CPD

Continuing Professional Development (CPD) is a module designed for those who wish to take the register/renew their broker, appraiser and consultant’s licenses under the Professional Regulation Commission (PRC). It is a major prerequisite when applying and registering without examination.

a.    15-units/hours CPD for Brokers and Appraisers 
      The course outline for a CPD usually differs, but they definitely include industry and government updates, as much as Philippine Real Estate is concerned. Nevertheless, the following fundamental subjects are always included:

·         RA 9646

·         Fundamentals of Real Estate Practice

·         Local and National Taxation

·         Documentation and Registration

·         Due Diligence (Site Location and Map Reading)

·         Family Code and other Real Estate Laws and References

·         Basic Appraisal

·         Code of Ethics

A required 45 units/hours worth of CPD seminars/certificates must be presented to the Professional Regulations Commission (PRC) to be able to process the renewal of license. For subjects and topics please refer to our regular update posts and on facebook. 

b.    12-hour CPD Course Outline for Salespersons

The course outline for a CPD usually differs, but they definitely include industry and government updates, as much as Philippine Real Estate is concerned. Nevertheless, the following fundamental subjects are always included:

·         RA 9646

·         Opportunities in Real Estate

·         Real Estate Traditional and Internet Sales and Marketing

·         Computations in Brokerage

·         Due Diligence

·         Local and National Taxation

·         Documentation and Registration

·         Subdivision Development

·         Condominium Concept

·         Fundamentals of Real Estate Appraisal

·         Code of Ethics