Ghana Real Estate Professionals Association

(GREPA)‘Selling Ghana and Africa’

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FIABCI Chicago CHAPTER Luncheon

Capturing Global Business

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“Africa: one of the few bright spots on the

gloomy global economic horizon.”

George Soros

Presentation Outline

INTRODUCTION VICKY SAMPAH ABRI PROPERTIES GHANA GREPA

Vision Mission Projects/programs

Benefits from FIABCI

Conclusion Asking for Partnerships Contacts

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Ghana

Ghana is locatedGhana benefits from a stable, political environment, democratic with a free press, independent judiciary, and active civil society. Over the past few years, Ghana has pursued a robust macroeconomic reform agenda, which has resulted in a significant decline in poverty and steady growth in gross domestic product. In 2007, commercial quantities of oil were discovered of the coast of Ghana, which Accra may provide a revenue steam that could rapidly accelerate growth and move Ghana toward its goal of middle income status by 2020.

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Ghana

Ghana is locatedGhana benefits from a stable, political environment, democratic with a free press, independent judiciary, and active civil society. Over the past few years, Ghana has pursued a robust macroeconomic reform agenda, which has resulted in a significant decline in poverty and steady growth in gross domestic product. In 2007, commercial quantities of oil were discovered of the coast of Ghana, which Accra may provide a revenue steam that could rapidly accelerate growth and move Ghana toward its goal of middle income status by 2020.

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MAP OF GHANA

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LOCATION WITHIN AFRICA

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What is GREPA? Stands for

GHANA REAL ESTATE PROFESSIONALS ASSOCIATION

We are Non-Profit, Non-Governmental, Non-Religious and Non-Political Entity and our members consist of Real Estate Professionals in Ghana

GREPA Members are involved in preserving the right to buy and sell property; to lease and improve property and to work with the community to ensure that fair housing is available to all.

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Our Vision

To be the leader and preferred partner in providing knowledge, information, tools and resources to support the advancement of Real Estate in Ghana.

To establish standards for the consumer, public and real estate professionals by adopting international standards for efficient and effective practices.

To advocate the right of Ghanaians to own, use and transfer property without any problems and also to fulfilling the hope and dream of property ownership.

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Our Mission

To aggressively promote the optimum utilisation and growth of Real Estate Services in Ghana based on core values of being ethical, noble, accountable.

To provide the most accurate information, future- focused education, invaluable networking and building a reputation for our members.

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Membership Profile Professional Members

Registered Real Estate Brokers/Agents, Marketing Executives, Property Managers etc

Associate Members All other professionals not directly related to the Real Estate Industry; Lawyers,

Insurance Brokers, Financial Advisors, Mortgage Consultants, Engineers, Quantity Surveyors, Architects, Home Inspectors, Contractors, Licensed and Certified Artisans etc. Painters, Plumbers, Electricians etc.

Academic Members Persons involved or retired from full-time teaching/research in Real Estate and Allied

areas at accredited research institutions of higher education or government agencies.

Student Members Full/Part-time students studying Real Estate and related courses at accredited

institutions of higher education

Corporate/Sponsorship Members Any Corporate Body interested in being part of the Association

Honorary Members Individuals of high standing may be elected as life-time honorary members by vote of

the Board of Directors.

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GREPA Milestones

Since January 2009 Founded by Mrs. Vicky Sampah Registered as a Non-governmental Association under

the Laws of Ghana Made Formal contacts and introduction to the Ministry

of Works and housing Maiden radio interview by Vibe FM introducing the

association to the general public Over 70 Real Estate Professionals so far registered as

Members Acquired Office premises at # 85 Freetown Ave. East

Legon, Accra04/19/23 12

Ongoing ProjectsTHE GHANA SCORE CARD PROJECT

This project aims to develop a robust framework for objectively measuring the effectiveness of property markets in Ghana. Balanced Scorecards to be generated would enhance the understanding and interconnectedness of the local and international property market. The Scorecard project has be successfull in countries like Kenya and South Africa with support from the USAID, CIPE and IRPF.

The project would be a catalyst for capacity building organizations to support the development financial intermediary at all levels in the country. It will also serve as a guide to investors as well as Government in Policy making.

GREPA will offer local and international students the opportunity to part in this project in partial fulfillment of their degrees. 2 students for the Johns Hopkins University have started working on the Desktop and GREPA is taking applications from students at the University of Science and Technology.

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Ongoing Projects

GREPA WEBSITE

The GREPA domain repagh.org has be registered and website is being developed in consultation with a Chicago based website consultancy specializing in the development of Association websites - Webitects

THE MULTIPLE LISTING SERVICES (MLS) PROJECT

A system that will pull all our professionals together on a common marketplace, enable them establish contractual offers of compensation , facilitate cooperation with each other, accumulates and disseminates information to enable appraisals, and serve as a facility for the orderly correlation and dissemination of listing information to better serve broker's clients, customers and the public.

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Planned Programs

REAL ESTATE INSTITUITE OF GHANA (REIG)

Plans to offer real estate pre-license, post-license and continuing education courses in a comfortable classroom atmosphere in Accra

Industry professionals will earn prestigious credentials and certifications and designations from accredited institutions such as FIABCI.

Leasing

Property Management

Real Estate Law

Ethics in Real Estate

Home Inspections

Contracts

Valuations

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Ongoing Activities

GREPA Membership Recruitment Drive

We are currently embarking on a national campaign to get industry

professionals involved in building the industry to meet global standards

• GREPA REAL ESTATE LIBRIARY

Space in the GREPA office has been allocated for a library for Real

Real Estate matters.

GREPA Launch Event in September 2013

Plans to officially launch the Association and its long term programs underway

GREPA ETHICS: Training Program to start in July 2013

GREPA Basic REAL Estate Training Program starts July 2013

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FIABCI GHANA CHAPTER

Plans to start a FIABCI chapter in Ghana by May of 2014 is underway!

Some members are starting the FIREC training this year.

BENEFITS GLOBAL NETWORKING PROXIO EDUCATION EXPOSURE

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YOUR SUPPORT

We recognize that this is a monumental task we have embarked upon, and it is obvious we need all the help we can get. We are desperately in need of any form of assistance and Patnerships to implement the core values we have identified to pursue in order to help bring some sanity, discipline and orderliness into the real estate industry in our beloved country, Ghana and like to see the Country Ghana move forward and count on all your support .

 

 

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CONTACTSPhysical Location: #85 Freetown Ave.

East Legon, Accra

Mailing Address: PMB 193 KIA

Airport, Accra

Phone: 0302-54-3153

0206-05-2267

0269-57-4186

US Contacts: 815-733-5511

Fax: 0302-52-1805

Email: info@abriproperties.com info@repagh.org

Website: www.repagh.org04/19/23 19

Presentation compiled by:

Vicky Sampah, MBA, MSRE, REALTOR®

FOUNDER/ PRESIDENT -GREPA

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