Spanish becomes a valuable tool in career - for the North Carolina real estate agent

Now an agent with Keller Williams Realty in Kernersville, Peregrina has found that being bilingual has paid off, but in ways he never imagined. How many Realtors can explain fideicomiso, or escrow, in Spanish? For his Spanish-speaking clients, Peregrina has become as much of an educator as he is a real-estate agent.

“It can be a very confusing process. Like adjustable-rate mortgages really confused a lot of people, and agents had to use young children to translate during the complicated process of buying house,” Peregrina said.

He noted that in the Mexican culture most people do not go into debt to buy their homes. They start to build their houses and then stop until they get the money to complete the construction process, sometimes taking two to three years to finish.”*

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