Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco - Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

What Do Global Buyers Want?

On the final day of Inman Connect 2012 San Francisco, they wrapped up with some discussions about Global Real Estate Buyers.
With the current market, no one can be surprised by the growing number of cash-rich real estate investors from abroad looking to the North American market. Many of them come to the Bay Area (San Francisco, Silicon Valley) for work or school.

Brad Inman talked with Michael Good from Sotheby’s International and Tina Mak from Coldwell Banker about where and why the global buyers continue to come from.

The panel members mentioned that many of the foreign buyers purchase in areas where the schools rank high. The global buyers with families generally do not do not seek downtown areas due to a lack of schools.

Buyers From China

They mentioned that when working with people from different cultures can be different. Sometimes it takes some time to get a feel for the culture.  On of those differences can be price point and how much buyers will be willing to spend. Mak (originally from Hong Kong) made a somewhat funny comment about buyers from China, “When Chinese tell you a price range, go three times higher.”

Oh, the life of the rich.

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

Final Day Of Inman Connect 2012 San Francisco – Global Real Estate Buyers

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