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The Real Estate Adviser |
January 18, 2007
NEW YORK — The comment simply added an international flavor to what has become an on-going wrestling match about real estate commissions. In fact, “60 Minutes,” the popular CBS television program, even showed up to tape The Main Event of the Real Estate Connect NYC Conference.
Simon Baker, a successful Australia-based publisher of real estate information who is now managing director and chief executive of realestate.co.au Ltd., a Web site posting property listings in several countries, was part of a panel discussing how and where high net worth individuals were purchasing real estate around the globe. Many high-end agents based in the United States explained how they had contacts and clients in foreign countries — Russians, Germans, Italians, Japanese — who had come to the states and bought expensive homes and apartments.
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