Why sell Real Estate Properties

Well, why not sell real estate? :)

• No joining fees! (uh oh! networkers will get mad)
• You earn big bucks if you sell one. With the same amount of time and effort selling other products such as cars, life insurance, pre-need plans, etc., you definitely earn a lot more in one shot.
• As of this moment, real estate is still one of the best investment options you have in our country.
• There is a great demand for homes. There is a huge housing backlog - the country still needs millions of housing units to fill up and satisfy the demand for shelter.
• Lots of inventory. We have more than enough projects at Robinsons Land Corporation. You may just focus on our company or on one area and still make big bucks.
• A huge number of Filipinos like to try selling real estate - they know how lucrative it is. They just don't have the confidence and the guidance.

To make it short, just keep on reading this blog and one day, big bucks will come your way...

Real estate - one of the best investments

Just to show you why buying real estate is one of the best investments that one could have in the Philippines nowadays, I have here an example.
Mr. Happy Investor is a client of Emmy - one of our Account Managers. Mr. Happy bought his 2 bedroom (77.90 sq.m.) loft-type unit at East of Galleria last July 31, 2006. That time, the TCP (total contract price) is appoximately P/4.6 M
Today, around two years and two months after he bought it, the TCP of that same unit is approximately P/6.2 M ! An increase of around P/1.6 or 36% from his old purchase price. That would mean a 16.7% increase per year - which is much higher than your time deposit interest rate. This is even higher than the average ROI from investing in the stock market (if ever you're lucky enough to have a profit). Stock market is so terrible these past months and might still plummet.
To top it all, Mr. Happy Investor didn't even pay in cash. He chose a very affordable monthly installment scheme. To date, he has paid a little over 2 million pesos. Now with an increase of 1.64 million compared to his cash out of 2 million, it's now time to do your math :)

Why buy a condo?

There are a number of reasons why it's good (or better) to buy a condo nowadays.
1) Location.

Condos are usually strategically located. Robinsons Land condos are almost always built and located near a mall - Robinsons Place Residences (right smack in Robinsons Adriatico Mall), Gateway Garden Heights/Gateway Garden Ridge/One Gateway Place/Gateway Regency (all located around Robinsons Forum Mall in Edsa corner Pioneer Street, Mandaluyong), Otis 888 Residences (beside Robinsons Otis Mall), Woodsville Viverde Mansions (beside Robinsons Mall along South Superhiway, Merville Paranaque), East of Galleria (a block away from Robinsons Galleria), McKinley Park Residences/The Fort Residences/Fifth Avenue Place/The Trion Towers (all located in Bonifacio Global City), Sonata Private Residences (near Shangri La Mall and SM Megamall).

If you live near a mall, it follows that you are also close to the best schools, entertainment areas, offices, hospitals and churches. This will save you a lot of time, money and energy when you travel to your destination.

2) Security.

It's more secure to live in a condo - you could easily screen your visitors from the gate or from the lobby, 24 hours roving security, CCTV cameras on common areas, intercom (in case of emergencies - i hear stories of elders living alone comfortably and securely inside their condo units).

You could even leave your condo units for weeks or months if you want to go on vacation without having to worry much about burglars.

3) Amenities.

This part I love the most. Imagine having a swimming pool, gym, basketball court, jogging paths, children's playground, function rooms, etc. all within easy reach? Isn't that fantastic?

4) Ease of maintainance.

It's more easier to clean and maintain a condo unit compared to a house and lot.

5) Better investment.

Condos usually appreciate faster and easier to rent out too because of its location. People would surely love to live beside a mall, right? :)

Reality Sale #102

Sometime in July, my Account Manager Julie had just finished her giving out of flyers along Boni Avenue in Mandaluyong when she decided to take a snack at KFC inside Robinsons Forum Mall. She noticed a simply dressed woman who was waiting for her take out order. Julie then approached and presented our various projects. After her series of probing questions, Julie found out that the woman wanted a 3 bedroom unit preferably in Mandaluyong. Since she was in a hurry, they just exchanged their contact numbers. Weeks passed and Julie was diligently calling and sending sample computations.
Last September 12, Friday, Julie got a call from the woman prospect, asking if they could meet in the morning of the following day. However, something came up and they decided to meet on Sunday instead. They met at our newly opened Gateway Regency model unit inside Cybergate 3 building. The prospect, a 52 year old woman, suddenly became interested in The Trion Towers. They went to the model unit and site in Fort Bonifacio, was deeply impressed with the whole concept and with the affordable payment terms, in short, the deal was closed. She then told Julie to pick up the reservation check on Monday, September 15. J
The Trion Towers
Unit 15O – 2 bedroom – P/ 5.5 M approx

Unit 15P - 1 bedroom – P/ 3.9 M approx
*approximate amount of commission --- just email me for the approximate amount :)

Account Managers Needed

We currently need full time Account Managers (in-house real estate agents) who will be assigned to market our condominium projects in Metro Manila, Cebu and Tagaytay.

He or she, preferably, must have a good track record in sales, excellent communication skills and a ready market to tap.

For those who qualify, they will be given

• monthly allowance of up to 15k
• high commission rate of up to 3.4%
• performance bonus per sale
• gift certificates per quarter
• foreign and local trips
• full marketing support

***Email resume at robinsonslandcorp@yahoo.com

"THE REAL ESTATE BOOM... IT'S HERE!"

I attended a symposium for licensed brokers conducted by the Quezon City Realtors Board, Inc. on the occasion of its 50th Founding Anniversary, last September 9, 2008 at the Sulo Hotel in Quezon City --- Symposium '08 THE REAL ESTATE BOOM... IT'S HERE. This is part of my 'Continuing Education Program' required of brokers in order for us to renew our license for 2009.

The guest speakers were Hon. Feliciano Belmonte, Jr. (represented by Councilor RJ Belmonte), Mr. Rex Mendoza (SVP of Ayala Land, Inc.,), Prof. Cielito Habito (former Secretary General, NEDA), Hon. Dennis Miralles (Director, Domestic Mkt'g. Dept. DTI) and Hon. Manuel Villar (represented by Atty. Gilbert Remulla).

According to Rex Mendoza, 'the real estate boom is just starting!' He stated that 2004 to 2007 displays the classic "Early Cycle" Symptoms - meaning the real estate industry boom is just beginning to show. One sign is that the 'loans to GDP this year is only 27% as compared to 59% in 1997 when our country experienced an economic crisis. Another sign is that nowadays, bank LOANS are so attractive --- low rates fixed up to 20 years. According to Mr. Mendoza, we are very far from the 1997 situation. The credit environment is still strong. Furthermore, OFW deployment and remittance is still high. He further sees that 2008 to 2010 will be stable. He also said that investing in real estate for the long term is one of the best investments one can make. As a proof, he showed us that the price per square meter of all Ayala Land properties appreciated at an average of 18% compounded annually since 1962.

Meanwhile, according to Prof. Cielito Habito, the real estate sector and finance sector continue to lead which means that both sectors are experiencing positive growth. To quote, he said "real estate continues to be zooming". This is mainly because of these three factors:

1) the 'UNMET NEED' (millions of housing units backlog) for housing by Filipinos,
2) strong demand for office spaces of BPO's and
3) the increasing 'purchasing power' of our people specially the OFW's.
As a final note he said 'the real estate industry is defying the overall trend in the economy'.

According to Dir. Dennis Miralles of the Bureau of Trade and Industry, the biggest growth in mass housing projects happened last 2007, with more than 200% increase compared to 2006. Good news is that as of this time, the mass housing sector has already reached their target for this year.

Now that's good news for us all. :)

Happy selling!

Turn-over Dates

In order to serve as a guide for those who would like to sell our projects, here are our pre-selling projects and their corresponding turn-over dates.

OTIS (cluster C) Sept 2008
Woodsville Viverde Mansions 1 .................Dec 2008
Woodsville Viverde Mansions 2 .................Aug 2008
Woodsville Viverde Mansions 3 .................Mar 2009
Woodsville Viverde Mansions 4 .................Sept 2009
Woodsville Viverde Mansions 5 .................Apr 2010
Woodsville Viverde Mansions 6 .................Nov 2010
Two Adriatico Place .................................Dec 2008
Three Adriatico Place ..............................Apr 2010
East of Galleria ......................................May 2011
One Gateway Place ................................Dec 2007
Sonata Private Residences ......................Oct 2013
Gateway Garden Heights .........................Jan 2011
Gateway Garden Ridge ...........................Dec 2008
Fifth Avenue Place ..................................Dec 2008
McKinley Park Residences .......................Oct 2010
The Fort Residences ...............................Jan 2012
The Trion Towers ...................................June 2012
Amisa 1 ................................................Dec 2010
Amisa 2 ................................................Sept 2012