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Working with Real Estate Investors is Diversity

By
Real Estate Agent with The Virtual Real Estate Team 104556

I have a lot of investors and almost all of them are out of state. Many of them are from California and a good portion of them are in the tech industry. Recently I have had a slew of Facebook IT people and I spoke to quite a few of them in San Francisco a couple of weeks ago. Just in the last few weeks I have had visits and sales with people from Russia, India, Vietnam, China, and Israel and all challenge me not only in language to make sure that we communicate and connect, but also in cultural differences that are very important not merely to observe but also pay respect to. The worst thing I can do is expect everyone to think like I do, to believe like I do or even act like I do. To expect that for me would be the height of arrogance. 

Not only would it be arrogant to shoehorn them into my world view it would also be counter productive. Traveling outside the US and integrating into other cultures is something that gives one new meaning and an understanding that Americans are not the best at everything. Just eating with Italians makes that abundantly clear. To open ones mind to what others can bring to you is a mind altering experience and for that you don't need drugs. As a native Oklahoman who grew up in a homogeneous society the joy of working with people from other cultures is a treat and it has made my world better. Tomorrow I have an investor in from San Jose who is originally from Israel and it will be my pleasure to listen and observe. The common language we will have is return on investment numbers and of course that will be the basis for our interaction, but the opportunity to learn will be my agenda also.

Many Rainier's here come from cities of diverse cultures but many do not like myself in Oklahoma. In the last ten years Oklahoma City has thrived and is not the 9th fastest growing metro over one million in population. The influx from the outside is changing our city but of course this isn't California or New York City. My job and purpose is to build long term wealth for others by investing in real estate but as a REALTOR® it is wonderful that their is a world of wealth in learning from diversity. We are a privileged group.

Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Last weekend I was In London, my home city, and just listening to all the languages around me on the streets, in the coffee shops, on the "tube" was fascinating. You make a very good point that we can learn from each other if we are willing to listen and observe. 

Mar 24, 2017 02:44 PM
Joe Pryor

Nick & Trudy Vandekar A few years back I worked with a European hedge fund investing in US real estate and dealt not only with those from London but other people in the country from France, Switzerland, and Finland to name a few. It was a challenge.

Mar 24, 2017 02:50 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Joe,

I wholeheartedly agree with you, that we can learn from each other.  It sure beats fighting and declaring wars.  Wishing Charlene and you a great weekend.  A

Mar 24, 2017 04:34 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Joe - I worked over 8 years for an international software company.  It was wonderful to have the experience of working with folks from so many cultures. Each and every day at the company was an amazing adventure!  We had an East Indian girl, who would often come to work elegantly dressed in her sari.  However, even though she was 100% Indian descent, she had been born and raised in Australia.  She had the Aussie accent and ways.  She simply couldn't understand why we didn't close shop every day at 2:00 pm, so we could go to the pub!  Hilarious!  She cooked the most amazing Indian food ever. . .But, she could also toss shrimps on the barbie!

Mar 25, 2017 07:04 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

This topic is especially timely and meaningful right now, Joe Pryor .. so thank you for so artfully and graciously tackling it.  To  my  mind, we stand to gain so much by sharing with each other ... far beyond monetarily.   We must open ourselves to the possibilities that exist ...

Gene

Mar 25, 2017 10:15 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Joe Pryor - It takes a special person to appreciate a vast array of cultures and succeed in business. You're absolutely right! Many people who are successful are those who came from foreign countries or traveled and lived in different parts of the country. You're the first one I know who is successful and you're home grown from Oklahoma!  In my opinion, that makes you even more special!  

I absolutely appreciate the comments about those who understand where you're coming from, especially summarized by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi. When I lived and worked in Denmark, ME, the majority of Camp Counselors and campers were Internationals. Although I got along with them, it wouldn't make me an expert in selling Real Estate to them.

Joe, I admire you and respect you very much. Your success is well deserved.

Patricia 

Mar 25, 2017 07:00 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Great perspective, Joe. Investors are a very small piece of my business, but now that you've made me think about it, they are also a very diverse group. I am amazed at the broad scope of international investors with interest in Oklahoma City real estate.... most people I run across overseas don't know what an Oklahoma is...   Of course, I grew up as polyglot... and in NYC, which back in the 1950's was a melting pot of many cultures.

Mar 26, 2017 06:29 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

That is definitely your niche and you are doing a top notch job at it. I can see why you always have a smile on your face.

Mar 26, 2017 06:31 PM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, Joe, for sharing some of your successful business practices. We have a very diverse population in the DC Metro Area. 

Mar 27, 2017 05:37 AM