Why luxury real estate agents should follow international markets

  • Foreign buyers interested in U.S. luxury real estate provide tremendous opportunities for high-end agents.
  • Market volatility in other nations means that these buyers are seeking politically and economically stable locations to invest.
  • The foreign countries with the top three largest shares of high net worth homeowners in the U.S. are Canada, the U.K. and China.

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

It's easy to fall into the rut of just observing what's directly in front of you. My advice: don't do that -- broaden your horizons. When it comes to luxury real estate, be willing to reach out to the international market as well as the local sector. Foreign buyers are interested in high-end U.S. real estate. International gateways can provide tremendous opportunities for luxury real estate and high-end agents. As a first-class luxury real estate agent, you should keep up-to-date about the latest trends in foreign purchasing, the buyers' motivation and their preferred places of investment. aslysun / International buyers International buyers have a reason for their interest in U.S. property -- and you should understand that motivation. In other words, stay informed about the state of affairs in foreign countries and economic circumstances in the U.S. Such research on your part leads to a better understanding of the luxury and ultra-luxury markets and...