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LEADERS

Dr Munroe H C: Courage, Integrity & Accountability Driven Mogul Redefining Caribbean's Real Estate Landscape

Dr Munroe H C: Courage, Integrity & Accountability Driven Mogul Redefining Caribbean's Real Estate Landscape

Dr Munroe H C
Founder & CEO

Rome was not built in a day, neither are buildings and cities! Behind every architectural masterpiece, towering skyline, and awe-inspiring building stands a visionary leader. One such visionary real estate leader is Dr Munroe H C, Founder & CEO of Fabulous Homes International Guyana aka, the Caribbean Queen of Real Estate. With her sharp business acumen, unmatched resilience, and a flair for negotiation, Dr Munroe is not only breaking barriers but also building empires. Armed with over two decades of experience in real estate across U.S. and South America, Dr Munroe has been credited with redefining the Guyanese real estate landscape. She identified that the real estate sector in Guyana was run through informal knowledge rather than structured processes. She envisioned redefining the very method of functioning and she did so by leveraging her knowledge in the sector to train her Guyanese real estate team by integrating U.S real estate best practices into the local market. The process required her team to unlearn previous methods, relearn the local system, and then adapt best practices to fit the Guyanese market. By channeling expertise into localized strategies, her company, Fabulous Homes International has successfully transformed the real estate landscape in Guyana.

Dr Munroe is known for her innovative approach to homeownership. She has been credited with creating the unique #Project5000 platform, and the Guyana National Housing Trust Corporation. She also created the Caribbean First Multiple Listing System (CFMLS) and the Caribbean Association of Real Estate Professionals serving 20,000 agencies and 39 million people.

With wide experience in luxury home sales, residential and commercial real estate, and negotiation skills, Dr Monroe has reshaped the skyline, proving that the real estate throne is no longer reserved for kings alone.

In a conversation with The Global Woman Leader magazine, Dr Monroe talks about her professional journey towards redefining Guyana’s and Caribbean’s real estate sector.

What led you to pursue a career in real estate? What core expertise do you bring to the table as an experienced industry leader in real estate?

The real estate industry in Guyana faces significant challenges in financing, which affects both first-time homebuyers and commercial investors. In Guyana, getting financed is difficult due to various challenges, especially with credit. To address this, I founded the Guyana National Housing Trust Corporation (GNHTC) which acts as an alternative financing platform created from grassroots sources. The platform helps individuals build credit, secure financing and allows individuals to access funding for various real estate purchases, including land, houses, commercial structures, and malls. The program has been extended not only locally in Guyana but also across the Caribbean.

Fabulous Homes International Realty has made a significant impact in the industry. What inspired you to start this venture, and what key services does it offer?

Fabulous Homes International is a full-service real estate brokerage firm. I founded the company drawing inspiration from high-performing real estate professionals in the Atlanta market.

The firm assists people in buying, selling, and investing, working with commercial, local, and international lenders. It also provides the Real Estate Academy, the first in the region, and works with the Guyana School of Real Estate. The company also supports the Guyana National Housing Trust, providing funding for individuals interested in buying, building, or leasing real estate. Additionally, the company has a nonprofit arm that builds homes for those unable to own a property, donating the property to those in need. Fabulous Homes International also seeks rising stars in the industry to start their own brokerages and grow their businesses.

CIA - Courage, Integrity, and Accountability make the foundation of life

As the Founder & CEO of the organization, what are your primary responsibilities? How do you effectively manage and scale your businesses?

My primary responsibility as the CEO is fund acquisition, meeting with multiple investors annually to fund various projects, including the City of Avalon and Oasis Country Club community. I focus on attracting investors interested in these projects and managing daily business operations while scaling the business.

Driven by my love for my work, I manage all tasks seamlessly. This is my 23rd year in the industry, and I emphasize the importance of managing tasks efficiently to avoid overworking the team or focusing on specific tasks. I believe that administrative staff should manage other aspects of running the business.

Through initiatives such as the Caribbean First Multiple Listing Service and the Guyana National Housing Trust Society, you have introduced transformative solutions. How are these innovations reshaping the real estate landscape in Guyana?

Fabulous Homes' Guyana National Housing Trust offers 98 percent financing for houses and land through a multi-listen system. The platform, currently in beta, has 20,000 agents and will be released in late December or early January 2026. The platform aims to make the Caribbean market more inclusive and collaborative, allowing real estate professionals to close transactions faster. The platform aims to bridge the fragmented market in Guyana and the Caribbean.

Looking back on your career, what have been the most pivotal milestones in your journey? What core values or principles have guided your success?

During the first five years of my career, I aimed to make the million-dollar list and break the record of over a hundred million as a company. Further, I moved to Guyana, South America, where I focused on providing high-end luxury real estate to a large chunk of the market.

By creating simple financing strategies, we won the hearts of the entire Guyanese community. Over the past five to ten years, we have put over 1190 people in homes across Guyana. The biggest achievement was the Project 5000 platform, which showed 5000 families how to acquire equity to finance their home build. The platform covered this mark in 2022.

My success is driven by courage, integrity, and accountability. Courage is crucial for any business leader, since without courage, one might face defeat. Integrity is another essential factor required to overcome challenges, while accountability allows for constant monitoring and improvement.

How do you anticipate the real estate market evolving in the Caribbean? Which emerging trends will have the most significant impact on the industry shortly?

Over the last decade, I have experienced significant changes, leading to the Caribbean Queen of Real Estate title. The region has been reopened to investors, offering a variety of homes, investment properties, and beautiful landscapes.

Guyana is now focusing on ecotourism, and the oil industry is expected to lead upcoming projects. However, the implementation of AI is taking over the real estate industry, making real estate professionals' jobs obsolete. To stay relevant, they must improve their services and offer unique products. The rise of 3D printing and models is also a trend, with prefab becoming a popular choice. While AI is a trend, it has the potential to become a tradition in the near future.

Dr Hc Karis Munroe, Founder & CEO, Fabulous Homes International Guyana

Dr Hc Karis Munroe, also known as the “Caribbean Queen of Real Estate”, is Queen of bootstrapping to millions. An innovative and cutting-edge leader, she is the Founder and CEO of multinational corporation Fabulous homes International Group of Companies, a diversified investment group in Guyana, South America, with one of the fastest-growing luxury real estate brokerages with a virtual presence in 49 territories across Guyana, the Caribbean, and the Latin American region, currently number six in the region, plus the developer of the pre-developing City of Avalon in Guyana, South America. She is relentless in all of her pursuits and is most recognized for her fortitude and resilience.

Over the last 18 years, Dr Munroe and her team have sold over 3,000 properties in the United States, Caribbean, and South American markets as a premier resource on global real estate trends. Through a four-year extensive feasibility study, Dr Munroe and her team created a solution to make homeownership affordable and accessible for all. By taking the once complicated homeownership process and simplifying it through the #Project5000 platform, Dr Munroe has positioned herself as a leader in real estate development and innovative alternative financing techniques. As one of the largest black-owned real estate developers in the Caribbean & Latin American region, her company, Fabulous Homes International is headquartered in Guyana, South America and manages operations across 49 territories virtually. Dr Munroe is an active member of several trade associations as well as the founder of the Caribbean Association of Real Estate Professionals.

ON THE DECK

Fabulous Homes International Guyana

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