Chinese nationals have invested over $870 billion abroad from 2006-2014 according to data from the Heritage Foundation: much of it in real estate.
Some realtors and agencies are living the high life and others are wondering what happened. As these investors become landlords and flip properties, who do you think they will use? New agents they don’t have a relationship with? Who don’t know their needs or agents that they already know and trust? So in the future, we will see early movers increase their lead and dominance. Do you want your agency to be a leader in selling to wealthy international buyers?