History and Overview
Forty-three years ago, a group of concerned and dedicated licensed real estate brokers bonded together and dedicated themselves to pursue their common objectives of truly professionalizing the real estate industry and raising the level of ethical standards of licensed real estate practitioners. With this noble purpose in mind and adhering to the ideas they firmly believed in, they established an entirely new association known as the Real Estate Brokers Association of the Philippines, Inc. (REBAP).
To fill the specific needs of investors, buyers and sellers of real estate, REBAP instituted a class of expert real estate professionals called “Certified Real Estate Brokers” or CRBs for short. Every CRB is an expert in listing, negotiating, selling, investments, taxes and other real estate related matters and is ready to render services to the community he circulates in. Each is a part of a larger network of real estate professionals.
REBAP was formally registered with the Securities and Exchange Commission on January 4, 1979 as a non-stock, non-profit, non-sectarian and non-political corporation. CRB Rafael Pula was elected the first Chairman to head an 11-man board of directors composed of CRBs Alberto Filamor, Carlos Beloso, Virgilio Gener, Razul Requesto, Victorino Soliven, Francisco Saez, Jr., Alejandro Manio, Ernesto Maloles, Edgar Pascual and Bonifacio Regalado. The board along with Eliseo Cordero, Fernando Lising, Ruben Tiosejo and Zenaida Panlilio were signatories to REBAPs Articles of Incorporation.
As early as its beginnings, REBAP has made its presence felt in business, government and other sectors of society by constantly articulating its stands on issues affecting the real estate industry and more so, the public which it serves. Through the years, the association steadily grew in membership and gained recognition as a vigilant, innovative and resolute group.
Today, REBAP is a strong force of more than 1500 licensed real estate brokers spread over 37 chapters in Metro Manila and the provinces. It will continue to expand by establishing more chapters in key areas of the country’s 13 regions and invite to its fold the still many licensed real estate brokers who desire to pursue the same goal as ours with the end of finding fulfillment in their real estate careers.