REALTY SERVICE PRACTITIONERS' MULTI-PURPOSE COOPERATIVE (REALTY COOP)

 

MISSION STATEMENT

To provide effective, reliable, and professional real estate service and to engage in real estate business for the support and benefit of the general cooperative membership.

SPECIALIZATION/SERVICES OFFERED

The Realty Service Practitioners’ Multi-Purpose Cooperative offers the following specialization/services:

Brokerage / Project Marketing / Real Estate Appraisal / Real Estate Consultancy / Property Management / Rawland Packaging / Land Registration /Bank Foreclosed Properties Disposal

HISTORY

The Realty Service Practitioners’ Multi-Purpose Cooperative (REALTY COOP) was officially organized last September 27, 2001 at the Philippine Columbian, Plaza Dilao, Paco, Manila with 15 Board of Directors and 33 founding members.  Mr. Florentino S. Dulalia, Jr. was elected Interim and Founding Chairman with Mr. Domingo D. De Vera as his Interim Vice-Chairman. It was later on registered October 8, 2001 under Certificate of Registration C-624-2951 from the Cooperative Development Authority with an authorized share capital of P 3.2 Million, subscribed capital of Eight Hundred Thousand Pesos (P 800,000) & an initial capital outlay or paid-up share capital amounting to Two Hundred Thousand Pesos (P200,000).

REALTY COOP was originally conceptualized by the officers & members of Realty Service Council of the Philippines (RESCOP), the consultative body of the Department of Trade & Industry on matters pertaining to real estate service & industry, led by Mr. Victor Salinas, Mr. Florentino Dulalia, Jr., Mr. Domingo De Vera and many others.  In view of the fluctuating status of real estate market, a need to establish an entity to unify the practitioners (Brokers, Appraisers and Consultants) and which will serve to support and assist real estate practitioners in the form of emergency loans, death benefits in time of their needs.  Thus, a special project headed by Ms. Carol Alvarez as Chair of Ways & Means Committee, was proposed, approved and discussed at the RESCOP Regular Council Meetings with regards to the forming of a Real Estate Cooperative.  After several committee meetings, representatives from the different member-associations of RESCOP to serve as incorporators were identified and the name “Realty Service Practitioners’ Cooperative” emerged.

REALTY COOP was registered on October 8, 2001.  The officers and incorporators / founding members were inducted October 16, 2001 at the Dusit Hotel, Ayala, Makati City by no less than Acting NCR Director, Ms. Nonie Hernandez.

COMPOSITION 

Presently, founding members of the cooperative numbers to 70 experienced and licensed real estate brokers, appraisers and consultants.  The Core Group or the board of directors and committee members, if not RESCOP Representatives, are all officers of different national and chapter real estate associations affiliated with RESCOP such as Chamber of Real Estate Builders Associations, Inc. (CREBA), Institute of the Philippine Real Estate Appraisers (IPREA), Institute of the Philippine Real Estate Consultants (IPREC), N.A.R. Phils, Inc. (N.A.R.), National Real Estate Association (NREA), Philippine Association of Realty Appraisers (PARA), Philippine Association of Realty Consultants & Specialists (PARCS), Philippine Association of Realtors Boards (PAREB), Philippine Council of Real Estate Educators (PHILCORE), Real Estate Brokers Association of the Philippines (REBAP) and Realty Owners of the Philippines.

HOME                                       REAL ESTATE PROJECTS