CREBA and LIBOR strengthen ties at International Summit in New York City

The recent Global Summit, hosted by the Long Island Board of REALTORS® (LIBOR) at Fordham University’s Lincoln Center Campus in New York, brought together influential real estate leaders from across the globe to discuss the future of the industry. LIBOR, one of the largest REALTOR® associations in the United States, boasts a membership of over 30,000 real estate professionals. With a rich history spanning more than a century, the organization is renowned for its commitment to education, networking, and fostering international partnerships to drive growth and innovation in real estate.

The summit featured a diverse array of attendees, including top executives, policymakers, and industry experts from various states and countries. Representing the Philippines was a delegation from the Chamber of Real Estate Builders and Associations (CREBA), led by its Vice President for International Affairs, Alejandro Mañalac, and Ms. Ave Acuña, the VP for Education. The delegation was specially invited by the Global Real Estate Liaison of the National Association of REALTORS (NAR), Mr.Yoshi Takita, highlighting LIBOR’s longstanding bilateral partnership with the Philippines. This collaboration has been instrumental in promoting knowledge exchange and opening doors for investment opportunities between the two nations.

Key topics at the summit included remote work opportunities, evolving real estate trends, economic development, and the emergence of Proptech. Esteemed speakers and thought leaders provided in-depth insights into these subjects, underscoring the industry’s need to adapt to shifting demands and integrate technology into real estate practices. Sessions also covered sustainable housing and the impact of global economic policies on the property sector, offering attendees a holistic perspective on the challenges and opportunities shaping the future of real estate.

Networking opportunities were abundant, fostering cross-border connections and partnerships. The event underscored the importance of cultural competency in building strong international relationships, a core focus of LIBOR’s global initiatives. By encouraging collaboration between local and international stakeholders, LIBOR aims to position its members as leaders in an increasingly interconnected market.

The summit’s success reflects LIBOR’s dedication to its mission of empowering real estate professionals through education, advocacy, and global outreach. For attendees like the CREBA delegation, the event not only provided valuable knowledge but also strengthened international ties, paving the way for continued growth and innovation in the real estate industry.

With its rich exchange of ideas and actionable insights, the Global Summit further cemented LIBOR’s role as a pioneer in fostering international collaboration and preparing its members for the challenges and opportunities of a rapidly evolving real estate landscape.