Test Your Knowledge of the Philippines' Commercial Brokerage History During Worl...
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Questions and Answers

What triggered the emergence of commercial brokerage activities in the Philippines during World War I?

  • The influx of foreign businessmen and traders (correct)
  • The establishment of local trading stores
  • The need for acquiring parcels of land for residential purposes
  • The government's initiative to promote real estate investments
  • What were the initial real estate brokerage transactions that developed in the Philippines during World War I?

  • Leasing real properties
  • Acquiring and selling real properties (correct)
  • Constructing factories
  • Establishing trading stores
  • What was the primary reason why foreign businessmen and traders needed offices in the Philippines during World War I?

  • To acquire parcels of land
  • To establish their factories
  • To conduct their business (correct)
  • To promote real estate investments
  • Who is credited with pioneering Real Estate Brokerage as a profession in the Philippines?

    <p>An American military serviceman</p> Signup and view all the answers

    What was the reason behind the demand for real estate middlemen in the Philippines in the early 1920s?

    <p>To negotiate the sale or lease of real estate properties for the buyers or lessees</p> Signup and view all the answers

    What was the initial purpose of Mr. Collin M. Hoskins' acquisition of pieces of land and other real properties in the Philippines?

    <p>For personal use</p> Signup and view all the answers

    What is the significance of Commerce Administrative Order No. 3-6?

    <p>It set up rules and regulations for real estate brokerage in the Philippines</p> Signup and view all the answers

    When was the Manila Board of Realtors founded?

    <p>November 7, 1938</p> Signup and view all the answers

    How did the Second World War affect the real estate industry in the Philippines?

    <p>It took a toll on the growth and development of the industry</p> Signup and view all the answers

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