The Houston real estate market is a booming market for international buyers and sellers, thanks to Houston’s global business economy. Working with international clients requires special competencies, and here at KW Energy Corridor and KW Memorial, we make sure you have what it takes!
One benefit of a large brokerage is the ability to find agent experts in many different areas of the real estate business. Agents with similar areas of competency can get together and exchange ideas, which creates a special synergy. Our International Division is one such example. We have many real estate professionals that operate successfully in the International real estate market, and they come together regularly to compare notes and share tips and tricks that have helped them in their businesses. Because knowledge is key, our International Division regularly brings speakers that are knowledgeable in this unique market segment. These experts help keep you informed about issues that are faced by international buyers and sellers, so you will know exactly how to assist them.
We are also members of the International Consortium of Real Estate Professionals (ICREA). This helps keep you current on the complexity of international transactions, so that you can smoothly talk your clients through the process, whether they are international buyers or local sellers.
For example, did you know that according to the National Association of Realtors, international buyers typically pay double the U.S. median home price, and pay cash 55 percent of the time? If you’re working with a local seller and an international buyer, this is important information to know and to share with the seller!
Did you also know that international buyers have increased by 13 percent over the last 12 months and account for $104 billion in sales from April 2014 to March 2015? This is a huge part of the Houston real estate market, and not one that you want to miss out on!
Keller Williams has an international MLS, global marketing and networking platforms that make KW the leader in worldwide property syndication and agent referrals. Listing inventory is uploaded daily, assuring visibility to 650,000 real estate professionals from over 150 countries and six continents! Buyers from all over the world can search properties in 19 languages and 55 currencies.
China is currently the biggest group of international buyers, at 16 percent, and with KW Energy Corridor and KW Memorial, you know that your listing will receive broad exposure to the Chinese market, utilizing the most popular real estate search portals in China.
International migration is increasing, and with the rise of new economies, and the ease of transportation, it isn’t expected to slow down anytime soon! Currently, 3.2 percent of the world population is living in a different country than their origin, and the United States is the top country for inbound migration, at 45.8 million.
If you are interested in seizing the expanding opportunities that come from working with international buyers and sellers, or if you already operate successfully in this market segment, then you should consider positioning yourself at a brokerage with the tools and contacts that will help you take your business to the next level. To learn more about the International Division at KW Memorial or KW Energy Corridor, contact team leader Michael Bossart at email@example.com.