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Global Perspectives Professor Mark Sharp AIPP Chief Executive
Scope ,[object Object]
 Overview of global trends
 AIPP 2011 objectives
Working together
Summary,[object Object]
 Set up to improve the standards of professionalism in the international property market.
 Provide the consumer with confidence.,[object Object]
 Members follow robust Code of Conduct.,[object Object]
Honesty
Integrity
 Transparency,[object Object]
Complaints Procedure
Reprimanded, fined, suspended, expelled.
Dispute Resolution Procedure
Arbitration ,[object Object]
 Australia seeing significant signs of house price inflation (18%) as is Canada (16%).,[object Object]
 Turkey is experiencing significant growth both in economy and second home buyer investment as are certain areas in Russia (Moscow) and Brazil (Sao Paulo).,[object Object]
Western markets ,[object Object]
 UK domestic market is up on the year but still 5-10% down on 2007 highs.,[object Object]
Where UK is spending 2007-2012 comparison (units in 000) Dept of Business, Innovation and Skills 2010
Who is buying international property by age - UK Dept of Business, Innovation and Skills 2010
UK Buyer Profile ,[object Object]
 UK consumers are now knowledgeable about the market and the do’s and don’ts of international real estate.
 USA
 Is regulated via NAR but not to international markets.,[object Object]
 Generally better than it was a year ago.
 Reluctance to buy off plan.

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Internationalisation of Developments and Residential Estates - Professor Mark Sharp