HGAR, NYC Metro Realtor Associations Hold Global RE Summit
Real Estate In-Depth | November 2019
NEW YORK—A number of real estate’s most influential thought leaders came together on Nov. 4 to share strategies for succeeding in the global marketplace as part of the Global Real Estate Summit NYC at the New York Marriott Marquis.
The day-long event, now in its 13th year, attracted hundreds of area real estate professionals focused on “Engaging the Global Future” and was presented by the Hudson Gateway Association of Realtors, the Staten Island Board of Realtors, the Long Island Board of Realtors, the Greater Bergen Association of Realtors and the Brooklyn Board of Realtors.
Real estate leaders participated in multiple presentations and panel discussions to address the biggest issues impacting the global real estate market. The takeaways from these highly informative presentations and panel discussions included: building business relationships globally, market intelligence and data are key and it’s always personal and never lose sight of the power of personal relationships.
“International real estate buyers and investors enhance brokerages and profitability, boost markets and expand the economy,” said Vince Rocco, Licensed Associate Real Estate Broker, Halstead. “Relationships are key to developing an international presence. Although mobile devices, social media and other technological advances enhance connectivity, it has changed the dynamic of communication. Relationships remain crucial for all business endeavors, particularly when it comes to global real estate.”
Rocco moderated a panel, “Brokerages and Global Outreach,” featuring Scott Durkin, President and Chief Operating Officer, Douglas Elliman Real Estate; Edward de Mallet Morgan, Partner, Private Office, Knight Frank LLP; Michael Jalbert, Executive Vice President, Global Field Operations, HSF Affiliates; and Jason Gesing, Executive Vice President of Business Development, eXp World Holdings.
Richard Haggerty, CEO of HGAR, reinforced the importance of market intelligence and accurate data. “With all of the competition and market disruptions, our colleagues shouldn’t be bogged down in process and be worrying about disparate data,” said Haggerty, who is also president of OneKey MLS, the newly launched regional multiple listing service for the New York metro area “This is New York City—the real estate mecca of the world. We must ensure our colleagues have the tools to not just stay on top of the global trends, but get ahead of them.”
OneKey MLS is 42,000 plus subscribers strong and serves Manhattan, Westchester, Putnam, Rockland, Sullivan, Orange, Nassau, Suffolk, Queens, Brooklyn, and the Bronx. It was formed in 2018, following the merger of the Hudson Gateway Multiple Listing Service and the Multiple Listing Service of Long Island.
The Hudson Gateway Association of Realtors is a not-for-profit trade association representing more than 13,000 real estate professionals in Manhattan, the Bronx, Westchester, Putnam, Rockland and Orange counties. It is the second largest Realtor association in New York, and one of the largest in the U.S.
The National Association of Realtors and the New York State Association of Realtors were premier sponsors for the 2019 Global Real Estate Summit NYC.