CREBA head named director of US group

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THE chairman of property trade group Chamber of Real Estate & Builders’ Associations, Inc. (CREBA) will represent the Philippines next year, as he serves as international director of the Chicago-based National Association of Realtors (NAR) for 2016.

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CREBA announced the appointment of Charlie Gorayeb on Saturday, a few months after CREBA hosted this year’s International Realtor Conference and Regional Leadership Summit in July, where around 300 property professionals from the USA and Asia-Pacific countries attended.

The NAR is North America’s largest trade association and one of the most powerful lobbying groups, reportedly having spent over $99 million from 1999 to 2012 to support certain US politicians.

NAR has 1.3 million real estate agents-members in Asia Pacific, including the Philippines.
In the home front, CREBA actively sits in legislative hearings and technical working group discussions in both houses of Congress on bills that bear impact on the industry.

The group pushes for its so-called five-point housing agenda, aligned with its mission of “a home for every Filipino.” One is for the establishment of a long-term and affordable fund for social and economic housing. Second is the provision of affordable homes for government employees in the cities. Third is for an equitable allocation of lands for residential, commercial, and industrial sectors. Fourth is for the creation of local housing boards in all cities and first to third class municipalities. Fifth is the creation of a Housing Department that would coordinate all the functions of housing agencies in the country.

Pursue its mission towards “a home for every Filipino”, Gorayeb leads CREBA in pushing for what it calls its “five-point agenda for housing.”

CREBA said it has been partners with the global organization for a long time, particularly, in developing the practice of real estate in the country and with NAR providing it with training on industry ethics and global professional accreditation.

The two real estate groups formally partnered in 2011, when CREBA signed an agreement with NAR that designated the chamber as the official cooperating association of NAR in the Philippines.

“The CREBA-NAR alliance indeed came at a very opportune time, as the local property industry enjoys its most dynamic cycle in recent history,” said Gorayeb.

Gorayeb has served as CREBA’s national president and chairman for multiple terms and has been elected to the Chamber’s Hall of Fame in 1998.

He was also conferred lifetime membership by the ASEAN Association for Planning and Housing (AAPH) and is also the head of at least four major construction and real estate development firms.

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