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14special report - Greater Las Vegas Association of Realtors

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GLOBAL BUSINESS<br />

WHAT IS THE GLOBAL BUSINESS COMMITTEE (GBC)?<br />

PHOTO OP AFTER THE<br />

JANUARY GLOBAL OPEN FORUM<br />

FROM LEFT; WALT COFFEY, STATE CHAIR,<br />

FORUM SPONSOR TRACY PETERS, SAM’S<br />

CLUB, CHRISTINE GRONAU, VICE CHAIR,<br />

GUEST SPEAKER DARRYL FREEMAN<br />

STRATEGIC MARKETS LIASON, FIRST<br />

AMERICAN TITLE, TAMARA TRYBOUSLA,<br />

CHAIR AND FORUM SPONSOR JOANNE<br />

MUCINO, FIRST AMERICAN TITLE.<br />

We are a member-driven committee<br />

dedicated to educating our REALTOR ®<br />

Membership on multicultural business<br />

opportunities, here and abroad. If you are<br />

looking to expand your business beyond<br />

borders or simply become a better agent<br />

serving our ever-more diverse valley, attend one of our<br />

meetings or events. We meet the third Wednesday of every<br />

month at 10 A.M. at GLVAR. We earned Gold status from<br />

NAR our first year in existence! Help us get to Platinum<br />

while you improve your business!<br />

WHAT’S NEXT FOR THE GLOBAL BUSINESS COMMITTEE?<br />

Along with NAR and NVAR, we are hosting a Global<br />

Summit featuring Las Vegas as a destination for business<br />

and real estate investment this April 18-19th. Space is<br />

limited, register early. The first day, you can take the<br />

core class for Resort and Second Property Specialist<br />

and the second day you will learn what is so special<br />

about Las Vegas from a global perspective.<br />

Explore the world of international real estate, enhance<br />

your skills as a professional from analytical and critical<br />

thinking to respectful cross-cultural negotiating and<br />

delivering persuasive presentations. Begin your journey to<br />

becoming a Certified International Property Specialist at our<br />

CIPS Institute April 22 – 26, 2013.<br />

“Culture has a HUGE affect on how we buy and how we<br />

sell,” stated Darryl Freeman Strategic Markets Liaison for<br />

First American Title and guest speaker at January’s GBC<br />

Forum. Statistics analyzed suggest that the majority of the<br />

population growth in Clark County over the next five years<br />

will come from multicultural markets. Deeper analysis<br />

reveals that this growth will be directly reflected in our<br />

[ BY TAMARA LARISA TYRBOUSLU, CHAIR ]<br />

GLOBAL<br />

SUMMIT<br />

INFO<br />

PAGE 8<br />

housing market, projecting that 91% of owner-occupied<br />

purchases will come from multicultural buyers. Hispanics<br />

lead the growth; however, “Hispanic” covers a vast<br />

spectrum of diverse peoples. Data accumulated with selfdetermining<br />

options, shows that Filipinos are the fastest<br />

growing uniquely identified culture in the valley.<br />

Mr. Freeman shared the cultural nuances that can enhance<br />

or harm a real estate transaction and ultimately your<br />

relationship with your clients, their family and their friends.<br />

Something that may be innocuous, even endearing in<br />

American mainstream culture may be horrifically offensive<br />

in another culture. When representing a foreign-born client<br />

or recent immigrant family it is mission critical to learn<br />

about their customs and business practices before your<br />

initial meeting.<br />

The reward for your cultural intelligence will be<br />

reflected in your repeat business and referrals. Kiss,<br />

Bow or Shake Hands by Terri Morrison is a quick<br />

resource to prepare you for a client appointment.<br />

Being aware of potential cultural influences without<br />

assuming their existence is the duty of a professional.<br />

All clients are unique and deserve customized service<br />

that respects them as an individual in the context of their<br />

choosing. Take the time to listen to your clients and what is<br />

important to them. Is their family’s involvement paramount?<br />

Are schools more important than proximity to work? Will<br />

they need special accommodations at closing? Having an<br />

all-encompassing Buyer and Seller Questionnaire will serve<br />

you well in years to come as our valley grows.<br />

The Global Business Committee wishes you much<br />

continued success in business and in life! n<br />

[ 27 ]<br />

SOUTHERN NEVADA REALTOR ® MARCH 2013 www.LasVegasRealtor.com

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