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Investor Presentaiton

Cultural and Language Issues Cultural and language issues faced by Realtors when working with international clients have eased somewhat in recent years. Seventy percent of respondents reported they have not had problems when working with international clients. In past years, as few as 42% reported no problems working with international clients. The decline in those reporting problems is associated from the larger fraction of the respondents who could speak another language and were born abroad. Forty-five percent of respondents reported they are fluent in a language other than English, the highest share since this question was asked in the 2008 survey. A third of respondents were born outside the United States. Non-English Fluency Remains High Among Survey Respondents Percent of Respondents Who Are Fluent in a Language Other Than English 45% 41% 39% 36% 39% 37% 37% 38% 42% 40% 34% 33% 33% 33% 24% 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 With More Respondents Fluent in Other Languages, Fewer Problems Occur Percent of Respondents Who Reported No Problems Working with International Clients 71% 66% 59% 67% 65% 61% 65% 67% 70% 69% 70% 60% 51% 52% 42% 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Nearly One-Third of Florida Realtors Were Born Abroad Percent of Respondents Born Abroad 33% 31% 32% 31% 30% 27% 28% 29% 27% 24% 25% 17% 2012 2013 2014 2015 2016 2017 2018 2019 2020 2023 Profile of International Residential Transactions in Florida 2021 2022 2023 Florida Realtors®, all rights reserved. 22

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