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Ghana Real Estate Professionals Association
(GREPA)‘Selling Ghana and Africa’
04/19/23 1
FIABCI Chicago CHAPTER Luncheon
Capturing Global Business
04/19/23 2
“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
04/19/23 3
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.
04/19/23 4
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.
04/19/23 5
MAP OF GHANA
04/19/23 6
LOCATION WITHIN AFRICA
04/19/23 7
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.
04/19/23 8
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.
04/19/23 9
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.
04/19/23 10
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.
04/19/23 11
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.
04/19/23 13
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.
04/19/23 14
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
04/19/23 15
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
04/19/23 16
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
04/19/23 17
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 .
04/19/23 18
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: [email protected] [email protected]
Website: www.repagh.org04/19/23 19
Presentation compiled by:
Vicky Sampah, MBA, MSRE, REALTOR®
FOUNDER/ PRESIDENT -GREPA
04/19/23 20