The US real estate market can currently seem like a headache for foreign investors with things like limited inventory, rising interest rates, chaotic bidding wars and complex regulations. However, Mike Tetreault (Tate) and his real estate brokerage ‘The Tate Team’ have developed a way to win despite all the madness.
Tate said: “We’ve pioneered a way to find our own off-market inventory so our clients no longer need to fight amongst the public for overpriced properties. We can tell you who wants to sell. a property before anyone even knows the seller wants to sell. Need a luxury condo, a house, a large multi-family investment or a strip mall? Want to cut out the competition and not have to enter in a bidding war with anyone?We have the ability to find this exclusive marketplace inventory anywhere in the entire United States.
How could a company realistically find more real estate sellers than is publicly available on the internet? Asked about the skepticism, Tate said: “Our whole system was not created overnight. It literally took years of development and lots of trial and error. Thanks to the huge leaps forward in data collection , predictive analytics and artificial intelligence in the real estate sector, we have combined this with high-level sales techniques to be able to find exclusive off-market properties for our clientele”.
Tate’s team is based in Massachusetts, USA, but the company operates virtually anywhere in the US and internationally. Tate confirmed that UAE property investors make up a large part of the Tate team’s client list. “First and foremost, we respect the privacy of our clients and keep all transactions and client names confidential unless otherwise specified by the client. However, I can say that the relationships we have with our UAE investors are among the best,” Tate added.
Asked how he got started with UAE investors, Tate said: “Being here in Massachusetts, many UAE investors send their family members to receive world-class medical care or attend prestigious universities. When they need a place to live while in Boston, they come to us and we find them a property that fits all their needs. After that, the conversation usually turns to real estate investing, and we love being able to help them navigate the US real estate market and find them deals that will produce substantial returns.
Regarding his prediction of what the next two years will look like for the US housing market, Tate said, “Listen, nobody has a crystal ball and even the best analysts are sometimes wrong. Right now, it’s ultra-competitive with limited inventory that everyone is fighting for, coupled with rapidly rising interest rates. However, for large hedge funds or large investors with cash, now is the perfect time to buy, and we are able to find exclusive deals first so you don’t have to compete with others.
Please feel free to contact the team at The Tate via their website or email, and they are ready to assist you with all of your United States real estate needs.
Check out the Tate team at www.thetateteam.com. Also find him on Instagram @theofficialtate and twitter @mike_tetreault_