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HANDBOOK 2020 REVISED NOVEMBER 2020

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Page 1: BILL BOYD...to Think Globally, Act Locally, to expand upon our partnerships and connections we are cultivating with many cities, chambers, consulates, and strategic alliances. We continue

HANDBOOK2020

REV

ISED

NO

VEM

BER

202

0

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This year will be known for many things to many people around the world. Phrases like unprecedentedtimes, pivot, and zoom fatigue have all become part of our worldwide language. This global time-outgrounded many of us and, at the same time, provided a great opportunity to meet, collaborate, and learnfrom one another. In many cases, we have made and jump-started worldwide partnerships because of theinability to travel.

Building on the platinum success of 2019, the ABoR Global Advisory Group and ABoR Global Ambassadorscontinue to develop a robust suite of global programming, education, tools, and resources, and work toexpand our Global Business Alliance.

The ABoR Global Advisory Group collaborated with the staff to appoint 24 ABoR Global Ambassador's in2020, expanding from thirteen in 2019. For the first time, ABoR GBA partnered with the National Associationof REALTORS® to launch a Central Texas International Homebuyers Survey. This survey will produce ABoR'sinaugural 2020 Central Texas International Homebuyers Report due out at the end of the year.

In June, we kicked off the 2020 ABoR Global Week, announcing our first international Memorandum ofUnderstanding between the Austin Board of REALTORS® and The Canadian Real Estate Association (CREA),launching the week with a presentation from CREA. The value that international collaboration brings to ourlocal marketplace cannot be overstated.

The ABoR Global Advisory Group is also proud to announce that the Austin Board of REALTORS®, as part ofits global program through the National Association of REALTORS®, has been confirmed as the newAmbassador Association to Ireland. The cornerstone of this bilateral agreement is with the Institute ofProfessional Auctioneers & Valuers (IPAV). In forging this new partnership, ABoR Global staff will be workingclosely with NAR Global leadership.

Austin is being recognized worldwide as a marketplace for real investments. Our theme going into 2020 wasto Think Globally, Act Locally, to expand upon our partnerships and connections we are cultivating withmany cities, chambers, consulates, and strategic alliances. We continue to partner with our economicdevelopment organizations through Central Texas and beyond.

We are excited about our foundational work for our membership as a rising tide lifts all boats.

-Bill Boyd, Austin Board of REALTORS® 2020 Global Advisory Group Chair

FROM THE GLOBAL ADVISORYGROUP CHAIR

BILL BOYD

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WHY GLOBAL?

China ($11.5B)Canada ($9.5B)Mexico ($5.8B)

India ($5.4B)Columbia ($1.3B)

Top Five Foreign Buyer

Florida (22%)California (15%)

Texas (9%)New York (5%)

New Jersey (4%)

Top Five Destinations forForeign Purchasers

For agents wishing to develop or grow their international real estate business, ABoR Global Business Alliance (GBA)

is the place to start. We provide you with global programming, and networking events that dive into global real

estate trends, research, and resources. Join the ABoR GBA and globalize your business.

JOIN THE ABoR GLOBAL BUSINESS ALLIANCE

We help provide resources that enable you to offer higher value to your clients and live outside the U.S.

Learning and understanding habits in your clients' desired "new" home country, real estate norms, and cultural

insights.

Access to an international agent directory.

OUTBOUND INTERNATIONAL RESOURCES

We help you learn and understand buying habits in many countries outside the U.S., real estate norms, and

cultural insights.

We provide practical programs and education to help you better support your foreign-national clients to purchase

real estate in the U.S.

We continue to build partnerships and resources that will best support you and your international clients.

Join the Global Business Alliance to help you build a worldwide referral network comprising of elite international

professionals.

INBOUND INTERNATIONAL RESOURCES

Dollar volume of foreignbuyer residential purchasesduring April 2019–March2020 (5% decrease from$77.9 billion during April

2018–March 2019)

2020 Highlights*

$74 Billion

*NAR Profile of International Transactions in U.S. Residential Real Estate 2020

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MILESTONESSEPTEMBER 2019 - AUGUST 2020

JANUARY MARCHSEPTEMBER

2020 Global Lunch & Learnprogram–Navigating theImmigration Pathways to

Austin including three-partvideo series

AwardedEducation

Program of theYear Award for the 2019 Global Lunch& Learn Series by

the TexasRealtors®

Association

2020 ABoR GlobalAdvisory & ABoR

Global Ambassadorsexpansion from 13 to

25 volunteers

CIPSInstitute

JUNE

PandemicProgrammin

g Rework

Rescheduled from

live April event to

virtual June event.

Memorandum of

Understanding with

The Canadian Real

Estate Association

(CREA)

Global Liaisoninvitation to theAustin Chamber

ongoing International

LeadershipRoundtable

ABoR Global 2020launch meeting &AREAA program

Awarded NAR Global

AchievementPlatinum

Award

GLOBAL WEEK Day One: Are You Canadian

Cross-Border Ready?Day Two: Investing South of

the BorderDay Three: Property Market

in IrelandDay Four: Global Locally:

Austin's Local Tech &Innovation Ecosystem

Day Five: Tap Into Your 10%:Building a New Global

Revenue Stream

Global MarketIntroductions

with NARGlobal

Ambassadorsvideo series

ABoR's first-everInternational OpenHouse and Network

Hour launched to ravereviews with 100%

attendance

We partnered with NAR to launcha Central Texas International

Homebuyers Survey. The surveybegan May 18 and closed asthe 2020 ABoR Global Week

wrapped. This survey will be usedto produce ABoR's

inaugural 2020 Central TexasInternational Homebuyers Report

due out at the endof the year.

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A global business plan and programming calendar were developed for 2020. We will work to

expand the global programming to be a dynamic member offering and ultimately strengthen our

members' global businesses.

ABoR GLOBAL BUSINESS PLAN

ABoR Global Business Alliance will partner with the National Association of REALTORS® to launch a

Central Texas International Homebuyers Survey.  The survey will be held May/June 2020 and will be the

basis for ABoR's inaugural 2020 Central Texas International Homebuyers Report due out at the end of the

year.

#1 GLOBAL DATA — PARTNER WITH NARRESEARCH

CIPS INSTITUTE | Annually

The CIPS Institute is normally held the week leading up to the first weekend of the Austin City Limits Music Festival. The

2020 CIPS Institute has been rescheduled for 2021 and will be moved to ABoR On-Air Academy to provide the complete

CIPS Institute virtually over a series of months and will include the NAR At Home With Diversity elective.

#2 EDUCATION

THINK GLOBALLY, ACT LOCALLY

AT HOME WITH DIVERSITY | Annually

The At Home With Diversity (AHWD) course is a daylong class that addresses the topics of diversity, fair housing, and

business planning and development. After completing the course, REALTORS® are eligible to apply for the official AHWD

certification, which conveys a dynamic real estate professional with expertise that transcends cultural barriers. ABoR On-

Air Academy offered the AHWD Spring of 2020.

ABoR Global Career Education Recommendation

Designations > Certified International Property Specialist (CIPS), and NAR GREEN (GREEN)

Certifications > At Home With Diversity (AHWD), Resort and Second-Home Property Specialist (RSPS)

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GLOBAL WEEK > June 15 — June 18

Day One: Are You Canadian Cross-Border Ready?

Day Two: Investing South of the Border

Day Three: Property Market in Ireland

Day Four: Global Locally: Austin's Local Tech & Innovation Ecosystem

Day Five: Tap Into Your 10%: Building a New Global Revenue Stream

INTERNATIONAL OPEN HOUSE AND NETWORK HOUR

GLOBAL LUNCH & LEARN > Series

January 22 — ABoR Global Lunch & Learn > The Immigration Pathways to Austin

March 25 — ABoR Global Lunch & Learn > Global Cyber-security for Real Estate Agents (moved to virtual program)

April 29 — ABoR Global LIVE! > Dreamer Investing in the American Dream

August 12 — ABoR Global LIVE! > Cross-Border Cooperation: Central Texas & Canada

November 11 — ABoR Global LIVE! > Jumping Starting Your Global Business 2.0

#3 GLOBAL PROGRAMMING

GLOBAL BUSINESS PLAN

April 2020 – The Canadian Real Estate Association https://www.creaglobal.ca/ (Virtually June 2020)Fall/Winter 2020 – Asociación Mexicana de Profesionales Inmobiliarios AMPI

#5 MEMORANDUM OF UNDERSTANDING

Global Business Alliance Networking Events.

#4 GLOBAL NETWORKING

Work with local chambers inbound and potentially outbound trade missions.

#6 TRADE MISSION

‘ABoR Global’ was thecornerstone of our

'association' pivot in 2020which was really critical

for us.

- Emily Chenevert, CEO,Austin Board of

REALTORS®

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COMMUNICATIONS PLAN

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Expand Global Microsite Resources ABoR.com/Global

NAR International Central Texas Report

Visa Downloadable with video series

Update Global Handbook 2020·  

Welcome to Central Texas multi-purpose video

ScratchThat podcast

Minimum of two blog post/or local articles

#8 COMMUNICATIONS & MARKETING

Reach a 100% participation goal. Every Global Advisor, Global Ambassador completes: C2EX designation

https://www.nar.realtor/commitment-to-excellence

Encourage as many Global Business Alliance members to complete the designation as possible

#7 YEAR OF PROFESSIONALISM AT ABoR

Maintain Platinum Councils' Global Achievement Award status or better.

#9 NAR GLOBAL ACHIEVEMENT SUBMISSION

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2 0 2 0 G L O B A L A D V I S O R Y G R O U PChair > Bill BoydVice Chair > Gulay BozdagPast Chair > Bob KenneyGlobal Ambassador Commercial > Jefre OutlawGlobal Ambassador > Charles Clay

2 0 2 0 G L O B A L A M B A S S A D O R P O S I T I O N S Africa > Socar Chatmon-ThomasAsia, Pacific (excluding Korea) > Mary CreceliusAsia, Korea > Susie KangAsia, India > Dave KapurAsia, Israel > Mara MaconAsia, China > VacantAustralia, Commonwealth of Australia > Tari PilgreenCentral America, Panama & Dominican Republic > Inelda BrownCentral America (excluding Panama & DR) > Ed EakinEurope, Poland > Beata BurgesonEurope, Russia > Alina GibbsEurope, Nordics (Sweden, Norway, Denmark & Finland) > Laura JohanssonEurope, United Kingdom > Charlotte LipscombEurope, Spain > Régine NelsonEurope, Italy > Lara PavanelliEurope, Nordic Chair (Sweden, Norway, Denmark & Finland) > Laura JohanssonEurope, Portugal > Robin RhoadsEurope, France > Jillian RoseEurope, Germany > Matthais ThieleNorth America, Canada > Stacy BrunsonNorth America, Mexico > Memo VargasSouth America, Brazil > Charles ClaySouth America, South America > Gisell MerizaldeWestern Europe, Greece & Turkey > Gulay BozdagNational Association of Hispanic Real Estate Professionals® (NAHREP) > Inelda BrownAsian Real Estate Association (AREAA) > Christine ChauAustin Young Real Estate Professionals (AYREP) > Viktoriia Jones

JOIN, APPLY, LEADABoR Global's goal is tohave three ways for anagent to get involved:Joining the ABoR Globalnetwork, applying for aGlobal Ambassador role(think committee, butway better), andleading on the GlobalAdvisory Group.

You decide how much orlittle you want to beplugged into the ABoRglobal community andmarket.

2020 GLOBAL FRAMEWORK

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To promote global education, partnerships, and networking opportunities to help

members increase awareness, knowledge, and success in the global real estate

arena.

ABOR GLOBAL MISSION STATEMENT

The Global Advisory Group is made up of a Global Chair, Global Vice Chair, Global Past Chair, and two Global Ambassadors, totaling five Global

Advisory Group positions. Advisors may be ABoR members or affiliated professionals who have expertise in global real estate.

ABOR GLOBAL ADVISORY GROUP

If you are interested in applying for an ABoR Global Ambassador appointment, please fill out the application form included in the ABoR Global

Handbook or visit www.ABoR.com/Global to submit your application online. Volunteer Call is from September 15, 2020 - October 15, 2020.

ABoR GLOBAL MISSION

ABoR Global Ambassadors are appointed by the Global Advisory Group to serve as the liaison to their assigned country, consulate, chamber, or

entity. Appointees are generally CIPS designees and have some working knowledge of the countries' cultures and languages. Appointments are

made each year and run on a calendar year. The responsibilities of the Global Ambassador position are outlined in later in the Austin Board of

REALTORS® Global Handbook.

ABoR Global Ambassadors are appointed to each global entity annually by the ABoR Global Advisory Group. ABoR Global Ambassadors serve at the

discretion of the Global Advisory Group for a term of one year and may be reappointed. Global Ambassadors help develop and maintain ABoR's

essential relationships with foreign countries through their consulates, chambers, economic development organizations, or cities locally, where

appropriate.

ABOR GLOBAL AMBASSADOR OVERVIEW

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GLOBAL STRATEGIC PARTNERS

STRATEGIC PARTNERS PROGRAM

AREAA (Asian Real Estate Association of America)AAREB (Austin Association of Real Estate Brokers)AYREP (Austin Young Real Estate Professionals)NAGLREP (National Association of Gay and Lesbian Real Estate Professionals)NAHREP (National Association of Hispanic Real Estate Professionals)NARPM (National Association of Residential Property Managers)RRC (Residential Real Estate Council)WCR (Women’s Council of REALTORS®)

ABoR has actively increased member engagement through our Strategic Partners. We have entered into contractual agreementswith each organization to partner and serve in each other's initiatives. This increase in engagement includes supporting theirevents through our marketing, having a staff member attend monthly Board Meetings to provide ABoR updates, sharing classschedules and calls for action, and allowing the use our Member Event Center for their events. These partners include:

Consulates including Consulate General of Ireland, and Consulate General of MexicoChambers including Austin Chamber's Global Technology and Innovation divisionCity of Austin Global Business Expansion divisionCommercial Groups, including Central Texas Commercial Association of REALTORS® (CTCAR), Commercial Real EstateWomen (CREW Austin), and Certified Commercial Investment Member (CCIM)Colleges & UniversitiesAffiliate Members

ABoR Global will be working to develop additional strategic partnerships with:

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If you are interested in applying for

a Global Ambassador appointment,

please fill out the application form.

The application processes for the

2020 Chair and Vice Chair

positions and 2020 Volunteer

Group rosters will take place

September-October 2019.

FORGING GLOBAL PARTNERSHIPS

ABoR Global is proud to announce that the Austin Board of REALTORS®, as part of its global program through the National Association ofREALTORS®, has been confirmed as the new Ambassador Association to Ireland. The cornerstone of this bilateral agreement is with the Instituteof Professional Auctioneers & Valuers (IPAV).

In forging this new partnership, ABoR Global will be working closely with NAR Global leadership, including the 2020 NAR Global Ambassador toIreland and United Kingdom Jim Kinney (IL); NAR Global Coordinator to Western Europe Hanne Sagalowsky (TX); NAR Global staffmember Alejandro Escudero; the IPAV CEO Pat Davitt; as well as Education & Office Manager Genevieve McGuirk.

There are currently 105 Partner Associations in 85 countries worldwide, representing about seven million real estate professionals, and only fiveNAR Global Coordinators that oversee 24 NAR Global Ambassadors. The Austin Board of REALTORS® Global Business Alliance is one of over 130Global Business Councils in 28 states.

To learn more about ABoR's Ambassador Association partnership with Ireland, please reach out to Christine Wren, ABoR Global Liaison, SpecialPrograms Lead.

AMBASSADOR ASSOCIATION TO IRELAND

The Austin Board of REALTORS® has signed its first international Memorandum of Understanding (MOU) with The Canadian Real EstateAssociation. The MOU will act as a starting point for a vision of collaboration between the two organizations and its members. The agreement isin line with ABoR's Global Business Alliance mission to promote global education, partnerships, and networking opportunities to help membersincrease awareness, knowledge, and success in the international real estate arena. As the Central Texas region continues to attract domestic and international business investment opportunities, a growing number of individualsand families will require housing professionals who understand their unique needs. Canada continues to be one of the top inbound countriesrelocating to the Central Texas region, and this is a perfect opportunity to formalize this partnership. In establishing a mutual connection withCREA, the Austin Board of REALTORS® continues to open up the potential for endless collaboration opportunities for the region and growth for itscollective members.

MEMORANDUM OF UNDERSTANDING > CANADIAN REAL ESTATE ASSOCIATION

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2 0 2 1 A B O R G L O B A L A D V I S O R Y G R O U P A N D A B O R G L O B A L A M B A S S A D O R SSEPTEMBER 15, 2020Application registration opensOCTOBER 15, 2020Deadline for application submission NOVEMBER 2020    Appointment notifications are emailed to Global Advisory Group and Global Ambassadors. The new rosterwill be announced at the end of the year global event. Term begins January 1, 2021

2 0 2 1 N A R C O M M I T T E E S

MARCH 2020Committee Application website opens on March 1Members complete/update their Expertise ProfilesMembers submit a committee application for up to five (5) committees, and seek up to three (3)endorsementsMembers submit endorsements for applicantsMAY 2020 DEADLINECommittee Application closesSEPTEMBER 2020Appointment notifications are emailed to committee members; committee rosters are postedon nar.realtor/committees

2 0 2 1 T E X A S R E A L T O R S ® C O M M I T T E E S

APRIL 2020Online committee volunteer tool availableJUNE 2020Deadline for members to volunteer and local associations to make recommendations for all 2020 committeepositionsSEPTEMBER 2020All members are chosen by the Texas REALTORS® Leadership Team. Confirmation letters sent to volunteers JANUARY 1, 2021New one-year committee terms begin

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The Global Committee seeks to help

Texas REALTORS® understand global

real estate dynamics, recognize

opportunities involved in international

transactions, and encourage familiarity

with global residential and commercial

investments. It strives to promote

education and networking to increase

awareness of globally-influenced

markets and the nuances of working

with global clients.

Global Business and

Alliances Committee

Global Business Councils Forum

Global Alliances Advisory Board

CIPS Advisory Board

Texas Realtors®Global Committee

National Association ofREALTORS® Global

Committee Opportunities

VOLUNTEER CALL*NAR and TR dates estimated, subject to change

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T E R M , M E E T I N G D A T E S , A N D T I M E S

The term is one year. The ABoR Global Advisory Group and ABoR Global Ambassadors willattend all global meetings and programming held at ABoR Headquarters. You are stronglyencouraged to attend the Texas Realtors® global programming and the National Associationof REALTORS® international programming, among other conferences that pertain to helpposition Austin in the worldwide market.

S C O P E O F W O R K

Commit to attending ABoR Global programming and participate in guiding the globalstrategy. Each Global Ambassador will present an economic update about their country,region, or entity.

P U R P O S E

An ABoR Global Ambassador serves as a valuable resource to the group and the ABoRGlobal staff. A Global Ambassador provides international perspectives on emerging realestate strategies, trends, and resources within their focus and reports to the GlobalAdvisory Group with their global real estate findings.

C O M P O S I T I O N

The Global Advisory Board comprises a Chair, Vice-Chair, Past Chair, and two GlobalAmbassadors. There will be Global Ambassadors with a variety of country and specialtyfocus.

T I M E C O M M I T M E N T

Global Ambassadors should attend all meetings and international events throughout theyear. This includes, but is not limited to, attending special Global meetings and activitiesset up by ABoR staff, participating in events organized by the assigned country, and guidingand assisting the ABoR staff and global members to relevant meetings and social activities.

_________________________________________________________________

Global Ambassador Signature                                      Date

ABoR GLOBAL AMBASSADOR AGREEMENT

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Submit your application online at ABoR.com/Global and select the Global Ambassador Application button.You may also submit this application form to Christine Wren at [email protected] in place of an onlinesubmission. All appointments are made by the Global Advisory Group.

Personal InformationName: __________________________________________________________________________Address: ________________________________________________________________________City/State/Zip Code: ______________________________________________________________Email: __________________________________________________________________________Phone: __________________________________________________________________________How long have you been licensed REALTOR® or Broker? _________________________________Is ABoR your primary association? ___________________________________________________Name all associations where you are a member: ________________________________________Please describe your involvement in your local, state and/or national association:________________________________________________________________________________Which country grouping would you be interested in serving as Global Ambassador?________________________________________________________________________________(Refer to the list on page 15) ________________________________________________________________________________Interested in a country or region not listed? Explain?________________________________________________________________________________

EducationAre you a Certified International Property Specialist (CIPS) Designee? ______________________If you are not a CIPS Designee, which CIPS courses have you taken?________________________________________________________________________________Other real estate education, designations, or certifications held:________________________________________________________________________________Have you taken any other business education or hold other degrees that might benefit this position? If so,please describe them: ________________________________________________________________________________

International ExperienceList languages you speak and estimate your degree of proficiency: (Native & Secondary)________________________________________________________________________________Describe any in-depth knowledge you have of the country grouping you chose:________________________________________________________________________________Describe your current level of involvement in international business:________________________________________________________________________________What percentage of time do you spend on international business activities? _________________Describe why you would like to be a ABoR Global Ambassador:________________________________________________________________________________Explain how you can help ABoR Global members with the country or international organization you wouldlike to be assigned: ________________________________________________________________________________

ABoR GLOBAL AMBASSADOR APPLICATION

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Austin Board of REALTORS® Global Ambassadors should communicate regularly with ABoR Global staff and

the ABoR Global Advisory Group throughout the year to discuss relevant aspects of the ABoR/country

relationship, including country real estate market information.

To the extent that participation in your assigned country's annual meeting or a convention would be

potentially helpful for ABoR to reach its objectives, ABoR Global Ambassadors are encouraged to attend the

events as a representative of the Austin Board of REALTORS®.

If and when traveling to their assigned countries, ABoR Global Ambassadors should connect with their NAR

counterparts to help manage appropriate introductions. There may be opportunities to meet with

International REALTOR Members (IRM) and potential partners for prospective programming, events, or

partnerships, such as higher learning institutions, exhibitions, and professional networks, as examples. In

doing so, ABoR Global Ambassadors must keep in mind that any potential partner must abide by the NAR

Code of Ethics. Global Ambassadors should be prepared to share relevant information about their respective

countries' real estate industries with interested ABoR members. Global Ambassadors' contact information will

be housed in a directory on ABoR.com/Global.

Global Ambassadors should attend/host any international delegation sponsored by the Austin Board of

REALTORS®. These activities include but is not limited to:

Attending special global meetings and events set up by ABoR staff;

Participating in events organized by the assigned country;

And they are also guiding and assisting the ABoR staff and global members in relevant meetings,

conferences, and social activities.

Global Ambassadors meet a minimum of twice annually at the Austin Board of REALTORS®. Global

Ambassadors are urged to attend events of the Austin Board of REALTORS® global initiatives, especially

ABoR Global forums, ABoR Global Lunch & Learns, Texas REALTORS® international committee meeting, and

the NAR global programming when possible. As official appointees of the Austin Board of REALTORS® Global

Advisory Group, Global Ambassadors are required to serve on and participate in the meetings of the Global

Ambassadors Group. Global Ambassadors who cannot attend this meeting must request to be excused.

Any travel expenses incurred by the ABoR Global Ambassador will be solely the responsibility of the

individual Global Ambassador unless pre-approval in writing has been secured.

Global Ambassadors communicate regularly with ABoR Global Staff. ABoR Global Advisory Group, and ABoR

Global Ambassadors serves as the link between ABoR and the local international partnerships.

Austin Board of REALTORS® Global Ambassadors are required to submit an annual economic report

documenting:

All relevant real estate meetings, events, and conferences for that entity should be included in the ABoR

Global calendar and forwarded to ABoR Global Staff for distribution;

Economic overviews as they translate to both inbound and outbound real estate trends for the country or

entity;

And information about real estate in general, including land use, developments, commercial opportunities,

home buying and selling, and leasing for that country.

1.

2.

3.

4.

5.

6.

7.

8.

RESPONSIBILITIES OF THE ABoR GLOBAL AMBASSADOR

ABoR GLOBAL AMBASSADOR RESPONSIBILITIES

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GLOBAL DEMAND COMINGTO TEXAS

Texas ranked third in the nation for homes sold to international buyers from April 2019 to March 2020,according to the 2020 International Transactions in U.S. Residential Real Estate from the NationalAssociation of Realtors® Research Group.

Texas attracted 9% of foreign buyers. Forty-two percent of Texas’ buyers came from LatinAmerica/Caribbean. Texas was the top destination among Mexican buyers. Top Five Destinations: Florida(22%), California (15%), Texas (9%), New York (5%) and New Jersey (4%)

International real estate is multifaceted. Not only do international clients choose to purchase U.S. realestate, U.S. clients (whether U.S. citizens or non-U.S. citizens) are also interested in purchasing propertyabroad. 11% of respondents reported the had a client who was seeking to purchase property in anothercountry.

Most U.S. clients wanted to purchase property in Canada and Latin America (Mexico, Costa Rica,Colombia, Dominican Republic, Belize, Brazil, Panama, Bahamas, and Venezuela). China and thePhilippines were the top countries U.S. clients were most interested in. The United Kingdom, Italy, France,and Spain were the major European countries U.S. clients were looking to buy in.

A majority of clients were interested in purchasing residential property abroadfor use as a vacation home, residential rental, or both. Texas also ranked third among commercial realestate buyers who work with REALTORS®, according to the 2019 Commercial Real Estate InternationalBusiness Trends report from the National Association of REALTORS®

For more information and resources on building your global business please visit ABoR.com/Global

GLOBAL DEMAND COMING TO AUSTIN

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WHO WE ARE

ABOR VISIONTo foster the most professional and engaged REALTORS® in the nation.

ABOR GLOBAL MISSIONTo promote global education, partnerships, and networking

opportunities to help members increase awareness,

knowledge, and success in the global real estate arena.

GLOBAL CONNECTIONS

JOIN | APPLY | LEAD

GLOBAL ADVISORY GROUP & AMBASSADORSThe five-member Global Advisory Group appoint Global

Ambassadors, members whose goals are to broaden our

multicultural relationships, support economic development

efforts, and showcase our incredibly diverse and culturally

rich Central Texas region.

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ABOR.COM/GLOBAL

4800 Spicewood Springs Rd.

Austin, Texas 78759

Christine G. WrenGlobal Liaison, Special Programs Lead

DIRECT +1 (512) [email protected]