Introduction to the E-Series
This is the forth book in the E-Series How to Beat Your Competition Selling Real Estate to Foreign Buyers. The E-Series will eventually summarize All-You-Have-to-Know to successfully market and sell real estate to international buyers.
Why would you need the real estate buyers from abroad?
“All real estate is local” as the old saying goes, but buyers are not! In today’s internet times you can sell goods, services and real estate to anybody in the world without borders. The 2015 report of the National Association of Realtors (U.S.) states that 8% of all home sales across the country were attributed to the foreign buyers; at the same time, according to the Florida Association of Realtors the number of the international buyers was 21% of all the home sales in the state. Then California followed with 16% of the foreign buyers. In some other countries and cities according to some internet sources: 17% of all real estate buyers in Spain were coming from abroad, up to 60% in Greece, up to 85% (!) in London, England, etc.
The information provided in the E-Series in general and in this e-book How to Plan and Budget for Success in International Property Sales in particular is highly useful for any real estate sellers in any country who want to expand the buyers’ market for their residential or commercial properties all over the world: From a private owner of a small condo or a historic mansion or a hotel for sale, to a realtor offering just one
There are several reasons for me choosing this particular area to research, the first is a strong interest in finance and my desire to work in this sector after graduation. Secondly, the potential volatility and substantive gains and losses associated with the property market, make for an interesting study area. Looking at the foreign investment dimension culminates both of the aforementioned contemporary aspects, with my aim to add knowledge and understanding to the world.
The listing price is one of the key factors in selling a home quickly. The expert team at the VILLAGE CONCEPTS REALTY GROUP is able to analyze a property using recent homes sales and reveal the home's true market value. Using the latest data, the team is able to prpovide home sellers with an up-to-date Comparative Market Analysis. The in-depth analysis will answer questions, such as , "Are there similar homes in the area priced for less?" With the information provided by the data, the team at the VILLAGE CONCEPTS REALTY GROUP will be able to price the listing so that it is able to compete on the open
The real estate based in Miami Beach, Florida is known to be an affordable market. The price of the properties in this area is below 300,000 USD. There is a common belief that the price of the houses in Miami Beach will be constant in case there is no big change. The price range is highly competitive and all the inventory will be sold out in the next two months. This stands to be the key reason as to why the buyers in Miami Beach come across stiff competition in conjunction with multiple offers. The real estate in Miami Beach holds everything for everyone which incorporates single-family houses as well as condos.
Global market conditions have presented opportunities for investors to purchase assets for less. United States (U.S.) real estate prices are depressed and many firms in the West are starved for cash. The Chinese see this as a prime opportunity to rummage through the bargain bins and to gain technological know-how and international
2) Must be a home buyer (apart from first time home purchasers) who is preparing to acquire a home in a focused area
First, it is highly important to select a top agency to sell the house. For example, Heiner
This paper will seek to provide an overview of the real estate process and its affects on the real estate agent. An agent needs to be knowledgable about the steps required to make a sale, and the risks involved when the sale does not go as planned. Real estate sales require much of the agent, including sacrifices in their personal lives and in their financial stability. Agents must be teachable and willing to seek to see others succeed. A successful real estate sale consists of many steps, sacrifices to personal time, and an agent’s ability to work well with others while remaining incredibly flexible.
After people decide they want to buy or sell real estate, the first step is finding someone to
Procurement of proper real estate training is crucial for all investors, but especially so for newbies. Many types of investing courses are available. Some are offered through home study courses allowing students to learn at their own pace, while others are conducted in a classroom setting.
For years, the Vancouver and Mexico real estate markets have been inundated by foreign investors, particularly those from China. As a licensed Realtor, and expert in these markets, I have been noticing a remarkable trend in the last year. There are significantly less investors snatching up real estate in Vancouver, thus when seeking a home, or seeking to market to those seeking to purchase a property, new strategies are needed from White Rock to Aldergrove.
1. Commercial Bank Richard Ellis (CBRE) is a commercial real estate services company. CBRE positions itself as the global real estate service provider and investment advisor for commercial properties investment. Knowing the nature of real estate business is localization; CBRE also markets itself as local and regional brokerage for smaller scale transaction. CBRE’s philosophy behind its marketing concept is to facilitate market efficiency. Due to the immobile nature of real properties and lack of central real estate exchange system, information on real estate investment is costly and not easily accessible. Through its competitive advantage created by the scale of economy, CBRE is able to satisfy consumers’
An expensive, but effective way of entering the lucrative Chinese buying real estate market is to exhibit properties at real estate trade shows in China, that’s why many international real estate companies come to China to participate in real estate exhibitions
It is the most exciting and also the most expensive way of reaching out to the market of the foreign buyers for international real estate - the costs of flights, hotels, visas plus exhibition fees and translation and interpreting sum up. This method of real estate marketing to foreigners can be effective or just a huge money waster depending on a number of circumstances.
The Real Estate Investment in China is considered a growing business in the future. China being one of most populous place, people are seeking better living places. By seeing this investment opportunity in China, our group was highly interested. We believe that China has considerable amounts of land for this opportunity and our business to grow. Real Estate demand is raising in China since their economy continues to increase as well as people is becoming more wealthier. With our resources and experience in the field, our investment will be on its way.
Choosing passive marketing you minimize your initial expenses and later pay commissions on sales. In this case you actually have no influence on your foreign business partners’ marketing decisions (well, unless you pay them for specifically marketing your properties); and anything they do or do not do is not under your control. They are actually international buyer’s agents over there in the foreign country and only offer your properties (along with any others) to their buyers to serve the buyers’ needs to buy first of all, not yours to sell.