A 15-member US-based National Association of Realtors delegation visited real estate projects in Santiago, Jarabacoa, Puerto Plata, Juan Dolio, La Romana and Punta Cana. The visit was a lead up to their participation in the Annual Realtors 2018 convention scheduled for 2-5 November 2018 in Boston, Massachusetts. At the NAR Annual Realtors 2018 Convention, the Dominican Republic will be represented by several residential developments.
The delegation also met with Manuel Pacheco, director of tourism investments at Mitur to learn more about the development of real estate projects, statistics, facilities and tax incentives.
“They no longer want to be satisfied with just being tourists. They want to buy properties and be part of the Dominican Republic,” Pacheco explained after citing the interest shown by the members of the NAR. Larissa Ortiz, president of NAR in the country, was the local coordinator for the visit.
The National Association of Realtors (NAR), whose member brokers are known as realtors (member agents are known as realtor associates), is a North American trade association [1] for those who work in the real estate industry. It has over 1.1 million members,[2] including NAR’s institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago.
Read more in Spanish:
El Nacional
30 October 2018
