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Las Vegas Success

Thursday, April 24, 2014   (0 Comments)
Posted by: FIABCI-USA HQ
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FIABCI-USA members gathered in Las Vegas for a Business Development Conference and Annual Meeting. The events focused on the continued flow of real estate investment capital into the U.S. Residential and commercial brokers, relocation experts, development consultants and luxury property specialists met to capitalize on this trend and implement programs to help U.S. communities attract international buyers. The core group also discussed how to advise and protect clients who invest overseas.  

China was the focus as real estate investment from China has increased significantly over the last years. FIABCI members were able to meet Mr. Shu Wu who represented 53 Chinese real estate professionals who recently joined FIABCI-USA to establish cooperative relationships with local partners. With Canada recently closing its China investor VISA program, the rate of real estate investment from China to the U.S. is expected to increase significantly. Discussions revolved around how to educate the Chinese on the U.S. buying process and establish standard practices for contracts, money transfers and closing deals. The FIABCI-USA Board agreed to immediately conduct a Trade Mission to China in early July.

The highlight of the events was the Annual Celebration Dinner where the Presidency of Bonnie Carris from Gig Harbor, WA was toasted and Edward Alford of South Hadley, MA was installed as the new FIABCI-USA President. In addition Elizabeth Davidson of Bellevue, WA; Joanne Douds of South Orange, NJ; BillEndsley of Chicago and Mai Lan Trinh of Houston were awarded Presidential Medals of Honor. Also the Jack Sharp Memorial Membership Award was presented to Lance Fulford of San Francisco. The events were sponsored by Foxworth Realty and the National Association of Realtors