AIPP • THE ROLE OF THE AIPP


the AIPP The role of


How this industry trade body is working to help you buy property overseas safely


T


he Association of International Property Professionals, AIPP


, is a trade association formed to improve business standards in the


overseas property market, and to reassure buyers that they can deal with companies who share this aim. In the absence of formal regulation in much of the sector, the AIPP is an organisation of some 300 companies worldwide who have come together and pledged to work under a professional framework. From estate agents and developers to lawyers and


currency exchange brokers, members of the AIPP have voluntarily signed up to be bound by a code of conduct and a disciplinary process, indicating the trust they have in how they operate their businesses. To answer the need of a growth industry, the AIPP


was formed at the beginning of 2006 to improve the standards and accountability of real estate professionals selling international property to the British buyer. By encouraging best practice and introducing industry standard training, AIPP works to ensure that the overseas property industry operates within recognised professional guidelines. Governed by an elected Board of members, the organisation is not-for-profi t and has no agenda other than improving the market. To date we have covered quite some ground in raising the bar of professionalism and bringing about a culture of accountability to the industry we represent. From best practice guidance and training, to signifi cant disciplinary action against companies found to be in breach of our rules, our work has served both industry and consumer alike. The Association will continue in this vein, recruiting more and more professional companies to widen our reach and


4 AIPP CONSUMER GUIDE


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