The document discusses the mission and work of the International Real Property Foundation (IRPF). The IRPF aims to establish private real property markets worldwide which are essential for strong economies. It works with real estate associations to provide training, consensus building, and problem solving expertise. Some of its successes include increasing homeownership rates and the professionalization of real estate associations in Eastern Europe and former Soviet states. It recommends strengthening international real estate communities and bringing developing country associations up to international standards.

1. Norman D. Flynn Chairman, International Real Property Foundation 1990 President, National Association of Realtors ® Real Property Markets: The ‘real’ solution for economic development

2. MISSION OF IRPF IRPF is an independent non-profit, public purpose 501c(3) Foundation established to create viable, private real property markets worldwide which are essential for strong democracies and developing economies

10. Association Building PFVA in 1993 = 15 groups; in 2002 = 27 PREF in 1995 = 6 groups; in 2002 = 24 "the Foundation programs gave us a vision, and saved us from thirty years of mistakes” – Grzegorz Dobrowolski

17. Real Property Markets: The ‘real’ solution for economic development IRPF 430 N Michigan Avenue Chicago, IL 60611 (312) 329-8575 www.irpf.org