MIAMI—With foreign buyers continuing to make waves in Miami's real estate market, an alliance of three French brokers in the area have launched a non-profit organization that pairs French-speaking realtors in South Florida with French-speaking buyers around the world looking to enter the market. It's called the Fédération des Professionnels de L'Immobilier de Miami (FPIM).

Members of the new federation speak fluent French, are accredited by Florida's realtor associations and adhere to a strict code of ethical conduct, according to Marie-Charlotte Piro, founder and president of the new federation. Coming alongside Piro, who is vice president of MC2 Realty, the founding board of the federation includes Thibault de Saint Vincent, CEO of Barnes International and Franck Dossa, president of Plaza Brickell International.

“Clients from France don't understand how differently the real estate industry works here in the US,” says de Saint Vincent. “'Different' can be better and 'different' can be more complex. For example, there is no such thing as a Multiple Listing Service (MLS) in France, which is a wonderful tool here. The MLS here means buyers can work with one agent who has access to thousands of listings, regardless of the listing company. In France, a broker can only show you his or her personal listings.”