London to Paris for the start of the Luxury Real Estate International Paris Conference at the Hotel du Louvre.
I took the EuroStar train from London directly to Paris and a taxi to the conference hotel – Hotel du Louvre. What a civilized and efficient transportation system Europe has. I arrive a day early in Paris so I could do more walking in this city that I love so much. And, it was 33F degrees the entire day! I am again reminded that I don’t like being cold. My destination was the Notre Dame. It is a place I visit each time I am in Paris, not only for the overwhelming beauty, but to light candles for my family members who have died. It was inspiring to walk in and have the enormity of this architectual miracle overwhelm me.
Wednesday the 21st excitement began with cocktails and the formal welcome dinner for the 60 luxury real estate delegates from 14 different countries. Caribbean Islands Realty is a member of “Who’s Who In Luxury Real Estate”, and the president of LRE, asked if I would participate in two of the panel discussions. The panel topics were creating a global brand for your real estate company, and what are the most effective methods of successfully marketing luxury properties internationally. I was honored to be a delegate and a contributor.
During the cocktail party each of the world markets represented had unique perspectives as to how the world’s economic meltdown is effecting their bottom line profits, remembering that all real estate is local. And, there are markets that are still thriving and markets that are in dire straights.
It was refreshing to bring the news of what is happening with Caribbean real estate to the group – it is holding it’s own in the midst of chaos. There are pockets of healthy activity and there are some regions that are a mess, However, after listening to other company’s real estate updates, the Caribbean is blessed to still be in such a desirable location.
As I mentioned in my last posting, Caribbean fractional sales are carrying the current Caribbean real estate markets! The purchases are generally all cash with the remaining Buyers securing some type of private financing. There are still some real bargains that you may want to check out. Until next time… your Caribbean Realtor is one duty in Europe, and he is very cold. Contact me anytime for more information today!