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GTSA Social Media Real Estate Marketing – How well are we doing ?

Disruption to traditional Real Estate Marketing Over the past five years, the way real estate is presented to clients has changed dramatically right around the world. In the past, you could put an advertisement in the local newspaper and expect the phone to ring. Property sold. Now that we have a global market place and so much immigration and migration between previously unconnected countries and locations we have a new challenge. How to reach the attention of busy stressed people looking for a change…

Why testing the market is a waste of time and money

In soft market conditions, I struggle to understand the motivation of some vendors who list their properties for sale but were unlikely to ever accept the reality of what buyers are prepared to offer.  The thing is I don’t really get why they would bother because it takes a lot of effort and a lot of their money to essentially just test the market. Why would anyone go through a campaign that lasts a number of weeks, costs a few thousand dollars, and requires keeping your property fastidiously clean to then…

High-Value Property Marketing “The case for pre sale offers”

There are many different methods available for the marketing and sale of specialised high-value properties in addition to the traditional real estate listing arrangements of auction and tender type formats. There are of course advantages, disadvantages and tradeoffs associated with every marketing approach; and the best strategy for the marketing and sale of a specific property will vary based upon the ownership objectives and the particular property. One approach, which can be the optimal method in certain…

Spotlight: Global Farmland Index 2018

image of Investment in Farmland
Measuring the opportunities of farmland investment across the world SUMMARY ■ Our Global Farmland index recorded an average annualised growth of 13.3% since 2002 and 2% over the past five years. ■ Although pressure on commodity prices has slowed growth in values in recent years, the long term fundamentals of farmland ownership still apply with increased food production and competitive land use driving demand. ■ Our Opportunity v Risk Matrix tool considers these relative opportunities and risks of farmland…

USA soybean farmers count the cost of the trade war with China

Between September and December, soybean volumes shipped through Cargill’s river terminals in Louisiana are down 40 percent year on year. After US President Donald Trump imposed new tariffs on Chinese goods, Beijing punched back with duties on US exports including most of its $20bn in agricultural commodity sales. Soybean exports, worth $12bn in 2017, were hit hardest. The oilseed’s conquest of farm fields in the past 20 years has largely been down to US farmers gambling on China’s demand for…

High performing Real Estate professionals hate open-plan offices and now there is proof they reduce productivity

It has been one of the pillars of early real estate office design and workplace theory: that open offices, with fewer walls, doors, and spatial boundaries, would encourage interaction and collaboration between competing commission salespersons. A central tenet of the co-working phenomenon was the assumption that the mingling with other real estate salespersons would expose them to a bounty of new transactions. With that in mind, many brokerages have taken the bait to tear down office walls, dismantle cubicles…

Punta del Este in Uruguay: a magnet for financial events targeting millionaire investors

Investment banks from the United States and Switzerland have invited current and potential clients to breakfasts, lunches, and dinners such as at the Narbonne Estancia with economists and political scientists who are paid up to USD 4,300 for lecturing one hour about finance and the economy. They seek to find the ‘high net worth individuals which have from USD 1 million in liquids funds or family offices of ‘ultra high net worth’, which have from USD 10 million in liquid funds to invest. As…

The Vestey Meat Empire in South America

The Vestey Brothers were once the largest meat retailers in the world The company once controlled one-third of the refrigerated storage capacity in Britain and two-thirds of multiple butchers shops. It accounted for 20 percent of all meat imported into Britain. Origins and early growth William Vestey (1859 – 1940) and Edmund Hoyle Vestey (1866 – 1954) were born to Samuel Vestey, a Liverpool provisions merchant. William Vestey William Vestey was sent to Chicago to scout for opportunities in 1876. He was…

China’s Conquistadors Are Marching Across Latin America

When two elephants fight, it’s the grass that suffers. Or so says the old African proverb. But in Latin America, the grass seems to be doing rather well from the ongoing jostling between the US and China. In August El Salvador was the latest in a string of Central American countries to switch diplomatic relations from Taiwan to China. In Panama, US protests managed to prevent the opening of a new Chinese embassy on the mouth of the canal but with 26 diplomatic agreements signed in the last year, it is merely…

Good news for Uruguayan dairy farmers: exports up 17%

Uruguay’s exports of dairy products between January and November were worth 636 million US dollars, which represents a 17% increase compared to the same period last year, the National Milk Institute (INALE) announced Monday. Milk powder and butter were the products behind such a significant improvement, according to the INALE. The INALE report, based on records from the National Customs Directorate, showed that the main destinations for Uruguayan dairy this year were Algeria, (31%), Brazil (22%), Russia…

Artificial Intelligence is replacing conventional Real Estate auctions

Artificial Intelligence auctions gain momentum as the first English commercial property is sold by gAbi, the clicktopurchase® AI auctioneer In October, the world of property auctioning witnessed a significant development, with the first property sale being concluded by an Artificial Intelligence auctioneer. The property in question was a house in Sweeney’s Terrace, Dublin, being sold by Allen & Jacobs. Offered at a guide of €250,000 (~£225,537), the property sold by way of a clicktopurchase® auction,…

How to buy a property in URUGUAY

How to buy a property in URUGUAY Buying a property in any country abroad can be a daunting thought. Especially with all the different rules and procedures, each one has. We’ve set out here an easy step by step guide to the essentials when looking to buy in Uruguay. Firstly you will want to consider where to live or buy a property as the location is very important. When looking at Uruguay you must consider location and weather carefully. Published annual rainfalls can be misleading as although the annual…

Are there no rights beyond survival in the world ?

The incessant clamor for rights and fairness no longer reaches just across society but winds back through world history. Past wrongs, too, must be put right. The appeals are invariably emotional. There is no analysis of the nature of the rights being asserted, the principle of fairness being established or who it is, that is responsible to put matters right. It’s enough just to make the claim. We live in an era when it seems the more rights the better and the more ways we can claim fairness the more civilised…

Is Socialism the Answer for South America Social Inequality ?

Socialism is entirely an emotional response to the world’s problems. Its great virtue is that it requires no thought. It is only the need to feel. There’s also no need to do anything. That’s the government’s job of course. Under socialism, the government owns the monopoly on doing stuff. Fixing things is not for individuals. That’s because only government has the necessary power and resources to put things right. Of course, socialism runs hard up against government having never fixed anything but…

GTSA – Activity Update for November 2018

GTSA REGIONAL UPDATE Here is a short update on what’s happening in our region over the past few months. Argentina: Residential – Buenos Aires The Buenos Aires local residential market has slowed due to the Peso devaluation, poor financing options, and very high inflation. However, there has been a very high influx of tourists, some of which are turning into residential buyers due to the low prices. Farm Market: The farm market is still suffering from a lack of profitability in some sectors and as…