REI WEALTH MONTHLY Issue 36 (The Best of REI Wealth Monthly) | Page 91

CONNECTING WITH PROSPECTS WORLDWIDE RICK TOBIN
The popular non­U . S . based social networks include :
* Qzone * Viber * Wechat * VKontake * Sina Weibo * PengYou * QQ ( Chinese instant messenger service with 780 million active users ) * Tencent Weibo ( Chinese version of Twitter ) * Renren ( Chinese version of Facebook with 712 million users ) * Youku ( Chinese version of YouTube ; 2nd most viewed video site worldwide )
Approximately 25 % ( 1 in 4 ) of internet users worldwide are Chinese . The internet market in China is , by far , the largest in the world with well over 600 million users as of 2014 . As such , the number of Chinese internet users is almost double the entire population base in the USA .
Chinese and other Asian residents are big fans of micro­blogging with short messages . There are approximately 85 % of all Chinese internet users who have a micro­blogging type of account which they use on Twitter ( if they can access from their home country ), Sina Weibo , and Tencent Weibo . There are a number of social network sites and other online sites such as “ Google Translate ” which will instantaneously translate a post in English to just about any other language on the planet ( and vice versa ). As a result , it is actually much easier to market to foreign prospects online than in person due to fewer language barrier issues .
The larger the pool of prospects for a real estate agent or seller , the more likely the agent or owner will find a qualified buyer or seller . In many U . S . regions , foreign buyers with all cash for residential and commercial properties may reach upwards of 33 % or 50 %+. While most U . S . agents or property owners do not speak more than just their native language of English , they are quite fluent with Social Media skills .