In this article, we offer some practical advice when dealing with beachfront buyers. Here you will find tips from an on-the-frontline agent in coastal North America, Diane from Keyes.com, to glean some insights on being an agent during this unique time.
Summer vacation is the perfect time for foreign buyers to scope out the area where they have found a potential property to buy. It is common practice to visit the selected property as the final step before buyer’s seal the deal. Add this to an appetite for summer vacation plans and it is a well-balanced serving of business and pleasure.
In a typical year, the real estate would begin its Spring boom right about now; however, 2020 will be no typical year. The Coronavirus pandemic has undeniably impacted the spring schedule, making it likely that real estate market activity is going to be pushed further into the spring and possibly into the summer months. With many people postponing (or cancelling) summer holidays and hundreds of millions being placed on lock down, buyers and sellers have been looking at properties online, even more so than they usually do. When society resumes its normal rhythm, and it will, pent-up demand will likely yield a surge of activity in the market. As a real estate professional, you’ll want to capitalize on this interest and hit the ground running. Make sure you are positioned properly through ListGlobally’s global listing coverage and integrated platforms to help you secure new business.
The coronavirus crisis has now reached Europe, causing a considerable slowdown in everyone's daily routine. But what are the consequences of the ‘stuck-at-home’ scenario for potential buyers and users of the ListGlobally real estate portals?
Your listings are published on ListGlobally’s Network? Congratulations, you are now reaching a large audience of international property buyers!
Real estate is one of the most challenging industries in recent times. But thanks to various innovative strategies and solutions, the industry continues to improve with each passing day. This is why marketing and advertising strategies for the sector continue to evolve as agents strive to be noticed.
Consumer traffic data recorded from listing performance across the ListGlobally network has shown that in 2018, Foreign consumers that displayed the greatest level of interest in U.S. properties were Chinese consumers at seven percent (7%). French consumers accounted for five percent (5%) of total consumer interest, and UK citizens made up one percent (1%) of total consumer interest.
If succeeding in the national market already requires a lot of work, working in the international market is even harder. The competition is fierce and it requires you to be different and to expand your area of expertise.
You would expect that 100% of foreign buyers get an answer from the real estate agents they contact. After all, real estate agencies pay to list on property portals, to attract domestic buyers as well as foreign buyers.
You haven’t missed the “global marketing party,” but you sure are arriving fashionably late. Global buyers have been fixated on securing overseas property investments for years, leading some markets to implement bans and increase taxes to curb interest.
