Think international buyers don't exist in your area? This National Association of REALTORS® blog post [1]details what you should know about this dynamic market, and how to learn more about its impact on your local area.
Global is the new local. REALTORS® seeking to do business in the future need to embrace relationships with people of different cultures. Read more. [6] | IAR holds fourth Multicultural Summit in Oak Brook [7]
The Hispanic community will be the force behind the revialization and growth of the economy.In the 2012 State of Hispanic Homeownership Report [8] published by the National Association of Hispanic Real Estate Professionals, Hispanics continue to lead population and household growth in America. In 2012, Hispanics accounted for 355,000 (51%) of the total net increase of owner housholds in the U.S.
2012 Vacation Home Sales Up, Investment Dips but Stays Elevated, Prices Rise
Traditionally, the majority of home buyers make a primary residence their purchase. However, many recent home buyers have taken advantage of record home affordability and have also purchased a vacation home or investment property. The NAR Investment and Vacation Home Buyers Survey [9] breaks down the share of home sales by primary residences, vacation homes, or investment properties, and presents several characteristics of the non-primary residence transaction.
The CIPS Designation [10] is the only designation of its kind in the real estate community. It’s synonymous with advanced expertise, a global perspective and distinct understanding of a global buyer, and comes with powerful brand recognition with designees in nearly 40 countries.
CIPS courses are offered in three convenient formats: online, as individual classroom courses, or as part of a CIPS Institute. Click here to access the CIPS Course Schedule. [11]
Certified International Property Specialist (CIPS) [12] Online Course: International Real Estate for Local Markets [13] (prerequisite for CIPS program). A proctored exam is required for CE credit (6 hrs elective). Call IAR at 800/752-3275 for details.
International Courses for Continuing Education (CE) Credit: Call IAR at 800/752-3275 for details.
Real Estate Glossary [16]
Forms in Spanish [17]
Event Calendars:
NAR Global Events [20]
Trade Activities [22], U.S. Dept. of Commerce
Links:
[1] http://ypnlounge.blogs.realtor.org/2013/03/05/global-its-not-a-niche-its-a-mindset/?om_rid=AAB-n8&om_mid=_BRSi85B8xgzlh9&om_ntype=YPNMonthly
[2] http://www.realtor.org/global
[3] http://www.realtor.org/reports/profile-of-international-home-buying-activity
[4] http://www.realtor.org/publications/global-perspectives
[5] http://www.realtor.org/global/global-alliances
[6] http://www.iarbuzz.com/2013/04/cartwright-global-local/
[7] http://www.iarbuzz.com/2013/04/iar-holds-fourth-multicultural-summit-oak-brook/
[8] http://nahrep.org/state-of-hispanic-homeownership
[9] http://www.realtor.org/reports/investment-and-vacation-home-buyers-survey
[10] http://www.realtor.org/designations-and-certifications/cips-designation/why-get-the-designation
[11] http://www.realtor.org/designations-and-certifications/cips-designation/course-schedule
[12] http://www.realtor.org/designations-and-certifications/cips-designation
[13] http://www.learninglibrary.com/AspDotNetStoreFront70/p-19-cips-global-real-estate-local-markets.aspx
[14] http://www.illinoisrealtor.org/findarealtor
[15] http://www.realtor.org/intl_membrshp.nsf/$$Search?OpenForm
[16] http://www.yourillinoishome.com/glossary.htm
[17] http://www.illinoisrealtor.org/forms/spanish
[18] http://www.illinoisrealtor.org/international/links
[19] http://www.illinoisrealtor.org/commercial
[20] http://www.realtor.org/global/global-meetings-and-events
[21] http://www.itagc.org/calendar.asp
[22] http://www.export.gov/eac/trade_events.asp