17/07/2025
A real estate developer is a company that plans, builds, and develops real estate projects such as subdivisions, condominiums, or commercial buildings. Developers typically have their own in-house sales teams and sell only their own projects.
In contrast, a realty company is a real estate brokerage that focuses on marketing and selling properties. Realty companies may be accredited by multiple developers, allowing them to sell various projects from different developers.
⚠️ How can you verify if the project you want to buy from a developer has a License to Sell, or if the realty company is registered with DHSUD?
🏗 To verify whether a real estate developer holds a valid License to Sell, you may check the specific project listed under the developer on the official website of the Department of Human Settlements and Urban Development (DHSUD):
https://dhsud.gov.ph/list-of-license-to-sell/
🚪 To confirm the legitimacy of a realty company, you may also check if it is registered under DHSUD by selecting the “Firm” tab on this page:
https://dhsud.gov.ph/broker-agent/list-of-brokers-salespersons/
🔑 TIP #2:
Real estate developers build and sell their own projects, while realty companies help sell projects from different developers. Both have important roles in real estate.
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Stay tuned for Tip #3, where I will discuss what DHSUD is and its role in the real estate industry.