International Council of Real Estate Associations (ICREA) Fact Sheet

 

What is ICREA?

ICREA is an alliance of national real estate associations around in the world representing more than 2 million real estate professionals worldwide, and $25 trillion of GDP.  It is the only organization of its kind.  The organization has dedicated itself to the international promotion of its members’ businesses and has had great success in building a partnership that is improving in the way we transact business across national borders.  ICREA members include national real estate associations in Argentina, Australia, Brazil, Canada, Costa Rica, Czech Republic, Denmark, Finland, France, Greece, Ireland, India, Italy, Mexico, Netherlands, New Zealand, Norway, Panama, Poland, Portugal, Russia, Spain, Sweden, and the United Kingdom, United States. 

Through a protocol signed by all the associations, its members can serve their clients on their needs of properties abroad, through a Transnational Referral System that allows partnering with members of other countries and assuring that their client is being served with professionalism and within the code of conduct of the local association.

Value to Consumers:

·        One-stop shopping for International specialty and distinctive properties

·        Search feature for “Find a Professional”

·        Confidence in dealing with a member of a professional association who abides by a code of ethics

·        Information to help understand foreign markets and industry practices

 

Value to Brokers:

·        Tools for participating in cross-border transactions

·        Highlights specialty properties

·        Links to global real estate information

·        Industry news

·        Access to international properties and professionals from around the world

 

 

 

ICREA’s Purpose and Objectives

Investment in foreign real estate accounts for a significant and growing portion of the global economy.   Despite this, a very small percentage of real estate professionals have participated in a transnational real estate transaction.  ICREA was formed to help brokers cross those international borders along with the buyers and sellers, and also to stay in the middle of international real estate transactions to better serve their clients.  ICREA helps brokers do business easily in a growing international marketplace. 

 

 

ICREA Web Site

The ICREA Web Site, www.WorldProperties.com, provides information and resources for its members and consumers, and links to 3 million properties listings (residential, commercial and new developments) from around the world—the largest international property site in the world. 

 

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