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INTERNATIONAL HOUSTON INTERNATIONAL HOUSTON Oscar Gonzales, MBA, PhD
14

International Houston 7.09.2014

Aug 23, 2014

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Real Estate

Oscar Gonzales

With more than 90 consulate offices, 20 foreign banks, representing 9 nations, 765 foreign-owned firms, 395 companies with branches in 143 nations, and $ 252 billion in foreign trade, Houston’s real estate market is changing. Servicing International homebuyers and sellers is not as complicated as you think and following a few simple steps can open a whole new customer segment for farming.
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Page 1: International Houston 7.09.2014

INTERNATIONAL HOUSTONINTERNATIONAL HOUSTONOscar Gonzales, MBA, PhD

Page 2: International Houston 7.09.2014

The Houston Region is now the most ethnically and culturally diverse large

metropolitan area in the country.

Page 3: International Houston 7.09.2014

Houston region is an influential global market leader with impact worldwide.

The Houston region :

• Busiest U.S. port in foreign tonnage

• Top Metro Exporter: $110.298 Billion

• More than 90 consulate offices;

• 20 foreign banks, representing 9 nations;

• 765 foreign-owned firms;

• 395 companies with branches in 143 other nations; and• More than 3,300 firms, foreign government offices, & nonprofits conducting international business.

Page 4: International Houston 7.09.2014
Page 5: International Houston 7.09.2014
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Houston’s Population by Age & Ethnicity

Page 7: International Houston 7.09.2014

The HowThe How

Page 8: International Houston 7.09.2014

• High context communication

• Close space perception and more comfortable with close personal contact

• More oriented towards “being” in relationships than “becoming” one

• Flexible about time vs. rigidity

• Likely to place a premium on flexibility in relationships

• Avoidant of direct eye contact in certain situations

• Freer with physical expression

International Home Buyers & Sellers Demonstrate:

Page 9: International Houston 7.09.2014

Communication

Page 10: International Houston 7.09.2014

Communication

• The difference in communication style makes a difference in how someone is perceived.

• Words account for only 7% of the meaning conveyed in a message.

• 93% is our tone of voice and non-verbal behavior.

Page 11: International Houston 7.09.2014

“Low” Vs. “High”

High Context Low ContextPrevalent in: Asia Russia Middle East Latin America Southern Europe

Prevalent in: United States Canada Northern Europe

Nonverbal communication is important. Precise verbal agreements are important.

A contract is the basis of a relationship. A contract is binding and exists apart from a personal relationship.

Time is fluid, and schedules tend to be flexible. Time is treated as a commodity, and schedules are carefully observed.

Formality, face-saving communication, and relationships arevalued. A slower pace is needed to build relationships.

There is a preference for informality and direct communication. Results are valued. Accustomed to a fast pace of doing business.

Observe punctuality.

Page 12: International Houston 7.09.2014

Tips on Language

• Be sensitive to how they reply to your first words. – If they answer in Chinese, Vietnamese, Arabic, or Spanish or heavily

accented or broken English slow things down a little.

• CHILL Often times, when we are dealing with non-English speakers, we become tense, irritable, and tend to raise our voices, as if by increasing the volume of what we are saying will help.

• In speaking with non-English speakers, be sparse, simple and straightforward.

• Do not use jargon, slang or colloquialisms.

Page 13: International Houston 7.09.2014

80% to 90% of a culture is reflected in nonverbal messages. • Eye movement• Facial gestures• Hand, leg, and body gestures as well as body orientation

and posture • Use of distance and touching• Tone of voice• Cultural context

Reading Non-Verbal Signs

Page 14: International Houston 7.09.2014

INTERNATIONAL HOUSTONINTERNATIONAL HOUSTONOscar Gonzales, MBA, PhD

THIS PRESENTATION AVAILABLE @THIS PRESENTATION AVAILABLE @WWW.SLIDESHARE.NET/OSCARGONZALES35WWW.SLIDESHARE.NET/OSCARGONZALES35