June 08 2015
Recently, USA Today reported on the influx of foreign real estate buyers in Miami. Since I live in Miami, I'm seeing this first hand. But it's the same story in New York, Los Angeles, Houston, San Francisco, Vancouver, Toronto and, to a lesser degree, in other cities in the US and Canada. Foreigners are investing in US and Canadian real estate in droves. There are plenty of reasons for this but the big question is, what are brokerages doing to capture this business?
If you are not actively pursuing the foreign real estate buyer, or at least making it easier for them to do business with you, you are missing huge opportunities.
The statistics are off the charts and money will continue to flow into the US. If you are not improving your position now you are missing out on huge opportunities to tap into a very lucrative market.
To view the original article, visit the PCMS Consulting blog.