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Are you claiming your share of Foreign Buyers?

By Sharon Richards

Real Estate Agent with Kirsten Realty Tampa Florida

October 01, 2008 03:42 PM

The first thing to do is research to see what foreign investors are buying in your market area, and then market to them. 67% of foreign investors in my area pay with cash. Some web sites to check out www.worldproperties.com, www.realtor.org - another way to do research to get information on International home buying activity for your area. The reason for them to buy, the weak U.S. dollar, low interest rate, low house prices than previous years.

Worldproperties has a marketing resource center and it is free. Your second thing would be set up a marketing plan, and then implement your plan.

It will help if you join International groups, like www.FIABCI.com or maybe your Realtor board, or your city has a International group. Go to Trade shows, Take International courses, Get your TRC, CIPS

designations. Hope this helps anyone who wants more business in this slow market.

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Larry Story ALC

Total Care Realty - Greensboro, NC

Beneath it all is the Land, Covering all of NC

Sharon,

I have clients in England, Japan, Switzerland, and now Luxembourg. It is all in how you present yourself and in some cases understanding the culture.

Oct 01, 2008 03:49 PM

Lou Ludwig

Ludwig & Associates - Boca Raton, FL

Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Hi Sharon

Great information regarding the international market, the United States is still the safe haven for international buyers and investors.

Good luck and success

Oct 01, 2008 03:51 PM

John Hurbon

Homesmart International Tucson,AZ - Benson, AZ

Thanks for the blog and expanding my dreaming horizons.

John Hurbon from Benson, AZ

Oct 01, 2008 03:52 PM

Bill Parecki

Elite Pacific Properties - Hilo, HI

RS, ABR, RDCPro, SFR, E-Pro, SRS, AHWD, Green

Aloha Sharon,

You are right on the foreign market. I have been marketing in Japan and also in Canada. Both countries have been working out well

Oct 01, 2008 03:56 PM

Sharon Richards

Kirsten Realty Tampa Florida - Tampa, FL

Larry,

You are correct. A book that helped me "Kiss, Bow, or Shake Hands.

Oct 01, 2008 04:06 PM

Lou,

Yes, you are right, it is still a safe haven.

Oct 01, 2008 04:07 PM

John,

Keep Dreaming!

Oct 01, 2008 04:22 PM

Mike Wong

Keller Williams Realty Southwest - Sugar Land, TX

Realtor: Commercial, Residential, Leasing, Invest

Right now there are many foreign investors looking to buy in the USA, and there are many great opportunities. Its up to us to educate them and show them the best investments that fit thier needs.

Oct 01, 2008 04:35 PM

Norma Toering Broker for Palos Verdes and Beach Cities

Charlemagne International Properties - Rancho Palos Verdes, CA

Palos Verdes Luxury Homes in L.A.

Sharon - This is an area I want to explore. Thanks for reminding me of another area of opportunity.

Oct 09, 2008 03:21 PM

Myrl Jeffcoat

Sacramento, CA

Greater Sacramento Realtor - Retired

Sharon - From what I gather from a friend in Sarasota, Florida has more international buyers than we do here in Sacramento. My friend tells me that many Canadians are buying property in your state.

Oct 14, 2008 12:27 PM

Myrl,

I am not sure that is true for your State is popular with the International buyers. In Florida, we also have buyers from Europe.

Oct 14, 2008 12:54 PM

Are you claiming your share of Foreign Buyers?

Comments(11)

Sharon Richards

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