October 2011: Building Your Team

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Building a multicultural real estate practice may feel like a daunting task for any single agent. Find tips and insights on two key aspects of building your team—within your brokerage and with other real estate professionals.

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In This Issue

Building a multicultural real estate practice may feel like a daunting task for any single agent. That’s one reason many global agents prefer to specialize in a particular niche market. Still, their efforts often rely heavily on building strong networking relationships with other key professionals.

That’s why this issue of Global Perspectives focuses on the “...

Agent teams, taking a wide variety of forms, have long played an important role in the success of many real estate professionals. From pairs of family members—husband/wife, mother/daughter, father/son, etc.—to other partners, or larger groups focused on a particular geographic territory, you can find just about every type of real estate team tackling all sorts of markets....

Building a successful multicultural real estate practice takes time, skill and business savvy, especially knowing how to grow your business without breaking the bank. Here are three areas global agents may want to explore.

Every real estate transaction has its own set of challenges, with outside professionals playing a key role in advising your clients on legal, lending, and other matters. Agents cultivating business in global and multicultural markets may find themselves needing a wider range of professionals in law, finance and tax matters to deal with any special challenges that might arise.


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About Global Perspectives

Global Perspectives in Real Estate is a resource for global professionals, aimed at helping them globalize their local markets. Produced bi-monthly, this newsletter serves as a how-to guide and is full of useful and actionable tips. A free subscription is given to all Certified International Property Specialists (CIPS) designees.

Learn more about earning the CIPS designation