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International Clients driving South Florida Sales, ARG Florida Realty expanding
ARG Florida is opening its latest office in Brickell, Downtown Miami. If you are an real estate agent or real estate broker and you want to make more money. ARG Florida Realty pays 100 percent commission.
The information is based on an annual study done by the National Association of Realtors® (NAR) in cooperation with Florida Realtors. ARG Florida Realty is a member of the National Association of Realtors and the local Miami Board of Realtors.
For the 12 months ended July 2013, existing home sales in Florida – single-family homes, townhomes and condos – accounted for 327,350 transactions worth $74 billion dollars. Of that total, there were 22,572 transactions worth $6.4 billion dollars to foreigners.
•Two in three (63 percent) of Realtors in Florida have international clients, compared to the national average of 27 percent.
•Of the Realtors who have international clients, 33 percent (one in five state Realtors) said that international transactions made up 26 percent or more of their business compared to 12 percent of Realtors nationally.
•80 percent of surveyed Realtors said that international clients found Florida property less expensive than similar property in their home country. Overall, foreign buyers say the U.S. residential housing market provides a good value.
•31 percent of respondents say Florida's percentage of international clients has increased in the last five years, compared to 21 percent at the national level.
•Canadians lead the way (30 percent of total Florida international sales) as the largest source of buyers, followed by Venezuela (8 percent), Brazil (7 percent), and the U.K. (6 percent).
•International buyers focused most of their effort in Miami-Miami Beach (21 percent of international sales in Florida), Orlando-Kissimmee (14 percent) and Fort Lauderdale (9 percent).
•International buyers paid a median price of $216,477 for a home unit in Florida compared to the state's overall median price of $144,074, and the U.S. median price of $187,483. In general, buyers from Brazil, Venezuela and Western Europe purchased above the median price.
•84 percent of international transactions are cash sales.
•International buyers had a preference for detached single-family homes (47 percent of Florida foreign sales), followed by townhouses (11 percent) and condominiums (34 percent).
ARG Florida Realty based in Hollywood, Florida is now opening an office in Brickell, Downtown Miami to cater to its international clients. ARG Florida Realty pays 100 percent commission to its agents and brokers. There is only a $299 transaction fee. There are no and there will never be any desk fees.
ARG Florida Realty provides E&O Insurance, Real Estate technology, leads, CRM and Email Campaigns, IDX Agent Websites, 24/7 Access to Experienced Brokers, Online Office with Agent Tools and Transaction Desk, Marketing Materials, and One-on-One Training. Board and Non-board Affiliated Agents are welcome. In June, ARG Florida is opening its In-House Title Company.
ARG Florida Realty pays 100 percent commission. There is only a $299 transaction fee. There are no and there will never be any desk fees. In exchange, ARG Florida Realty provides E&O Insurance, Real Estate technology, leads, CRM and Email Campaigns, IDX Agent Websites, 24/7 Access to Experienced Brokers, Online Office with Agent Tools and Transaction Desk, Marketing Materials, and One-on-One Training. Board and Non-board Affiliated Agents are welcome. In June, ARG Florida is opening its In-House Title Company.
For more information, call Randall Layman at (305) 747-1844, go to the website at myargrealty.com/
Page Updated Last on: Mar 28, 2014