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US agents to buy property in a different country?
I want to buy property in another country. Do buyers hire US agents to buy property in a different country? Or do I need an agent living in that country? How does the payment work?
Asked By Richard | Tampa, FL | 408 views | International Real Estate | 1 year ago
Answer(3)
Chris Yochum
Dickson Realty
Every country is going to have different laws in regards to real estate. Agents that are licensed in the US will not be able to help you in other countries. Hope this helps.
- 1 year ago
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Lisa and Greg Harris
eXp Realty, LLC
I would recommend you reach out to a trusted local agent to connect you to an agent in the country you are looking to purchase. Each country has its own laws and finance options. So this all depends on where you are looking to purchase. I have connected many buyers to agents in other countries to meet their real estate goals. I always make sure I connect the buyers with an agent that is an expert in the area they are looking and a specific niche to make sure it is a good match.
- 1 year ago
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Trachele Shields
JPAR Real Estate City and Beach
I would recommend that you seek out an agent with the CIPS designation (Certified International Property Specialist). Agents with this designation have access to over 3,500 real estate professionals in 45 countries and will be able to connect with an agent in the country that you wish to purchase in. The US agent can stay on board during the transaction as a referral agent and the international agent will handle the paperwork and other legalities of the transaction. Payment terms vary. Some countries offer financing similar to the US, others require full payment up front, and some countries offer short term financing where the payment can be spread out over a few months in installments.
- 1 year ago
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