Who is an international realtor and what are his duties and for whom does he actually work? Here we have to have an exact explanation first of all as an "international realtor" is too broad of a definition and only indicates that a person is involved in some kind of international transactions.
As this website is for real estate SELLERS (private owners, realtors representing owners, and developers) looking for buyers from countries other than your own, let's talk in terms of sellers and consider realtors who can help you sell your property to foreign buyers.
Such realtors may be your local ones who advertise internationally to bring you foreign buyers – usually this is not an easy task to find such local specialists if any exist in your area. Interview local realtors very carefully to make sure they do have really good possibilities to advertise your property-for-sale in those foreign countries that are of interest for your sale.
Think twice of hiring a local realtor if in your country regulations require an exclusive contract to represent a seller, as it may become an obstacle to your international sale if your exclusive local realtor would insist of keeping the whole commission for himself and not sharing with a realtor from a foreign country who might bring you a buyer in the future (I know such cases).
Now let's talk about realtors from other countries where your potential buyers live. They never require any exclusive contract to represent your property as technically they are buyer's agents. Most of the times they would want to receive their commission-on-sale from you, the seller, and as pointed above, if you have your local seller's realtor he should be willing to share commission with the buyer's foreign realtor.
If you are a realtor who is searching for buyers in foreign countries for your listings, it's obvious that you are ready to share commission in case when a foreign buyer is represented by a foreign realtor, of course.
It's important to know that you can co-operate with as many realtors in foreign countries as you wish – as they do not require exclusivity! Of course, make sure that they are those who have knowledge and skills in international transactions, otherwise it'll be wasting of your time without any result.
Looking for international realtors in Russia and Russian-speaking countries? I can help – please go to:
International Realtors in Russia and Russian-speaking countries (english-and-russian.com)
And
Russian Real Estate Agents advertising international properties (english-and-russian.com)
Sincerely yours,
Olga Kellen,
English - Russian Translator,
Associate member of ATA,
American Translators Association
Q. Daniel, tell us a bit more about yourself and your work, please.
A. I am a licensed real estate salesperson in New York City. I consider myself an international realtor as NYC has such international appeal. No matter where you are coming from, "I love matching my clients' wants and styles with the apartment of their dreams." You can also read my full bio below.
Q. Do you sell to foreigners?
A. Yes, I do sell to foreigners. In my opinion, there are no "foreigners" in NYC, it's just that they haven't arrived here yet. I welcome everyone to NYC. It is the cultural variety in NYC that makes NYC such a great place to live.
Q. What foreign countries' buyers have you helped recently?
A. I had a newly married Russian couple who wanted to move to Long Island that I helped find a home. I have consulted some Asian buyers on both commercial and residential transactions. Currently I am working with two international clients, one from India interested in a condo in NYC, and another from Spain looking for a coop in the Lower East Side.
Q. Do you know foreign languages?
A. English is my native language and I know a little bit of Spanish, but not enough to complete a real estate transaction.
Q. How do you overcome the language barrier?
A. My company has a multitude of translators on staff to assist my international investors, and I work with attorneys that are multi-lingual to help make the transaction as smooth as possible.
Q. Do you advertise abroad?
A. I do not advertise abroad, but my company advertises abroad extensively. I have a good internet presence and with being the Real Estate Editor of New York Lifestyles Magazine many people can see that I know more about NYC real estate than most other brokers, so many investors reach out to me because of my knowledge and experience.
Q. How does your company reach out to foreign buyers?
A. With 1 in every 4 transactions resulting from a foreign buyer, my company syndicates all listings to almost 100 international websites.
Daniel J Bollinger is a licensed real estate salesperson with years of experience in both residential and commercial real estate. With an undergraduate degree from Syracuse University in accounting, and studying Industrial Design at Pratt Institute for his masters', Daniel knows the financial aspects of real estate transactions as well as the design and aesthetic choices that go into choosing the residence of your dreams.
Having lived in Brooklyn for over 20 years Daniel has a pulse on New York City and keeps abreast of the NYC real estate market.
He shares his knowledge of NYC real estate, especially his intimate knowledge of New Developments by being the Real Estate Editor for New York Lifestyles Magazine.
When Daniel is not in the office you can find him doing one of his favorite things: Travelling the world. Having lived in Belize and the Dominican Republic, Daniel loves to explore the world, experience new cultures and is always up for trying new types of cuisines. Being open to the world certainly helps with the international realtor's business.
P.S. From Olga: You see that Daniel’s success with international sales comes from his vast experience, help of translators, and his company’s advertising abroad.