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The 2020 ABoR Global Week events were packed with learning and networking opportunities featuring perspectives from around the globe. Check out the recap below.
2020 Global Week Schedule
CROSS-BORDER COOPERATION: BRIDGING THE GAP BETWEEN CENTRAL TEXAS & CANADA
The ABoR Global Advisory Group is thrilled to announce that on June 4, 2020, the Austin Board of REALTORS® and The Canadian Real Estate Association came together to sign a Memorandum of Understanding between our two associations.
Representatives from The Canadian Real Estate Association and Austin Board of REALTORS® included:
- Michael Bourque, CEO, CREA
- Costa Poulopoulos, Chair (ABoR President counterpart), CREA
- Pauline Aunger, Chair of Global Committee, CREA
- Marc Lafrance, Director of Product Management and Member Services, CREA
- Sharon von Schoenberg, Product Manager Global Services, CREA
- Emily Chenevert, CEO, ABoR
- Romeo Manzanilla, 2020 President, ABoR
- Bill Boyd, Global Advisory Chair, ABoR
- Christine Wren, Global Liaison and Special Programs Lead, ABoR
The value that international collaboration brings to our local marketplace cannot be overstated. According to a 2019 NAR survey, three percent of the $8 billion spent by Canadians south of the border was in Texas (or $240,000,000 million).
Similarly, CREA's research on international activity concludes that over 12 percent of Canadian real estate buyers are from Texas, further demonstrating the importance of our relationship. This unique partnership will undoubtedly help REALTORS® in Canada and in Texas grow their cross-border referrals. Now that's something to get excited about!
Day One: Are You Canadian Cross-Border Ready?
Canada continues to take the top spot for inbound countries relocating to the Central Texas region. Pauline Aunger, Chair, Global Committee, and Sharon von Schoenberg, Product Manager, Global Services, from The Canadian Real Estate Association (CREA) provided an overview of the Canadian market in 2019, and what lies ahead for 2020.
Day Two: Investing South of the Border
We heard from Carla Rayman, NAR Global Coordinator to North America, Central America, & Caribbean, on how to get involved at the highest level of NAR global leadership, along with lessons she has learned over her career while working with clients in resort markets. Richard Miranda, NAR Global Ambassador, El Salvador, Guatemala, Mexico, Honduras; and the benefits of joining the Asociación Mexicana de Profesionales Inmobiliarios (AMPI-Mexican Association of Real Estate Professionals) if you are interested in building a referral business with real estate professionals from Mexico. Find the application to join AMPI here. We heard from Ed Eakin, ABoR Global Ambassador, Central America about the Belize real estate market.
Day Three: Property Market in Ireland
Texas and Ireland have a long history of working together. Claire McCarthy, Consulate General of Ireland, discussed commercial partnerships that exist between Texas and Ireland, as well as opportunities for Americans to work more tightly with Irish companies. Marian Finnegan will share her years of experience as the Chief Economist and Director of Research of Sherry FitzGerald Residential & Advisory. She shared what’s driving Ireland’s real estate markets, and the purview looking out to the international markets from Ireland’s point of view.
Day Four: Global Locally: Austin's Local Tech & Innovation Ecosystem
We heard from Leigh Christie, Austin Chamber’s Senior Vice President, Global Tech & Innovation, and Abdallah Mahmoud, Emerging Markets Program Specialist, City of Austin's Economic Development Department about where the Chamber and the City of Austin are headed globally and what technologies, companies, and countries each organization is focusing on to build a broader impact and bring more partnerships and investment to Central Texas.
Day Five: Tap Into Your 10%: Building a New Global Revenue Stream
We heard from Michael Cobb, Chairmen & CEO at ECI Development working in Belize, Costa Rica, Panama, Ecuador, Nicaragua, Chile, and Argentina. He shared how to identify the 10% of people in your database who are interested in living overseas. Globally, more folks are entering retirement and realizing they haven’t saved enough, or they want to experience the world by living abroad. Michael provided our members with a Global Consumer Resource Guide and a sample Belize Handbook that can be used with your clients.
International Open House & Networking Hour
We heard about several dynamic projects around the world from Ukraine, Panama, Mexico, Belize, and Nicaragua. Are you interested in introducing and networking with international real estate markets, developers, and distinctive properties worldwide?
Stay tuned for the next International Open House and Network Hour event. Coming Soon!
About ABoR Global
ABoR Global strives to broaden our multicultural relationships, support economic development efforts, and showcase our incredibly diverse and culturally rich Central Texas region. We do this by offering a continually expanding suite of global programming, education, and tools that strengthen our members' global businesses and help them maintain a competitive edge.
In addition to an annual CIPS Institute, AHWD, and a dynamic Global LIVE series featuring topics from agents working abroad to legal and taxation issues unique to the global buyer, we have instituted an ABoR Global Ambassador Program to better serve our members. Learn more at ABoR.com/Global.
Questions? Email Christine Wren at firstname.lastname@example.org.