The Real Estate sector welcomed a new batch of Real Estate Service Professionals (RESP) last Friday, May 3, 2013 when hundreds of new RESPs took their oath before the Professional Regulatory Board on Real Estate Service.

Former Senator, Jun Magsaysay was supposed to be the guest speaker but was unable to attend due to election campaign commitments in which he is running for a Senate post again. His sister represented him, telling the crowd that the Senatoriable wanted very much to attend because given the positive turn of our economy; he knows that the profession of RESPs is among those of great importance as the nation continues to build on its strength and work to bring the benefits of progress and development to the great masses of the Filipinos.

The Board Members of Professional Regulatory Board - Real Estate Service poses for photo with PRC Chairperson, Teresita Manzala and Jun Magsaysay's sister, Mila Magsaysay-Valenzuela.

The Board Members of Professional Regulatory Board – Real Estate Service poses for photo with PRC Chairperson, Teresita Manzala and Jun Magsaysay’s sister, Mila Magsaysay-Valenzuela.

Here’s the excerpt from the speech of Jun Magsaysay:

A robust Philippine economy should be a good news to all of you who will be going on the real estate business. Owning a home is a dream we all cherish. And a healthy economy will mean more jobs and more financial stability for Filipinos, hence more prospective clients for you and a healthier real estate industry.

A booming real estate industry will be able to make a more significant in boosting the Philippine economy. Clearly, it will be a mutually beneficial situation for everyone.

But as you venture into what promises to be a very profitable endeavor, I hope you will allow yourselves to be constantly guided by your own Professional Code of Conduct and keep in mind that you will not be judged merely on the basis of how much money you make but on the kind of person that you become.

Virtues like honesty, industry and concern for others have not gone out of style. They have been simply ignored by people who think success will blind people to the sins they committed to get to the top.

While the buoyant economy provides you the opportunities to achieve financial success, remember that what government aims to primarily in its drive for progress is to make life better for most, if not all, Filipinos , not just a privileged few.

Just as you have opportunity to contribute to national development, you also have the capability to advance our national goal of a better and more comfortable life for the Filipinos.

So as you go out to the real world to practice your profession, please remember to temper your ambition with compassion and your drive to succeed with concern for other Filipinos. Enjoy the financial rewards that success brings but spare a thought for the less fortunate. As Christ himself said, “For what shall it profit a man, if he shall gain the whole world, and lose his own soul?”

Such an inspiring word for a man of integrity and of compassion. We salute Mr. Magsaysay on his speech.

Magsaysay’s written speech clearly shows his sense of compassion for the common “tao” in which he inherited from his parents, former Philippine President Ramon Magsaysay and Luz Banson-Magsaysay. As we all know, the late President Ramon Magsaysay was well-loved among the Filipino masa.

During his term, he made Malacañang literally a “house of the people”, opening its gates to the public. One example of his integrity followed a demonstration flight aboard a new plane belonging to the Philippine Air Force: President Magsaysay asked what the operating costs per hour were for that type of aircraft, and then wrote a personal check to the PAF, covering the cost of his flight. In history, he is the first Philippine president to wear a barong tagalog in his inauguration. He brought back the people’s trust in the military and in the government.

The late former Philippine President, Ramon Magsaysay and son, Jun Magsaysay.

The late former Philippine President, Ramon Magsaysay and son, Jun Magsaysay.

His administration was considered one of the cleanest and most corruption-free; his presidency was cited as the Philippines’ Golden Years. Trade and industry flourished, the Philippine military was at its prime, and the Filipino people were given international recognition in sports, culture and foreign affairs. The Philippines ranked second in Asia’s clean and well-governed countries.

Upon his father’s death in a plane crash, Jun Magsaysay assumed greater responsibilities that enabled him to recognize the value of perseverance and hardwork.

Putting his father’s slogan, “Those who have less in life should be more in law”, in his heart to implement genuine public service, Jun believes that it has to be oriented towards bravely fighting for people’s right to achieve humane and moral leadership.

He has shown interest in pursuing issues that manifest his sense of concern for the greatest number of people and strong belief for moral principles. The same can be gleaned in the laws he authored in the Senate projects and programs initiated and his public advocacies.

Jun and Mr. Ramon Cuervo, an RESP, both share the same in common. Both are innovators and pioneers, and sons of great men too with Mr. Cuervo as the son of Mr. Ramon Cuervo Jr., a pioneer in the real estate industry in the Philippines.

The father and son tandem in real estate appraisal and valuing together with their real estate appraisers at Cuervo Appraisers Inc.

The father and son tandem in real estate appraisal and valuing together with their real estate appraisers at Cuervo Appraisers Inc.

Ramon C.F. Cuervo III is a third generation real estate service practitioner, being the grandson of the late Federico “Pipo” Calero, Jr. and son of the late Ramon Cuervo, Jr., both considered as pillars of the real estate profession in the Philippines. Following the great legacy of his forefathers, Realtor Cuervo is bound to create his own legacy as he passionately keeps on working towards the fortification of Professionalism and Competence in the real estate service profession. He is popularly known for his creative concepts in marketing and different unique approach as consultant, coach and mentor.

Commissioner Cuervo has made a difference as an institutional builder. He is the Founder and Chairman Emeritus of Cuervo Appraisers Inc.; Chairman of Cuervo Valuers and Advisory Council, Inc.; Chief Finance Officer, Board Member, and Co-Founder of Clinica Manila; Independent Director of Philippine Reality and Holdings Corporation (Philrealty), immediate Past President of PAREB-Manila Board of Realtors Inc.; consultant and adviser of different property owners and investors. He is also a sought after resource and inspirational speaker on issues and concerns which are not only limited on Real Estate Industry.

His father, Ramon Cuervo Jr., was a founding father of the ASEAN Valuers and Appraisers. He was also the one responsible in having the Philippines recognized in the prestigious international organization based in Europe known as Federacion International of Real Estate Associations (FIABCI). He was also known to be the first in global marketing and forming international alliances and partnerships.

He was also one of the founders of the Philippine Real Estate Board, the father of condominium concept in the Philippines and packaged the first condominium project, and started the first Time Share project.

It was during his visit to California, USA and Madrid, Spain that he learned the condominium concept of real estate holding and he applied it in the country by, with the help of his friends in Congress, drafting the condominium law otherwise known as RA 4726 which was approved in June 1968.

Like the younger Cuervo, Jun has a sense of compassion and a heart for persons with disabilities (PWD). He is a staunch supporter of International Abilympians and believing in the capabilities of PWDs. He fully supports the Pilipinos with Disabilities partylist because he believes that PWDs, the most marginalized and underrepresented sector, should have a voice in Congress as his father said that “Those who have less in life should be more in law.”

For Mr. Cuervo, he has been active in the PWD advocacy. He is the Treasurer of the PWD partylist. As a Realtor, he promotes PWD accessibility, especially the Universal Design and other accessibility laws to his colleagues in the real estate industry.

*With sources from Wikipedia and Philippine Daily Inquirer

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