iRealtee OS Glossary

Philippine Association of Realty Consultants and Specialists, Inc. (PARCS)

Established to cater to the unique needs of real estate consultants and specialists, PARCS operates with the following core objectives:

Philippine Association of Realty Consultants and Specialists, Inc. (PARCS)

The Philippine Association of Realty Consultants and Specialists, Inc. (PARCS) is a professional organization dedicated to elevating the standards and promoting the welfare and continuing professional development of real estate consultants and specialists in the Philippines. It serves as the recognized voice for the real estate consultancy profession in the country.

Core Mandate & Objectives

Established to cater to the unique needs of real estate consultants and specialists, PARCS operates with the following core objectives:

  • Professional Development: To foster the continuous professional growth of its members through education and training.
  • Standard Setting: To promote high ethical standards and best practices within the real estate consultancy profession.
  • Advocacy: To represent the interests of its members and the broader real estate consultancy sector in policy discussions and legislative matters.
  • Welfare and Protection: To safeguard the welfare of its members and protect the public from unscrupulous practices.

Membership

Membership in PARCS is typically open to individuals who are duly licensed as real estate consultants by the Professional Regulation Commission (PRC) and who adhere to the association's code of ethics and professional standards. This ensures that its members possess the necessary expertise and credibility to offer specialized real estate advice.

Key Activities & Focus Areas

PARCS engages in various activities to fulfill its mandate, including:

  • Continuing Professional Development (CPD): Organizing seminars, workshops, and conferences that provide CPD units required for license renewal of real estate brokers and consultants.
  • Industry Collaboration: Partnering with government agencies, academic institutions, and other real estate organizations to advance the profession.
  • Knowledge Sharing: Facilitating the exchange of expertise and market insights among its members.
  • Ethical Enforcement: Promoting strict adherence to professional ethics and a high level of competency.

References

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