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Working with Foreign Buyers

by Kijner & Sons International Realty

Kijner & Sons International Realty is proud to be featured in the latest edition of The Residential Specialist*, a magazine by the Council of Residential Specialists (CRS). The CRS designation is the highest credential awarded to residential sales agents, managers and brokers, a symbol of excellence in residential real estate.

To read KSI Realty's interview in the piece written by Ms. Gayle Bennett and entitled "Working with Foreign Buyers. Tips for increasing your international client base", just scroll down on the iframed article below or click here

To learn more about the CRS Designation, click here.




Are you looking to invest abroad? Ask the specialists! We specialize in both residential and commercial real estate with an emphasis on income producing properties and luxury homes. We are servicing France (Paris and Provence-Côte d'Azur), Bangkok in Thailand and the U.S.A with New York City and Miami, Florida.

Contact us today for your a private consultation at
info@kijner.com.

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Note: *
The Residential Specialist is published for Certified Residential Specialists, General Members and Subscribers by the Council of Residential Specialists. The magazine’s mission is: To be a superior educational resource for CRS Designees and Members, providing the information and tools they need to be exceptionally successful in selling residential real estate.

NAR Global Perspectives: Foreign Direct Investment and Immigration

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to share with you the latest report from the National Associations of Realtors® (NAR), entitled "Global Perspectives, October 2014: Foreign Direct Investment and Immigration".

This issue covers important insights on how immigration and foreign investments have a positive impact on the North American housing market and how Economic Development Organizations (EDO) can help connect businesses with foreign nationals looking to invest in residential or commercial real estate and relocate to the U.S.

To read the full report, look below or click on the following link

How can KSI Realty help you invest in or relocate to South Florida? Visit our dedicated page by clicking here

Questions? Comments? Looking to buy a house or a condo in Miami Florida? Contact us at info@kijner.com

Global Perspectives, October 2014: Foreign Direct Investment and Immigration

NAR Global Perspectives: Investment Visas

by Kijner & Sons International Realty


Kijner & Sons International Realty is pleased to share with you the latest report from the National Associations of Realtors® (NAR), entitled "Investment Visas: Competing for Investors on a Global Scale". 

This issue of Global Perspectives takes a spin around the world looking at investment visas, initially examining the U.S.’s EB-5, as well as similar initiatives in countries around the world. Each program uses different levers to attract specific types of capital, investment and entrepreneurial skills - and each is designed to benefit various aspects of a country’s economy.

To read the full February 2014 NAR report, click here or on the image below.




To learn more about the EB5 and how KSI Realty can help you invest in or relocate to the US, visit our dedicated page by clicking here

Questions? Comments? Looking to buy a house or a condo in Miami or Sarasota, Florida? Contact us at info@kijner.com

NAR Global Perspectives: Overseas Retirement

by Kijner & Sons International Realty

 

Are you looking to retire in Miami or Sarasota, Florida or maybe in Thailand? KSI Realty can help! Contact us now at info@kijner.com

NAR Global Perspectives: International Students August 2013

by Kijner & Sons International Realty


Kijner & Sons International Realty
 is pleased to share with you the latest report from the National Associations of Realtors® (NAR), entitled "NAR Global Perspectives: International Students August 2013". 

This insightful report shows that "[u]niversities and colleges in the U.S. and around the world are reaching out beyond their borders, hoping to include substantial numbers of foreign students into their incoming classes. Foreign students (and their parents) are often investing in more than tuition - property may be on their radar too".

Did you know that the U.S. is one of the top destination countries for international students accounting for 19% according to the UNESCO Institute for Statistics? Furthermore, "almost half of all international studies in the U.S. come from China, India or South Korea". Asian investors are thus big potential clients. To read the full August 2013 NAR report, click here or on the image below.

Are you looking to study in Miami or Sarasota, Florida? Are you looking to purchase a property for your children going to college in the Sunshine State? Contact us now at info@kijner.com


NAR Global Perspectives: International Investments June 2013

by Kijner & Sons International Realty


Kijner & Sons International Realty
is pleased to share with you the latest report from the National Associations of Realtors® (NAR), entitled "NAR Global Perspectives: International Investments June 2013". "
This issue takes a look at some of the forces that drive money into international investments, including five major factors that motivate people to invest abroad and five major destinations for international money".

As you will see from this extremely interesting read, the United States make the list of the five major investment destinations for international buyers thanks to being the world's most solid economy - despite the recent recession - and a country where one has a great quality of life in a welcoming environment. But even more interesting, Thailand and Costa Rica are seen as the next international real estate hotspots for investors looking for safety and return. 

To read the full June 2013 NAR report, click here or on the image below.


Looking to invest in or move to the Greater Miami or Sarasota area in Florida, Thailand or Costa Rica? Contact KSI Realty at info@kijner.com

Profile of International Home Buying Activity 2013

by Kijner & Sons International Realty


Kijner & Sons International Realty
 is pleased to share with you the latest report from the National Association of Realtors® (NAR), entitled "2013 Profile of International Home Buying Activity". This report is based on a survey conducted annually since 2007 to measure the level of sales of U.S. residential real estate to foreign nationals. It provides information on international homebuyers and their preferences through data gathered from Realtors®. In this report, the terms "international" referes to both: 

> Type A: Foreigners with permanent residences outside the US and who purchase real estate properties for investments, vacations or visit purposes (they remain less than 6 months in the US)

> Type B: Clients who are recent immigrants (less than two years in the U.S.) or temporary visa holders and who reside for more than 6 months in the US for professional or educational purposes or other reasons

It is interesting to note that international sales accounted for $68.2 billion from March 2012 to March 2013, approximately a 6.3% of the total U.S. existing homes sales (EHS) market of $1.08 trillion for the same period. To most international buyers, the U.S. is seen as a desirable location, a secure and profitable investment with Florida being in the top four states in terms of number of buyers. Leading the way, Canadians and Chinese are the main international homebuyers of U.S. properties. 

To download and read the full NAR report, click here or on the image below.



Looking to invest in or move to the Greater Miami or Sarasota area in Florida? Contact KSI Realty at info@kijner.com

Profile of International Home Buying Activity 2012

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to share with you the latest report from the National Association of Realtors® (NAR), entitled "Profile of International Home Buying Activity 2012". This report is based on a survey conducted annually since 2007 where the terms "international" referes to both: 

> Foreigners with permanent residences outside the US and who purchase real estate properties for investments, vacations or visit purposes (they remain less than 6 months in the US)
> Clients who are recent immigrants or temporary visa holders and who reside for more than 6 months in the US for professional or educational purposes or other reasons

It is interesting to note that from March 2011 to March 2012, international buyers accounted for 4.8% of total US sales, an estimated $82.5 billion of the estimated $928.2 billion total US market sales.

To download and read the full NAR report, click on the image below.

 

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Sourcehttp://www.realtor.org:8119/sites/default/files/reports/2012/2012-profile-international-home-buying-activity-2012-06.pdf

Dealing with International Buyers, What You Should Consider?

by Kijner & Sons International Realty

Last month, Kijner & Sons International Realty shared with you the percentage of international buyers in Florida for 2010 (post that you can access here). As a Realtor®, there are several important elements that you should always consider when dealing with international clients to ensure a successful closing; those elements as you might imagine go far beyond language and cultural differences.

1)   As you might be aware, Real Estate is different from one country to the next and the American way of buy and selling homes through an MLS is quite unique. In most countries, there is no comprehensive, shared and detailed list of all properties available in a market at a given time. Thus, it is your role to make international prospects understand what is the MLS and how to use it to their benefits. Furthermore, in many foreign countries, there is no “Exclusive Right to Sell” agreement between a prospect and a broker as people can easily list their property with as many agencies as desired.

2)   Some foreigners in their home country will never go to an agency to sell or buy a property as there is no concept of “fiduciary relationship” or “due diligences” as we hear it. Instead, they will turn to friends and family or a recommended person for the search and closing parts of a transaction.

3)   Most international prospects do not always understand the existing cooperation between different brokerages; that is, when an agent turns to another brokerage house for a property that might interest the clients and that is not on his/her own listings. In the same way, foreigners might have a hard time with referrals (especially if the referral comes from another state).

4)   Last but not least, you should always keep in mind that international prospects need to go through more legal and administrative steps than regular Americans when purchasing a property in the US. In deed, they might need to open a bank account to wire their money from abroad. In addition, they might have to convert currency and will be waiting for the right time to do so in order to have greater purchasing power. To go even further, you need to ask yourself the right questions: do your clients possess the appropriate visa and residential status to acquire a property and/or reside in the US? Do they have certified professionals to help them throughout the process of acquiring a property (lawyers, CPAs…)? And the list goes on and one depending on each client and his/her investment project of course. 

Displaying blog entries 1-9 of 9

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83-85 Boulevard de Charonne, 75011 Paris, France


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