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THPM Real Estate is a proud founding member of the C I Realtors Organization - CIRO
The CI Realtors Organization is a professional association of independent realtors in the Cayman Islands aimed at promoting ethical standards, professional development, and fair competition, while allowing members to set their own commission structures.
CIRO was developed to create a collaborative platform that emphasizes ethics, training, and professional standards without enforcing fixed commission rates which have previously raised concerns as they do not benefit clients, and they prevent the flexibility to make adjustments that are sometimes needed to broker and negotiate sales.
Core Principles and Objectives
- Professional Standards and Ethics: CI Realtors focuses on setting high ethical standards for its members, including training and best practices in real estate, ensuring that clients receive trustworthy and professional service.
- Competition and Flexible Pricing: Unlike CIREBA, which requires members to adhere to fixed commission rates, the CI Realtors Organization allows its members to set their own fee structures, promoting fair competition and flexibility in how services are priced and delivered.
- Multi-Listing and Market Access: The organization plans to provide a centralized multi-listing platform, allowing its members to showcase properties collectively, improving visibility for buyers and sellers while giving independent realtors a competitive presence in the market.
- Professional Development: CI Realtors is committed to supporting training and qualifications, especially for Caymanian real estate professionals, including opportunities for internationally recognized real estate certifications.
- Consumer Focus: By encouraging competition and high standards, the organization aims to offer consumers multiple options for engaging realtors, ensuring that buyers and sellers have access to professional services while avoiding restrictive practices.
C I Realtors Organization
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