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Dec 7, 2022

A Merger of Real Estate Associations in Belize

The Association of Real Estate Brokers of Belize (A.R.E.B.B.) and the Belize National Association of Real Estate (BNAR) will become one association. Today A.R.E.B.B. and B.N.A.R. signed a Memorandum of Understanding to that end in Belmopan. The expectation is that both associations will be fully merged within a six-month period. A release from A.R.E.B.B. says the M.O.U. sets out the responsibilities of each committee within the associations in carrying out a successful transition into one formal and democratic body. The merger is being hailed as a historic event and one that has been in the making for many years. The release goes on to say that the merger signifies an evolution in the industry and recognition that by working together within the same industry there can be assurance that all voices are heard that all opinions are taken into consideration. We will continue to follow.

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