To succeed in the real estate service sector in the Philippines, aspiring entrepreneurs must be persistent, passionate, and prepared to navigate regulatory and operational challenges. This article provides a roadmap for establishing a successful brokerage by following 7 steps.
Tag Archives: real estate brokerage
5 Important Lessons from the Supreme Court Regarding a Broker’s Commission
The article emphasizes the significance of a Listing Agreement or Authority to Sell in the profession of a real estate broker, as these documents protect a broker’s rights to their commission. Atty. Jojo cited three Supreme Court cases affirming brokers’ rights to commission, even when property sellers retract their agreements. The article underscores the importance of a notarized Authority to Sell and encourages brokers to serve their clients well, highlighting that earning commission comes from efficient service, not the pursuit of money.
The Most Important Document You Need Before Selling Any Real Estate
In the realm of real estate, disputes between brokers and property owners often arise, typically involving the validity of the exclusive authority to sell. This article delves into these complexities. It emphasizes that every broker, regardless of their relationship with an owner-seller, must protect themselves by signing a Listing Agreement. The critical legal document establishes the shared parameters of the property’s sale, essentially defining the relationship between the broker and seller.
Realttorney® 