Comments on: Boost Your Business with Foreign Buyers http://www.realestateindustrywatch.com/boost-your-business-with-foreign-buyers/ Real Estate Industry News & Info - Up to the Minute Sun, 29 Aug 2010 06:15:23 +0200 hourly 1 http://wordpress.org/?v=3.0.1 By: Jeff Oleary http://www.realestateindustrywatch.com/boost-your-business-with-foreign-buyers/#comment-1520 Jeff Oleary Tue, 05 Jan 2010 21:09:29 +0000 http://www.realestateindustrywatch.com/?p=2580#comment-1520 It makes sense that foreign buyers are purchasing with more cash, the rules for getting a mortgage are much tougher for a foreigner. Plus, the majority of people who can afford to own real estate in other countries usually have more money to begin with. It makes sense that foreign buyers are purchasing with more cash, the rules for getting a mortgage are much tougher for a foreigner. Plus, the majority of people who can afford to own real estate in other countries usually have more money to begin with.

]]> By: Roy http://www.realestateindustrywatch.com/boost-your-business-with-foreign-buyers/#comment-1404 Roy Wed, 23 Dec 2009 17:26:19 +0000 http://www.realestateindustrywatch.com/?p=2580#comment-1404 Great post! More and more foreigners are now considering into real estate investments as they dream of having a home in a foreign land. Thus bringing your business online will be of big help to attract foreign buyers. Great post! More and more foreigners are now considering into real estate investments as they dream of having a home in a foreign land. Thus bringing your business online will be of big help to attract foreign buyers.

]]> By: Ken Schmidt http://www.realestateindustrywatch.com/boost-your-business-with-foreign-buyers/#comment-1388 Ken Schmidt Tue, 22 Dec 2009 00:21:30 +0000 http://www.realestateindustrywatch.com/?p=2580#comment-1388 I am a Real Estate agent in the Phoenix Arizona area and we are seeing ALOT of Canadian buyers right now. Especially this time of year when our weather is great. Mostly they are shopping and buying in retirement communities. Mostly are paying cash. I am a Real Estate agent in the Phoenix Arizona area and we are seeing ALOT of Canadian buyers right now. Especially this time of year when our weather is great. Mostly they are shopping and buying in retirement communities. Mostly are paying cash.

]]> By: Brian Kinkade http://www.realestateindustrywatch.com/boost-your-business-with-foreign-buyers/#comment-1331 Brian Kinkade Tue, 15 Dec 2009 05:49:09 +0000 http://www.realestateindustrywatch.com/?p=2580#comment-1331 Besides the Internet, which has been a good source of leads for me, I'm actively seeking out foreign buyers through networking. I have my Transnational Referral Certification, see <a href="http://www.realtor.org/cipshome.nsf/pages/trc" rel="nofollow">http://www.realtor.org/cipshome.nsf/pages/trc</a>. I'm close to earning my CIPS, or Certified International Property Specialist designation, <a href="http://www.realtor.org/cipshome.nsf/pages/cipshome" rel="nofollow">http://www.realtor.org/cipshome.nsf/pages/cipshome</a><code>. I am also an active member of FIABCI-USA, The International Real Estate Federation, see <a href="http://www.fiabci-usa.com/" rel="nofollow">http://www.fiabci-usa.com/</a>. FIABCI is a world wide group of real estate professionals for which I am proud to be a member of. Foreign buyers may be interested home buyers, second home buyers, investors or all of the above. I would seek out like minded agents in your area or beyond and get involved with available education and/or networking opportunities. I'll continue to contribute more posts as time permits with focus on identifying other opportune areas foreign buyers are actively purchasing. Besides the Internet, which has been a good source of leads for me, I’m actively seeking out foreign buyers through networking.

I have my Transnational Referral Certification, see http://www.realtor.org/cipshome.nsf/pages/trc. I’m close to earning my CIPS, or Certified International Property Specialist designation, http://www.realtor.org/cipshome.nsf/pages/cipshome.

I am also an active member of FIABCI-USA, The International Real Estate Federation, see http://www.fiabci-usa.com/. FIABCI is a world wide group of real estate professionals for which I am proud to be a member of.

Foreign buyers may be interested home buyers, second home buyers, investors or all of the above. I would seek out like minded agents in your area or beyond and get involved with available education and/or networking opportunities.

I'll continue to contribute more posts as time permits with focus on identifying other opportune areas foreign buyers are actively purchasing.

]]> By: Brian Kinkade http://www.realestateindustrywatch.com/boost-your-business-with-foreign-buyers/#comment-1283 Brian Kinkade Sat, 12 Dec 2009 23:55:30 +0000 http://www.realestateindustrywatch.com/?p=2580#comment-1283 From this article and the 2009 NAR Profile of International Home Buying Activity report linked in one of my earlier posts, http://www.realestateindustrywatch.com/us-market-still-attracts-international-buyers/, it would appear several of the very active states are Florida, California, Texas and Arizona. I have broker friends in Florida who confirm that purchases of luxury homes in this state with cash is not unusual. While I would presume much of the cash buying occurred in these states, I would expect cash purchases of property is not limited to just those parts of the country particularly as International buyers expand their investment opportunities in other parts of our country. From this article and the 2009 NAR Profile of International Home Buying Activity report linked in one of my earlier posts, http://www.realestateindustrywatch.com/us-market-still-attracts-international-buyers/, it would appear several of the very active states are Florida, California, Texas and Arizona.

I have broker friends in Florida who confirm that purchases of luxury homes in this state with cash is not unusual. While I would presume much of the cash buying occurred in these states, I would expect cash purchases of property is not limited to just those parts of the country particularly as International buyers expand their investment opportunities in other parts of our country.

]]> By: Robert Worthington http://www.realestateindustrywatch.com/boost-your-business-with-foreign-buyers/#comment-1282 Robert Worthington Sat, 12 Dec 2009 23:27:43 +0000 http://www.realestateindustrywatch.com/?p=2580#comment-1282 I do find it interesting that nearly half of these home buyers are paying cash! Is there any statistical data that shows where these homes are being purchased? I do find it interesting that nearly half of these home buyers are paying cash! Is there any statistical data that shows where these homes are being purchased?

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