IAR Takes Another Step into Global Realm

On behalf of Illinois Association of REALTORS® President Jim Kinney, IAR Global Working Group Staff Liaison Sharon Gorrell, participated in the June 26 ceremonial signing of a memorandum of understanding between IAR and La Asociacion Mexicana de Profesionales Inmobiliarios (AMPI) at the 2015 AMPI International Summit in Nuevo Vallerta, Jalisco, Mexico. Representing AMPI was National President Antonio Hanna Grayeb and President-Elect Gustavo Solares Campos.

The memorandum recognizes the strategic importance of Mexico and Illinois and the value of sharing information on education, marketing and real estate best practices with our REALTOR® colleagues in Mexico.

AMPI is currently working throughout their states on establishing license laws in each area while also considering a nationwide license structure.

The Mainstreet Organization of REALTORS® (MORe) was also present to sign a similar commitment. Mainstreet Global Council Chair, Marsha Collins-Mroz signed on behalf of MORe.

National Association of REALTORS® (NAR) Vice President Mike Ford, and President’s Liaison to Mexico, Richard Miranda were also present for the signing.

DCEO touts work selling Illinois as place to live, invest

Illinois has much to offer the world.

The challenge for the state is to make sure that the world knows more about Illinois, said Erik Brejla, head of strategic partnerships, Illinois Department of Commerce and Economic Opportunity.
Brejla spoke to the IAR Global Task Force at the June Business Meetings in Springfield on June 16, 2015.

The department recently studied the state’s approach to trade and investment promotion. The results were startling, he said.

“It was very ad hoc,” he said of the strategy. “It really seemed like a huge loss of opportunity.”

The state surveyed foreign representatives in the state, and found many misconceptions. Respondents said challenges included high taxes, a weak university system and a lack of talent.

For DCEO, the challenge is to tell the story that highlights the state’s strengths that make it attractive and competitive.

“The good news is that there is a lot to sell,” he said.
Among Illinois’ attributes:

  • A highly skilled workforce
  • Investor-friendly environment
  • Strategic location and infrastructure.
  • Diverse and growing economy.
  • Successful multinational corporations already operate there.

Build Your Confidence to Serve the Global Market

Jump Start Your CIPS Designation!

The Illinois Association of REALTORS® is partnering with Mainstreet Organization of REALTORS® to offer the first course of the Certified International Property Specialist (CIPS) Designation series – Global Real Estate: Local Markets (6 hours CE Elective, RB7005-564001070). Don’t miss it!

Global real estate is a growing specialty. This introductory course offers you an overview of the international real estate business environment, including capital flow, currencies, government regulations and cultures. Topics include international brokerage, networking, marketing and selling.

This course is a pre-requisite for all other CIPS courses. Upon completion of this course, you will receive elective credit towards the ABR and CRS designation (U.S. members only). By completing this course in a classroom setting, you will have the opportunity to network and be a part of the elite group of individuals who are on board to jump start their CIPS designation process. Once you have completed this course, go online to complete the remaining courses: www.realtor.org/designations-and-certifications.

IAR’s Kinney plays role in AREAA Global + Luxury Summit

IAR President Jim Kinney attended the 2015 Asian Real Estate Association of America’s Global & Luxury Summit and shared his own expertise through in a panel discussion.

The AREAA event began Sunday and continues through tomorrow at Trump International Towers in Chicago. The summit features 100 world-class speakers, including Donald Trump Jr., 24 education sessions and seven networking events.

IAR uses 4 days and countless ways to improve your global reach

(l to r) Dan Wagner, Jim Kinney and Gary Clayton

IAR representatives who visited the MIPIM conference in Cannes, France the last four days made sure prospective real estate customers recognized the value of Illinois real estate for their personal and business interests.

Leading the IAR contingent were (l to r) Chicago Association of REALTORS® President-Elect Dan Wagner, IAR President Jim Kinney and IAR Chief Executive Officer Gary Clayton. The National Association of REALTORS® also blogged about the event.

MIPIM bills itself as the “world’s leading real estate investment trade show,” bringing together the “most influential property players” and offering “unrivalled access to the greatest number of development projects in all asset classes and sources of capital worldwide.”  From March 10-13, about 21,000 participants were expected to attend and 2,200 companies were scheduled to exhibit. The show was expected to draw 4,500 investors, 3,200 chief executive officers and chairmen, 370 politicians and more than 400 journalists. See the 2015 MIPIM brochure.

Last year, people and businesses from five continents attended MIPIM, including more than 90 countries such as: the United States, Russia, the United Kingdom, Ireland, Germany and Austria.