Why is it necessary to "hire" the services of a Real Estate Broker in buying or selling a Real Estate Property?

In other countries like U.S., Canada, Germany, England, Japan, Malaysia, etc. Real Estate Broker/ Salesman and REALTORS(R)  plays a major role in the buying and selling of Real Estate property of their citizenry.

To Filipino's aside from automobile, Real Estate or house and lot is the first on their mind or list whenever financial investment would be ask.  Specially almost all Filipino OFW dream of buying a piece of property for their family.  However, sometimes because of eagerness to buy they just simply tend to purchase(d) any property which has a "FOR SALE" sign on it.  This is specially true to those first time home buyers.  Without consulting any advice from a Licensed Real Estate Broker they would sometimes have a bad experience in the end, instead surprising their family or love one of their "dream home" he now faces a lot of problems.

Here are some reasons why it is necessary for you to hire the services of a Real Estate Broker;
- R.A. No. 9646 or Real Estate Service Act Law
  This act was signed into law by former President Gloria Macapagal-Arroyo on June 29, 2009.  This law regulate the practice of real estate service in the Philippines.
- A Licensed Real Estate Broker would do a "due diligence" work on a property before offering it for sale to the public.
- A Licensed Real Estate Broker would do a "due diligence" work for you when you want to buy a certain real estate property.
- As a Buyer or Seller your privacy is maintained by a Licensed Real Estate Broker only serious offers will be accepted by him for you to accept and appreciate.

Hiring the services of a Licensed Real Estate Broker comes with a "premium" however these are much lesser compared to lost time with work or family, stress and tension that goes with the negotiation, preparation of preselling Real Estate documents and other problems that may arise in the process.  These things could be simply be avoided or better manage if from the very start of your selling or buying of a Real Estate property a duly Licensed Real Estate Broker was hired!

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