1 ICREA and Worldproperties.com & Hungary 15th December 2010 Budapest
ICREA Member Countries December2010 Argentina Belize Brazil Canada Costa Rica Czech Republic China Denmark Dominican Republic Egypt El Salvador Finland France Germany Greece Guatemala Honduras Hungary India Ireland Italy Jordan Latvia Mexico Netherlands New Zealand Nicaragua Norway Paraguay Peru Poland Portugal Russia Saudi Arabia South Africa Spain Sweden Thailand Turkey Ukraine United Arab Emirates United Kingdom United States 47 associations in 44 countries on five continents 2 million++ agents/brokers 3 million++ property listings worldwide
ICREA potential Member Countries Outlook 2011 Austria Bulgaria Cyprus Ecuador Georgia Japan Korea Uruguay Lithuania Malaysia Malta Philippines Rumania Switzerland Turks & Caicos Vietnam 65 member associations in 61 countries on five continents 2 million agents/brokers 3 million property listings worldwide $ 70 billion of GDP
WHY ICREA? Globalization & the Internet Internet has broadened the market Internet actively engaged consumers in the international property market. Internet made international market accessible to millions of consumers and local agents Industry related commerce and online segment is a significant source of revenue banks, publishers and others are competitors on international market Recognized need for organized professionals to come together Protected environment to make and receive referrals Business done based on common standards
WHAT DOES ICREA DO? 1.Provide business tools to agents/brokers to facilitate international transactions and referrals 2.Education 3.Representation/lobby >> Position ICREA agents/brokers at home and abroad.
ADVOCATE/LOBBY INTERESTS Represent the global real estate industry in world wide affairs: FATF (Financial Action Task Force) Anti Money Laundering Counter Terrorist Financing Individual compelling cases Venezuela > defense of property rights Data ownership crawling internet data
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PROPERTY SEARCH Worldproperties.com
PROPERTY SEARCH MA WEBSITES - UK
PROPERTY SEARCH MA WEBSITES
More Tools Information: real estate business practices in ICREA-member countries foreign ownership restrictions by country agency relationships, services provided, and how agents are paid Industry news from around the globe Industry meetings and events calendar Association Information Exchange Links: Links to locating properties Links to professionals and aggregated member roster Links to economic information for each country
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22 Find a professional
Search
TRC SEARCH ON REALTOR WEBSITES
28 Country Information
ICREA Member Association
32 Transnational Referral & Property Exchange Platform
TRANSNATIONAL REFERRAL CERTIFICATION Make and receive cross-border referrals Arbitration service to ensure contract compliance Legally binding agreements >> collaborating broker is a member of an ICREA-member association that has ALSO signed the Protocol Direct relationship between brokers; no commissions for ICREA Transnational Referral Certification (“TRC”)--Online and off line certification course for agents/brokers to learn about doing transnational referrals Searchable database of TRC brokers/agents
34 Transnational Referral Platform & World Listing Exchange Application Provide technology and services to: Efficiently and profitably facilitate transnational business between members Assist members in marketing to buyers outside of their home countries
Enter property info in your own language
If you have a non-exclusive property for sale you can mark it as Private MY PAGE WORLD PROPERTIES. com
Each listing can be shared with all members, within your personal network, or not at all
Properties are geo-coded and mapped. Private listings are coded to the city center.
Search listings worldwide in one consistent format; Regions/cities auto-populate WP
Agents see more listing information, links to property details
Listings automatically translated and displayed in 10 languages with 1 click (not machine translations) English French Spanish Portuguese Italian German Russian Japanese Korean Chinese (traditional) Chinese (simplified) Dutch Vietnamese Hebrew Turkish Hindi Other languages will be added soon
48 Referral Platform: from Introduction to Success Referral Platform: from Introduction to Success 1.Agent Profile 2.Find Referral Partners 3.Build a Personal Referral Network 4.Communicate with Network 5.Obtain Documents 6.Track Referrals
Agents are easy to find, connect with; profiles can be branded with designation logos Customized display settings for each agent: Language Currency Currency format Date format ft 2 or m 2 Find agents by: Location Language Specialty Affiliation Designation
50 Agents can build a personal network; Can send and track referrals
Referral forms are easily accessible, can be ed or printed
Referrals can be sent easily from the agent’s network pages
Referrals are simple to track through the agent’s network pages Go to forms page
Welcome Anson James Anson James
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Maria *****
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64 offers platform for international listings exchange and referrals for agents/brokers on the global market Worldproperties.com