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May 2015

REALTORS®, Mexico Chamber formalize agreement for joint business opportunities

May 2015

Tyler McKenzie and Luis MorrisUS and Mexico FlagsWith vistas of Seattle in the background and before 15 observers, the presidents of two business groups signed a Memorandum of Understanding to foster business opportunities and promote successful transactions (including real property purchases) between them.

Tyler McKenzie, 2015 president of Seattle King County REALTORS®, and Luis Morris, president of U.S.-Mexico Chamber of Commerce Northwest Chapter, signed the 8-point MOU during the Chamber's breakfast business meeting held April 30 at Columbia Tower Club.

The signing ceremony followed meetings with Chamber officials and SKCR representatives, which included McKenzie, Jenny Hill, chair of the Global Real Estate Council and Claudia Crowell, the association's director of business practices & education.

Prior to signing the MOU, McKenzie spoke of his passion for Mexico, and his fondness for its people and culture.

As part of the accord, the parties pledged cooperation in promoting and facilitating "connections leading to business opportunities in real estate for members of the Cooperating Parties." Participants also agreed to exchange real estate-related information and to host networking opportunities for members. Another area of collaboration will include support of the goal of the United Nations of achieving adequate shelter for all.

The United States-Mexico Chamber of Commerce is the leading binational business organization working to build mutually beneficial trade and investment relationships in the Americas.  That Chamber, established in 1973, added a Northwest Chapter with offices in Seattle in 1995.

Group at MOUMexico is among Washington state's top 10 trading partners, ranking 7th in exports and #10 in imports. The Trade Development Alliance of Greater Seattle noted Mexico's promise as "an up and coming trade partner."  Ina recent report, the Alliance cited data from the Foreign Trade Division of the U.S. Census Bureau, noting Mexico's imports of merchandise from Washington from 2011 to 2012, valued at $2.8 billion, was the largest increase of any other country.