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What is a CIPS?
A Certified International Property Specialist (CIPS) is an
individual who has proven their expertise in international real
estate practice by completing CIPS program requirements. CIPS
designees are from Argentina, Australia, Austria, Bahamas,
Bahrain, Bermuda, Brazil, Bulgaria, Canada, China, Colombia,
Costa Rica, Czech Republic, Denmark, Germany, Ireland, Italy,
Jamaica, Korea, Mexico, the Netherlands, New Zealand,
Philippines, Poland, Romania, Russia, Singapore and the United
States. Several hundred more are currently working toward the
designation.
Consumers can benefit from the representation of real estate professionals who
have earned the CIPS designation. NAR International administers
the CIPS program and designation which focuses on ownership and
transaction principles of international real estate, including
specifics on real estate markets in Europe, the Americas and the
Asia/Pacific region. Topics covered in the CIPS classes also
include cultural diversity, market data, investment trends,
marketing strategies, currency issues and financing.
NAR studies show
that CIPS designees tend to be highly experienced both in real
estate and in dealing with clients from diverse cultures. For
example, 85 percent of CIPS designees have been working in real
estate more than 10 years; 35 percent have more than 20 years
experience. Over 30 percent of CIPS designees were either born
outside the US or are now based outside the US. CIPS designees
are increasingly relied upon by local community and business
organizations including Chambers of Commerce and boards of
REALTORS® as international business resources.
Contact Eduardo Penalva e-mail admin@costaricaland-forsale.com
Tel. (506) 786-5678
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