Colorum Onset Date of Implementation.
If there is anything else important that I forgot to include in this article, or if you experienced a real estate transaction that is anomalous, scam, fraudulent scheme that you want me to document and expose for others to be warned, or if you want to donate to the war chest of real estate consumer rights advocacy, please feel free to email me at JohnPetalcorin@Gmail.Com. If you want to comment about this article, there is a provision for this purpose that you can find below.
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LICENSING STRIKE IS NOT OPERATIONS STRIKE
QUESTION: Sir John, question..how can we accredit to bank if our license was expired...their req is updated PRC licnse though we're on licensing strike..and PRC reqires a cpe units of 60. (Broker)
ANSWER: Send the client (bank, developer, independent property owner, buyer, etc.) an email or letter informing them we are on Licensing Strike but will not affect our operations to entertain and find customers for their products.
The "updated license" is only required for those with updated license. Those who have no license can still sell and make money in real estate agent services because the PRC has not yet responded with an official ruling to our letters regarding clarification on the ONSET DATE of full implementation of various provisions in RESA (you can quote me on this and I will stand in court to testify on this).
Everyone without license can STILL sell even if you set up your selling kiosk in front of PRC. As persons who derive income primarily from real estate expertise, how dare can you say you can't find buyers without that useless PRC card?
You can still shoot the gun if necessary for self-preservation purposes, even during gun ban, or even when your license is expired.
Advise the bank to wait for Official Memo signed JOINTLY by PRC and PNP addressed to banks, developers, and all licensed real estate brokers on the ONSET DATE of full implementation of RESA particularly on REPORTING and LAW ENFORCEMENT PROCEDURE against unlicensed practitioners. Inform the bank that their selling competitors (the Developers) and everyone else without license are still unacted upon by PRC, as of this date of posting, INDEFINITELY.