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The law exposes aspiring brokers to the most expensive and prohibitive licensure process in the world because it requires applicants to be a graduate of a 4-year Bachelor of Science in Real Estate Management (BSREM), a condition that does not exist in successful models like Singapore and the US.

To expedite the process and allow for a speedier certification process, we propose the formation of a National Real Estate Commission that will be responsible for handling the registration and job-finding for real estate salespersons.