Eastside real-estate brokers say they’ve noticed a wave of affluent mainland-Chinese buyers, to name a few, buying luxury homes in Medina, Clyde Hill and other millionaire rows in West Bellevue. Data and public records show they’re right. It’s part of a cash-buyer phenomenon sweeping the home market.
In King County, a Seattle Times analysis of property-tax payers with foreign billing addresses found the largest number are from Canada, China (including Hong Kong) and Japan.
International buyers are investing in Seattle-area real estate in growing numbers, buying multimillion-dollar homes, rent-producing properties and land for commercial development. There are at least a few who are buying property without setting foot on it.
The buyers have several motives: Some want a safe place to invest and diversify their fortunes. Others want their children to start school or university studies here. And some want to launch businesses here. The buyers have cash to spend and are eager to close a deal.
Listing your property with Sotheby’s International Realty gives you a Global Advantage in the market. Sotheby’s International Realty has one of the most powerful, global marketing power of any realty company brand in the world.
When you list with Sotheby’s International Realty your listing is not only presented to the local market at a much more aggressive level, but it is also distributed to the global market. This gives you the opportunity to reach millions of people worldwide with your listing, offering you the greatest possibility of selling your listing at the best possible rate.
Sotheby’s International Realty leverages Innovation, Experience, and International Impact to give you the most powerful listing available today, and the most lucrative opportunity in selling your property.
Excerpts from recent Seattle Times Article:
Originally published May 18, 2013 at 5:30 PM
By Sanjay Bhatt
Seattle Times business reporter
Sotheby’s International Realty Distinctive Global Marketing Advantage-
Leveraging Innovation, Experience and International Impact to give you the best results overall in the sale of your property.
– Search for properties in 16 different languages
– Sotheby’s International Realty currently has more than 12,800 sales associates located in approximately 660 offices in 47 countries and territories worldwide
– Using the most pre-eminent media powerhouses globally to bring your property to a savvy and relevant audience of consumers.
-NY TImes- 40 million unique monthly visitors
– The Wall Street Journal- with the savviest of investors as regular subscribers with 167 million impressions annually, and 3.5 million readers
– The BBC- the world’s most powerful news gathering operation with 47 million media impressions
– Bloomberg Market- read by the globe’s financial elite at 1.1 million subscribers
– The Financial Times- read by over 1,290,000 people worldwide in both English and Chinese
– The Telegraph- The UK’s paper of the year, reaching millions worldwide
– Archtectural Digest- Sotheby’s is the exclusive Realtor in the publication, delivering 8 million impressions per year
– You Tube- The worlds second largest search engine, and third largest website in the world
– South China Morning Post- Hong Kong’s premier English publication 500,000 media impressions
List With Us!
We showcase your property (Locally, Nationally & Worldwide) in the finest way possible. Excellent Photography, Staging for success, correct pricing and excellent professional representation are 4 key pillars in our marketing plan.