Frequently Asked Questions
Find answers about property inquiries, viewings, buying, selling, and leasing in the Philippines.
38 questions · 8 categories
About Sison Real Estate and Broker Experience
What is Sison Real Estate?
Sison Real Estate is a real estate website where buyers, sellers, landlords, and tenants can explore property opportunities and inquire about real estate services. Visit https://sisonrealestate.com/ to browse available properties and contact the team.
Browse available propertiesWhat types of properties does Sison Real Estate offer?
Sison Real Estate features property opportunities such as condominiums, houses and lots, warehouses, commercial properties, and land for sale or lease, depending on current listings.
Browse available propertiesHow experienced is the principal broker at Sison Real Estate?
Visitors can learn about the broker and the business on our About Us page. Contact Sison Real Estate to confirm the principal broker’s experience and professional credentials before proceeding.
About UsWhy should I work with a real estate broker?
A qualified real estate broker can help coordinate property inquiries, arrange viewings, communicate offers, facilitate negotiations, and guide clients through transaction requirements. Confirm the professional's credentials, agreed services and responsibilities before proceeding.
How can I verify a real estate broker's credentials in the Philippines?
Ask for the broker's full name and Professional Regulation Commission (PRC) license details, then verify them through the appropriate official PRC channels. Confirm that the professional's credentials are appropriate for the services being offered.
How can I contact Sison Real Estate?
Visit https://sisonrealestate.com and use the Contact Us page or submit an inquiry on a property listing. You may also contact the business through its official social media channels.
Contact UsBuying a Property
How do I find a condo for sale in Manila?
Browse available condominium listings and compare location, price, floor area, amenities, association dues, and accessibility. Before purchasing, verify the property's ownership documents, condition, and applicable fees.
What should I check before buying a house and lot?
Check the property's title and ownership, boundaries, condition, access, applicable taxes and fees, and any restrictions or encumbrances. Have relevant documents reviewed by qualified professionals before completing the purchase.
House & lot listingsWhat documents should I check before buying a property in the Philippines?
Depending on the transaction, relevant documents may include the Transfer Certificate of Title (TCT), Condominium Certificate of Title (CCT), tax declaration, tax clearances, identification documents, and other transaction-specific records. Verify the documents with the appropriate authorities or qualified professionals.
Is buying a condominium a good investment?
It depends on the purchase price, location, rental demand, ongoing expenses, financing costs, and your investment goals. Evaluate realistic potential income and total ownership costs instead of relying on guaranteed appreciation or returns.
What additional costs should I consider when buying a property?
Depending on the transaction, additional costs may include taxes, transfer and registration fees, legal or professional fees, financing costs, association dues, insurance, and maintenance. Ask for a written breakdown of applicable costs before committing.
Property Viewing and Inquiries
How can I schedule a property viewing with Sison Real Estate?
Contact Sison Real Estate through its website or available contact channels. Provide the property you're interested in, your preferred viewing date and time, and your contact details. Viewing arrangements are subject to confirmation and the property's availability.
Browse available propertiesCan I view a property before deciding to buy or lease it?
Yes. You can request a viewing before making a decision. The schedule must be coordinated with the property owner or authorized representative, and access is subject to approval and availability.
What information should I provide when requesting a property viewing?
Provide your name, contact number, email address, company name, and the property you're interested in, and your preferred viewing schedule. For warehouses and commercial properties, include your intended business use and required floor area when relevant.
Can I request a second viewing before making an offer?
You may request a second viewing, subject to the property's availability and the owner's approval. A follow-up visit can help you assess the property's condition, measurements, accessibility, and suitability.
What should I check during a property viewing?
Inspect the property's condition, layout, measurements, access, utilities, surrounding area, and any visible maintenance concerns. For commercial properties and warehouses, also check loading access, ceiling height, electrical capacity, permitted use, and other operational requirements. Verify important details before making an offer.
Intent to Buy and Letter of Intent
What is an Intent to Buy in real estate?
An Intent to Buy is an expression of a prospective buyer's interest in purchasing a property. It may outline the proposed price, payment terms, and other conditions. Its legal effect depends on the wording and circumstances.
What is a Letter of Intent (LOI) when buying a property?
A Letter of Intent is a document that outlines the proposed terms under which a buyer intends to purchase a property. It may identify the property, proposed price, payment arrangement, conditions, and target timeline before the parties proceed with more formal transaction documents.
Is a Letter of Intent required before buying a property?
Not always. Requirements depend on the seller, developer, property type, and transaction process. Some sellers request an LOI to document proposed terms, while other transactions proceed through a different process.
What information should be included in a Letter of Intent to Buy?
A typical LOI may include the buyer's name and contact details, property identification, proposed purchase price, payment terms, conditions, deadlines, validity period, and the parties' intentions regarding whether the document or any provisions are binding. Have the document reviewed when appropriate before signing.
What is the difference between an Intent to Buy and a Letter of Intent?
The terms are sometimes used interchangeably. An Intent to Buy describes a buyer's expression of interest, while a Letter of Intent is the written document used to communicate that interest and any proposed terms. The document's wording, not just its title, determines its potential legal effect.
Can I submit a Letter of Intent before viewing a property?
You may submit an expression of interest or proposed LOI before a viewing if the seller or authorized representative allows it. However, inspecting the property and verifying important details before committing to proposed terms is generally advisable.
Offers, Reservation Fees, and Purchase Process
What happens after I submit an offer to buy a property?
The seller or authorized representative reviews the proposed terms and may accept, reject, or negotiate them. If the parties reach an agreement, they can proceed with due diligence, appropriate transaction documents, and payment arrangements.
Does submitting a Letter of Intent mean the property is already mine?
No. Submitting an LOI does not automatically transfer ownership or guarantee that a property is reserved for you. The next steps depend on the seller's acceptance, the document's terms, and any subsequent agreements.
Do I need to pay a reservation fee to buy a property?
Some properties, particularly developer-sold units, may require a reservation fee. Other transactions follow different arrangements. Before paying, confirm the amount, payment recipient, receipt, refund conditions, reservation period, and applicable written terms.
Is a reservation fee refundable if I change my mind?
Refundability depends on the signed documents, transaction terms, and applicable law. Review the cancellation and refund provisions before paying and request written confirmation of the applicable conditions.
What happens after the seller accepts my offer?
The parties generally proceed with document verification, finalizing transaction terms, preparing the appropriate agreements, settling required payments and taxes, and arranging the transfer of ownership where applicable. The exact steps depend on the property and transaction.
Selling or Leasing a Property
Can Sison Real Estate help me sell or lease my property?
Property owners can contact Sison Real Estate to discuss marketing their property for sale or lease. Provide the property's location, size, asking price or rental rate, photos, and relevant details so the team can discuss the next steps.
Contact UsHow can I list my property with Sison Real Estate?
Contact Sison Real Estate through the website and provide the property's location, type, size, asking price or rental rate, photos, availability, and relevant details. The team can discuss the information needed to market the property.
Contact UsWhat information should I prepare before marketing my property?
Prepare the property location, floor or lot area, price, features, recent photos, availability, and relevant ownership or authorization documents. Accurate information helps prospective buyers and tenants evaluate the property.
How much commission does a real estate broker charge?
Commission arrangements vary depending on the property, transaction, services, and agreement with the client. Ask the broker for the proposed commission, what services it covers, when it becomes payable, and the agreed terms in writing. Do not assume a particular rate without confirming it.
Warehouse and Commercial Properties
Where can I find a warehouse for lease in the Philippines?
Browse available warehouse listings on https://sisonrealestate.com/. Compare location, floor area, rental rate, ceiling height, truck access, power supply, permitted use, and lease conditions.
What should I check before leasing a warehouse?
Check the usable area, access for delivery vehicles, ceiling height, loading arrangements, electrical capacity, fire and safety compliance, permitted use, rental charges, deposit, advance rent, and minimum lease period. Confirm the requirements and terms before signing.
How much does it cost to lease a warehouse?
Warehouse rental costs depend on location, size, building specifications, accessibility, and lease conditions. Confirm the current rental rate and whether VAT, association dues, utilities, and other charges are included or billed separately.
Can I lease a warehouse for my business operations?
Potentially, yes, provided the property's permitted use, zoning, building requirements, and lease conditions suit your business. Confirm these requirements with the appropriate parties before signing or paying a deposit.
Letter of Intent to Lease and Rental Process
What is a Letter of Intent to Lease?
A Letter of Intent to Lease is a document outlining a prospective tenant's proposed rental terms. It may include the property, intended use, proposed monthly rent, lease duration, deposit and advance payments, target start date, and other conditions.
Is a Letter of Intent to Lease a binding contract?
Not necessarily. Its legal effect depends on the wording, the parties' intentions, and applicable law. Some provisions may have legal consequences even when a document is described as an LOI. Have it reviewed before signing.
What happens after my Letter of Intent to Lease is accepted?
The owner or authorized representative may proceed with tenant screening, document verification, negotiation of final terms, and preparation of the lease agreement. Review the rental rate, deposits, advance payments, taxes and other charges, permitted use, lease duration, and termination conditions before signing.
