The Professional Regulations Commission (PRC) released the school of room assignments for the Real Estate Consultants on January 8-12, 2024, in NCR.
Licensure Examination for Real Estate Consultants Things to Prepare and Bring during the Examination Day
- Notice of Admission
- Official Receipt
- Two (2) or more pencils (No. 2)
- Ball pens with BLACK ink only
- One (1) piece long brown envelope
- One (1 ) piece Long Transparent (non-colored) Plastic Envelope (for keeping your valuables and other allowed items).
- Health Forms (pursuant to Joint Administrative Order No. 01, series of 2020)
- Negative RT-PRC Test Results or copy of vaccination card.
Licensure Examination for Real Estate Consultants Proper Dress Code on Examination Day
The specific dress code for the male and female examinee is without any logo or plain tuck-in polo t-shirt and a white blouse or shirt with a collar. Both examinees are advised to wear comfortable slack or decent pants.
Things that are Prohibited Inside the Classroom
The specific dress code for the male and female examinee is without any logo or plain tuck-in polo t-shirt and a white blouse or shirt with a collar. Both examinees are advised to wear comfortable slack or decent pants.
- Calculators that have embedded programs, especially CASIO FX991ES and CASIO FX-991ES plus.
- Books and other review materials containing information on the examination.
- Apple, Samsung, and other smartwatches, cellular phones, wireless earplugs, and other electronic devices that are used for communication.
- Bags of any kind.
- Other examination aides are not stated in the program.
Coverage of the Exam
The coverage of the examination for the written examination encompasses various aspects related to the fundamentals of real estate consulting. The examination delves into the fundamentals of consulting, emphasizing standards and ethics, including the Uniform Standard of Professional Realty Consultant Practice (USPRCP) and the National Code of Ethics and Responsibilities. Real estate finance and economics constitute a significant portion of the examination content.
Additionally, candidates are expected to demonstrate their knowledge of the land management system and real property laws, encompassing legal frameworks such as P.D 957, B.P. 220, Family Code, Civil Code, Commercial Laws, National Internal Revenue Code, and RESA 9646/1RR. Specific laws pertaining to Condominiums, Real Estate Investment Trusts (REIT), Time Sharing, and Cooperatives are also included in this section.
The examination further covers topics related to professional consultancy practice, requiring candidates to showcase their proficiency in consulting tools and techniques, including project feasibility studies and investment measurement tools. Real estate consulting and investment analysis, as well as consulting for specific engagements such as residential, commercial, industrial, recreation, resort, and hotel properties, are integral components of the examination.
Specialized areas like consulting for distressed properties, leasing and buying analysis of properties, business communication/technical writing, environmental impact assessment (EIA) study, and an understanding of current events are also part of the examination syllabus. Moreover, candidates are expected to engage with case studies that test their practical application of the knowledge acquired in the aforementioned areas. This comprehensive coverage ensures that individuals undergoing the examination are well-equipped to handle diverse aspects of real estate consulting in various contexts.
Licensure Examination for Real Estate Consultants January 2024 School Room Assignments
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