Do you have a property that you want to sell or lease out? Let us offer our services to you.
List with us and widen your property's market reach to sell/lease it faster. FAQS: Q: Who are we? A: We are a team of duly registered and licensed real estate brokers and agents that specializes in marketing properties for sale and for rent in the Philippines. Q: How do we market properties? A: We market online via social media and real estate listing platforms, our network of agents and brokers, our website and we also have a database of clients whom we send property updates on a regular basis. Q: Do we ask for payment upon listing your property? A: No. We only get paid upon successfully leasing or selling your property. Q: What are the requirements for enlisting your property? A: We will need you to fill up authorization forms as well as submit proof of ownership of property and proof of updated taxes and dues. Important Note: We, as brokers, invest in advertisements in different property portals and social media platforms. We only market properties of sellers or lessors who provide us with complete listing requirements (proof of ownership). We ensure that the properties we market are duly verified and that we are legally acknowledged brokers of the seller. Just click on the applicable link below, fill up and submit the form. Thank you! |
Basic Things To Remember When Selling or Leasing Your Property
By: Michelle Madarang, REB Finally you have decided to sell your property to liquidate your asset or to lease your property to maximize its income potential. Now, what is your next step? Here are some basic things to remember and prepare to ensure you will have a smooth transaction and secure your hard-earned money. #1 HIRE ONLY LICENSED REAL ESTATE BROKERS As a property seller or buyer, you must be very careful in dealing real estate transactions. In this day and age, there is a proliferation of fly-by-night agents that leave clients empty-handed who had ran away with their money, sold to them a non-existent property, double sale of a property, etcetera. To avoid such things, you must only deal with legitimate practitioners/professionals such as a Real Estate Broker. Licensed Real Estate Brokers have college degrees and passed the Board Examination. Duly registered and licensed, they possess the legal license to handle real estate transactions. To check if the person you are dealing with is a duly licensed real estate broker, just simply visit the “Verification of Professional Licenses” page at PRC’s website and select the Real Estate Broker under the Profession field. Real Estate Brokers are guided by the Code of Ethics and are governed by the RESA Law or RA 9646. #2 PREPARE ALL PROOF OF OWNERSHIP DOCUMENTS Only the registered owner/s can enter into agreement to sell or lease a property. The seller must provide proof of ownership to the Broker to ensure that the property that the Broker will market is a legitimately selling or leasing the property and that documents provided are legitimate. The following documents must be prepared. Licensed Real Estate Brokers are bound to deal with all clients' documents and information with confidentiality. A. For turned over properties Copy of CCT/TCT Copy of Tax Declaration, Tax Clearance, Latest Tax Receipt Copy of all registered owners' valid ID Signed Authority To Sell or Authority To Lease Form (to be provided by the Broker) B. For preselling properties (still under construction by the developer) Copy of CTS (Contract To Sell) Lastest SOA (Statement of Account) Copy of all registered owners' valid ID Signed Authority To Sell Form (to be provided by the Broker) *Documents above are initial requirements needed to verify proof of ownership. Additional documents will be needed should a deal or transaction is already under negotiation with a buyer. #3 PREPARE YOUR PROPERTY FOR VIEWINGS Any owner wanting to sell or lease his/her property would like to get a buyer/tenant the soonest possible time at the best price. In order to help the Broker to market well your property, it is best to make sure the property is ready for viewings and will be pleasing to the eyes of the potential buyer/tenant. What to do? Provide nice pictures of the property to the Broker. Or let the broker visit the property and take pictures. Be sure that during this time, your house/unit is free from clutter, that all parts/rooms of the property are well lit. In the event of a potential client viewing schedule, make sure your pets are temporarily caged or tied up to avoid scarying away the clients. Make your place smell good on client viewing day. #4 FEES INVOLVING A SALE OF A PROPERTY Broker's Fee - The broker's professional fee in marketing your property, finding a buyer and processing the necessary documents of the sale. Capital Gains Tax (CGT) - To be shouldered by the seller of the property which is 6% of the selling price. Documentary Stamp Tax, Transfer Fees, Registration Fees etc. - Usually on the account of the buyer. Again, all the above are just some basic things in a sale/lease of a property. Other documents and necessary steps are needed depending on the status of a property. |
