Filipinos living overseas and Foreigners wanting to invest in the Philippines are abundant and the internet quickly became the sales medium of choice. 

This led to the creation of numerous local websites catering to just about anyone who has enough internet skills to register and account and post a property ads without any credence to real estate skill or license to speak of.

As a result, a great many investments where lost due mainly to unsupervised deals conducted by good meaning individuals who simply wanted to cash in on the country’s real-estate windfall but lack the training to ensure these deals went smoothly.

And on one side were the unscrupulous individuals whose only intention is to earn a fast buck at other peoples expense. These individuals turn websites into their own private hunting grounds. Luring in unwary investors with their good to be true property Ads posted on anonymous websites who on the other hand, do not care one way or the other who was selling what for as long as the internet traffic was being generated.

Soon, horror stories brought about these types of transactions where fast becoming a common thing and the threat they post to honest hard working real-estate  Professionals and to the investing public is undeniably real and a serious cause for alarm.

The the need for more secure, reliable real-estate transactions over the internet led to the birth of Phil-estate.com.