Philippine Association of Real Estate Boards (PAREB) is a non-profit professional organization that serves as the oldest and largest national real estate service organization in the Philippines.
Founded in 1960, PAREB unifies real estate brokers, salespersons, appraisers, assessors, and consultants across all 18 regions of the country. The organization operates from its headquarters at the PAREB Centre in Pasig City.
Core Mandate
PAREB exists to:
- Advance and protect the interests of property owners and buyers in the Philippines
- Champion ethical conduct and professional standards among real estate practitioners
- Collaborate with government regulators such as the Professional Regulation Commission (PRC) and policymakers
- Establish legal frameworks that safeguard the integrity of real estate transactions
Key Services
PAREB provides its members with:
- MLS PAREB (Multiple Listing Service) — A centralized database and platform that enables real estate brokers and agents to share property listings nationwide and collaborate on transactions
- Continuing Professional Development (CPD) — Accredited training programs required by PRC-licensed real estate service practitioners
- Conventions and Conferences — Regular forums that equip members with updated market knowledge and industry skills
- Networking — Access to a nationwide network of 68 local member boards with over 5,000 practitioners
Jurisdiction
PAREB operates nationwide across the Philippines. Its network spans:
- 68 local member boards strategically located in major cities and provinces
- Over 5,000 members including licensed brokers, appraisers, consultants, CPAs, lawyers, and engineers
- Coverage of all 18 administrative regions
The organization is recognized by the PRC as an accredited CPD provider (RAE-2013-014) under Republic Act 9646 (RESA Law).
MLS PAREB: The Multiple Listing Service
MLS PAREB is the organization's flagship platform that functions as a Multiple Listing Service for Philippine real estate. It allows:
- Real-time property listing exchange among PAREB members
- Centralized search for residential, commercial, and industrial properties
- Broker-to-broker collaboration on sales and rentals
- Property data standardized in Philippine Pesos (PHP) and square meters (sqm)
For buyers, engaging one PAREB broker provides access to the entire network's inventory rather than searching multiple individual agents.
Official Resources
- Official Website: pareb.com.ph
- MLS PAREB Platform: mlspareb.com
- Headquarters: The PAREB Centre, P.E. Antonio St., Brgy. Ugong, Pasig City
Related Terms
- Multiple Listing Service
- Real Estate Broker
- RESA Law (RA 9646)
- Professional Regulation Commission
- Real Estate Service Practitioner
References
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