Infinity Group Realty 's Eric Sachs on Costa Rica real estate tipsEric Sachs of Infinity Group Realty elaborates on the core of their company and real estate investment in Costa Rica.Eric Sachs of Infinity Group Realty elaborates on the core of their company and real estate investment in Costa Rica. BrokerIPTV: We are talking today with Eric Sachs, owner and broker of Infinity Group Realty and welcome. Eric Sachs: Thank you BrokerIPTV: Thanks for being here. Talking about an interesting topic today, which is Costa Rica, you guys have jumped into the Costa Rica market, but before we go there, tell me about Infinity Group Realty? Eric Sachs: Infinity Group Realty is a locally owned office in Fort Collins, Colorado. My business partner, Nathan Froelich and I both worked for other companies in the past and about two years ago, we wanted to open a company that based itself around it's agents rather than some other ideals that we were working for in the past. We currently have 20 agents in Northern Colorado, an office in South Denver with three agents, and an office in Costa Rica. BrokerIPTV: All right. Why Costa Rica and why now? Because there is a lot of different resort area, second home, vacation home areas that you could pick? Eric Sachs: Right. Costa Rica right now is one of the top real estate markets in the whole world. We are seeing anywhere from 30% appreciation per year and up. It is a titled real estate property, fee simple ownership, much like the United States. A lot of the second home markets in the world are not titled ownership, not similar ownership to how you see here and we really love that facet of the Costa Rica market and it is booming right now. We fell in love with the country. We love the country. There are many places that you can find the inventory in Costa Rica. You can find it. You can Google Costa Rica real estate. There are local real estate companies throughout Costa Rica. There is no multiple listing service in Costa Rica. So, you do need to be careful. You see lots of different prices for lots of different homes. So, you need to know what you are looking at. Our website has lots and lots and lots of listings, but you really can find them any where on the Internet. BrokerIPTV: Is that scary though because the picture looks like it's five star and when you get there, it is really a crash shack? Eric Sachs: You know, the answer is yeah. It is scary. You do need to do your research. You need to know who you are working with in Costa Rica. You need to work with a reputable company. There are many, many good companies in Costa Rica and you just need to know who you are working with and I recommend to agents that I talk to that you go to Costa Rica. If this is something that you are going to make not just one or two transactions a year, that you want to make this part of your business, and you want to put it in your toolbox, take a vacation, go spend 10-14 days in Costa Rica, and understand what the country is about and what the real estate market is about, and it will relax your fears of that. BrokerIPTV: And you might just relax. Eric Sachs: You might relax. You will just relax. BrokerIPTV: Thank you. We are going to be talking more about that. Appreciate that information. Great. Eric Sachs: Thank you. http://www.brokeriptv.com/00018B Posted on April 24, 2008 05:30:15 by Mark.Eibner
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