Real Estate Brokers Board Exam 2014
The Real Estate Brokers Board Exam, also known as the Real Estate Brokers Licensure Examination, is a board exam facilitated by the Board of Real Estate Service under the Professional Regulatory Commission to assess the competency of aspiring real estate brokers.
As per R.A. 1080, individuals who passed the board exam need not take the civil service exams to be eligible for the following positions:
- Real Estate Broker
Review Courses for Real Estate Brokers Board Exam
There are review courses that you can take to prepare for the board exam. The content of these review courses may vary depending on the review centers, but they’re mostly based on the examination scope released by the Professional Regulatory Commission which includes:
General/Fundamentals 25%
- Fundamentals of property ownership
- Code of Ethics and Responsibilities
- Legal Requirements for Real Estate Service (R.A. 9646 / IRR)
Technical Knowledge 25%
- Subdivision Development (including P.D. 957, B.P. 220, P.D. 7279, etc)
- Condominium Concept and other types of real estate holding
- Legal Aspect of Sale, Mortgage, and Lease Documentation and Registration
Professional Practice 50%
- Real Estate Brokerage Practice
- Real Estate Finance and Economics
- Urban and Land Use
- Planning, Development, and Zoning
- Basic Principles of Ecology
- Basic Appraisal for Real Estate Brokers
TAKING THE EXAM
Licensure exams for aspiring real estate brokers are usually held once a year. Below are the dates and testing centers for the 2014 Real Estate Brokers Board Exam.
| DATE | DAY/s PLACE | DEADLINE OF FILING |
|---|---|---|
| March 16, 2014 | Sunday /Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo & Lucena |
Feb. 24, 2014 |
NATIONAL PASSING RATE
The table below shows the number of board passers in the Licensure Exam for Real Estate Brokers in the last 3 years:
| EXAM | EXAM TAKERS | BOARD PASSERS | PASSING RATE |
|---|---|---|---|
| 2013 | 2,969 | 1,928 42 (Approved without Registration) |
64.93% |
| 2012 | 4,801 | 3,192 461 (Approved without Registration) |
66.48% |
| 2011 | 4,762 | 3,185 6670 (Approved without Registration) |
66.88% |
