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While Brits have long been attracted to the Florida market, they are interested in enticing opportunities all across the U.S., as well as other countries where real estate prospects have been good. Any time buyers cross borders, differences emerge in finding, viewing, and purchasing property which play an important role in real estate transactions. U.K. buyers are no exception to this rule. Inside, you'll also learn more about these differences and what this implies for working with British buyers.
In This Issue
This issue of Global Perspectives takes a closer look at a new breed of British buyers coming into the global real estate marketplace. Their property search is primarily driven by the challenges they currently face in the U.K. market and changes in the global economic climate. Young, financially savvy urban-dwellers who are interested in investing for growth are looking abroad for...
Florida has long been a prime spot for British buyers looking to escape their chilly winters. But now snowbirds aren’t the only Brits buying in the states. Lately a growing base of buyers has emerged interested in the potentially good returns of investment property. In fact, NAR’s most recent Profile of International Home Buying Activity found that among international...
Global agents are aware of the ways in which differences in culture and business practices can complicate transactions. Yet the U.S., Canada and the U.K. share a cultural heritage, a common language, and their governmental and legal systems share roots. How different can real estate practices in the U.K. be?
Astoundingly different, say buyers who have bought property on both sides of...
