With the successful passing of the Real Estate Service Act (RESA) Law in 2009, real estate brokers finally had the chance to be recognized as full-fledged licensed professionals here in the Philippines. But why are brokers essential in the real estate industry, and why do clients need to have one?
Brokers act as a mediator between different parties in real estate transactions. They maintain the rapport and help in sealing the deal so that negotiations can run smoothly.
The benefits of dealing with licensed real estate brokers include having a sense of security since you will be dealing with a registered professional, ensuring that the deals you make will all be safe and secured.
Brokers also help in making clients avoid the common problems that arise in real estate transactions, minimizing, if not outright preventing the chances of lawsuits between parties involved.
The Code of Ethics also bounds licensed brokers, so rest assured that they will behave in a very professional, well-informed and trustworthy manner.
To summarize, having the opportunity of profiting from selling or leasing properties will never be complete without the expertise of a licensed broker that can smoothen every step of the way.
Interested in getting the most out of a deal? Check out this infographic created and designed by Premium Properties PH.