Real Estate Broker vs. Real Estate Salesperson: Key Differences & Career Paths
Choosing Between a Real Estate Broker or Salesperson Career in the Philippines
Choosing Between a Real Estate Broker or Salesperson Career in the Philippines
Choosing a career in real estate is a great opportunity in the Philippines, but many aspiring professionals are unsure whether to become a real estate broker or a salesperson. While both roles are involved in property transactions, they have key differences in terms of licensing, responsibilities, and earning potential.
This guide will help you understand the difference between a real estate broker and a salesperson, the qualifications required, and how to start your career in the real estate industry.
Real Estate Broker vs. Real Estate Salesperson: A Side-by-Side Comparison
Feature | Real Estate Salesperson | Real Estate Broker |
---|---|---|
License Requirement | Not required, but must be accredited by the PRC | PRC-issued real estate broker license required |
Educational Requirement | At least 2 years of college (72 units) + 12 credit units of real estate training | Bachelor of Science in Real Estate Management (BS REM) |
Scope of Work | Assists a licensed broker in selling properties | Can operate independently and manage salespersons |
Commission Earnings | Earns a percentage of the broker’s commission | Receives full commission and can hire agents |
How to Become a Real Estate Salesperson
For those who want to start a career in real estate without immediately obtaining a broker’s license, becoming a real estate salesperson is a great first step.
Qualifications for Real Estate Salespersons
- At least two years of college education (minimum of 72 units completed)
- Must be a Filipino citizen
- Good moral character with no criminal record
- Completion of 12 credit units of real estate brokerage training
PRC Accreditation Process for Salespersons
- Secure a sponsorship from a licensed real estate broker
- Complete 12 credit units of real estate brokerage training
- Submit accreditation requirements to the Professional Regulation Commission (PRC)
How to Become a Licensed Real Estate Broker
If you want to operate independently and earn full commissions, you’ll need to become a licensed real estate broker. The process is more complex but comes with higher earning potential.
Qualifications for Real Estate Brokers
- Hold a Bachelor of Science in Real Estate Management (BS REM)
- Pass the Real Estate Broker Licensure Exam
- PRC registration and license issuance
PRC Real Estate Broker Licensure Exam
Once you have obtained a BS REM degree, you must:
- Apply for the Real Estate Broker Licensure Exam through the PRC online portal
- Pass the licensure exam covering real estate law, taxation, finance, and brokerage practices
- Register with the PRC and take the broker’s oath
Which Career Path is Best for You?
Choosing between a real estate salesperson and a broker depends on your long-term goals:
- If you want to start working in real estate immediately and gain experience, becoming a salesperson is the best option.
- If you aim to run your own brokerage and earn higher commissions, you should work towards becoming a licensed broker.
Final Thoughts
The Philippine real estate industry offers exciting career opportunities for both brokers and salespersons. Whether you start as a salesperson or work towards becoming a broker, there are many ways to grow and succeed in this field.
For more details on getting started, read our Ultimate Guide to Becoming a Real Estate Broker or Agent in the Philippines.