Abrep to transform into real estate industry’s voice

·1 min read

FROM being a movement seeking to make the real estate sector a better industry, the team behind the “A Better Real Estate Philippines” (Abrep) is mulling to transform the movement into an industry-wide advocacy coalition.

Abrep president Anthony Gerard Leuterio said they want to make the movement an industry voice for the real estate sector especially since most of the sector’s allied industries have enlisted to join and support the movement.

Abrep is composed of brokers, developers and other allied sectors in real estate. The movement is currently seeking amendments to the Real Estate Service Act (Resa) of 2009.

“This is the first time that all stakeholders in the real estate sector, including developers, have joined together in one organization, acting as industry’s voice,” said Leuterio.

According to Abrep, the Chamber of Real Estate Builders Associations, the National Real Estate Association, the Real Estate Brokers Association of the Philippines, the Organization of Socialized and Economic Housing Developers of the Philippines and the Subdivision and Housing Developers Association have their own specific positions on proposed amendments to Resa and have united in the push for legislative change.

“We are not alone in our call to amend Resa. Real estate practitioners and developers have all united to make this a better law for Filipinos. At Abrep, we believe that with their guidance, the next version of Resa will do much more to serve the Filipino,” said Leuterio. (KOC)