Florida Agency Teams Up With European Real Estate Network
With a weak dollar and a morbidly slow market in Florida, the real estate firm of Michael Saunders and Co. has teamed up with the European Real Estate Network. This alliance is a smart move. With slightly declining prices in US dollars and rapidly declining prices in British Pounds or Euros, real estate in the United States is rapidly becoming a bargain for European investors.
And isn’t this how capitalistic economies work. When supply is too great, prices drop. When prices drop far enough then the value for distant buyers increases and they make the effort to enter a market that they normally would not. When this occurs enough capital comes into the market to cause it to stabilize and rebound.
The biggest factor for overseas buyers is the complicated tax laws and conflicts that have to be addressed. If you are looking into attracting international buyers try to team up with a excellent tax accountant or attorney to make sure that the buyers are not put in a bad position to get the deal done.
On the heels of signing a deal to become part of the European Real Estate Network, Michael Saunders & Co. has formed a new alliance to help in international buying and selling, spokesman Tom Heatherman said Monday.
Mayfair International Realty is teaming up with Michael Saunders & Co. to attract international buyers. The company consists of 125 brokerages with 350 offices throughout the United Kingdom. “This completes the whole package,” Heatherman said.
The European Real Estate Network has representatives in 10 European countries and now, in addition to its affiliation with Michael Saunders & Co., has a New York affiliate as well. via Bradenton.com
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Comment by dean on 6 November 2007:
Tom,
It would be really interesting to compile a list of the top blogging European Realtors, brokers, mortgage professionals and industry affiliates.
I wonder if we would see the same type of adoption rates in Europe, to blogging, as we are seeing here in the US?
A list of the top agents in Europe would also give those investor(s) bloggers here in the US a new niche to contact. I am guessing that New York and Florida based brokerages who blog now would be very interested in this information?
Dean
Comment by West Hampstead Estate Agents on 6 November 2007:
We’re in London if you need us
Comment by Sundream Estate on 7 November 2007:
And we´re in Marbella Costa del Sol Spain if you need us and we have many contcts with agents in U.S. but we need more.
//Lenny
Comment by dean on 7 November 2007:
Dear West H and Sundream,
Tom provides a fantastic forum and rich variety of information on real estate and blogging.
Is there a site that ranks real estate brokerages in your respective countries or for Europe?
I would love to learn more about your businesses, your interest in real estate in the U.S., and how blogging is helping your business interests.
Dean
deansguide.wordpress.com
Pingback by Realtor’s Down Market Survival Kit Tool #5 “Global Markets”: Get Off Your Local Porch and Think Globally « DeansGuide on 7 November 2007:
[...] therealestatebloggers.com wrote a template wake up call about European and US real estate alliances “Florida Agency Teams Up With European Real Estate Network.” The alliance is between Michael Sanders & Co and the European Real Estate Network at [...]
Comment by West End Estate Agents on 8 February 2008:
If you need any help with London’s West End, we are real estate specialists in Fitzrovia, Soho, Covent Garden, Bloomsbury and Marylebone
Comment by Paris France Real Estate on 10 January 2009:
The situation in the real estate market has changed and cooperation between Europe and United States became more actual. Up to date info will help you to make a proper decision. If you’re need to learn more about Paris real estate market you can find useful info here http://www.flat-hunter.com.