In an effort to encourage communication among worldwide real estate markets, FIABCI recently launched its first international webinar. Among those participating in the webinar included leaders from the United States, the Ukraine, Russia, the United Kingdom, Italy, Mexico, Canada, France and Germany.
The primary goal of this webinar was to help determine how the Federation would go about assisting worldwide real estate markets with overcoming the devastating effects of the recession while also developing ways to prevent such a financial disaster from occurring again.
This webinar was somewhat of a follow up to an initiative that took place in June in the Ukraine, at which a number of real estate representatives met with government officials in order to determine ways to reform the real estate market on a national level. At this meeting, representatives decided to adhere to the principles that had been developed by the FIABCI in collaboration with the United Nations. A party consisting of members of the private sector as well as high-level members of the Ukraine government was developed after this meeting with the goal of developing practical reformation matters.
At the FIABCI webinar, which largely focused on the Ukraine initiative, a number of conclusions were reached. First, it was determined that the FIABCI, along with the United Nations, would take on a leadership role in terms of promotion essential regulations, global standards, economic stability, sustainable development, efficient markets and best practice. It was also agreed that maintaining an open dialogue between local and national governments was mutually beneficial. While FIABCI members will work toward improving business conditions while also gaining recognition in the industry, government bodies would benefit from the market experience and professional expertise the members have to offer.
It was also determined that the process could be expanded through the various FIABCI national chapters located around the world and that progress reports would be delivered to the members in December 2010 at the FIABCI Business Meetings in Brussels as well as in May 2011 at the FIABCI World Congress in Cyprus. Furthermore, it was determined that FIABCI-Ukraine as well as officials from the United Nations will provide assistance to the other FIABCI Chapters that are interested in establishing a similar dialogue with their government officials.
“Today’s event was a first for FIABCI with members from many of our Chapters working together towards making the international marketplace more efficient, transparent and stable,” said Enrico Campagnoli, who is the World President of the FIABCI. “The process is directly relevant to the creation of business opportunities. Meeting regularly with government at the highest level while comparing experiences with FIABCI colleagues will inevitably lead to an improved network and more transactions for those involved. At the same time, we will be making an important contribution to the long term economic health of the communities we serve.”