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MIAMI-US Condo Exchange LLC, a condominium website, has enteredinto a strategic alliance with ImmobilienScout24, a German website.James Haft, US Condo Exchange's CEO and co-founder, tellsGlobeSt.com that the alliance is part of the group's efforts tocreate a global multiple listing service for condominiums. "We lookat real estate as local supply and global demand," Haft says.

Under the agreement, listings from the exchange atwww.uscondex.com will be featured on www.ImmobilienScout24.de,Germany's largest real estate website. The Condo Exchange websitehas about 60,000 listings, 45,000 of which are located in Florida.Germans, like other Europeans, view vacation markets such asFlorida as great purchase opportunities due to the exchange rateand other factors, Haft explains. "They like American culture, theylike American shopping," Haft says. "With the exchange rate, it'srelatively less expensive to purchase here than in Europe."