International transactions are significantly different and more complex than domestic deals, no matter what countries are involved.
From currency issues and financing to visa and tax laws, working with a REALTOR® who knows how to handle these differences can make or break the purchase or sale of your home. Because of these nuances, it is essential to work with a knowledgeable and trusted professional.
What is a CIPS?
A Certified International Property Specialist (CIPS) designee has undergone specialized training to complete international transactions seamlessly and with reduced risk.
The CIPS designation is the only international designation recognized by the National Association of REALTORS®. Only REALTORS® who have completed the coursework and demonstrated considerable experience in international business can call themselves a CIPS designee, and use the name and logo.
CIPS designees must complete 5 full days of study focusing on the critical aspects of international transactions, including:
- Currency and exchange rate issues
- Cross-cultural relationships
- Regional market conditions
- Investment performance
- Tax issues
After they have completed the coursework requirements, designees instantly join a tight-knit network of over 2,800 international property professionals around the world. These referral partners can help you do business in over 50 countries, and ensure that you will receive the same level of service no matter where your next home is located.
Designees are well-informed and prepared to work with international clients, so you can be sure they will provide a smooth and seamless experience for foreign buyers. They have access to a wide network of professionals to assist you with inbound or outbound transactions around the globe.