Americans Moving Overseas. –How to prepare.
Moving overeas- while this article is primarily targeting Real Estate professionals, I thought it might be useful to many of my customers as well.
If you need more information, of course I am CIPS certified and as you probably guess, as a German citizen know a LOT about the European market
and can help you in making decisions, finding spaces and making contact!
Hope this “moving overseas” article is useful to you!
Posted in International Real Estate, NAR Global, Research, by Charlee Gibson on February 2, 2018
However, have you considered looking at the countries Americans are moving to?
The U.S. State Department estimated that 9 million U.S. citizens lived abroad in 2016, which is a substantial increase over the previous decade.
REALTORS® located both in the U.S. and abroad can benefit from understanding who is buying abroad,
where they are buying, and what’s driving their decision to move.
1. Where are Americans moving?
Check out where REALTORS® report their clients were moving in NAR’s
2017 Profile of International Activity in U.S. Residential Real Estate.
2. Why are they moving?
Americans choose to move abroad for a variety of reasons, and understanding these influencing factors
can help you market your services to them.
For instance, someone purchasing a vacation home now might ultimately plan to use it for retirement.
Have your RSPS or SRES designation, in addition to CIPS? Use those credentials to market yourself!
3. What referral contacts do I have in those countries?
After identifying what markets are hotspots for those in your market, check to see if there’s a CIPS designee
in that market to assist potential clients.
By using your network to share referral business, you are putting your client (and reputation) in the hands
of someone who is trained in international transactions and opening the door for that designee to send future
referral business to you.
There are nearly 4,000 CIPS designees in 48 countries.
Search for a CIPS designee and start making the connections you can’t afford not to have.