The Association of Estate Agents in Nigeria (AEAN), an affiliate of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) has joined the United States-based National Association of Realtors (NAR) network of global partners.

The pact follows formal approval of its application at its International Delegates/VIP Global Business and Alliances Committee meeting held in Washington D.C recently. AEAN National Secretary, Gbenga Ismail, represented the association at the global meeting.

Under the bilateral agreement, the associations will promote global best practices and the highest level of code of conduct; and also collaborate, share, and exchange knowledge to improve businesses amongst members.

The partnership will also introduce AEAN members to global affiliations of over 100 other broker associations, which implies that its members can transact referral businesses with the majority of these global associations.  

While announcing the addition of two new real estate partners – AEAN and the Association of Real Estate Agents of Trinidad and Tobago, NAR said, it has increased its global network to 107 partners in 87 countries.

According to NAR’s General Counsel and Chief Member Experience Officer, Katie Johnson, “these new agreements highlight our engagement team’s sustained commitment to enhancing NAR’s brand recognition and expanding the business opportunities.”

She declared, “We are thrilled to welcome new international partners to our NAR family, and we look forward to a long and mutually beneficial relationship.”

Reacting to the development, AEAN Chairman, Kunle Adedeji, said: “We are excited about this partnership with NAR. One of the objectives of AEAN is to open our membership to broader experiences and also to open Nigeria to global opportunities. This partnership puts AEAN amongst global peers, which will further help in our capabilities and build an understanding of the global practice.

NAR is America’s largest trade association, representing 1.4 million members involved in residential and commercial real estate industries.