Here are a few highlights from the survey covering the 12 month time period from August 2016 to July 2017: Foreign buyers purchased $24.2 Billion Dollars of residential property making up 21% of Florida's residential dollar sales. This represents 61,300 residential properties or 15% of the residential market in Florida. Nationally, foreign buyer purchases account for 5% of national sales volume. Foreign buyers typically purchase more expensive properties. The … (22 comments)
Real estate and foreign currency exchange go hand-in-hand when working with foreign buyers and sellers. For years, I've used XE.com to check on live currency exchange rates. I am happy that XE has a great app for the iPad, iPhone, and Android as well to allow for quick currency exchange calculations. With this app, converting any world currency into the US Dollar - or any other currency for that matter - or vice versa is a snap.
Why is that important for the real estate professional? According to the National Association of Realtors (NAR), … (13 comments)
international real estate: How I Got to Where I am Today in Real Estate
- 06/28/14 08:50 AM
How I Got to Where I am Today in Real Estate Getting into real estate was not necessarily something that I consciously thought about. We moved to our current location in 2004 because my mother-in-law's health was rapidly declining and we wanted to be closer to be able to take care of her. Jobs in our area were not that plentiful especially not for people who didn't want to work in the medical field so one day, I saw a sign that read "sign up to get your real estate license". So I thought to myself, if I don't have a … (15 comments)
There is a familiar face in the April edition of the Florida Realtor Magazine. The focus of this month's Florida Realtor Magazine is on global real estate and internatinal buyers and sellers. Yes, I am thrilled to have been quoted in one of the articles about Community-based Marketing Ideas to reach international buyers in your backyard! My little "blurp" in the magazine is about how to tap into the vacation market in working with foreign buyers. Some of my Florida Realtor collegues read the article before me, I didn't know … (10 comments)
international real estate: Pardon me, Would You be Interested in a French Chateau?
- 03/25/14 10:06 AM
Pardon me, Would You be Interested in a French Chateau? As a Certified International Property Specialist, I often get inquiries not only from international buyers but also from people who want to sell properties located in other countries. I always welcome these questions and do my best to help either myself or by referral. iInternational real estate questions and request are always interesting. Sometime though, it gets a little complicated. This was the case earlier this week when I received an email from a German investment company on behalf of one of their clients. It sounded exciting enough offering me the opportunity … (8 comments)
international real estate: Top Five Global Hot Spots for Real Estate Investors
- 07/11/13 09:14 AM
Top Five Global Hot Spots for Real Estate Investors When investors are thinking about investing in real estate they do not limit themselves by boundaries. Instead, real estate investors think global when they look for good investment opportunities. While the United States of America is a popular investment choice, you may be surprised to learn about the five global hot spots for real estate investors and why global investors choose these markets.
Hot Spot #1: Turkey Turkey currently has the third fastest growing economy within the G-20 nations and ranks as the fourth best opportunity for capital appreciation according to the … (25 comments)
international real estate: Foto Friday: REALTOR Convention, Orlando, Florida
- 11/09/12 07:21 AM
Foto Friday: REALTOR Convention, Orlando, Florida Foto Friday: Pictures of a Convention The National Association of REALTORS Convention is currently held in beautiful Orlando, Florida. There are so many exciting events, education sessions, and networking opportunities going on these days, it's impossible to be everywhere. Here are a few impressions: NAR President, Moe Veissi, speaking during the 59 1/2 Minutes Member Update:
Home Ownership Matters! This wall of signatures was started at the Mid-Year Sessions in Washington, DC, and brought to Orlando. Somewhere in this sea of signatures is mine as well!
International Real Estate: A Modern Home … (18 comments)
international real estate: Back from Vacation and Lots of Catching up to Do
- 07/07/12 12:21 AM
I'm back from vacation and boy, do I have a lot of catching up to do! And not just at work but of course here with my ActiveRain friends and family as well! Do you know when your vacation is working for you? Read on! Just before I left, I entered the Taking Time off --- Fun in the Sun While the Business still Runs contest of the PAWS group, so now that the vacation is over, here is a little follow up. First, if you read my post and commented on it, I thank you! I was so surprised to be selected as … (19 comments)
international real estate: International Congress and Trade Fair in Orlando, Florida!
- 05/20/11 12:31 AM
International Congress and Trade Fair in Orlando, Florida! With so many people coming from all around the world every year, what better place than Orlando, Florida, to host an event that educates and informs real estate professional on doing business with foreign nationals and to grow their global business. Today I am attending the International Congress and Trade Fair that is presented by the Orlando International Council, and is taking place at the Wyndham Orlando Resort. It'll be an event packed with updates and information as they relate to doing real estate business with international customers either in the US but also in other … (9 comments)
international real estate: NARdigras2010 New Orleans - Convention in Photo and Words
- 11/05/10 04:38 PM
NARdigras2010 New Orleans - Convention in Photo and Words The NARdigras 2010 Convention continued with a day packed full of activities and some sightseeing in New Orleans. There is music wherever you go in New Orleans whether it be performed by Jazz musicians, street musicians or expressed in art!
My convention activities started out with some educational sessions on short sale processes and short sale legal issues. Both sessions were very informative and presented by well qualified speakers. The second half of the day I again dedicated to international events and global networking sessions. Did you know there are about 1500 … (5 comments)
international real estate: When a Looney is not Foolish and a Survey is not a Survey
- 07/23/10 08:05 AM
When a Looney is not Foolish and a Survey is not a Survey You hear the word and know the meaning. Or do you? It's not always what you think it is. When working with your international customers, please remember, even when you use the same words, you may not speak the same language! You may hear "looney" thinking of a cartoon or some foolishness and wondering what that has to do with the discussion about currency exchange you are having with your new Canadian client. But what your Canadian client actually said is "Loonie" - the nickname for the Canadian Dollar. By the way, "loonie" … (8 comments)
international real estate: Florida Association of Realtors Convention Orlando 2009 - International Day
- 08/21/09 09:55 AM
Florida Association of Realtors Convention Orlando 2009 - International Day Today was International Day at the FAR Convention in Orlando! I just returned from an eventful day packed with informative sessions back to back! I started the day with a four hour session of "Fundamentals of Commercial Real Estate", an area of real estate that in my opinion provides a lot of synergy with International Real Estate. The International luncheon followed with wonderful food from around the world and great networking opportunities with other international Realtors from around Florida and as far away as the Bahamas! I have a sweet tooth … (4 comments)
international real estate: 2009 Florida Association of Realtors Convention, Orlando
- 08/20/09 10:33 AM
2009 Florida Association of Realtors Convention, Orlando I just spent the day at the Florida Association of Realtors Convention at the beautiful Rosen Shingle Creek Hotel and Convention Center in Orlando, Florida. As expected, it was a eventful day packed with attending informative sessions, networking and of course checking out the various vendors on the exhibitor floor. As member of the International Council of the Greater Tampa Bay Association of Realtors, I worked the FAR booth for our allotted time slot, another great opportunity to meet other Realtors from around the State who also are interested in International Real Estate. Well, that's … (6 comments)
international real estate: Unique Listing: Would you have a buyer for...
- 05/22/09 08:02 AM
... a windmill? I found this listing advertised in my hometown in Germany where I'm currently vacationing and visiting with family and friends. On a stroll through town, I came across the local real estate ads and could not resist to take a look! This was a working windmill until just a few years ago. The new owner can choose to either continue operating it as a windmill or change it into living space. It's offered at 150,000 Euros which is $210,175.14 at todays current exchange rate! At any rate, it's an interesting piece of real estate that would make a … (16 comments)
international real estate: A Random Act of Kindness!
- 04/30/09 10:02 AM
This experience is something I always thought is either something that happens only to other people or it's one of those things that you read about in those chain email letters. A couple of days ago, I was driving to Tampa to attend the International Meet & Greet at the Greater Tampa Association of Realtors. I was cruising the Suncoast Parkway, a toll road, and approached the last toll station, reaching my hand out to hand over my dollar bill. Imagine my surprise when the attendant informed me:"your toll was paid by the person before you...." "Wow", I said "why would they do that?" What … (7 comments)
international real estate: Florida Sunset - Bayport: February 26th, 2009
- 02/26/09 10:57 AM
Sunsets are a special treat of Planet Earth. Each and every day there is a new one somewhere to enjoy and admire and each and everyone is different. Not to mention, they are free entertainment for the entire family! I just returned from Bayport in Hernando County, FL, a little waterfront place where people gather in the evenings to watch the sun disappear into the Gulf of Mexico. Enjoy!
If you are thinking about buying a home or land for personal or investment use, or you are thinking about selling in Hernando County, Florida, including the communities and neighborhoods of Hernando Beach, Weeki … (8 comments)
international real estate: It's Mardi Gras!
- 02/23/09 12:43 PM
Mardi Gras came to New Orleans in 1699 when early French explorers celebrated it on the banks of the Mississippi. New Orleanians added to the celebration by hosting parades and balls. Mardi Gras means "Fat Tuesday" and is celebrated on that day of the week, this year on February 24th. But the date can fall between February 3 and March 9 depending on the lunar calendar that is used to determine the date of Easter. Mardi Gras is always 47 days before Easter Sunday. Ash Wednesday marks the end of Mardi Gras.
Throughout time, different Mardi Gras customs developed … (8 comments)
international real estate: "Life is like a Box of Chocolates..."
- 02/02/09 10:23 AM
And sometimes, life doesn't allow you to do all the things you really want to do. After being away from AR for a couple of weeks, I'm starting to catch up again. Besides having some urgent family issues to attend to and fighting a stubborn cold, I had a busy time with closings and some new listings. Our market is dominated heavily by short sales and foreclosures and buyers are starting to jump on the bargains. Indeed, the bargains are what is driving people to make offers wherever and whenever they can, nevertheless still trying to chip off a little bit more on … (5 comments)
international real estate: January 14, 2009: Today is Global Networking Day!
- 01/14/09 12:38 AM
Today is Global Networking Day online at www.RealEstateConnections.tv! If you don't know about this site but like to connect with agents in other countries, you should take a look at this site. It's full of information about real estate-related issues in the US and abroad. Yet another networking site, it is dedicated to international real estate and offers blogs, networking groups, webinars.... you go check it out yourself! This event is organized by NAR International and designed to expand your global network. Registration on the site is FREE! If that's not enough incentive, here is another one: If you log in today, you will automatically … (2 comments)
international real estate: Off to CIPS Class!
- 12/03/08 05:30 AM
I am excited that this week, I will attend the first and requisite course towards the Certified International Property Specialist designation. Already having successfully represented international buyers in four transactions just in the second half of this year, I feel I have fulfilled one of the - in my opinion - major requirements of the certification. Working in a market that is dominated by short sales and foreclosures, I realized that more than half of the dollar volume in sales for me this year came from international buyers. This is definetely a market niche that I feel comfortable in and want to … (7 comments)
Professional real estate service above and beyond expectations in Hernando County, Spring Hill, Brooksville, Hernando Beach, Weeki Wachee, and the Greater Tampa Bay area. Waterfront and Golf Course properties. Florida Immobilien und US Anlagen.
Florida is a popular destination for home buyers from foreign countries as indicated by the 2017 Profile of International Activity in Residential Real Estate in Florida released by the National Association of REALTORS (NAR). 
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