Established for the purpose of raising the standard of professional real estate practice, IPAV has exchanged Memorandum of Understandings with the following bodies:
- EU Myanmar Centre (EUMC) The Republic of the Union of Myanmar (formerly known as Burma)
- National Association of Realtors (NAR) in America
- National Association of Estate Agents ( NAEA ) in the UK
- Union Nationale de l’Immobilier ( UNIT) in France
- Immobilienverband Deutschland ( IVD ) in Germany
- Hellenic Association of Realtors ( HAR ) in Greece
- Vereniging Bemiddeling Onroerend ( VBO ) in the Netherlands
- Gestores Intermediarios en Promociones de Edifficaciones ( GIPE ) in Spain
- The Institute of Estate Agents of South Africa ( IEASA )