Have you just returned from a lovely vacation in Europe? Has this made you want to buy a home in Europe or maybe in Australia? When a person wants to buy a property in a country outside theirs, it is referred to as international real estate. There might be various reasons why people are interested in picking up a space in a foreign land. They would have visited the place on work or holiday and would have fallen in love with the architecture or lifestyle. Or there is a possibility of changing jobs and having to move to that country in the near future. All this would mean that they would want to look into the real estate situation there and maybe buy a place. For some others, it is a form of investment, which could give them tax relief.
And if there is a company selling international real estate they should try and leverage on the tourists and corporates to build their business. If they were to touch upon people who have been frequently visiting a particular place or making enquiries about real estate rates, they should get into a discussion with them and offer their services. The real estate company should provide information pertaining to laws and rules laid down in the foreign country regarding outsiders buying property. There might be some countries that restrict ownership of land by non residents. The company must provide services to all those who are from places they deal with so they can convince them into buying a property.
The international real estate company should have a website that provides all possible information to the interested parties. Make a mention on your page as to which is the countries that you have business in so that the buyer would know when to approach you. Also have tie ups with various resorts or farm houses builders because you might have noticed an increase in number of retired people settling in those areas. They might want to move to Vienna and settle down in a beach house. So if you had such property in your control, you will be able to attract these people. Apart from all this, for a person from another country, they need to be given guidance pertaining to the currency rates, exchange rates, and about the lifestyle of the foreign land. They might beware of it from a tourist point of view, but you should educate them about tax system, education, employment opportunities, and local law and so on. This will enable them to gain confidence in your services and employ you to do the search for them.
Maria Gudelis, an International Real Estate Investor says 'International real estate goes beyond just helping people find a plot, it is to do with helping the person make the transition and settle into their new homes.'Financial loans, the mortgage values, and papers required are some other areas where people will need extra assistance in. You must guide them through each step ensuring they know what they are getting into.