JINLIST.COM STARS AT LIBOR TECHNOLOGY FAIR
Having been selected as a Long Island Board Of Realtors (LIBOR) preferred vendor, JinList.com had a very successful show at the 2015 LIBOR Technology Fair. Real estate professionals from all over Long Island and Queens stopped by JinList’s booth to learn about its Service Plans for LIBOR members. Realtors showed strong interests in JinList.com, the leading platform dedicated to connecting U.S. real estate professionals with affluent Chinese buyers. Jin Zhao, President of JinList.com, was interviewed during the Fair by First Hampton International Realty on the Chinese buyers’ interest in New York real estate in general and in the Hamptons and Long Island in particular. The Technology Fair was a great success for JinListTM.
Zhao also pointed out that, with its affiliate sites, JinList.com has access to over 18 million active users in 363 cities across China including Hong Kong and Taiwan. Zhao further commented that JinList.com also connects with local high net worth Chinese buyers in 200 major cities across the U.S.
Chinese Household Income and US Real Estate
Chinese household income is what really counts, despite the bumps in its overall economic growth, commented Zhao. Income has to precede consumption. China's household income is reported to be in the range of $5 trillion a year. The real household income could be even larger if one counts the unreported or under-reported income.
In JinList’s view, Chinese household income remains great, part of which is due to its cultural priority on savings. Chinese household savings provide a cushion if a family member gets sick. A significant portion of Chinese household savings is allocated toward children’s education.
In 2014, Chinese students in the US reached 274,000, a 339% increase from 2004 (and a CAGR of 18%). Chinese students currently account for 31% of total international students studying in the US. With international students in the US representing $26.8 billion in total tuition for 2014 (and supporting 340,000 US jobs), the implied revenue from Chinese students totals $8.3 billion.
Recent studies suggest that 85% of high net worth Chinese want to send their children overseas for education. The US is often cited as the No. 1 destination for children’s college education. Cities and surrounding suburbs that have good schools are a natural magnet to the Chinese investments in real estate.
JinList.com Earns LIBOR Preferred Vendor Status
September, 2015 saw JinList.com selected as a Preferred Vendor by the Long Island Board of Realtors (LIBOR). Karen Yan, Executive Vice-President of JinList.com, said that the JinList.com team is very excited about this prestigious selection by LIBOR. Yan further commented how JinList.com will help LIBOR’s 20,000 plus members connect with affluent Chinese buyers in China and the U.S. She said that by working with its affiliate sites in China, JinList.com connects high net worth Chinese buyers not only in major metropolitan cities such as Beijing and Shanghai, but 363 cities throughout China plus Taiwan and Hong Kong. We are ready to provide the best service to the LIBOR membership, she said... Read More
Chinese The Top Buyer of U.S. Residential Real Estate
Chinese investors and developers are buying New York City’s iconic buildings at never-before-seen levels, sometimes paying prices that other local buyers baulk at.
“Frenzy is perhaps appropriate in characterizing it,” said real estate technology executive Karen Yan of JinList.com, who is familiar with some ongoing transactions. “New York is the favorite place for Chinese investment capital, and Mid-town Manhattan is a big magnet for them.” Read More
About JinList.com
JinList.com is a professional online platform dedicated to connecting affluent Chinese buyers with real estate professionals.
JinList™ has direct access to over 11.8 million registered users in 363 cities throughout China behind its Great Firewall. It is also connected with local Chinese communities in over 200 cities in North America. JinList™ helps real estate professionals and developers promote their expertise, brand and property listings among high net worth Chinese buyers. JinList™ has a dedicated professional team based in Shanghai, China and Great Neck, NY. JinList™ local translators get your listings seen in China and translate your property descriptions in idiomatic Chinese.
JinList.com utilizes breakthrough technologies and innovative products that captivate people.
The JinList™ audience is engaged, ready to listen and make purchase decisions. Becoming a JinList.com member will extend your visibility and reach into a diverse, rich, and Internet-savvy group of buyers.
If you would like JinList™ to help grow your Chinese business, sign up and start submitting your listings today. For any questions, please feel free to contact us at contactus@Jinlist.com
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This is an original publication by JinList.com. Although citation with full acknowledgement may be allowed, no copy or republication is permitted without written consent by JinList.com.
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