In a reasonable year, the composition of companies and businesses that are trading at Research Triangle Park is becoming increasingly global. This globalization brings about continuous inflows of people from countries all over the world, not only work but also livelihoods and nurture families. Along with the rapid growth of international culture in this region suddenly, investment capital from various countries seemingly spread infinitely. They not only purchase houses to live but also seek opportunities for real estate for investment purposes. Does Triangle REALTORS have sufficient knowledge on international real estate and fully and competitively support these investors? Does our agent apply to foreign non-residents and recognize the difference between US tax law and IRS law if there is ownership of US real estate? Beware of both international clients and professional REALTOR is necessary. International real estate is a very different complex business with a potential financial pitfall if implemented by people who are not familiar with the laws affecting these purchases.
RTP has been a catalyst for international growth to North Carolina for many years. There are more than 100 companies in the triangle, international headquarters and offices are located in foreign lands. It is truly a world trade zone. Raleigh was recently recognized as "one of the top 10 most international cities" where more than 87 foreign languages are spoken in the United States. In addition to the triangle draw, the nine-member region, which participates in the majority of the local real estate market, contains one of the fastest growing Hispanic population in the country. This fusion of people and culture creates a common foundation as resources are exchanged and opportunities for the local industry as well as the real estate industry are created. With a few exceptions, all REALTORs in the region had a list of real estate sold to foreign customers or sold to foreign customers by another REALTOR. International growth and diversity of culture, along with educational resources, economic health, living expenses, and a mild climate, always keep the triangle at the top ten place of the country "
One of the many responsibilities as a REALTOR expert is getting information. Their job is to share knowledge and information with consumers and the public. They must be authorities of international real estate transactions, schools, churches, evacuation centers, daycare centers, aid living, new construction, old construction, mold, mold, radon, asbestos, well water, sewer system, transport problem, REALTOR What is the reason and the nuance of the US tax law when applied to foreign customers? REALTORS has to educate them in this field as it is a large and viable segment of the triangle market to enjoy the financial benefits and rewards of local international markets. Fortunately, for the local real estate community, many resources are available from both NAR and Raleigh Regional Association of Realtors.
More than eight years ago, the Board of Directors of RRAR founded a special committee to explore the creation of the International Council of REALTORS with insight and progressive thinking. Since then, the board has existed and has grown to be an active member of more than 45 people. Triangle International Council of Realtors and TICOR are useful not only for REALTORS but also for the public, bringing together the culture of Triangle by offering educational opportunities through printed materials, seminars and lessons. They not only educate themselves but also try to include other people who share their interests. Various activities include Raleigh International Festival, other cultural festivals, international lawyers, mortgage lenders, state government representatives, bimonthly luncheons organizing announcements of various chambers of commerce.
With the approval of NAR, the TICOR group held CIPS classes at four different opportunities with participants from distant Northern Virginia and Washington State. Another CIPS course is scheduled for October this year and is under the auspices of TICOR at the RRAR Executive Board. CIPS is a design from NAR which means an official international property expert. Finance, international real estate, globalization, five theme areas around the world are accomplished through five different courses of course material and subject classroom work and tests. Due to the efforts of RRAR Triangle International Council of REALTORS, there are more CIPS clarity than other Councils in North Carolina State.
Investors at Research Triangle Park are the most fortunate to live and work in such exciting and profitable markets. Recognition as a center of such international activities is a privilege to have a nationally high ranking like "top 10 cities" in so many categories. Privilege has responsibility. Triangle community investors are not only aware of the need to be educated, provided information on the international market and the complexity of its clients, but also have available resources to gain education necessary for professional performance You must use and act as necessary.
For information on Triangle International Council for REALTORS, please visit our website on www.triangleinternationalcouncil.com or contact Rale at the Rale District Association RRAR (919-654-5400).
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