Seattle, WA (PRWEB) May 16, 2014
Executives of Beijing Sotheby's International Realty, the first affiliate of the global realty network to open in mainland China, has appointed Dean Jones of Seattle-based Realogics Sotheby's International Realty as its Director of Network Development for the United States. In this capacity Jones will join other Beijing-based international sales team members to cultivate referral networks throughout the US and will operate from the firm's new Asia Desk within the Eastside Flagship Branch Office and Connoisseurs of Life Showroom located at 15 Lake Street in downtown Kirkland.
"We are thrilled to be collaborating with Dean Jones from this strategic US gateway marketplace as we build out our network opportunities in North America," said Kevin Corbett, CEO of Beijing Sotheby's International Realty. "We remain grateful for his introduction to Sotheby's International Realty Affiliates, LLC and we share his vision to build a US referral pipeline into mainland China."
Both Corbett and Jones will attend private ceremonies being held in Beijing this week acknowledging the commencement of Beijing Sotheby's International Realty. The team is also sponsoring the much-anticipated Beijing Luxury Property Show being held at the Legendale Hotel on May 16-18, of which the Beijing affiliate is a gala host and featured exhibitor. These events are expected to draw more than 5,000 highly-qualified homebuyers and members of global media, whereas only 80 exhibitors will be present. For more information visit: http://beijing.lps-china.com/en
"This appointment and our active participation in events like the Beijing Luxury Property Show have been in development since I first visited China two years ago to explore trends with foreign buyer demand," says Jones. "We are excited to highlight US lifestyle and investment opportunities while showcasing Pacific Northwest real estate at this pivotal time in the global industry."
Jones refers to recent decisions by the Canadian government to cancel their popular foreign direct investor program, whereas prospective immigrants could secure residency in Canada in exchange for interest-free loans to the government. That abrupt cancellation effectively returned more than 60,000 applications, mostly from wealthy Chinese nationals, compelling them to seek out alternatives for immigration into North America including the EB-5 program by the USCIS. Meanwhile pundits suggest a rebounding US housing market is gaining favor over the record-high US stock market as investors seek a higher propensity for capital appreciation in real estate and prefer the political and economic stability of the US.
"American real estate has become a new asset class and, increasingly, a preferred financial safe harbor with less volatility than stocks and greater returns than bonds," adds Jones. "These properties, especially during presale are viewed as a relative bargain compared to other domestic Chinese markets such as Beijing, Shanghai or Hong Kong. The overseas buying trend has been prevalent for decades in Vancouver, BC, San Francisco, Los Angeles and New York City but more recently a spillover effect of demand has arrived to alternative and emerging markets like the Seattle/Bellevue metro area. It helps too that we now have numerous direct flights into China, a robust international culture and a rise of foreign direct investment. Man overseas interests are discovering our booming market fundamentals."
In preparation for the events in Beijing, several custom publications have been generated in both English and Mandarin by a collaborative of US-based brokers to compare and contrast featured cities in North America while also presenting recommended listings. These communications have been arrayed on the website http://www.TheDragonandthePearls.com.
About Beijing Sotheby's International Realty: As the first affiliate of the global realty network to operate within Mainland China, Beijing Sotheby's International Realty is led by Plus Investment, Inc. whose principals have been active in domestic and international real estate development and sales as well as vanguards for importing private jets and luxury yachts into China over the past 25 years. With key interests in aviation, travel and hospitality the brokerage firm maintains unique and exclusive marketing platforms in an effort to modernize the domestic real estate industry within China. Visit: http://www.BeijingSIR.com
About Realogics Sotheby's International Realty: As the leading global realty in the Pacific Northwest, Realogics Sotheby's International Realty operates branch offices in downtown Seattle, Bainbridge Island and downtown Kirkland. Ranked two years in a row among the "Fastest Growing Private Companies" in Washington State by the Puget Sound Business Journal, the collective of more than 90 brokers proudly represent buyers and sellers of all property types and price points both locally and internationally. Award-winning marketing, extraordinary brokers and a truly global network have combined to generate exceptional sales success one client at a time. Visit: http://www.RealogicsSothebysRealty.com
Editors Notes: For high-resolution photography of the venue or principals referenced above, please contact Andrea Savage at 206.448.5752 or email Andrea.Savage(at)SothebysRealty(dot)com.