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global business - Greater Las Vegas Association of Realtors

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PRESIDENT’S MESSAGE<br />

[ BY DAVID TINA ]<br />

LET’S HELP LAS VEGAS<br />

GO GLOBAL<br />

One advantage of living here in Las Vegas is<br />

that people around the world know what an<br />

exciting place this is.<br />

And now more than ever, the world is becoming<br />

increasingly aware of what an exciting time it is<br />

to invest in real estate here.<br />

We can all do our part to help spread this<br />

message around the world. Like most things in<br />

this increasingly global economy, we can start<br />

here at home.<br />

First, REALTORS ® interested in learning more<br />

about the huge and rapidly growing global<br />

market or in working with more foreign buyers<br />

should get involved in GLVAR’s Global Business<br />

Committee. This committee meets at 10 a.m.<br />

on the third Wednesday of every month. For<br />

more information, contact Lorena Marcelo at<br />

Lmarcelo@glvar.org, the GLVAR staff liaison<br />

who works with this committee.<br />

Better yet, REALTORS ® interested in going global<br />

should also join me in attending an inaugural<br />

event GLVAR is hosting with NAR here at the<br />

GLVAR’s offices on April 18-19. Real estate<br />

professionals from around the country and<br />

from at least a few other countries have already<br />

registered for this two-day “Destination Vegas”<br />

networking and educational symposium.<br />

Space is limited, so you might want to sign up<br />

soon by visiting www.realtor.org/resortsreg.<br />

nsf/startreg?OpenForm. You can find more<br />

information on the “Destination Vegas” event here:<br />

www.realtor.org/global/destination-vegasyour-passport-to-resort-and-global-success.<br />

No matter what foreign buyers may have heard<br />

about Las Vegas and our housing market, I<br />

think it’s worth reminding them every chance<br />

we get about how we’re ranked third among<br />

all U.S. destinations when international visitors<br />

search for homes on Realtor.com. Studies by<br />

NAR and others have shown that Las Vegas is<br />

also among the top 10 places where foreign<br />

buyers are choosing to invest in real estate.<br />

And why not. Most people know about our<br />

warm weather and all the entertainment<br />

offerings on the Strip, but fewer probably know<br />

about our relatively low tax burden, cultural,<br />

shopping, dining and outdoor recreational<br />

offerings.<br />

Few probably heard that Las Vegas attracted a<br />

record number of visitors last year, when just<br />

shy of 40 million tourists flocked to town.<br />

Fewer yet probably understand why our<br />

comparatively low housing costs and recently<br />

rising home prices make it such a great time to<br />

buy real estate here.<br />

These are some of the speaking points I use<br />

when conducting interviews with the increasing<br />

number of foreign journalists who call on us<br />

for information every month. I’m interested to<br />

hear what your favorite Las Vegas selling points<br />

might be.<br />

As always, please contact me with any<br />

comments or questions you may have. n<br />

President David Tina can be reached by emailing<br />

tinaelite@aol.com<br />

[ 6 ]<br />

SOUTHERN NEVADA REALTOR ® APRIL 2013 www.LasVegasRealtor.com

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