What makes the difference between international real estate and real estate in North America? Here are the four reasons. 1. New York dominates the ranking of the most attractive cities. New York strengthens its position on the world's leading investment property, with annual growth of + 20% year-on-year, ranking # 1 in Cushman & Wakefield's "Winning in Growth Cities" investment index the 8th consecutive year. It retains its second place in the ranking of the most favorable ecosystems for startups. The wages of developers are high, its natural attractiveness, its financial rental and its location. The market is dynamic. Demand remains strong for goods under $ 5 million. Many new luxury programs are emerging and the arrival of Amazon's head office is revitalizing Long Island City. 2. Canada's good economic health. Canada, one of the most prosperous countries in the world In terms of GDP per capita, Canada is the 20th richest country in the world, just ahead of France. In terms of the HDI (Human Development Index), the country ranks 12th in the world (France is 24th). Newcomers make up 21% of all property buyers in Canada, according to a Royal LePage study. At the national level, Quebec is just behind Ontario when it comes to attracting newcomers who want to come to live and work (19%). Currently, newcomers to Quebec also account for 19% of all property buyers in the province. According to forecasts, they will be responsible for the purchase of 102,000 properties in the province over the next five years. 3. Contracts. Open sales contracts limit the possibilities of the seller because of the costs associated with non-dedicated representation and misperceptions of buyers. Controlled North American markets where most common agreements are widely held. In Europe, for example, it is common for homeowners to ask for several real estate agents to sell their property. In this case, the commission is paid to the buyer. From the perspective of the owner, more associates equates to more potential buyers and competition among associates adds a sense of urgency, favoring a quick sell. Overall, with an exclusive list - a single broker - associates are much more motivated and personally investing in the market. In the end, it 's the customers who' s the best buyers in the world. buyers of other agents. 4. Lack of regulation and applicable law. An unregulated industry leaves all parties vulnerable and lacks trust. In North America, the issue of licensing and enforce laws and regulations. These laws protect agents and consumers and provide for everyone involved in a transaction. There is no equivalent at the same level outside North America. In many markets, no qualification or license is required; almost everyone can sell a property and sometimes everything is allowed. With respect to laws that exist outside of North America, their type and enforceability varies substantially, and they only apply to the national level. The lack of regulation has its consequences. For example, they reduce their willingness to share a dispute in their dealings with other parties (for example, expensive and take a long time to resolve. A lack of regulation may also lead to the creation of a broker. Together, these problems are related to all levels of real estate, ranging from inaccurate data and financial reporting to a lack of clarity about the rights of all concerned.