OH! OH! Mexico

OH! OH! Mexico
It is 20 degrees Fahrenheit in Charlotte NC this morning. It is 93 degrees in Cabo San Lucas. I know where I would rather be. Where would your clients rather be. A lot of people are going to be retiring early due to the financial crisis. If they have not met their financial goals yet, they may be interested in going someplace where their fixed income dollars will give them a nicer lifestyle.
Mexico, Central America, South America, Central and Eastern Europe are all really great retirement options. There are real estate agents and developers in those areas who will be more than happy to share commissions with other brokers. This is an easy way to make a few extra commission checks in a year when many of us are expecting our normal business to slow down. Anyone who has the CIPS (Certified International Property Specialist) designation knows how to take advantage of this situation.
Of course, we probably would not want to sell a property in a resort without visiting first to make sure the product is of the highest quality. These visits are often subsidized by the developers and the part that we do pay is tax deductible. That means Uncle Sam pays one third of your expenses and if you live in NC the state will pay 6% or 7%, depending on your tax situation. Want to meet brokers and developers in these countries? Check out NAR International or call me.
David Segrest is a REALTOR in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com