According to the CREA Members Survey, 27% of members have worked with international clients during the past 12 months, and in total 58 different countries were named as their primary sources of international clients.
Like Realtors, REALTOR.ca is also becoming global, as visits
from outside of Canada represent nearly 5% of all traffic.
*Source: Google Analytics, based on 2015 traffic to
REALTOR.ca
If you are considering doing business with international buyers
or sellers, it's a lot of work, but it can become quite rewarding.
Here are a few tips if you want to make your listings on REALTOR.ca
more global.
Video is a must. International buyers expect to see video of
your property and the surrounding community as part of your
listing. No video will drastically reduce your chances of reaching
serious buyers.
International buyers are also looking outside of big cities. The
right buyer for your cottage or small town home might be in another
country. There is plenty of interest for properties outside of
large urban areas. Even if you are not selling real estate in
Toronto or Vancouver, you can still consider an international
selling strategy.
Digital is global…but stay within your "cultural sphere." If you
are using social media to attract international buyers from a
specific country or region, make sure that you are aware of
cultural differences and that you understand the language.
Don't forget about international SEO (Search Engine Optimization ). Like in Canada, most searches for information start with search engines such as Google, and Baidu in China. When listing a property, make sure to tag your listings (including images and videos) with the appropriate descriptions and keywords.
Understand the transaction process in the other jurisdiction.The rules of the game can be quite different from place to place. It is a lot of work, but critical that you get familiar with the rules of the market in question, as you will need to educate your client throughout the process. Realtorlink.ca/international is a are great places to start, to get info on courses, designations, and tips on how to take advantage of global opportunities.