FAQ 1
1. How much time and money can you
save me?
|
Costs without
hiring English & Associates |
|
|
|
|
|
Property purchase price |
$ 115,000 |
|
3 flights to Argentina (twice to
find the right property and once to close) |
$ 3,600 |
|
12 nights in
a hotel (4
nights each trip) |
$ 1,800 |
|
12 day car rental (4 days each trip) |
$ 900 |
|
12 days
of food and other travel expenses |
$1,200 |
|
Tax liability from agreeing to not declare a portion of
the purchase price |
$10k-20k |
|
Standard Notary Fee (2%) |
$ 2,300 |
|
Standard Wire Transfer Fee (2%) |
$ 2,200 |
|
Total Cost (assumes property has no costly hidden
problems) |
$ 137,000 |
|
Savings
from hiring English & Associates |
|
|
|
|
|
Purchase price (15% reduction
negotiated by English & Associates) |
$ 97,750 |
|
1 flight to Argentina (to select a
pre-qualified property that we later close on for you) |
$ 1,200 |
|
4 nights in
a hotel or
apt. at reduced rate |
$ 480 |
|
4 day car rental at reduced rate |
$ 260 |
|
4
days
of food and other travel expenses |
$400 |
|
Reduced
tax liability due to
declaring the max. possible purchase price |
$0 |
|
Reduced Notary Fee (1.5%) |
$ 1,465 |
|
Reduced Wire Transfer Fee (1.5%) |
$
1,711 |
|
Total
Cost |
$ 103,266 |
|
|
|
|
Total Savings via E&A
(not including the value of saved time and the value of
not making a bad purchase) |
$ 33,734 |
This example is for comparison purposes
only in order to highlight the savings that we often obtain for
clients.
Because every transaction is unique, actual costs and savings
vary.
2. Why should I pay you to find properties for me - don't realtors do that
for free?
-
Realtors
receive a commission from both the seller (3%) and the
buyer (3%), so it's to their advantage to sell for as much as
possible and
not disclose negative information about a property. Because
we
receive no commissions, we are 100% aligned with your best
interests.
-
Most
realtors show only the properties they have in their
portfolios, so if you work with just one or two of them
you see only a fraction of what's on the market. During a
search, we deal with as many as 20 realtors at once.
-
Realtors are not Agronomists
or Builders. Despite what they claim,
most are ignorant of the technical pros and cons of the
properties they are selling and their suitability
for your plans. We pre-inspect properties with certified
experts in order to keep our
clients from making mistakes that cost them time and money.
-
Very
few realtors in Argentina speak English well, and even fewer have the
technical vocabulary to adequately answer your questions
and clearly explain essential legal, tax and banking information.
You won't encounter a culture or language barrier with
English & Associates.
-
Unlicensed "agents" in Argentina often try to sell
properties to foreigners that have serious hidden problems
such as unpaid taxes, liens,
inheritance lawsuits, or high salinity or Nematodes (in
the case of rural properties). We
maintain a black list of bad realtors so as to not waste
time looking at junk properties.
-
Opposite to many countries, in Argentina it is the
buyer's responsibility to run financial projections on a potential
investment (and when such data is supplied by the seller or
broker it is often unreliable: see example). We provide
unbiased estimates of future income and expenses for
properties our clients are considering.
-
When it
comes to the purchase of a property, we can save you thousands of dollars by helping you understand
fair market values and Argentine bargaining tactics.
Commissioned realtors want to sell for as much as they can
-- we just want to help you negotiate the lowest possible
price.
-
We
obtain for our clients special rates on hotel rooms and rental cars as well as reduced fees on wire
transfers and other transaction costs. These
savings are not available through most realtors and
more than offset the cost of our services (see
example).
3. What makes English & Associates unique?
-
Our
Business Model - We are ideally
suited to help you
find and purchase the property you are looking for since we receive
no commissions of any kind and represent only you, the
buyer.
-
Market
Knowledge - On a yearly basis we physically inspect hundreds
of properties. This gives us a unique knowledge of the market
and property values (a reliable database of sale prices like
the MLS system in the United States does not exist
in Argentina).
-
Management
Style - English & Associates is managed according to
principles taught in the world's leading business schools, and
adheres to globally recognized best practices.
-
Detailed
Information - All of our clients receive a formal Client
Handbook in English that contains detailed legal, tax and banking
information as well as costs for building materials and labor.
- References - We have satisfied clients from around the world
who are willing to tell qualified prospects about their
positive experiences working with English &
Associates.
4. Do you cover all of Argentina?
- We travel to all areas of Argentina to
assist clients with purchases or represent them at Closing (including
Buenos Aires, Salta, Cordoba, San Juan, San Rafael, Bariloche, San Martin de los Andes and Esquel).
5. What is the profile of your
typical client?
6. I'm interested in your services -
what's the next step?
- Please contact us at
info@english-associates.com to arrange a time for a
conference call to discuss your questions and specific needs.
Or, email us and we will send you our standard Rate Sheet
with descriptions of our services and their cost.
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“We
didn't waste time seeing properties that were over my budget or fraught
with problems. I really felt like David and the E&A team had
my best interests at heart and truly wanted to help me find what
I was looking for.”
Gene Kievit
Management Solutions Int'l
(Manchester, New Hampshire)
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