4 Tips for Working with Foreign Buyers
Practitioners who focus on the foreign buyer population, along with local sellers, can enjoy a thriving business — especially in markets like California, Texas, and Florida. In the former two states, roughly one out of every 10 residential properties is bought by someone outside of the country; in the Sunshine State, the share is about one in three.
Andrew Taylor, founder of Juwai.com, the top Chinese property portal for real estate in the United States and worldwide, offers his advice on working with foreign clients.
International real estate opportunities are everywhere. New people move to the U.S. from other countries every day and foreign-born individuals residing in the U.S. move to new markets. Americans in your current market invest in property overseas. No matter which international audience you cater to, the Certified International Property Specialist (CIPS) Designation will provide you with the knowledge, research, network and tools to globalize your business.
By earning your CIPS designation, you will gain access to the CIPS Network. This members-only group is specifically for international practitioners of the National Association of REALTORS® who have earned the CIPS designation. Comprised of over 2,000 real estate professionals specializing in all types of real estate, the CIPS Network provides a 360° view of the global market. In any type of international real estate transaction, members are consumers' best and most trusted resource for navigating the international market