SIXTEENTH CONGRESS OF THE REPUBLIC) 
OF THE PHIl:;lPPINES 
) 
First Regular Session 
) 
SENATE 
Senatei§iII No. 
1362 
.senate 
{ij)f[,;. "f lq.,,!iom,t .. , 
'13 
nUG 28 P 2:06 , 
INTRODUCED BY SEN. JINGGoY EJERC1TO ESTRADA 
EXPLANATORY NOTE 
This measure was filed by the Committees on Civil Service and Government 
Reorganization, and Urban Planning, Housing and Resettlement during the 
Fifteenth Congress which was unfortunately not passed into law. 
The real estate industry is one of the essential industries in the country, 
contributing significantly to the country's economy. However, its contribution can 
be maximized even more, particularly in providing job opportunities to our people, 
if certain provisions of Republic Act No. 9646, otherwise known as the "Real 
Est1:.ite Service ACt of the Philippines'!; 
This bill seeks to promote employment opportunities in the real estate sector of 
the country by proposing, among others, the following amendments to RA 9646 
concerning real estate salespersons: 
. 
1) replacement of the requirement of two (2) years in college by "relevant 
education in real estate, urban planning, marketing, management, 
business administration, and other similar courses"; 
2) allowing a person to be an accredited real estate salesman if he or she 
has accumulated a combined three (3) years of experience in real estate 
as attested by real estate developer or broker; and, 
3) removal of the requirement of at least one (1) real estate broker for every 
twenty (20) accredited salespersons: 
These amendments will open the opportunities for current and potential 
salespersons while at the same time ensuring that the quality and 
competitiveness of real estate salespersons are still upheld. 
The immediate passage of this Dill is ear-nestly sOUSI'lt. 
OY EJERCITO ESTRADA 
Senator 


-Senlltr 
SIXTEENTH CONGRESS OF THE REPUBLIC) 
6llH,;. of Itl< ~m.br~ 
OF THE PHIl:IPPINES 
) 
First Regular Session 
) 
'13 
AUG 28 P2 :06 
SENATE 
Senate Bill No. 1362 
INTRODUCED BY SEN. JINGGoY EJERClto EStRADA 
AN ACT 
PROMOTING EMPLOYMENT OPPORTUNITIES IN REAL ESTATE SERVICE 
IN 
THE 
PHILIPPINES, 
AMENDING 
FOR THE 
PURPOSE CERTAIN 
PROVISIONS OF REPUBLIC ACT NO. 9646, OTHERWISE KNOWN AS THE 
REAL ESTATE SERVICE ACT OF THE PHILIPPINES 
Be it enacted by the Senate and the House of Representatives of the Philippines 
in Congress assembled: 
1 
SECTION 1. Section 2 of Republic Act No. 9646 is hereby amended to read as 
2 
follows: 
.; 
3 
4 
"Section 2. Declaration of POlicy. - The State recognizes the vital 
5 
role of real estate service practitioners in the social, political, 
6 
economic development and progress of the country by promoting 
7 
real estate market, stimulating economic activity, PROMOTING 
8 
EMPLOYMENT 
OPPORTUNITIES 
IN 
THE 
SECTOR 
and 
9 
enhancing 
government 
income 
from 
real 
property-based 
10 
transactions. Hent;:e, it shal! develop J'lnd nurture througlJ proper 
11 
and effective regulation and supervision a corps of technically-
12 
competent, responsible and respected professional real estate 
13 
service practitioners whose standards of practice and service shall 
14 
be globally competitive and will promote the growth of the real 
15 
estate industry." 
, 
16 
17 
18 
SEC. 2. Section 28 of the same law is hereby amended: 
19 
20 
"Section 28. Exemptions frorr! the Acts Constituting the Practice of 
21 
Real Estate Service. - The provisions of this Act and its rules and 
22 
ri:igulatibhs sliall tiet apply te tlie felleWilig: 
23 
~4 
(a) A,ny p~rson, natural or judicial" who ~hC!!1 directl¥ perform Py 
25 
himself I herself the ,acts ,mentioned In Section 3 hereof With 
26 
reference to his I her or its own property [, except real estate 
27 
developersj; 
28 
29 
(b) xxx" 
~O 
31 
1 


1 
SEC. 3. Section 31 of the same law ii;! hereby amended to read as follows: 
2 
3 
4 
"Section 31. Supervision of Real Estate Salespersons. - For real 
5 
estate salespersons, no examination shall be given, but they shall 
6 
be accredited by the Board:. Provided, That they have [completed 
7 
at least twe:> (2) years ot college] UNDERTAKEN RELEVANT 
9 
EDUOATION 
IN 
REAL 
ESTATE, 
URBAN 
PLANNING, 
9 
MARKETING, MANAGEMENT, BUSINESS ADMINISTRATION 
10 
AND OTHER SIMILAj'{ COURSES and have l,lndergone training 
11 
and seminars in real estate brokerage, as may be required by the 
12 
Board. A PERSON WHO HAS ACCUMULATED A COMBINED 
13 
THREE (3) YEARS OF EXPERIENCE IN REAL ESTATE AS 
14 
ATTESTED BY REAL ESTATE DEVELOPER OR BROKER MAY 
15 
ALSO BE ACCREDITED AS A REAL ESTATE SALESMAN. Real 
16 
estate salespersons shall be under the direct supervisicm and 
17 
accountability of a real estate broker. As such, they cannot by 
18 
themselves be signatories to a written agreement involving a real 
19 
Elstate transaction unless the real estatt'l btokt'lr who has direct 
20 
supervision and accountability over them is also a signatory 
21 
thereto. No real estate salesperson, either directly or indirectly, can 
22 
negotiate, mediate or transact any real estate transaction for and in 
23 
behalf of a real estate broker without first securing an authorized 
24 
accreditation as a real estate salesperson for the real estate broker, 
25 
as prescribed by the Board. A real estate broker shall be guilty of 
26 
violating this Act for employing or utilizing the services of a real 
27 
estate salesperson wher .. he{~he has not secured the required 
28 
accreditation from the Board prior to such employment. 
29 
30 
Xxx" 
31 
32 
33 
SEG. 4. Section 32 of the same law is hereby amended: 
34 
35 
"Section 32. Corporate Practice of the Real Estate Service.-
36 
37 
(a) No partnership or corporation shall engage in the business of 
38 
real estate service unless it is duly registered with the Securities 
39 
ana Exenange Commission (SEC), ana the persons iiUUiai'i:zea 
40 
to act for the partnership or corporation are all duly registered 
4! 
~nd licensed ~eal El,state broker,S) appraisers 9r cO[lsl!'tants.. as 
42 
the case may be. The partnership or corporation shall regularly 
43 
submit a list of its real estate service practitioners to the 
44 
Commission and to the SEC as part of its annual reportorial 
45 
requirements. 
[There shall at least be one (1) licensed real 
46 
estate broker for everytwe~ty (20) accredited salespersons.] 
47 
48 
(b) X x x" 
49 
50 
51 
SEC. 5. Repealing Clause. - All laws; decrees, executive orders, department or 
52 
memorandum orders and other administrative issuances or parts thereof which 
53 
are Inoonslstent With the pttlilislons bf this Att are hereby motlifletl, supersedetl 
54 
or repealed accordingly. 
55 
56 
2 


------------
1 
SEC. 6. Separability Clause. - If any part or provision of this Act is declared 
2 
invalid or unconstitutional, the other parts thereof not affected thereby shall 
3 
remain valid. 
4 
5 
6 
SEC. 7. Effectivity Clause. - This Act shall take effect fifteen (15) days upon 
7 
completion of its publication in at least two (2) national newspapers of general 
g 
circulation. 
9 
10 
it 
12 
13 
14 
Approved, 
: ,'J 
.<1 I /:', 
. '"j" 
3