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To get on an email list to be notified of future Global Business Council events, contact Linda Stoeckicht at lindas@mplsrealtor.com or 952.988.3157.

Businee Data for Engaging in International
Real Estate Transactions

Globally Correct

Tipping Etiquette 101 – Americans are notorious over-tippers in foreign markets, which may make us popular with service providers, but may also demonstrate our cultural ignorance to local business partners. In many places, a service charge is already included in the bill, or local customs dictate a percentage below the standard 15 percent - 20 percent in the U.S. Be knowledgeable about local tipping customs with Condé Nast Traveler's Tipping Guide.

World Citizen Guide – If the world were a village of 100 people, where would you fit in? As we tend to group with others like ourselves, it's easy to feel very centric. REALTORS® doing business with global clients and customers will be well served to remember that most of us are a minority in the global view, regardless of our faith, country of origin, and other variables. See where you fit in if the world was a village of 100 people. Report compiled by NAR International Operations.

Communicate Globally with the Google Web Translator Tool – NAR has put into place the Google translation widget at the launch page for International REALTOR® Members. This free widget translates not only the initial web page on which it sits into 30+ languages, but also translates linked pages and subsequent linked pages and so on down the line (sort of 6th degree of separation concept). While electronic translation isn't a perfect science, it's improving all the time and most find the Google tool to be more than sufficient in terms of web site communications. Check it out. Download the Google translation widget for use at firm and agent websites to add an global element to online presence.

Global Real Estate Research – NAR's complete list of global research topics.

State-by-State International Business Reports – NAR precents economic and demographic data related to global business activity directly associated with each of the states. There are 51 reports—one per state and for the District of Columbia. State specific demographic and economic data are available in each state report on a variety of topics.

Minnesota International Hosting Opportunities – The Minnesota International Center, of which MAAR is a member, has opened their global hosting opportunities to our association members. There are a number of interesting options available each month. To volunteer or for more information, please contact Hayley at mhkanlyn@umn.edu or 612.625.6159.

Cross-cultural differences can make or break a business deal. Before you begin working with a client or customer from outside the U.S. (or a U.S. resident with strong ethnic ties), take a few minutes to review the Etiquette and Customs and the Business Etiquette sections of the Kwintessentials Cross Cultural Solutions country profiles. Each country profile also offers a few facts and statistics about the country, a list of related links, and a map of the country. Available for 65 countries.

Global Tools

Currency Exchanger

Metric Converter

Time Zones Website

 

World Calendar

International Area Codes

Translation Site

getcustoms.com

kwintessential.co.uk

More Resources

For more information on anything related to our global programs, contact Linda Stoeckicht at lindas@mplsrealtor.com.

Thailand Ambassadorship
 

 

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