The Asian Marketplace
Global citizenship is also on the rise as affluent consumers choose where and how they live, oftentimes holding multiple passports and homes around the world. The majority of wealthy Chinese plan to emigrate, most commonly to North America. Historically popular markets like Vancouver, BC and both San Francisco and Los Angeles, CA stood witness to decades of exponential immigration and foreign-direct investment – each market clearly benefiting from such capital influences. But as property values in tier one cities bubble over and new policies affect immigration and income taxes elsewhere, Asian demand is deflecting to a new financial safe harbor: the Seattle/Bellevue metro area.
Recently Sotheby’s International Realty has announced a new affiliation with Beijing Sotheby’s International Realty. And Realogics Sotheby’s International Realty has a preferred relationship with the newly announcing Beijing Sotheby’s International Realty affiliate and it is good timing. A key component to this new office will be the trusted referral network of the luxury global brand. And Realogics Sotheby’s International Realty CEO, Dean Jones has been recognized as the North America Referral Director by the Beijing Sotheby’s office. He will assist the ownership team to activate the referral of key clientele and provide the trusted level of service the brand demands.
Becky Gray’s international experience is key and she will assist Dean in leading our firm’s growth both locally on the Eastside and join in international trade missions to represent corporate interests aboard in China. Realogics Sotheby’s International Realty is responsible for developing exclusive media featuring China and the northwest. Several of these are highlighted below: