Ghana Real Estate
Professionals Association
(GREPA)
‘Selling Ghana and Africa’
FIABCI Chicago CHAPTER
Luncheon
Capturing Global Business
4/9/2015
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“Africa: one of the few
bright spots on the
gloomy global
economic horizon.”
George Soros
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Presentation Outline
INTRODUCTION

VICKY SAMPAH

ABRI PROPERTIES GHANA
GREPA
 Vision
 Mission


Projects/programs
Benefits from FIABCI
Conclusion


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Asking for Partnerships
Contacts
3
Ghana
Ghana is located
Ghana benefits from a stable, political environment,
democratic with a free press, independent judiciary, and
active civil society. Over the past few years, Ghana has
pursued a robust macroeconomic reform agenda, which has
resulted in a significant decline in poverty and steady growth
in gross domestic product. In 2007, commercial quantities of
oil were discovered of the coast of Ghana, which Accra may
provide a revenue steam that could rapidly accelerate growth
and move Ghana toward its goal of middle income status by
2020.
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Ghana
Ghana is located
Ghana benefits from a stable, political environment,
democratic with a free press, independent judiciary, and
active civil society. Over the past few years, Ghana has
pursued a robust macroeconomic reform agenda, which has
resulted in a significant decline in poverty and steady growth
in gross domestic product. In 2007, commercial quantities of
oil were discovered of the coast of Ghana, which Accra may
provide a revenue steam that could rapidly accelerate growth
and move Ghana toward its goal of middle income status by
2020.
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MAP OF
GHANA
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LOCATION WITHIN AFRICA
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What is GREPA?

Stands for

GHANA REAL ESTATE PROFESSIONALS ASSOCIATION

We are Non-Profit, Non-Governmental, Non-Religious and NonPolitical Entity and our members consist of Real Estate
Professionals in Ghana

GREPA Members are involved in preserving the right to buy and sell
property; to lease and improve property and to work with the
community to ensure that fair housing is available to all.
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Our Vision

To be the leader and preferred partner in providing knowledge, information,
tools and resources to support the advancement of Real Estate in Ghana.

To establish standards for the consumer, public and real estate
professionals by adopting international standards for efficient and effective
practices.

To advocate the right of Ghanaians to own, use and transfer property
without any problems and also to fulfilling the hope and dream of property
ownership.
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Our Mission

To aggressively promote the optimum utilisation and growth of Real Estate
Services in Ghana based on core values of being ethical, noble,
accountable.

To provide the most accurate information, future- focused education,
invaluable networking and building a reputation for our members.
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Membership Profile

Professional Members


Associate Members


Full/Part-time students studying Real Estate and related courses at accredited
institutions of higher education
Corporate/Sponsorship Members


Persons involved or retired from full-time teaching/research in Real Estate and Allied
areas at accredited research institutions of higher education or government agencies.
Student Members


All other professionals not directly related to the Real Estate Industry; Lawyers,
Insurance Brokers, Financial Advisors, Mortgage Consultants, Engineers, Quantity
Surveyors, Architects, Home Inspectors, Contractors, Licensed and Certified Artisans
etc. Painters, Plumbers, Electricians etc.
Academic Members


Registered Real Estate Brokers/Agents, Marketing Executives, Property Managers etc
Any Corporate Body interested in being part of the Association
Honorary Members

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Individuals of high standing may be elected as life-time honorary members by vote of
the Board of Directors.
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GREPA Milestones

Since January 2009

Founded by Mrs. Vicky Sampah





4/9/2015
Registered as a Non-governmental Association under
the Laws of Ghana
Made Formal contacts and introduction to the Ministry
of Works and housing
Maiden radio interview by Vibe FM introducing the
association to the general public
Over 70 Real Estate Professionals so far registered
as Members
Acquired Office premises at # 85 Freetown Ave. East
Legon, Accra
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Ongoing Projects
THE GHANA SCORE CARD PROJECT
This project aims to develop a robust framework for objectively measuring the
effectiveness of property markets in Ghana. Balanced Scorecards to be generated would
enhance the understanding and interconnectedness of the local and international property
market. The Scorecard project has be successfull in countries like Kenya and South Africa
with support from the USAID, CIPE and IRPF.
The project would be a catalyst for capacity building organizations to support the
development financial intermediary at all levels in the country. It will also serve as a guide
to investors as well as Government in Policy making.
GREPA will offer local and international students the opportunity to part in this project in
partial fulfillment of their degrees. 2 students for the Johns Hopkins University have started
working on the Desktop and GREPA is taking applications from students at the University of
Science and Technology.
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Ongoing Projects
GREPA WEBSITE
The GREPA domain repagh.org has be registered and website is
being developed in consultation with a Chicago based website
consultancy specializing in the development of Association websites
- Webitects
THE MULTIPLE LISTING SERVICES (MLS) PROJECT
A system that will pull all our professionals together on a common
marketplace, enable them establish contractual offers of compensation ,
facilitate cooperation with each other, accumulates and disseminates
information to enable appraisals, and serve as a facility for the orderly
correlation and dissemination of listing information to better serve
broker's clients, customers and the public.
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Planned Programs
REAL ESTATE INSTITUITE OF GHANA (REIG)
Plans to offer real estate pre-license, post-license and continuing
education courses in a comfortable classroom atmosphere in Accra
Industry professionals will earn prestigious credentials and
certifications and designations from accredited institutions such as
FIABCI.
Leasing
Property Management
Real Estate Law
Ethics in Real Estate
Home Inspections
Contracts
Valuations
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Ongoing Activities

•
GREPA Membership Recruitment Drive
We are currently embarking on a national campaign to get industry
professionals involved in building the industry to meet global
standards
GREPA REAL ESTATE LIBRIARY
Space in the GREPA office has been allocated for a library for Real
Real Estate matters.

GREPA Launch Event in September 2013
Plans to officially launch the Association and its long term programs underway

GREPA ETHICS: Training Program to start in July 2013

GREPA Basic REAL Estate Training Program starts July 2013
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FIABCI GHANA CHAPTER

Plans to start a FIABCI chapter in Ghana by May of 2014 is
underway!
Some members are starting the FIREC training this year.

BENEFITS





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GLOBAL NETWORKING
PROXIO
EDUCATION
EXPOSURE
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YOUR SUPPORT
We recognize that this is a monumental task we have embarked upon,
and it is obvious we need all the help we can get. We are
desperately in need of any form of assistance and Patnerships to
implement the core values we have identified to pursue in order to
help bring some sanity, discipline and orderliness into the real
estate industry in our beloved country, Ghana and like to see the
Country Ghana move forward and count on all your support .
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CONTACTS
Physical Location: #85 Freetown Ave.
East Legon, Accra
Mailing Address:
PMB 193 KIA
Airport, Accra
Phone: 0302-54-3153
0206-05-2267
0269-57-4186
US Contacts: 815-733-5511
Fax:
0302-52-1805
Email: info@abriproperties.com info@repagh.org
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Website: www.repagh.org
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Presentation compiled by:
Vicky Sampah, MBA, MSRE, REALTOR®
FOUNDER/ PRESIDENT -GREPA
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