What Chinese buyers want when house-hunting in the US

Chinese buyers spent over $22 billion in US real estate market last year, replacing Canadians as the biggest foreign buyers. The experience of Mr. Liu, a successful business man in China's Henan Province, illustrates the typical homebuying activities for Chinese people in the US market. After obtaining green cards for his family, he decides to realize his American dream and move to Orlando, Florida. His top priority when searching properties is not about the property itself, but an excellent school district, as his 8-year-old daughter and 3-year-old son need a good elementary school. This is very common with our Chinese buyers. In 2014, close to 270,000 Chinese students were studying in the US. Therefore, understanding the priority of Chinese buyers is critical to build the relationship with them for US agents. Inman has the full story here.