U.S. Real Estate Agents Selling International Property

The dollar has been steadily losing value against most major currencies for several years, and it appears that the dollar has further to fall, given the Federal Reserve’s commitment to dropping interest rates in hopes of spurring the economy out of recession. This provides an opportunity for real estate agents to market to two new types of clients.

Foreign investors

As currencies in other nations rise against the dollar, it becomes less expensive for foreign investors to own real estate in the United States. Not long ago, I read an article about how real estate prices were continuing to rise in Manhattan, despite the general real estate malaise. It turns out that this was primarily influenced by foreign investor purchases.

I just talked with Amy Phillips from Deedquest, a real estate analysis website. A majority of visitors to her site are international investors researching U.S. real estate opportunities. International investors are out there and searching. Do you have a web presence that helps cater to those investors? My guess is that few do, so there seems to be much opportunity still available to claim that Web real estate.

Americans investing abroad

Americans looking to purchase in other countries are another group that offers opportunities for real estate agents. Though most real estate is becoming more expensive for this group as a result of the declining dollar, purchasing property in other countries is a way for investors to diversify. For example, an American purchasing property in Canada would own an asset valued in terms of the loonie. Even if the property didn’t appreciate, the investor would experience a gain if the dollar dropped in value with respect to the loonie.

In my experience, there are many Americans interested in foreign property. The difficulty is getting past the knowledge and distance issues. This is much easier to overcome if there is a trusted, local service provider that specializes in a specific foreign area and visits it regularly. Could you be that trusted, local service provider? Would it be that bad if you had to regularly visit Mexico, Costa Rica or Brazil?

Labels: , ,

Subscribe to NuWire's free weekly investment newsletter:
Your information will not be shared


March 20, 2008 at 2:22 PM skylane said...

Vacation, second home, and other investment property in Central America is generally priced in dollars. Therefore, they are bargains for the European buyers.

March 20, 2008 at 4:22 PM Raul said...

Argentina is today the best place to invest ; cheap sq meter; new units ; best locations;Buenos aires the Paris of South America;,I live in the States but bought many units;
Need more information, email me
Thank you

May 17, 2009 at 1:51 AM RealEstateClub said...

There is one company who serves as a meeting point for International Investors to American Real estate properties. They actively accompany Foreign investors along with local pros to help them acquire bargains.
here's their website: 1codcapital.com

December 14, 2016 at 4:44 AM rchandra said...

January 11, 2017 at 8:01 AM SRK said...

June 7, 2017 at 2:56 AM Jack Iris said...

Hi, I agree with you. Really this blog is very informative.

RRB Chandigarh Result 2017
RRB Bilaspur Result 2017 Date & News

March 25, 2018 at 10:13 PM Adi Singh said...

NextinCareer strives to provide you a platform to solve your queries and doubts related to your career. May it be What do you want to Study next or Which career option you want to pursue in future.

May 17, 2018 at 6:19 AM Hemant Roy said...

August 2, 2018 at 5:13 AM jyoti chauhan said...

Entrancezone is best education online portal in market. Latest information about education is JEE Main and NEET 2019 Exam will be conducted in two times in year. Stay here for further details.

September 3, 2018 at 2:02 AM PK B said...

September 3, 2018 at 3:33 AM Jhone Smith said...

September 25, 2018 at 5:56 AM Priya Sharma said...

Post a Comment


© 2010 NuWire Investor and NuWire, Inc. All Rights Reserved.