Estate agents partner with the US

The Association of Real Estate Agent (AREA) has become the newest entry into an international space - the US National Association of Realtors (NAR).

In a media release, AREA said the bilateral agreement signed on January 28, allowed TT to become the 74th country and the 12th market in which NAR now has a partner.

NAR already operates in various Latin American countries, with representation of about 1.4 million members

It said the partnership will build connections, share business opportunities, promote best practices, and promote a code of ethics that ensures trust, confidence and compliance in the industry.

AREA’s president Mark Edghill said, “This partnership is also intended to open up key avenues to attract direct foreign investment into Trinidad and Tobago as a vital contributor to our future economic growth, as it aligns with other initiatives such as those of InvesTT and ExporTT.”

He added that there were plans to further develop the organisation through educational programmes and procedures via internationally recognised qualifications and designations.

NAR’s president Charlie Oppler said the new partnership “solidifies our shared commitment to expanding international opportunities for realtors and advancing our industry around the globe.”

A seminar carded for Wednesday by AREA will address international best practice for the industry.