This course is intended to introduce or expand participants' awareness of the many factors that must be taken into consideration when serving the real estate needs of international homebuyers or investors in the United States; within the state, in particular.
This session covers the elements of a typical international transaction, as well as focuses on ensuring that the activities of the real estate practitioner and of the international citizen are in compliance with applicable laws and regulations. In addition, this course will review diversity trends in the United States population, examine the areas of fastest growth, and identify potentially sensitive subjects of communication.
Upon completion of this course, the student will be able to do the following:
- Calculate the effect currency fluctuation has on a real estate transaction.
- Illustrate the essential elements of international transactions.
- Relate the expectations of international clients, including the importance of cultural sensitivity.
- Employ skills necessary to enhance effectiveness in building cross cultural relationships.
- Apply the regulations and taxes that must be adhered to by foreign parties participating in a real estate transaction.
This course is completed with a final exam and students will also be exposed to exercises designed to explore the concepts being introduced.