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CEBU
CITY, June 17 (PNA) - A real estate industry executive
has called on the Department of Trade and Industry
(DTI) and the Housing and Land Use Regulatory Board (HLURB)
to control the operation of illegal real estate
agents.
There must be a concerted effort from the different
parties concerned, said Zosimo Cano, vice president of
Asian Pacific Realty and Brokerage Corp. and chairman
of the National Alliance of Filipino businessmen board
of trustees.
He also asked developers to cooperate in getting rid
of illegal real estate agents.
"The developers should utilize only licensed brokers.
Licensed brokers, for their part, should employ only
licensed salesmen. Those who are currently having
unlicesned salesmen should have them licensed now,"
Cano said.
A licensed real estate broker negotiates between the
buyer and seller of real estate. While some brokers do
their jobs without any other associate, there are
brokers who have subordinates called salesmen. They
are not licensed by the DTI to sell properties.
DTI Cebu Provincial Office Trade and Industry
Regulatory Division chief Zaide Bation admitted that
it is hard for the agency to control the proliferation
of unlicensed salesmen.
"How are we supposed to know the actual transactions
of those unlicensed salesmen? Unless somebody
complains, it would be hard to track them down," she
said, noting that licenses for brokers and salesmen
are good for three years.
DTI-Cebu records show that there are 301 licensed
brokers, 16 salesmen and three realtors' associations
registered in Cebu province for the period 2004-2006.
Another 53 brokers and four salesmen were given
license for the 2005 to 2007 period.
DTI conducts the brokers and salesmen licensing exams
twice a year. (PNA) |