Real Estate Broker vs Appraiser: What’s the Difference? (Real Estate Guide Philippines)

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Ever wondered why property prices differ depending on who you ask?

For instance, does your broker say your property is worth ₱10M, but the bank appraiser values it at only ₱8.5M? ????

Who should you believe? And more importantly, who should you call for your situation?

00:00 In this video, I’ll explain the difference between a licensed Real Estate Broker and a licensed Real Estate Appraiser in the Philippines. You’ll learn:

You’ll learn:
00:58 What real estate brokers really do (buying, selling, leasing, negotiation, mediation) 00:59
1:23 Work of a Listing Broker and Buyer's Broker
3:31 About Dual Agency
4:56 Why a Pure Buyer's Broker is Hard to Sustain in the Philippines

9:38 What appraisers really do (property valuation using market, cost, and income approaches)
11:15 Updates on RPVARA (RA 12001): a new law that creates a national property valuation system and even offers a 2-year real property tax amnesty that can save families with old estates or unpaid real property tax (or amilyar) thousands of pesos

14:19 When to call a broker vs. an appraiser (type of clients)

15:51 How brokers and appraisers work together to protect your interests

Whether you’re a homeowner, buyer, OFW, or investor, this video will help you understand the difference between these two important real estate professionals and why working with licensed experts matters. Those who are planning to get a B.S. Real Estate Management degree are also welcome.

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