by Doah Sto. Tomas | Aug 1, 2021
Aim high and fly high!
Lems, as what we know him, aimed for a higher goal and is now flying with his success!
CRB Lemuel Fallorina, our current Chapter president, did not become a Real Estate Broker by chance
but with the determination to be one. Graduated at UP Visayas Tacloban in 2002, he started his career as a customer service representative and was tasked to market IT products and service for seven years.
During this time, Real Estate condominium sales has flourished the market and he found it interesting to engage in, so he ventured into the business. He started as an in-house Salesperson of Empire East and found the job interesting by working during the daytime and keep his CS job during the night time.
He decided to level up his career due to big opportunities. In 2012, he took the Real Estate board and passed. And now being a Licensed Broker, he resigned from the in-house job with Empire East and joined top caliber realties such as Driven Marketing. In his latest engagement, he was offered a position with SMDC as an Associate Sales Director.
He was introduced to REBAP Global city and right away became a member in 2013. He feels that the organization is his home and continue to be active and became the Chapter President to date.
With joyous hearts we welcome Lems as our featured CRB for this month.
by Doah Sto. Tomas | Jul 29, 2021
REBAP GLOBAL CITY chapter had its 1st Corporate Social Responsibility for the year 2021, on Sunday July 25, 2021, headed by CRB Lemuel Fallorina Chapter President, and CRB Neo Armena, Chapter Secretary. The beneficiary is CITY CHRISTIAN MISSION CHURCH, located in Taguig City. The chapter gave 100 packs of goods for 100 families.
City Christian Mission Church is a house church that has around 100 members. The organization focuses on leadership training, youth activity programs and bible studies especially in Taguig area.
We would like to acknowledge the following CRB’s for their continued support of the Chapter’s activities. CRB Norie Datar, CRB Miles Gaston Abelardo, CRB Donald Montellano, CRB Joyce Manzano, CRB Doah Sto Tomas of Philrep Realty Corporation, CRB Isidro Montalban of MRV, CRB Lourdes Angeles, CRB Crese Cambronero, CRB Lucena Martin, CRBLemuel Fallorina, CRB Geraldine Uy, CRB Cherry Berber, CRB Lorenzo Ballete, CRB Chris Balbuena, CRB Marisol De Los Reyes, CRB Neo Armena of Forthub Realty, CRB Julie Mae Malaga, CRB Karen Rivera, CRB Diana Falguera, CRB Jessielyn Tabinas, CRB Hanzel Florentin.
The chapter will continue to conduct Corporate Social Responsibility, as its core values are empowerment and giving back to community.
by Doah Sto. Tomas | Jul 18, 2021
“Don” as many use to call him started as a Sales Agent in Suntrust Properties Inc. on April 5, 2011. Despite being a BS Education graduate, he has a passion for sales, especially in the real estate business.
After a few years of working in the said company, he became a ‘top seller’ in the condominium business and nine consecutive years as ‘star of the night’ winner during the company’s annual celebration.
These achievements inspired him to take the PRC Real Estate Broker’s Exam and he passed it in December 2017. Armed with the license he quickly became a member of REBAP Global City.
Donald Paras Montellano is also a candidate for a Master’s Program in Business Administration. As an active graduate student, he presented research papers related to his field of specialization.
One of his paper was about the effects of mining to the environment especially to housing projects that was presented in International Conference in 2018 in Yangon Myanmar.
His paper entitled; “Unit Residents’ Satisfaction on The Physical Environment and Interactional Quality of a Condominium in a University Belt in Manila, Philippines”, was selected as “Best Research Paper” in the International Conference in 2019 that was held in Cagayan de Oro City.
At present, he is a Team Leader in Suntrust Properties aimed to boosting the morale and performance of sale agents despite being affected by the COVID-19 pandemic.
Without further ado, fellow CRBs, please meet Donald Paras Montellano, our reigning national “Mr. REBAP” that was held online last May 15 of this year.
by Doah Sto. Tomas | Jul 18, 2021
Formula to success is sometimes not only formulated from one kind of expertise but from various experiences.
Ma. Lourdes “ Det” Mangubat – Angeles is our featured CRB for this month of July 2021.
She had been in a diversified field of experience to include Hospitality and Entrepreneurship.
She graduated Bachelor of Arts and Hotel and Restaurant Administration from UP Diliman in the year 2000 and 2003 respectively and has been actively achieving her success in these fields. She enjoys being in this kind of business but in the year 2015, she decided to try and explore the field of Real Estate.
In the year of 2015, she took the Real Estate Licensure Board and passed. Since then, she is a fulfilled Licensed Broker assisting her salesperson with Avida Land Corp. She had achieved multiple awards and continues to enjoy the benefits brought about by her expertise and the support of the company.
With so much to say about our featured CRB, let us all welcome CRB “Det” Mangubat – Angeles.
by Doah Sto. Tomas | Jul 1, 2021
How do you prefer to have your condominium or town house? Do you want to be the first occupant, or do you not mind living in a place that was previously owned by other occupants? Do you want to see the actual finished product before purchasing, or would you not mind investing in a building that’s yet to be finished?
Those are just some of the concerns often heard and talked about as clients scout for options regarding condominiums, house and lots, as well as town houses. Good for real estate developers and clients, there are two types of properties available in the market. Let us give you some useful information on what these options are.
What is Pre-Selling?
The term “pre-selling” refers to the condominium units or townhouses/house and lots that are sold prior to its completion. Real estate developers wanted to cater to clients who might not exactly have the budget to purchase the finished unit but has money in the bank enough to pay for a spot in a physical property.
One setback in pre-selling units is that you don’t get to appreciate the finished infrastructure because you don’t really get to see it until it’s really done. In fact, your expectations may be a tad different from what you will see when the final product is ready.
However, the good news is that there are dressed up and turn over condominium units, model townhouse units/ house and lots that your agent or broker can show you. It means that you don’t really need to do guesswork or blind buy into something costly.
Given these considerations, you might also want to get in touch with a developer with a good track record in terms of infrastructure and design so that you can at least enjoy the aesthetics as you envisioned it to be.
Is RFO for you?
After the building or property has been completed, it will be sold and RFO or “Ready For Occupancy.” If you need a roof on top of your head as soon as possible, then RFO is the way to go.
If you’re the type of client who wants to be guaranteed of quality in terms of construction and design before making a purchase, then RFO will allow you to examine the physical aspects – amenities and facilities — of your property. It will be easier for you to judge whether you will push through with your investment if you have seen it.
The potential issue with RFO is that most of the good units or home properties with good views and prime spots have been sold during the pre-selling stage. That would mean that the units that have been left will be your only choices.
Making your smart choice
Now that you’re well-versed in these terms, you can better weigh your options in case you’d like to invest in a real estate property. Pre-selling is financially more accessible to most potential clients, but it has its risks. RFO has lesser risks but indeed it’s heavier on the pocket.
Again, we advise you to get in touch with a real estate broker or a developer that has a good record that you can trust so that you will have more chances of making the right choice.
