Chinese zeal for US homes keeps cash registers ringing for realtors

Real estate-related companies sweeten deals, pamper prospective buyers with attractive freebies to garner business, reports Bloomberg.

Just how confident is Los Angeles property broker Erik Coffin that he can interest Chinese clients in high-end Las Vegas villas? He is charging $4 million a month for a quick glimpse.

It is not just any tour. The marketing push is set to start next month for these twice-monthly journeys that cost $250,000 for a seven-day, private jet and Rolls Royce-chauffeured trip to the United States heartland. Eight-person groups also will be offered consultations on plastic surgery and wealth management.