CIREBA'S ANNUAL ELECTIONS BRING CHANGES TO THEIR BOARD

Jeremy Hurst of International Realty Group (IRG) was elected President while Jeanette Totten from Cayman Luxury Property Group will be sitting in the Vice President's seat. Curtis Eldemire from Tropical Real Estate remains as Treasurer, while Michael Day from Regal Realty is the returning Secretary. The other elected members of the board include Past President Kel Thompson from Just Condos, Past President JC Calhoun from Coldwell Banker Cayman Islands Realty, Tony Catalanotto from Rainbow Realty, Past President James Bovell from RE/MAX Cayman Islands and Steve Cummins from Vision Real Estate.

On exiting his role as the CIREBA President Kel Thompson stated, 

It has been an interesting year in terms of the global financial crisis and the current world market. The Cayman Islands Government was extremely supportive to CIREBA this year with its willingness to solicit our input and suggested response to the pressures from the UK regarding the Cayman property market. We were happy to be able to provide the information and resources that were so valuable in making the right decisions for the Cayman Islands moving forward in this financial climate.

Kel passes on the presidency to Jeremy Hurst who states,

I am honoured to have been elected President of CIREBA and I look forward to working with the CIREBA board, which represents a tremendous resource in terms of real estate expertise and experience. CIREBA intends to take a proactive and positive role in these challenging economic times. We will work alongside our members, other professional associations and Government, to do our part in ensuring Cayman returns to a path of long-term stability, prosperity and growth.

Some of the issues we will be focusing on include the promotion of the Cayman Islands internationally to help generate new international investments into the economy. We will also look at other current interests, such as the threat of Crime to Cayman's economy and CIREBA's stand on any proposed new property and income taxes, should the issue arise again. We will also ensure CIREBA's members continue to have access to the very best tools and resources possible, enabling them to service their vendors and purchasers to the highest professional and ethical standards.

He furthers, 

I have no doubt this coming year will be a busy one and I am greatly looking forward to its challenges and opportunities.

In the upcoming year, CIREBA's new board plans to continue to promote CIREBA members and their activities to the local and international public as well as make sure the public is well informed on any property issues facing the Cayman Islands. For information on CIREBA and MLS properties, visit www.cireba.com.