CIREBA also monitors their members’ transactions and conduct, and a company may lose their membership for non-compliance or unethical dealing.
Founding CIREBA members understood decades ago that professional knowledge and conduct were important to real estate customers. As it was founded, the Association’s purpose was to promote cooperation and regulation of realtors, two elements that are crucial for a healthy and respected industry. CIREBA is well known for its Multi-Listing System (MLS), a database of pertinent details of all the properties handled by its members. The MLS raises your sales success rate because all 180 member agents (31 member companies) pool information resulting in increased market exposure. It is also an essential tool allowing agents to be up-to-the minute on changes in property details.
What may be lesser known is that CIREBA maintains a substantive training requirement which includes instruction on the latest applications of Cayman Islands laws as they affect real estate, including contract law and laws governing Cayman Islands registered companies and their duties to their clients and customers. Further adherance to a strict code of ethics is also required.
Membership in CIREBA is gained only after passing a series of exams on all of the above.
Since membership is voluntary, companies who meet the criteria demonstrate their commitment (and re-commitment through mandatory on-going training) to the highest standards of practice.
Sound policies are just the start. CIREBA also monitors their members’ transactions and conduct, and a company may lose their membership for non-compliance or unethical dealing.
With a CIREBA member you can be assured of the rigorous professionalism and standard of conduct you deserve as a property owner. With a CIREBA member you will have access to the massive marketing exposure and resource sharing of the MLS. When you choose an agent, you would be wise to select a CIREBA endorsed and qualified professional.