As a property owner, you can sell your real estate by yourself. As a buyer looking to buy real estate, you can find properties to buy by yourself.
However, real estate transactions in the Philippines, as elsewhere, is a complicated process that takes a lot of your time and effort, that it is better to engage the services of real estate professionals to do the job for you, hassle-free.
That is why it pays to have your real estate transactions handled by a licensed real estate professional, e.g. by a real estate broker.
Talking about real estate professional, a Realtor, as a licensed real estate professional, is a person who can do the job for you – either you as a seller or a buyer of real estate.
What is a Realtor? Who is a Realtor?
The word REALTOR® is a registered collective membership mark that identifies an individual as a real estate professional who is a member of the National Association of REALTORS® (NAR) of the United States of America.
The National Association of REALTORS®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members, present in nearly 60 countries of the world.
Realtors® follow the rules that govern the Realtors® professional conduct, including the Code of Ethics.
As such, a Realtor is committed to working to create a higher standard of integrity and service for the real estate industry, and his / her mission is to deliver exemplary service to the clients.
Hence, a REALTOR is a licensed real estate professional, who is a member of the National Association of REALTORS of the United States of America.
Below are the following reasons why a realtor, who is also licensed real estate broker, is necessary:
1. A Realtor can make the job of looking for a house (and lot) very easy and worry-free for you. Unless, of course, if you want to spend your time, money and effort in wading through a jungle of classified ads and visiting house after house, block by block, or subdivision by subdivision, on your own.
2. A Realtor can help you prequalify for a loan with the banks and or in the Pag IBIG, with a comparison of interest rates, and let you know how much house you can afford. Since a real estate broker maintains a listing, which is composed of available houses and lots for sale in different locations in his area of operations, then he can give you easy information on the neighborhoods where your target house to buy is located.
3. A Realtor can help you examine the documents to ensure that when you buy a house (and lot), you will not be scammed or victimize by unscrupulous individuals and fixers. A licensed real estate broker, like any professional, has a Code of Ethics which mandates to protect and defend the interest of the clients and the public at all times. Thus, a real estate broker will help you scrutinize the certificate of title to the property to see to it that it is genuine, determine whether the property as described in the certificate of title is the one and the same property as registered with the Register of Deeds, and as described in the Tax Declaration as recorded in the Assessors’ Office.
So, it pays to deal with a realtor, and not with the fixers or colorum brokers and unlicensed real estate agents / salespersons.
Realtors in Bacolod City and Negros Occidental, Philippines
Atty. Elias “Eli” Gatanela, Jr. and Ma. Elena Pineda Gatanela are both Realtors. They are International REALTOR® Members of the National Association of REALTORS® (NAR) of the United States of America.
As such, Realtor Eli and Realtor Elena can help you if you have problems in buying and/or selling your properties in the Philippines, especially in Bacolod City and in Negros Occidental.
You can reach Realtor Eli or Realtor Elena by e-mail at: email@example.com.
They own E. GATANELA REALTY CO., a SEC-registered real estate company. Their office is at Suite 4, 2nd Floor, LD Centre, 7th-Lacson Streets, Bacolod City, Philippines.