More International Home Buyers In South Florida

I market my properties to a worldwide audience as well as work with international buyers. Non-US clients have become a bigger source of home buyers in the South Florida market recently. I believe the weak US Dollar is among other reasons for the increase in foreign home purchases in South Florida.

Our friends from Canada have been frequent buyers of South Florida homes and we are seeing more Latin and European buyers. I recently spoke with a prospective home buyer from England. We work over the phone and via e-mail in an attempt to narrow down the search for an in person visit. This happens frequently with out of town US buyers, such as those in the New York tri-state area.

A recent survey by the National Association of Realtors brought forth this trend.

The survey stated 65% of Florida Realtors have dealt with an international client in the last 12 months.

Florida Realtors in the survey stated international clients have become a larger part of their business in the past two years (33%). Half of the respondents stated international clients accounted for 25% of their business or less.

Almost 40% of the international client based comes from Canada, according to the survey with 15% from the UK and another 14% from Western Europe. Latin America accounted for another 16% and other countries included Germany, Venezuela, Brazil and France.

Marketing properties to international clients is important, as well as working directly with international buyers. Investors from outside the US have focused on the South Florida real estate market. I am working with some and continue to focus on this important customer segment.

If you are seeking to buy, sell, rent or lease your home, please contact me.

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-989-2100

http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser

Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty