Quote:
Originally Posted by The Major
JMBROAD,
Thank you kindly for your prompt and knowledgable reply.
Are your research skills retainable and if so, on what basis?
Regards,
The Major
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I am currently employed by an international real estate agency, researching countries where I speak the language (Portuguese, Spanish, English & German). I have a confidentiality agreement with this company which prevents me from working on a freelance basis however that does not prevent me from offering general advice on the forums.
I'm participating on the forums as a potential investor myself and as such stated long ago that I wouldn't publicly advertise the company I work for or the product we are selling - my goal here is to hear the opinion of investors and debate the market trends with them.
We have established the right investment strategy to follow in Berlin and have done the groundwork to set up client support (legal representation, notaries, local agency to tour clients, etc) however there is a limited supply of the right product on the market. Almost everyone is selling the same product... When we started in Berlin 6 months ago we went with the flow and were doing the same pitch as everyone else. I was asked to look into Berlin quite recently and after I went out there in December with my colleagues we confirmed that we had identified the right investment opportunity which we feel will maximise the investment potential of the city... It was my eighth or ninth visit to Berlin since I first visited in 1997 and the change to the city has been tremendous.
We are currently using our network of developers on the ground to create the product which fits our assessment of the market, rather than contracting the product then work the pitch around what is available. It obviously takes some time for the developers to find the right properties and adapt them to our needs. Broker training was last week and we hope to have refined our product selection by the end of January, middle of February. We have one product on the market which fits our strategy and it has sold very quickly, including one of our own brokers invested in it when we contracted it at the end of the year.
Having said that if you want, send me a pm and I'll put you in touch with the broker who bought in Berlin himself and you can discuss it with him. Alternatively, you mentioned you are a developer in the UK. As we are working with developers to provide us with the product for our clients, we may be able to work something out where we identify the product for you, you adapt it to fit the strategy so that we can offer it to our investor clients.