The Miami real estate is attracting more and more French investors benefit from a weak dollar , attractive prices in a dynamic city and a healthier situation since the crisis. But buying a property on the other side of the world can not be improvised . For the experiment is simple, Barnes agencies , MC ² Property and International Plaza Brickell , well established in the city, just founded the Federation of Real Estate Professionals in Miami.
This non -profit connects Francophone buyers with certified professionals and recognized in their respective markets . To join and offer quality label FPIM , officers should : fluent French , have a license from the State of Florida valid , proven experience no negative history with the official and adhere to a strict code of ethics .
The specifics of the real estate transaction in the United States
” Established for 10 years in Miami, we found that international customers need specific support because the real estate market works differently in the United States . It is important that they choose trusted professionals who can guide them and introduce them to these features , “said Thibault de Saint Vincent, President and founder of Barnes FPIM Member.
“For example, professionals have here a wonderful tool: the Multiple Listing Service (MLS). This file is shared by all professionals, and certified members, allows the client to work with one realtor. Indeed, it gives access to all the properties available , whatever the agency mandated to sell. The buyer and seller each have their agent representing their interests throughout the sides of the transaction. “
Climate, environment and taxation: the French love Miami
Marie- Charlotte Piro , President of the Federation of Property Professionals and The Vice -President of Real Estate MC ² “It was time to provide this service qualification and quality label to the number of francophones buyers who grows day by day “.
Thus, in June, for the second time this year, the French passed the head of research of real estate abroad made via the website of the Association of Realtors Miami. France is the fourth country in the charts of foreign real estate investment in Florida.
“There are many reasons why South Florida , especially Miami, please buyers and French investors , says Franck Dossa , President of Brickell Plaza International and founder of FPIM Member, Miami is seen as one of most European cities in the United States : Buyers feel so at home here . Climate, tax situation , and the atmosphere truly international form a winning combination ! “
Attractiveness set to continue
The three co -founders anticipate a more sustained than ever for investors but also for entrepreneurs that locate or simply open a subsidiary market. Miami is, indeed , an excellent starting point to engage in export and in the American adventure .
All experts agree that the situation has never been so promising : Cash purchases account for the vast majority of transactions, and to obtain credit , you must make on average 50% of the transaction amount . Buyers are therefore stronger and it is far from the situation before the 2008 crisis .
In economic terms , the city is in a favorable situation with a diversification of resources and foreign countries investing . The development of the Port of aerospace , finance , health come into effect until balance tourism Almighty .
Francophone and blameless Realtors
The FPIM is not strictly restricted to buyers from France , but also to Canada , Switzerland, Belgium, the DOM- TOM , Haiti and Francophone Africa. In addition to mastery of the French language and work ethic , consultants wishing to join the FPIM must have an impeccable way. Any consultant who received a complaint from the Florida Real Estate Commission can not be part of the federation.
This approach ensures customers the FPIM exemplary service by the best French property agents in Florida. A customer who uses a certified agent FPIM , if there are problems , may be supported by the Federation for filing an appeal or a complaint. He knows how to react and how to navigate a particularly well framed and regulated system.
Property insurance : A new law – decree embodying the hope Florida Legislature that in the area of insurance increase competition and reduce reliance on the state-owned Citizens . According to the website of Citizens Corporation today , June 6th , have issued 1,358,046 policies that are in place . Advocates for consumer rights were skeptical about it.
Poll: Three-quarters (75 % ) of respondents say that owning a property is in the best long-term investment than they have knowledge. Separately, 73 % of respondents who did not own a home expressed their desire to acquire one in the future . (Editor’s note : interestingly the report does not include % margin of error)
Not us Realtors : If you are planning to purchase property currently held by financial institutions , save yourself surprises. When it comes to negotiating these transactions , remember that either CasaenMiamiOnline.com or a lawyer working for you , the other party is a bank and things happen differently to most agents are used . Do yourself a favor when buying a “Foreclosure ” or sell through the figure of a “Sale Short” , call us at 786-264-2344 or contact one of the excellent professionals listed right on our ” Who to Call ” .
You would do the same ? Apparently some ” Listing Agents” ( representing sellers) in Florida have begun to allow tenants to residences house type model ( Staged homes) they move , are uninhabited properties that the owners have furnished and decorated to enhance the interest and expedite sale. Now , we wonder what the implications are for the owners of the furniture are the tenant and prospective buyers , we will follow this strategy to see how it turns out. In the end , marketing is marketing is a house in Miami or any other product …
The lowest rates of 2011 are here : Public / private entity Freddie Mac reported that the average interest rate dropped to 4.55% in its seventh week running downhill.
Florida Governor is of the opinion that cities and municipalities are already grandecitos and must learn to behave themselves : Decree HB 7207 gives cities and municipalities more autonomy to decide how to manage growth while reducing the regulatory function and supervision of the capital.
Miami Beach – Indian Creek
Large real estate companies will not answer customers internet: according to a study by researchers at PCMS Consulting and One Cavo, 75 % of customers have bought online returns stay for an answer. 715 with complete data forms were filled on the websites of 56 large real estate companies and three-quarters of the cases no one informed did too slowly . Too bad, the industry consensus is that customers expect a response in 15 to 20 minutes after stepping “enter” , one hour maximum acceptable . The other interesting feature of the study is that 70 % of people are willing to work with the first qualified agent ( Realtor ) to answer it or phone or email .