As international investors and foreign buyers continue to stream into the U.S. real estate marketplace, the ability to support clients with diverse language needs is becoming a necessity for many real estate professionals. Liliana Valencia of Worldwide Select in Miami is no exception. For the past 13 years, she’s been working hard in the South […]
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The following information is provided by the Center for REALTOR® Development (CRD). The terms “international” or “foreign” clients encompass two types of clients that real estate professionals may serve. One type are non-resident foreigners, who are non-U.S. citizens with permanent residences outside the United States, and who typically purchase property for investment, vacations, or other […]
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The following information is provided by the Center for REALTOR® Development (CRD), with assistance from Vani Ungapen, manager, Global Education and Membership, at the National Association of REALTORS®. The real estate market is now global and the demographics of real estate are changing. NAR’s latest report on international home-buying activity in the United States shows […]
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Today’s Ask the Expert column features Cindy Fauth, global marketing manager for the National Association of REALTORS® (NAR). Q: How do global clients differ from domestic clients? A: Working with global clients brings a unique set of challenges that real estate professionals working with domestic buyers don’t typically worry about. From establishing creditworthiness for financing […]
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International homebuyers have more impact on the high-end housing market than on the general housing market, according to the latest Zillow Home Price Expectations Survey for the second quarter of 2017, which surveyed over 100 housing authorities. Those surveyed reported that though international buyers have a major effect on home values in the luxury market, […]
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