Podcast
Questions and Answers
What was the purpose of founding the society of counselors in the U.S?
What was the purpose of founding the society of counselors in the U.S?
- To provide free real estate advice and guidance
- To meet the public need for competent, disinterested, and independent real estate advice and guidance on a fee basis (correct)
- To affiliate with the National Association Realtors
- To develop and express unsound judgment on diversified problems in real estate business
When was the society of counselors in the U.S formally recognized as a distinct real estate practice?
When was the society of counselors in the U.S formally recognized as a distinct real estate practice?
- 1976
- 1953 (correct)
- 1960
- 1954
What did the society of counselors invite into its membership?
What did the society of counselors invite into its membership?
- Only Realtors without any knowledge of real estate business
- Only Realtors who have demonstrated their dishonesty
- Only Realtors who have demonstrated their integrity and are qualified by experience, training, and knowledge (correct)
- Only Realtors who have little experience and training
What inspired the development and recognition of the professional consulting practice in the Philippines?
What inspired the development and recognition of the professional consulting practice in the Philippines?
What did the members of the society of counselors pledge themselves to abide by?
What did the members of the society of counselors pledge themselves to abide by?
Which organization affiliated itself with the National Association Realtors in 1954?
Which organization affiliated itself with the National Association Realtors in 1954?
What is the main difference between the consulting practices in the Philippines and the U.S.?
What is the main difference between the consulting practices in the Philippines and the U.S.?
How does the relationship between the consultant and the client compare to that of a CPA or lawyer and his client?
How does the relationship between the consultant and the client compare to that of a CPA or lawyer and his client?
What is the primary focus of valuation studies?
What is the primary focus of valuation studies?
How does consulting differ from valuation?
How does consulting differ from valuation?
How does the consultant's relationship with the client compare to that of other real estate practitioners?
How does the consultant's relationship with the client compare to that of other real estate practitioners?
What distinguishes market value from investment value?
What distinguishes market value from investment value?
What is the main focus of real estate consulting?
What is the main focus of real estate consulting?
What was later supplemented by the organization of PARCS in 1992?
What was later supplemented by the organization of PARCS in 1992?
What kind of analysis do valuation studies primarily involve?
What kind of analysis do valuation studies primarily involve?
"Realty consulting is for persons who will approach the service on a professional basis" implies that:
"Realty consulting is for persons who will approach the service on a professional basis" implies that:
What is the legal definition of a real estate consultant under Article I, Sec. 3, g(1) of R.A. 9646 Real Estate Service Act of the Philippines?
What is the legal definition of a real estate consultant under Article I, Sec. 3, g(1) of R.A. 9646 Real Estate Service Act of the Philippines?
What are the characteristics of professional real estate consulting?
What are the characteristics of professional real estate consulting?
What does consultancy aim to provide?
What does consultancy aim to provide?
What is the primary focus of real estate consulting?
What is the primary focus of real estate consulting?
What is the main difference between a real estate consultant and other real estate practitioners?
What is the main difference between a real estate consultant and other real estate practitioners?
What does the Society of Counselors in the U.S pledge its members to abide by?
What does the Society of Counselors in the U.S pledge its members to abide by?
A property owner and a lessee are unable to agree on the rental to be paid over the next ten years of a lease that contains a series of renewals every two years. What type of consulting expertise do they need?
A property owner and a lessee are unable to agree on the rental to be paid over the next ten years of a lease that contains a series of renewals every two years. What type of consulting expertise do they need?
What type of analysis would be necessary for the distributor of bottled drinking water to determine the best location for a distribution center?
What type of analysis would be necessary for the distributor of bottled drinking water to determine the best location for a distribution center?
In the context of evaluating an income-producing property, what expertise would an investor seek to understand the risks, after-tax cash flow, and financing options?
In the context of evaluating an income-producing property, what expertise would an investor seek to understand the risks, after-tax cash flow, and financing options?
What type of assistance would a lessee in the eighteenth year of a twenty-year lease seek to determine whether the real estate taxes being charged are excessive?
What type of assistance would a lessee in the eighteenth year of a twenty-year lease seek to determine whether the real estate taxes being charged are excessive?
What kind of analysis would the owner of an apartment complex need to decide whether to keep or sell the property, and whether it should be sold as an apartment complex or converted into condominium units?
What kind of analysis would the owner of an apartment complex need to decide whether to keep or sell the property, and whether it should be sold as an apartment complex or converted into condominium units?
What type of expertise would an industrial company need to expand a plant and assess options for acquiring a suitable existing facility at another location?
What type of expertise would an industrial company need to expand a plant and assess options for acquiring a suitable existing facility at another location?
Which expertise would a developer require when seeking advice on the type of development best suited to a parcel of land, probable pricing of units built, and probable rate of sales?
Which expertise would a developer require when seeking advice on the type of development best suited to a parcel of land, probable pricing of units built, and probable rate of sales?
In the context of consolidating streets and sites in an old downtown warehouse district, what skills do the investors need to orchestrate this plan?
In the context of consolidating streets and sites in an old downtown warehouse district, what skills do the investors need to orchestrate this plan?
Which expertise would the owners of a large collection of office buildings, hotels, apartment complexes, and industrial properties require to improve their overall portfolio performance?
Which expertise would the owners of a large collection of office buildings, hotels, apartment complexes, and industrial properties require to improve their overall portfolio performance?
In contemplating the offer of a property tax abatement to attract a new downtown hotel, what type of studies would the community need to determine if the anticipated benefits justify the revenue sacrifice?
In contemplating the offer of a property tax abatement to attract a new downtown hotel, what type of studies would the community need to determine if the anticipated benefits justify the revenue sacrifice?
What type of expertise would the owners of a downtown office building require to understand the effects of current trends in office building construction, office space design, local business patterns, and area population characteristics on their investment?
What type of expertise would the owners of a downtown office building require to understand the effects of current trends in office building construction, office space design, local business patterns, and area population characteristics on their investment?
What is one of the qualifications required for a candidate to be admitted to the licensure examination for real estate consultant?
What is one of the qualifications required for a candidate to be admitted to the licensure examination for real estate consultant?
What syllabus outline was prescribed by the BTRCP for real estate consultant’s comprehensive course for licensure examination?
What syllabus outline was prescribed by the BTRCP for real estate consultant’s comprehensive course for licensure examination?
What is the primary focus of the Uniform Standards of Professional Realty Consultants Practice (USPRCP) as adopted by the BTRCP for real estate consultants practitioners?
What is the primary focus of the Uniform Standards of Professional Realty Consultants Practice (USPRCP) as adopted by the BTRCP for real estate consultants practitioners?
What is the required experience for an applicant to show proof of in order to be eligible for the licensure examination for real estate consultants?
What is the required experience for an applicant to show proof of in order to be eligible for the licensure examination for real estate consultants?
What did The Philippine Association of Realty Consultants & Specialists, Inc. (PARCS) make representation to PRBRES for in January 2011?
What did The Philippine Association of Realty Consultants & Specialists, Inc. (PARCS) make representation to PRBRES for in January 2011?
What organization has been the proponent of a Uniform Standards of Professional Realty Consultants Practice (USPRCP) as adopted by the BTRCP for real estate consultants practitioners?
What organization has been the proponent of a Uniform Standards of Professional Realty Consultants Practice (USPRCP) as adopted by the BTRCP for real estate consultants practitioners?
According to the text, what must consultants, like licensed appraisers and certified public accountants, develop and observe?
According to the text, what must consultants, like licensed appraisers and certified public accountants, develop and observe?
In what year did The Philippine Association of Realty Consultants & Specialists, Inc. (PARCS) submit the USPRCP to PRBRES?
In what year did The Philippine Association of Realty Consultants & Specialists, Inc. (PARCS) submit the USPRCP to PRBRES?
What kind of image does the consultant's experience, exposure, and track record produce in the business community according to the text?
What kind of image does the consultant's experience, exposure, and track record produce in the business community according to the text?
According to the text, what must a candidate establish to the satisfaction of the Board at the time of filing his/her application?
According to the text, what must a candidate establish to the satisfaction of the Board at the time of filing his/her application?
What is the primary focus of a consulting service in real estate?
What is the primary focus of a consulting service in real estate?
In consulting, how does advice typically differ from other forms of advice?
In consulting, how does advice typically differ from other forms of advice?
How is consulting success measured?
How is consulting success measured?
What distinguishes consulting practices from other real estate practitioners?
What distinguishes consulting practices from other real estate practitioners?
When are real estate consulting services considered subject to licensing regulations?
When are real estate consulting services considered subject to licensing regulations?
What type of analysis may be involved in consulting services related to real estate problems?
What type of analysis may be involved in consulting services related to real estate problems?
In what way do real estate appraisers differ from consultants?
In what way do real estate appraisers differ from consultants?
What kind of assistance might a client seek regarding real estate consulting?
What kind of assistance might a client seek regarding real estate consulting?
What is the primary focus of real estate consulting?
What is the primary focus of real estate consulting?
What is the main difference between a real estate consultant and other real estate practitioners?
What is the main difference between a real estate consultant and other real estate practitioners?
How does consulting differ from valuation?
How does consulting differ from valuation?
In the context of consolidating streets and sites in an old downtown warehouse district, what skills do the investors need to orchestrate this plan?
In the context of consolidating streets and sites in an old downtown warehouse district, what skills do the investors need to orchestrate this plan?
What kind of analysis would be necessary for the distributor of bottled drinking water to determine the best location for a distribution center?
What kind of analysis would be necessary for the distributor of bottled drinking water to determine the best location for a distribution center?
What distinguishes market value from investment value?
What distinguishes market value from investment value?
'Realty consulting is for persons who will approach the service on a professional basis' implies that:
'Realty consulting is for persons who will approach the service on a professional basis' implies that:
What does consultancy aim to provide?
What does consultancy aim to provide?
What are the characteristics of professional real estate consulting?
What are the characteristics of professional real estate consulting?
What inspired the development and recognition of the professional consulting practice in the Philippines?
What inspired the development and recognition of the professional consulting practice in the Philippines?
