Earn Income from Real Estate either Part time or Full time

Earn Income from Real Estate either Part time or Full time

Real Estate to me is the pinnacle of Sales.  You will get an opportunity to earn bigger commissions as compared to just selling products that are low of value.  In Real Estate, you are selling houses or condos with an average price of 1Million.

Now, let me illustrate you what I mean about it.

Assuming, you earn 3% commission in every property that you are selling.

For example, you are selling an affordable house and lot in Sta Maria Bulacan, with prices of 600K to 800K only.

Scenarios you sell houses worth P800,000:
    1 unit   - 800,000  x 3% x 1   = 24,000
    2 units  - 800,000 x 3% x 2   = 48,000
    4 units  - 800,000 x 3% x 4   = 96,000

I know a lot of agents, that are selling an average of 4 units or more per month. Just imagine the income potential that real estate selling has to offer.  The income potential is already equivalent of that managerial position in a company.

Of course, the commission that you will receive depends on the mode of payment that the buyer will take.

• If Spot Cash, you can already received the commission in Full
• If thru Pagibig/Bank Financing, you can receive incentives and commission upon loan take out. Usually Loan take out occurs once the house is already built, which usually takes 1-2 years. Other Developers gives certain percentage of commission based on the downpayment that the Buyer has made

So how can you do real estate selling? Am I already qualified to sell a property? Does anyone can sell property anytime?

In the Philippines, there is a law governing Real Estate Selling.  Legally, the one who can sell are the Licensed Real Estate Brokers and the Accredited Real Estate Agents under a Licensed Real Estate Broker. Let me discuss the comparison of Licensed Real Estate Broker and accredited Real Estate Agents.

A Licensed Real Estate Broker is a professional who has passed the Real Estate Broker Examination given by the Professional Regulation Commission (PRC).  Under the law, Real Estate Broker can have at most 20 accredited Real Estate Agents.

An Accredited Real Estate Agents, are under a Licensed Real Estate Brokers. They are at least 2 years college graduate.  They have undergone 16 units of Continuing Professional Education and are registered in PRC and HLURB under a Licensed Real Estate Broker. 

So what if I'm not an Accredited Real Estate Agent? Can I still sell property? Legally No.  You need to be under a Licensed Real Estate Broker and be Accredited in PRC and HLURB. But if you're just referring a buyer, you can still do it.You can still earn a referral commission based on your agreement with the Broker.

Want to be an Accredited Real Estate Agent? or just want to be a referral Agent? Part time?

Join my Real Estate Team

Feel free to contact Mr. Ralf Roger Tagao, at:

Sun (Viber) 0922.879.7968

TM 0935.317.2057

Skype ralftagao2014

FB: https://www.facebook.com/ralfroger.tagao

Regards,

Ralf Roger Tagao

Certified Public Accountant

Licensed Real Estate Broker

PRC License # 0013076

Notes:

**Las Palmas Subdivision, is an affordable house and lot in Sta Maria Bulacan.  The Project ranges from 600k+ to 800k+ only, with a monthly amortization of 4-5K only.