By: Sherman Milton III, 2020 Young Professionals Network Vice Chair
When it comes to global real estate, Greater Tampa REALTORS®’ Young Professionals Network is no stranger! Our association’s Global Subcommittee provides opportunities to increase knowledge of the ever changing real estate industry. Many of our YPN Members take advantage of these opportunities and successfully add it to their skill sets.
Each year, our members have the opportunity to participate in various events such as trade missions, global forums, targeted meet and greets, self development classes and other activities. These events have a direct correlation and purpose as to how agents not only increase their skills, but it serves as a means to increase and promote their business. Last year, some YPN members attended a Trade Mission to Dubai. They were able to gain first-hand real estate experiences in the Middle East. They met with developers, toured many new projects, discussed investment opportunities, learned about the culture and even received a designation to do business in Dubai.
Global is a great avenue to grow your real estate business. Most new REALTORS® do not realize that individuals around the world execute various real estate transactions here in the United States. Many international buyers view the U.S. as a safe place to invest in real estate due to our private property laws. It is our job to network with these international buyers and sellers and help facilitate their real estate transactions.
With today’s technology and social media, it has never been easier to connect with individuals worldwide. Social media platforms like Instagram are great for connecting and developing global relationships. Today there are many international buyers doing business in the United States without ever having to step foot here.
- Tap into your sphere of international friends and colleagues. They can be a great resource for referrals.
- Use technology to your advantage. There are many tools you can incorporate into your business model such as video and 3D walking tours to eliminate the need for customers to see property in person.
- Once travel restrictions are lifted, travel and take mini vacations. When you get to your destination meet up with a local REALTOR® and see how you can benefit each other. Also, meet with business owners and share the benefits of purchasing property in your market.
Global real estate does not have to be difficult and you do not necessarily have to speak another language to be able to conduct it. We have a great group of diverse YPN members that are in some form involved in global real estate. We encourage you to follow GTR on Instagram & Facebook and watch for future events coordinated by YPN and Global.