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April
2

Strategies & Tips for Marketing Luxury Properties to International Buyers

In America, your clients seek your real estate insights because you are an expert on the local market. But did you know you can also attract clients from all over the world? Agents specializing in luxury real estate can access eager, fast-moving, highly qualified clients through international marketing.

Marketing to clients overseas may seem like a tall order — but it's worth the effort. You can access high-net-worth clients actively searching with just a handful of targeted strategies. Amazingly, only a small fraction of agents and brokers speak directly to these clients.

Let's take a look at eight strategies for marketing luxury properties to international buyers:

1. Understand Common U.S. Home Buying Motivations

Foreigners may want to buy a home in the United States for many reasons. Depending on their situation, they may be motivated by investment potential, market stability, lifestyle benefits, residency advantages, or tax benefits. Understanding these common motivations for international home buying in the U.S. is crucial to sales success. 

2. Provide Valuable Information Through Content Marketing

Content marketing strategies like blogging are key for connecting with customers worldwide. Building a library of valuable, informative content will elevate your brand's prestige and buyers' trust in you. Plus, it is the cornerstone of greater visibility in search. 

Some worthwhile topics to focus on in your content marketing include foreign buyer regulations, immigration, visas, and tax regulations. First-time global buyers will likely have questions and concerns about these subjects.

3. Communicate in Multiple Languages

Now that you understand international buyer motivations and how to reach them, you must add the important cultural dimension of language to the equation. There is a saying that when you speak to someone in a language you both know, you speak to the mind. But when you address them in their mother tongue, you speak to their heart. Nowadays, you do not need to master, let alone learn a language, to communicate with foreigners online. The latest AI and translation technology makes it simple.

4. Connect via Video-First Social Media

Social media has always been a winning proposition for real estate professionals. It has long been known that agents and brokers turn their social media following into real business value at a much higher rate and much faster than professionals in any other industry. Still, the bar for quality social media content is rising.

Research shows that video is the most sought-after and effective social media content. Video makes prospective customers, including international ones, far more likely to remember and act on your message. Using the right technology platform, you can make video a standard part of your marketing and overcome its barriers to entry.

5. Have a Presence on International Listing Platforms

No agent or broker can do without MLS, but do you know about the international alternatives in your target market? Buyer behavior varies from country to country. While many go on Instagram to browse aspirational properties, buyers in many places prefer to search their local listing platforms.

Given this, it's critical to understand the details of listing platforms and recognize that they may be somewhat uniform. Even in a large, shared market like the European Union, you may need to zero in on country-level markets and read up on requirements before participating in new platforms.

6. Offer 24/7 Support to Minimize Time Zone Impact

"24/7 support" was once very difficult to offer, but it has gotten easier over time. It is now well-known that responding to a prospect's first inquiry in five minutes or less is the best and most effective way to make them more likely to partner with you. That effect is even more important when time zones are in the mix.

Once again, technology is the key. Chatbots are indispensable for providing prompt and customized responses to prospects who may be half a world away. Using automation, you can be notified about queries promptly and respond to them as soon as possible, even if they're sent at a less-than-ideal time.

7. Offer Virtual Tours and Walkthroughs

Virtual tours and walkthroughs first became popular during the pandemic, but their demand never decreased. These features ensure people spend more time interacting with your listing and are the best way to expand the circle of potential buyers beyond those who can visit the property. Naturally, this makes them an ideal fit for an international audience. Knowing that implementing virtual tours doesn't have to be complicated might be a relief. The work can be done simply with the right technology.

Delta Media Group® Is Your Preferred Partner for International Marketing

Global marketing is by far the most powerful approach to securing a premium price for your luxury property portfolio. Many luxury properties linger on the market for years, but by actively marketing to a global audience, you can often reduce this lead time to a matter of months. 

With many integrated features to help you reach customers worldwide who speak various languages, Delta Media Group websites and the DeltaNET platform enable you to deliver top-quality international marketing at scale while maintaining exceptional quality.

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