Investor Presentaiton
Reasons Client Purchased Property
Desirable location remains the No. 1 factor influencing international buyer
purchases, cited by 45% of respondents. Roughly half bought due to the investment
potential -24% because they expect it to be profitable, and another 24% because it
is viewed as a secure investment.
Location, Location, Location Matters
Source of Referrals
Two-thirds of respondents reported that their international
buyers were personal or business contacts, former clients, or
referrals from former clients. Traditional advertising trails
behind personal relationships.
Best Referrals - Connections and Former Clients
Source of Referrals or Leads on Florida's International Buyers
Most Important Factor Influencing International Buyer Decision to Purchase in Florida
Desirable Location
Profitable Investment
Personal Contacts
31%
45%
50%
50%
Referred by Previous Client
22%
40%
40%
30%
30%
24%
Was a Former Client
14%
20%
20%
10%
10%
Website/Internet (Paid Ad)
8%
0%
0%
Website/Internet Organic Search
5%
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Business Contact Outside the U.S.
Secure Investment
Other/Don't Know
3%
50%
50%
Walk-in/Open House/Phone Call
3%
40%
40%
24%
30%
30%
U.S. Business Contact
3%
20%
20%
6%
Signs/Ads on Boards or Yard
1%
10%
10%
0%
0%
Other
9%
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How Clients View Florida Home Prices
Florida's home prices are becoming more
expensive for international buyers. Forty-three
percent of respondents reported that their clients
viewed Florida home prices to be more expensive
than prices in their home country. While 33% think
prices are about the same or less expensive than
prices in their home country, 14% "don't know" how
the prices compare.
More Expensive
About the Same
Less Expensive
Don't Know
50%
43%
50%
50%
50%
40%
40%
40%
40%
30%
30%
30%
20%
30%
13%
14%
20%
20%
20%
20%
10%
10%
10%
10%
0%
0%
0%
0%
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2023 Profile of International Residential Transactions in Florida
Florida Realtors®, all rights reserved. 19View entire presentation