Real estate is a decidedly different profession in Russia, where there are no title companies or licensed real estate agents and people use cash instead of mortgages to buy properties.
But the eagerness of agents to learn more about their craft and become more successful is just as keen there as in the United States.
When an 11-
“What are the statistics for sales by property owners?” “Do commissions vary on rental contracts?” “How do Internet listings work?”These are the type of questions they have said Gibbs. “Although I am the instructor, I enjoyed a learning process also especially when it comes to their culture and more importantly realizing people Considering my age, I have been taught to hold in Russians in suspicion and it is nice to realize they are no different than you or me.” He added.
During this particular session was hosted by Wendal Guarnty Trust who provided classroom space, mortage experts as gust speakers and lunch
The Murfreesboro Rotary Club members hosted the Russian professionals as part of the Productivity Enhancement Program (PEP), sponsored by the San Francisco-
Gibbs, who is the principal broker of Ideal Realty, said the Russians and Americans were discovering how they do business differently.
“We have all the systems in place here to do business ethically and professionally,” he said. “That’s what they are learning.” Five years ago one of my Russian students was totally amazed when exposed to the vast amount of public information available at the Registrar of Deeds Office. He said it would take weeks of applications to government officials to discover the same information.
Elena Poliakova, St. Petersburg the Russian group’s facilitator, said many PEP graduates go on to build business relationships with U.S. companies and some start Rotary clubs upon their return.
Program delegates are selected based on their business success, interest at building international relations, and reputation for integrity.
Delegation members stay in the area for a couple of weeks and their work days last between 9 a.m. and 5 p.m. and include information sessions on business organization, strategic planning, sales and marketing, real estate finance, business ethics and conveyance of ownership rights.
Besides visiting local real estate, insurance and business organizations, delegation members go sightseeing and enjoy our culture as will as sharing what it is like to live in Russia. –
Class of 2007, From left to right: Slava Stepashkin, Interpreter,Moscow, Russia -
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