Connect Magazine May/June 2017 | Page 20

REACH BACK - LEAP FORWARD... AND IN THAT SENSE GO GLOBAL BY SANDRA HUBER, MILOFF AUBUCHON REALTY GROUP Hello ladies and gentlemen, the International Business Committee Crew of the Royal Palm Coast of Realtor ® Association would like to welcome you aboard flight 007 - no mission is impossible. Europe 41% North America 39% Latin America & Caribbean 8% Asia 6% Unknown 6% Please make sure to keep your seatbelts fastened as are And further more it shows us a breakdown by countries: have an exciting journey planned for you this year. Canada still makes the biggest segment with 39% Germany 20% UK 7% Norway 4% Switzerland 4% The 2016 Profile of International Activity in US Residential Other 15% Real Estate (published by the National Association of Unknown 6% Realtors ® ) shows the following five States to be the top As the world is turning - business needs to be revitalized destination for International Buyers: at times. In real estate more than ever before, we are experiencing the globalization. While Foreign Buyers 1) Florida 22% are coming into our market to buy, be it due to currency 2) California 15% exchange, a long in the works dream, investment... we 3) Texas 10% also see Americans venturing out, buying second homes 4) Arizona 4% overseas. Current studies show that Americans are 5) New York 4% venturing off to the Central and South Americas. This also shows us that these five states account for more than 50% of the International buyers purchasing residential With all tools available to real estate professionals in our day and age, it is almost like being presented the opportunity property in the US. on a silver tray to expand our business internationally Looking closer into Florida, the Fort Myers/Cape Coral by creating an international network of dedicated and area ranks #4 in destinations for foreign home buyers as educated real estate professionals worldwide. per the 2016 Profile of International Residential Real Estate Whether entering the global market or working with Activity in Florida, published by NAR. foreign buyers in our own markets - we need to be Pinning down our market, the report shows that the buyers prepared to pay attention to some little details: are coming from the following geographical areas: 1) Other countries might do business differently than we We now have reached our cruising altitude and we recommend that all of you turn your mobile devices back on. We wouldn’t want you to miss out on the wealth of information and fun this year. 20 RPCRA.ORG | MAY/JUN 2017