The document outlines various real estate professions in the Philippines, detailing the roles of real estate consultants, appraisers, assessors, brokers, and salespersons. Each profession involves different responsibilities, such as providing valuation services, offering professional advice, and facilitating property transactions. The document emphasizes the need for licensing and the specific expertise required for each role.

1. REALESTATEPROFESSIONS
INTHEPHILIPPINES
•Providesresearch,analysisandadvisingservicestoclients.
•Offersorrendersprofessionaladviceandjudgmenton:
acquisition,enhancement,preservation,utilization
ordispositionoflandsorimprovementsthereon.
REALESTATECONSULTANTREALESTATECONSULTANT
•Determinesmanytypesofvalues—assessedvaluefortax
purposes,investmentvalueorpresentvalueforpotential
investors,“book”valueofaccountingpurposes,
rentalvalueforincomeprojectionsandinsurablevalue.
•ActsasanexpertonRealEstatevalues.
REALESTATEAPPRAISERREALESTATEAPPRAISER
•Theyestimatethevalueoflandandthebuildingson
theland.
•Worksinalocalgovernmentunitandperformsappraisal
andassessmentofrealpropertiesessentiallyfor
taxationpurposes.
REALESTATEASSESSORREALESTATEASSESSOR
•Dulyregisteredandlicensednaturalpersonwho,fora
professionalfee,commissionorothervaluable
consideration
•Actsasanagentofapartyinarealestatetransaction.
•Assistsclientsinbuying,selling,andrentingproperties.
REALESTATEBROKERREALESTATEBROKER
•Performsservicefor,andinbehalfofaRealEstatebroker.
•Noexaminationisrequiredforrealestatesalespersonsas
statedbyRESAlawbutthereareminimumrequirementsthe
applicantmustpossess.
REALESTATESALESPERSONREALESTATESALESPERSON
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