Are foreign investors ignoring potential conflicts?

For real estate brokers, international investors can be a coveted goldmine.

For example, the Irish were buying up blocks of condos in new developments at the height of Manhattan’s housing market.  When the dollar was at its weakest, the British were eager to purchase here, and Asians from overseas also proved to be heavy investors in the Big Apple’s real estate.

The New York Times on Sunday focuses on two brokerages that have targeted international investors by offering a package of services.  But nowhere in the piece is there mention of glaring potential conflicts of interest.  Continue reading