QUESTION: Rltr. John, I have here a letter from someone who only finished high-school and been a real estate agent for 12 years already. She said that income is not that rewarding to make her rich, but at least there is work to do and income to hope for. She wants to become a PRC-registered Salesperson but could not meet the 2nd-year college minimum requirement. What should justify the reduction of requirement from 2nd year college down to high-school?
ANSWER: The 2nd-year college minimum requirement is already a legislated provision in the Real Estate Service Act of 2009 (RESA). It connot be done via IRR because IRR must always not go against the legislated provisions. If there should be reduction, it should be done via legislation to amend Real Estate Service Act of 2009. If I would justify it, I would simply use the recently implemented K12 Program as a justification.
Many people have been struggling for the reduction. They didn't know the justification is just 3 letters -- K12.
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.
Thank you so much for visiting my site. May God Bless You!
No comments:
Post a Comment