Selling Property to International buyers
Getting your property in front of international buyers can be somewhat difficult if you are not using the right marketing company. Most agents think only 'local' but there are many overseas/international people that can buy Australian properties.
So, to market your property successfully, ensure the company you use has affiliations with foreign websites.
Selling an overseas property
When choosing to list your property overseas, it would still need to be listed in Australia, as this is where the property is. Overseas property sites, just like Australian sites have filters for buyers to find the right property. Usually overseas websites have the Country choice first and then have further filters like the 'state' the local province (suburb), then all the filters for the type of property i.e. house, unit, townhouse, land etc.
Selling real estate to international buyers
The definition of real estate is 'property consisting of land or buildings'. The definition of Property is 'a thing or things belonging to someone. The term Real Estate is an internationally recognised term by buyers.
Target International Property Buyers
Targeting the right international websites is important to ensure the right buyers are seeing your property. For a buyer to be able to purchase a property in Australia they must meet the rules of the Australian Foreign Investment Policy
Selling Your Property and List Globally
Sites like No Agent Property have international packages that include overseas property websites covering over 60 countries with 100+ websites. Usually the International packages are part of our Ultimate Package but can be selected and purchased separately. Click here to see selling packages
How to Sell Property to Overseas Investors
Overseas investors even during COVID are in abundance. If the investor meets the Australian Government Regulations, then they are free to buy any property in Australia.
Facts
Q: Can a non-resident foreign investor buy a newly built house or
apartment that has previously been owned by a non-resident foreign
investor?
A: No, all properties purchased by non-resident foreign investors must be
brand new.
Q: Can a foreign person who has been granted a temporary residency
visa seek approval and buy an established property as a primary
residence before arriving in Australia?
A: No, a temporary resident must be in Australia in order to seek approval
to purchase an established property as a home. A temporary resident can
buy a single established dwelling to live in if they have a visa that permits
them to be legally resident in Australia for a continuous period of more
than 12 months.
Q: Are there any circumstances in which a non-resident foreign investor
can purchase an existing home?
Yes, in very specific circumstances - that is, an established dwelling can
also be purchased by a foreign investor if it is to be redeveloped and
replaced with at least two new residences or if a derelict residence is to be
redeveloped to become habitable. Otherwise, a non-resident foreign
investor is prohibited from purchasing an existing home.
The United States and United Kingdom are the biggest investors in Australia, followed by Belgium, Japan and Hong Kong (SAR of China).
China is our ninth largest foreign investor, with 2.0 per cent of the total. However, the levels of Hong Kong (SAR of China) and Chinese investment in Australia have grown significantly over the past decade.
Target interstate buyer's
When targeting interstate buyers, normally they know where they want to buy and go to sites like realestate.com.au and domain.com.au to search. The other most effective way to target the right buyers interstate is to have a strategic social media campaign. Utilising all of the social media platforms to target both geographically and demographically is the most successful way to market your property to interstate buyers.
International Property for Sale
There are many international sites that advertise international properties for sale. Realestate.com.au have several platforms including:
China, Malaysia, Singapore, Hong Kong, Indonesia, Thailand and India.
Want to list your property both in Australia and Internationally? - click here to see our packages (Ultimate Package)
Interested? Contact us today and let us find the best approach for you!
Request a call back now - click here. Or simply call us on - 1300 850 855