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NAR and CREBA sign global realtor linkage

Manila Bulletin
February 3, 2011, 2:20am

The National Association of Realtors (NAR) and Chamber of Real Estate and Builders’ Association Inc. (CREBA)

MANILA, Philippines – The National Association of Realtors (NAR) recently signed an agreement with the Chamber of Real Estate and Builders’ Association Inc. (CREBA) designating the Chamber as its official cooperating association in the Philippines. The NAR is considered the "voice for real estate" representing over 1.1 million members in the United States as well as in 60 countries across the globe. The agreement with CREBA aims to create unity among those in the profession and at the same time obtain maximum benefits from global industry partners.

The signing was held Jan. 27 on the occasion of CREBA’s first monthly business meeting and the 38th induction ceremonies. Present at the signing ceremony were NAR Director for Global Alliances Jeff Hornberger, CIPS, RCE; CREBA national president Charlie A. V. Gorayeb, CREBA chairman of the board Pedro C. Tario and NAR presidential liaison to the Philippines Asuncion "Shonee" Henry as signatories. Vice President Jejomar C. Binay, chairman of the Housing and Urban Development Coordinating Council (HUDCC), witnessed the signing.

International Realtor members enjoy exclusive use of the globally-accepted ‘REALTOR’ trademark and logo, access to the largest online real estate library in the world, a searchable international broker directory and other tools proven to leverage real estate professionals in international business, among others.

RThe NAR-CREBA cooperation shall exist to promote strict adherence to regulations and guidelines to uplift the standards of practitioners in the Philippines to make them globally competitive and at par with their counterparts in the international real estate community.

In his speech, Hornberger expressed the NAR’s support to CREBA and added that the creation of a committee to address the objectives of the partnership is a promising step to long-term mutual benefits. As NAR enters a new age after a century in existence, it aims to expand its coverage by being the umbrella organization of professionals engaged in real estate practice. This framework positions CREBA well as NAR’s affiliate association in the Philippines.

Under the guidance of CREBA VP for Internal Affairs Julius G. Topacio, members of the affiliation committee include Evangeline A. Yia, chairman; Domingo D. de Vera, co-chairman; and Dr. Mary Gaw So, Josephine Cortez and Daniel dela Cruz, members.

Membership to NAR may be applied through CREBA and is open not only to all licensed real estate practitioners, but affiliate businesses as well.

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