Inside this issue
  Earning your CIPS designation does have its benefits  
  There are more than 1.3 million REALTORS® globally, and yet there are less than 4,200 active Certified International Property Specialists.  CIPS, pronounced SEE-EYE-PEE-ESS (not "sips" as that sounds, phonetically, derogative in a foreign language) is a challenging yet rewarding designation to achieve as it can open the gateway to attracting global business.
 
There are two core courses that serve as the foundation of the Institute. The first is Local to Global Markets which gives an overview of what international real estate is - both inbound (attracting clients from abroad) and outbound (promoting to clients abroad).  Often, agents are actively doing both. Click here to continue reading.
 

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  NAR offers wide array of global real estate resources  
  Find the information, education, and connections you need to thrive in the growing field of international real estate. NAR works to make the global real estate market accessible, profitable, and ethical for REALTORS®, and offers International REALTOR® Membership to real estate practitioners outside the U.S. Click here and view a variety of NAR resources.
 
 

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  CoreLogic Special Report: Investor Home Buying  
 

Home purchasing activity among investors is on the rise. In 2018, the share of home sales bought by investors reached its highest level in two decades. However, this increase isn't from big institutional buyers, but rather from smaller investors just getting into the game. What's more, these investors appear to be focusing in the starter-home tier, giving first-time homebuyers a run for their money while also chasing homes in markets with relatively high rents.

In this CoreLogic special report, we take a deep dive into investor homebuying activity. Not only do we investigate investor homebuying nationally, we also identify investor activity by home price tier. Additionally, we examine why investors are more active in some markets than others, and if increasing investor activity tightens market conditions. Click here to get more details on the report.

 

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  Beware of the Flip  
  Before the Great Recession of 2008, housing prices climbed dramatically, and homes sold faster than buyers could gush, "I love that spa bathroom." Contractors and even handy DIYers got in on the uptick by buying fixer-uppers and improving them in the quickest ways possible, selling them, and reaping the profits. Enter the real estate phenomenon of flipping.

The trend waned a bit as the housing market hit the skids, but then returned with some significant differences ... Click here for some ways you can be an advocate for buyers who plan to purchase a house that's being flipped. Many of the caveats reflect the same type of thoroughness that should be undertaken with any sale.
 

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