It is essential for brokers to thoroughly verify the authenticity of documents before relying on them in a transaction. This is especially true for important documents like a Special Power of Attorney (SPA), which grants significant power to the person designated to act on behalf of the absent party. n a recent transaction, a broker …
It is important for real estate agents to carefully research and understand the policies and practices of developers and brokerage firms before entering into any business arrangement with them. This helps to mitigate the potential risks and challenges involved in working with these parties, and ensures that the agent’s interests are protected. One such risk …
As an agent or broker, it’s important to be aware of fake buyers and the strategies they may use to deceive you. These individuals may present themselves as interested in purchasing a property, but their ultimate goal is often to scam agents and brokers out of money or other valuable items. Fake buyers can be …
Protecting Yourself from Fake Buyers: How to Spot and Avoid Scams Read More »
Closing multi-million peso deals can be a challenging and rewarding experience, but it is important to remember that the chances of success are often quite small. There is a lot of competition in the real estate industry, and it is not uncommon for sellers and lessees to try to minimize the commission paid to brokers. …
Failed Real Estate Deals: Avoidable Costly Mistakes Read More »
As a real estate agent, it’s crucial to be diligent and cautious in every aspect of the job. From verifying the authenticity of potential buyers to establishing clear terms with all parties involved in a transaction, it’s important to always have your best interests in mind. Unfortunately, not everyone in the real estate industry operates …
The Dark Side of Real Estate: What Agents Need to Know Read More »
Being a real estate investor can be a rewarding and lucrative way to build wealth and create passive income streams. However, many people are hesitant to enter the world of real estate investing due to the perceived hassles and responsibilities of being a landlord. Fortunately, there are ways to invest in real estate without the …
Agricultural land in the Philippines can be a good investment for a number of reasons. First, the Philippines is an agricultural country with a large population that relies on agriculture for food and income. As such, there is a constant demand for agricultural products, which can provide a stable source of income for investors in …
Why Invest In Agricultural Land in the Philippines? Read More »
Many real estate owners are absentee owners. Absentee owners are individuals who own real estate but are not physically present in the property they own. In the Philippines, many agricultural lands or farms are owned by Filipinos who live and work abroad. This can create significant challenges in managing their properties and generating revenue. Absentee …
Cooperatives are a type of business organization owned and controlled democratically by its members, who are often the customers, workers, or residents of a particular community. These organizations are designed to meet their members’ social, economic, and cultural needs rather than maximizing profits for external shareholders. Cooperatives have a long history in Europe and Japan …
3 Reasons Why Cooperatives Struggle to Thrive in the Philippines and How to Fix Them Read More »
As an individual owner of a rental property, you are responsible for managing all aspects of the property, including finding and screening tenants, collecting rent, handling maintenance and repairs, and handling any legal issues that may arise. As an individual owner of a rental property, managing your own property can be a rewarding and fulfilling …
The Challenges of Managing a Rental Property as an Individual Owner: Tips for Success Read More »
