Showing posts with label RE/MAX Paradise Realty. Show all posts
Showing posts with label RE/MAX Paradise Realty. Show all posts

Tuesday, September 27, 2011

RE/MAX Bahamas Agent Spotlight - Zack Bonczek

After nearly 18 years of sales, and over 10 as a licensed agent/broker, Zack Bonczek is at the top of his game! He is the Sales Manager here at RE/MAX Paradise Realty and he is also on The Board of Directors for The Bahamas Real Estate Association and currently is The Chairman of The Education Committee.

Zack’s biggest focus in 2011 has been to become a great listing agent. Realizing there is an emotional attachment to property, his goals are to explain to seller’s the dynamics of the market, show them where their property fits into the market and to design a specific and tailored marketing plan to ensure success. Pricing properties right and executing the marketing plan has produced excellent results!

Zack takes pride in all of his endeavors and is especially keen on helping agents, both at RE/MAX Paradise Realty and in other companies, grow personally and professionally. It is a rare day when Zack doesn’t have some helpful advice to share with his colleagues. If you’ve never had the opportunity to work with Zack, give him a call or send him an email! You will not be disappointed!

Wednesday, September 21, 2011

RE/MAX Bahamas Agent welcomes new baby!

Proud parents, Sarah and Kurt Munro recently had a new addition to their family. Xavi Lee was born on the 20th day of September 2011 and weighed 8 lbs 1 oz - A Healthy baby boy!

Congratulations on your new miracle!

Xavi Lee will have a lot of fun growing up with his big brother Zane who is 4 years older.

Monday, September 12, 2011

RE/MAX Bahamas Office Social

This quarter’s event took us to The Harbour Lounge at The Green Parrot, where we dined on succulent starters, such as Lobster Guacamole and Jalapeno Calamari, and divine thin crust pizzas including Frutti di Mare and the traditional Margherita! A meal like this wouldn’t be complete without a couple of tasty libations to wash it all down!

“At RE/MAX Paradise Realty, our quarterly office social has become an important part of our team building! Social interaction outside of the normal business environment allows our team to become a stronger, more cohesive unit”, explains Craig Pinder, Broker/Owner of RE/MAX Paradise Realty. “We are already looking forward to the next event in a couple of months!”

At the Wine Lounge: Pictured left to right - Craig, Sarah, Zack, Lorraine and Michelle

Friday, January 7, 2011

2011 Bahamas Realty Search - Are you ready?

It's the start of another New Year; The perfect time to begin your search for real estate!

If you have been keeping your eye on the Bahamas real estate market waiting for that perfect home or condo to pop on the scene, you may be waiting for a while. Needing a place to move into and looking for another place are two different priorities all together. On one hand you are actively engaging with real estate agents whilst you pursue websites and neighbourhoods looking for what is available, and on the other hand you are simply looking at pretty pictures.

If you are serious about purchasing real estate in The Bahamas you need to get your ducks in a row. The first step is sitting down with a Loans Officer to see what you qualify for and to figure out what you can afford. Once this step has been completed then you can actively search for real estate possibilities.

Contact an Agent or Agency to assist you in finding your perfect real estate match. Research which real estate agent or agency will represent you best in your endeavor. It's best to work strictly with one agent or agency otherwise it gets confusing because there will be duplicate work being done. Make sure to work with an agent that you gel with nicely.

Are you planning on purchasing real estate this year? Are your ducks in a row? If they are and you would like to inquire on some real estate listings we would be happy to assist you. If you have any questions or concerns please contact the RE/MAX Paradise Realty Team via the Contact Form or telephone (242) 325-3000.

Tuesday, June 8, 2010

Homebuyers & Sellers Get Top Agents

RE/MAX vs. the Industry Report Shows RE/MAX Agents Help More Buyers and Sellers in 2009

(Denver, CO – June 2, 2010) - As professional real estate agents across the country compete to get new homebuyers while marketing properties for anxious sellers, agents from one global franchise have been proven to be the most successful at getting the job done. According to independent real estate analysts and other government filings, RE/MAX agents are more productive than other real estate agents in the U.S., a claim now documented in the annual “RE/MAX versus the Industry” report.

The RE/MAX versus the Industry report is distributed through the RE/MAX Network, along with charts, tables and social media messaging, and shows RE/MAX agents average 13.5 transaction sides per agent compared to the next closest competitor at 7.3 transaction sides per agent. “These analysts, surveys and government documents substantiate the claim that RE/MAX agents are the most productive in the business,” said Dave Liniger, RE/MAX Chairman and Co-Founder. “Even in extreme market conditions, RE/MAX agents outperform others and are able to better help homebuyers and sellers across the country and around the world.”

The report is based on figures released from REAL Trends and the U.S. Securities and Exchange Commission Form 10-K, 2009 annual reports. But, two recently-released national surveys also confirmed the company‟s standings nationally. Both the 2010 REAL Trends 500 survey and the 22nd annual Power Broker Report, from RISMedia, show RE/MAX agents have a commanding lead in production by number of transaction sides and sales volume.

Liniger equates much of the success to the education and training RE/MAX agents pursued as market demands changed, including training to manage short sales, distressed properties and foreclosures. RE/MAX Associates hold the greatest number of professional learning designations compared to agents of other national real estate brands.

Wednesday, May 19, 2010

What is the Bahamas MLS?

The Bahamas MLS, which stands for Multiple Listing Service, is a centralized website portal where all the exclusive listings for a particular area, in this case The Bahamas, are kept and shared between real estate agent and property buyer alike.

Wikipedia defines a ‘Multiple Listing Service’ as, “a suite of services that enables brokers to establish contractual offers…, facilitates [broker] cooperation…, accumulates…information to enable appraisals, and is a facility for…correlation and dissemination of…information to better serve…clients…”

“A multiple listing service's database and software is used by real estate brokers… representing sellers under [an exclusive] listing contract to widely share information about properties with other brokers who may represent potential buyers or wish to cooperate with a seller's broker in finding a buyer for the property…”

“The listing data stored in a multiple listing service's database is the proprietary information of the broker who has obtained a listing agreement with a property's seller.”

Recently The Bahamas implemented an MLS system where real estate agents and brokers alike participated in the growth of the database with exclusive listings throughout The Bahamas Islands. March 17th 2008, The Bahamas Real Estate Association (BREA) soft-launched The Bahamas MLS strictly for real estate agents to use. The Bahamas MLS has taken steps towards becoming a public media and soon estate agents and potential property buyers alike can search the same database for real estate listings in The Bahamas.

Click here to read the previous MLS article: The Bahamas MLS; Increasing in numbers

Tuesday, May 11, 2010

Nassau's Harbourfront Finally Getting It's Due!

Just when you think the good news for real estate in The Bahamas is starting to fizzle, we get the news that the government of The Bahamas has finally signed the deal to move the main shipping terminals from the ultra-valuable Nassau Harbour front to a more effective and environmentally friendly area to the west of the main harbour.

In a news release today, The Tribune reported, "Wider distribution of the profits from the freight shipping industry, reduced cost of living for Bahamians and the facilitation of the redevelopment and revitalization of downtown Nassau were highlighted as the major benefits of a signing between the government and private investors to develop Arawak Cay into New Providence's freight hub yesterday."

For the real estate industry in The Bahamas this means that downtown Nassau can be transformed into the charming harbour front city it used to be! New opportunities for commercial and residential development are imminent and I can tell you that most citizens and residents are extremely excited for the probable economic benefits.

Wednesday, April 28, 2010

The Bahamas MLS; Increasing in numbers

After many years of real estate agents, property buyers and property sellers alike wondering if The Bahamas will have it’s own Multiple Listing Service (MLS), the call was answered. On March 17th 2008 The Bahamas Real Estate Association (BREA) soft-launched The Bahamas MLS for the strict usage by real estate agents only.

Two months later in May, there were 81 licensed agents of about a total of 600 licensed agents scattered throughout The Bahama Islands, that signed on board to take part in the future of real estate.

The Bahamas MLS Administrator at that time, Heather Joy Albury, informed me that "81 members from 23 different companies" had signed up. From these 81 licensed estate agents, they had added 115 active exclusive listings. She added further, that "I believe that in 6 months time we would have doubled the agents and listings [on the Bahamas MLS] if not tripled [them]."

In November, six months later, the number of participating licensed estate agents increased from 81 to 129, the amount of participating offices almost doubled from 23 to 42 and the number of active exclusive listings increased more than five times from 115 to 615 listings.

Today (April 28th 2010) there are 181 licensed agents from 61 different real estate firms with more than 1,400 exclusive Bahamas listings on the MLS. The direction is clearly looking positive and I'm sure that this trend will continue to grow. To learn how The Bahamas MLS can help sell your real estate, contact an agent at RE/MAX Paradise Realty today!

Wednesday, April 14, 2010

Selling Property in The Bahamas

If you have ever wondered how best to sell your property in The Bahamas this article is for you! The first step is to locate a quality company and an experienced agent with a proven track record. I recommend interviewing at least 3 agents so that you can be assured that their marketing plan is a sound one, that the agent understands the market and knows how to price your property correctly to achieve the desired results and that your personality and goals are aligned.

To research companies and agents, type in "Bahamas Real Estate" in Google and review the results. The companies that are listed at the top of the search are generally the ones that can deliver the best exposure for your property. Second, make sure the agent is a member of The Bahamas Real Estate Association and, more importantly, a member of the Bahamas MLS to ensure that they market both to prospective buyers as well as those who deal with prospective buyers, other agents in the market. Lastly, it would be wise to choose a company brand that will be recognized easily by the market you are trying to attract.

I am a licensed broker with RE/MAX Paradise Realty, a CRS designee, a member of The Bahamas MLS and I sit on The Board of Directors of The Bahamas Real Estate Association. I have a proven track record in dealing with international and local clients and my experience, vast network of contacts and keen understanding of the market will ensure that you get the quality of service you deserve.

Call me if you need help selling your Bahamas Real Estate. I look forward to speaking with you soon!

Wednesday, April 7, 2010

Timing is Everything....Especially in The Bahamas!

While much of the investing world sits on the sidelines and waits for the real estate market to turn around, the opportunities for second home ownership in The Bahamas are really heating up! Activity for the first quarter of 2010 has surpassed all of our expectations and, as a result, many of the right priced properties are being bought creating a much more balanced supply and demand situation.

The government really encourages foreign investment and the process is not as daunting as one may think. The first thing to do is find a quality real estate professional, someone with experience and one that you can trust. This will help you in not only locating the right purchasing opportunities, but assisting you in being referred to the right attorney for your conveyance and title work as well as the right lenders should you require financing. The RIGHT real estate professional should be able to answer all of your questions, put your mind at ease and make the adventure of purchasing your very own piece of paradise a truly rewarding experience. It is not uncommon to become friends for life with your real estate agent!

If the thought of investing in a foreign country makes you uneasy, give me a call! I talk to people everyday about the beauty of The Bahamas, the excellent investment opportunities and relaxed way of life I have come to love. I am always here and ready to assist wherever possible.

Contact me for more information on investment opportunities in The Bahamas.

Friday, March 19, 2010

RE/MAX Paradise Realty Brokers & Agents Receive Awards

On March 1st, thousands of RE/MAX real estate agents from around the world descended upon Orlando, Florida to attend the annual RE/MAX International Convention to learn, network and enjoy the unique energy generated at the annual gatherings.

The Convention offered educational classes, seminars to help improve and promote business, a trade show, and most importantly great networking opportunities between RE/MAX agents. There was also the annual awards banquet honoring top producing agents and offices.

Principal Broker of RE/MAX Paradise Realty, Craig Pinder, who was awarded the 100% Club Award for sales performance in 2009, said he was “very pleased to receive the award” and he would continue to “take RE/MAX Paradise Realty to the next level of customer satisfaction.”

RE/MAX Paradise Realty’s Zack Bonczek, broker and sales manager, and Jennifer Higgs, broker, both received Executive Club awards for their sales performance and achievement in 2009.

“it is extremely important to attend these annual conferences so that brokers and agents can learn new skills and techniques that will ultimately better serve our clients” said Mr. Bonczek. “RE/MAX is unmatched when it comes to educating its members and giving them the tools to be the best.”

Mrs. Higgs agreed and said "We learned a lot and had fun meeting wonderful people from all over the world. It was inspiring to see how many agents have soared to the top through RE/MAX. We’ll definitely be in Las Vegas next year."

Education was front and center throughout the week. Tip-filled sessions on social media, marketing, technology and other relevant topics were held each day. “It was wonderful, a lot of very useful information,” said a former agent, Nassau sales associate of RE/MAX Paradise Realty. “We’re excited to get back to our office to practice what we learned.”

Frank Knowles, RE/MAX Paradise Realty’s agent in Hope Town, Abaco, said that he “thoroughly enjoyed meeting and learning from such a vast network of realtors, especially from RE/MAX Cayman agents who we share a lot of similarities with.”

RE/MAX is a global franchise of more than 6,800 independently owned and operated offices in 70 different countries and nearly 100,000 agents.

RE/MAX was founded in 1973 by Dave and Gail Liniger. From a single office in Denver, Colorado, RE/MAX has grown to be a global network of nearly 100,000 sales associates in more than 75 countries. RE/MAX was honoured as the leading real estate franchise in the “2009 Franchise Times Top 200.” No one sells more than RE/MAX!

Wednesday, March 10, 2010

Some Great News for The Bahamas Economy

Despite the ongoing pessimism regarding the global economic outlook, The Bahamas continues to get great news with the announcement of some very positive events!

Firstly, the Minister of Tourism, Mr. Vincent Vanderpool-Wallace was quoted recently in The Nassau Guardian newspaper as saying, "In the middle of a recession, 2010 will see an increase of over 400,000 new air-seats bringing a potential visitor spend of an additional $400 million compared to 2009," during a debate on the government's mid-year budget in the Senate. "These new seats include non-stops to Exuma, to Abaco and to Eleuthera from the United States and Canada that have either never been seen before or haven't been seen in decades."

This potential injection of revenue into the local economy will surely have a profound effect on the economy of our country! Mr. Vanderpool-Wallace went on further to say, "We are restoring the proximity advantage of The Bahamas by having that proximity reflected in the cost of travel to The Bahamas. That, as I mentioned earlier, is the first of six strategies that we outlined for tourism over a year ago. There is very strong research to show that for flights under three hours in length, the customer would rather spend their hard earned money enjoying themselves at the destination instead of consuming their funds in airfare cost in traveling to the destination. We are obliging them." The remarkable part to this statement is that proximity not only the tourist visitor but the second home owner as well!

Another very encouraging bit of news is that the new Baha Mar Resort in Cable Beach seems to finally be moving forward with the release of the news that there will be an estimated $7 Billion (with a B) in wages injected into the Bahamian economy in the next 2 decades. A report by the Oxford Economic Company, seen by Guardian Business, set out some of the key economic benefits which could create a "transformative economic event for The Bahamas in terms of tourism, economic multiplier effect, infrastructure and social change".

Yesterday Hu Dingxian, Ambassador to The Bahamas for the People's Republic of China, re-asserted his country's commitment to the project saying: "Baha Mar is an important project for the long-term benefit of The Bahamas. It is exciting that two Chinese companies, China's Exim Bank and China State Construction, are participating with Baha Mar to bring this project to fruition."

The benefits outlined in the report include:

  • 6,500 Bahamians directly employed by Baha Mar by 2014
  • A further 2,000 jobs indirectly created by the project, totaling 8,500
  • $5.5 billion in direct wages going straight into the pockets of Bahamian families
  • A further $1.5 billion in salaries for those indirectly employed
  • A $14.8 billion contribution to The Bahamas gross domestic product GDP - a massive boost to the national economy.
  • $24.5 billion extra in visitor spending over a 20 year period, though spending and direct taxes, taking the total contribution for the resort to $33.6 billion over the next two decades
  • An extra $6.2 billion in government revenues over a 25-year horizon.
  • Visits to the property jumping from 250,000 this year to 644,000 by 2016, generating a predicted 2.3 million visitor nights. Figures have also predicted that the development will inject $880 million into The Bahamas in its first year of operation through direct taxes and spending.

It is clear to see that the future of the Bahamas economy and, as a result, the Bahamas real estate market will be enormously effected over the next several years! There is no better time than now to get into the Bahamas real estate market!

Friday, February 26, 2010

Buying your piece of Paradise Bahamas

There are 700 islands and cays (pronounced keys) making up The Bahamas creating a vast selection to choose from when it comes to buying your own piece of paradise in The Bahamas.

From remote out island homes or beachfront properties where you can listen to the sound of the waves and just relax, to the city life of Nassau where just about everything is at your fingertips, The Bahamas has something to offer every potential purchaser.

With so many choices available, speaking with a qualified real estate agent can help in locating a property that meets your personal investment objectives. Some people that have visited The Bahamas before may know exactly what they are looking for, and for others the decision may not be so clear. As a real estate agent, our goal is to uncover what type of property will meet your specific needs and assist you in buying that little spot to call paradise.

The first thing a potential purchaser should do after selecting the right agent will be to discuss what you are looking for regarding your potential purchase. By asking you questions and listening to what your specific needs are, getting to know you and your lifestyle, dreams and goals, along with gathering other important information, your real estate agent will then be able to guide you to properties that meet many or all of your criteria making the process much easier and therefore giving you the right options to choose from.

If you are looking to purchase your idyllic spot in The Bahamas, let a qualified RE/MAX real estate agent assist you in making the right decision to achieve your real estate goals.

Tuesday, February 16, 2010

Priced to Sell; Choosing the right Bahamas Real Estate Agent for You

You have been thinking and rethinking whether you should put your house on the market and you have now decided that it is the right time for you to sell your Bahamas real estate.

The first thing you should do is contact a local real estate agent to assist you. “Who do I call?” you may ask. Well you need to find an estate agent that you will get along with. Pick an agent that is going to look out for your best interests and not just an agent who wants another listing under their belt.

Opening the telephone directory and randomly choosing a real estate agent is literally the ‘blind’ approach. You need to select an estate agent that will gel with you, an agent that you feel comfortable with and one that you can trust.

The first place you should look for a real estate agent is in your group of contacts; your family, your friends, your business partners, your co-workers, your friends friends etc. If you do not know an estate agent personally, ask your group of contacts; they probably have had dealings with an agent and can point you in the right direction whilst also informing you of agents or company’s not to have any dealings with.

After you have done some research on the agents and their respective companies, and narrowed the list down to about three or four agents, it is time to interview them. Arrange interviews with each agent so that you can find out who the best agent and company is to potentially market your property. As the agents are asking you questions on your home you can ask them questions on their experience, their respective real estate company, and what homes are selling for in your neighbourhood. If the agent is prepared they will be able to give you some information on themselves and their realty company. After each of the agents have left your property you will have a better feel on who they are and who they represent.

The estate agents at RE/MAX Paradise Realty are fully trained and prepared to list your home for sale. We offer information and statistics to help you in choosing us to represent you and your property, but we are not interested in getting a listing just to have it in our database. We are dedicated on listing your home at the right market price.

Listing your home with the right market price will benefit you. Rather than listing your home at an inflated rate and having it sit on the market for months or even years, reduce your asking price to the right market level. This will ensure your home is in front of more eyes which in turn will result in a quicker and more successful transaction.

The Bahamas Real Estate Market: Why we have survived!

I am often approached by buyers, foreign and local alike, asking if the real estate market has suffered like that of our neighbours to the north. The answer is a resounding "Not even close!" Typically there is an uncomfortable silence on the other end of the line and then I begin to explain.

The Bahamas real estate market is a very unique creature indeed! We are geographically close to the US and our government and currency are stable. We enjoy a year around climate that is sunny and warm and our islands and our people are equally as beautiful. Our banking industry has very prudent lending practices which enables them to minimize their risks while maximizing their returns. We did not experience a "credit crisis". Another interesting contrast with the US real estate market is that we do not have an over abundance of inventory. We do not have neighbourhoods that are 50% or more in foreclosure. We have not seen a huge sell off of foreign or locally owned properties. We have enjoyed a relatively balanced supply and demand situation.

While I would be remiss in not mentioning a correction in pricing, all markets across the globe will, from time to time, experience some correction. This is healthy for the market and healthy for the economy as it allows the more prudent investors the opportunity to enjoy the benefits of home ownership in a slower market.

If you are interested in learning more about our market and it's dynamics I would be happy to discuss it with you. There is much to learn but one thing is for sure: There is no better time to get into the Bahamas real estate market!

Wednesday, November 25, 2009

10 Ways to Spruce up your Property

Are you in the market to sell or rent your Bahamas real estate? Do you want to get the most out of your sale or rental? If you are in the market to sell or rent your property it is in your best interest to spruce it up by removing any signs of age and injecting a warm inviting appeal to your open space.

Below are ten ways to spruce up your property to get your place rented or sold:

1) Un-clutter your Space
When someone rents a space and especially when they purchase, they want this space (whether it’s a condo, apartment, home or other) to reflect them and not the previous owner or the landlord. In order to achieve this, personal affects from the owner/landlord need to be removed so that there is space for the tenant or the new owner to display their personal affects.

Take a look at your space with different eyes. If you are renting your space with a lot of your personal items remaining on the premises, you must purge these items for the tenant’s sake. Do you have family portraits or framed photos of you and your family in the space? Do you have any sort of collection of ornaments on display like ceramic ducks, dolls, plates, silver spoons, medieval characters, sports memorabilia etcetera?

If you do, you must remove these items. Nobody wants to rent a space with personal objects there; they want a space for themselves. Remove your personal items and remove items in storage so they have the opportunity to store their items.

2) Fresh Paint Job
A fresh coat of paint goes a long way! That’s right. Did you know that this is the best way one can see a whole new space? A fresh coat of paint looks bright and clean, and smells new giving your space an immediate update. It is often a very good investment and really spruces up the appearance, adding dollars to offers.

When choosing your paint colours, rather stick with the neutral spectrum. Bright and dark colours change the feel of the size of any given room, and these colours are not the easiest on the eyes. Neutral paint colours will satisfy more people than bright and dark ones.

Painting the exterior? If the paint still looks good on the walls just repaint the roof boxing. The boxing should be painted an offset colour to the rest of the building.

3) Crown and Floor Molding – Install and Paint
Do you have crown moldings or floor moldings in your space? If you do, do they need to be painted? If your walls do not need a paint job, then consider just painting your crown and floor moldings to improve the space.

Crown moldings create a great first impression if installed in your entry and living / family rooms.

4) New Electrical and Light Switch Plates
This is such a minor, yet overlooked improvement. A lot of landlords leave the old faded and chipped electrical and/or light switch plates in their space. Most of the time if a painter is hired he/she will usually paint over these plates, which doesn’t make it look any better. This is the cheapest improvement in this list. Be sure to replace your plates.

5) Front Door
The first thing that is seen when entering a building whether it’s a home, condo, townhouse or the like, is the front door. It is the first impression into the space you want to rent or sell and so it must be in great condition. If the door shouts “Help me! I’m falling apart. I have termites. Please paint me. Look at my mold” or the like, your door is not leaving a very good impression on the rest of the space.

Assess the damage to the door and replace it if it’s necessary. Sand and paint the current door and leave open to dry properly, otherwise the paint will stick to the door frame.

If the door handle has a copper finish, polish it. Perhaps you may also want to change the handle if it looks old.

6) Update the Kitchen
The kitchen is usually one of the first major renovations / updates a house would have. Updating the entire kitchen will cost anywhere up from $30,000. One of the cheapest and easiest steps in updating your kitchen would be to update the faucets. If your cupboards look old and worn, try a coat of paint to breathe some life into them. Replacing the knobs on the cupboards is an inexpensive update that will transform the look of the entire kitchen. If you would like to spend some more money to make a dramatic difference, add a beautiful tile backsplash. The backsplash adds colour and dimension to your kitchen changing the whole feel of the space.

7) Update the Bathrooms
Replace your old stained shower curtains and continue the new theme with a rug and a few highlighted pieces like the soap dispenser, toothbrush holder, and tissue cover. The new theme that you pick for the bathroom should not be childlike. Pick a bathroom theme that is either a solid colour like burgundy, a relaxing theme like a sailing boat, or pick one that is of random colourful shapes.

To really make this space a cut above, update your faucets and towel racks. You can even replace the mirror or update it by adding a wooden frame.

8) Clean the Tile Grout
After long periods of time dirt and debris settle between your tiles in the tile grout which turns the finish dark and nasty. Removing this embedded dirt is going to take a little bit of hard work with a lot of elbow grease. There are many ways you can try to clean the tile grout; most will take a long time and not yield great results. The best method is to hire a professional who will use some version of acid. Do not do this by yourself if you do not know what you are doing. You can burn your skin and eyes very easily and further to that you can damage your floor if you are not careful. You can contact me (Brett Pinder) at RE/MAX Paradise Realty for a quote on your space.

9) Clean the Carpets
Carpets retain a lot of dirt and debris, especially in ‘high traffic’ areas, which can cause your carpet to look older than it actually is. The dirt and debris also aids to create a funk in the air over time.

To ensure that your space is ready for a tenant or new owner clean your carpet. There are two types of methods, the dry method and the wet method. Use either Carpet Powder with your vacuum cleaner or use Carpet Shampoo with a Carpet Shampooer.

10) Go Green and Add Plants
Plants can brighten any room. A room void of plant life is a plain room. A room full with plants is a room full of life. Plants calm our heat rate, lower our blood pressure, add oxygen to the air, help us relax and focus, and so much more.

Add plants to the inside and the outside of your property. The plants on the inside will make the space more appealing and should relax potential tenants or purchasers. The outdoor plants will do the same and also add curb appeal.

Monday, November 2, 2009

Lyford Hills $20-25 million infrastructure investment

The lead developer of Lyford Hills has told Tribune Business that some $20-$25 million will have been invested in the subdivision's infrastructure once it is completed, with some four to five lots being sold per month despite the recession.

Tennyson Wells, the former FNM and independent MP and Cabinet minister, said all the sewerage lines had been put in for the 126-lot Phase I at Lyford Hills, with 70 per cent of the trenching for electricial, water and communications lines, and "40-50 per cent of the water, telecommunications and electricity" piping installed throughout the three-phase project.

"The infrastructure is going in," Mr Wells told Tribune Business. "We opened it [Lyford Hills] in May of this year, and we have all the sewerage lines for Phase I in. The roads are in throughout the entire subdivision - the base roads for phases I, II and III.

"I was hoping to have Phase I completed by the end of November, but hopefully by the end of January we should have completed it. We are about a month-and-a-half to a month behind the schedule of where we thought we would be now. The main reason [for the delay] was equipment problems."

Still, Mr Wells said he and the development team expected to "roll into Phase II within the month", that stage featuring 95 lots available for sale, with the third and final phase including "150-something" lots.

Lot prices, the former MP said, range from the $120,000s to around $300,000, with some four to five lots sold per month in Lyford Hills since the development started in May.

"We have sold about 20, and for quite of number of others, people are in the banks dealing with funding," Mr Wells added. "The interest in it has been very high. A lot of people want it, and we have sold four times as many as in previous developments."

As for his other real estate projects, Mr Wells said sales at the 115-lot Yuma Estates had "been very slow this year" as the economic contraction bit, prompting himself and the other investors to "take the bank out of it".

"We have purchased some of the lots ourselves, and will hopefully take the bank out of it in the next month or so," Mr Wells explained.

"We still have 20-odd lots left. We think that's a very good subdivision, and are not going to reduce the prices on that." Lots at Yuma Estates, he added, are priced from $90,000 up to $105,000.

As for the 181-lot South Seas, Mr Wells said some "30-odd" of those had already been sold, and he now had approval from both the Bahamas Environmental, Science and Technology (BEST) Commission and the Bahamas National Trust (BNT) to cut the channel for the planned marina, something that had already started.

At South Seas, lot prices range from $90,000 to $205,000, the latter being for the likes of commercial lots, fourplexes and triplexes.

As for his latest acquisition, the former Bacardi plant adjacent to the South Seas development, Mr Wells said he and his fellow investors were "still working on" their plans for the site and would be able to say more in a month's time.

Wednesday, October 7, 2009

Why should I use a Licensed Real Estate Agent?

If you are arrested and taken to jail wouldn’t you want a Defense Attorney who knows the inns and the outs of the Law to fight on your behalf? Or would you prefer a lawyer who was just called to the bar and has no experience? Personally I would go for the former and not the latter.

The same logic applies to having an estate agent fight for your real estate needs. On one hand you have a well educated estate agent whose day to day job is real estate, on the other hand you have your buddy who thinks he knows real estate, but his day job is an a/c repair technician. Who would you rather be looking after your best interests? The answer is clear.

A licensed estate agent has chosen real estate as their career so they have studied the law, passed courses and exams, earned designations in specific real estate fields, and work in the industry on a daily basis.

A licensed estate agent has the knowledge and experience to handle your real estate needs whether you are in the market to purchase or whether you are looking to sell. They have an extensive network of contacts within the real estate industry including, but not limited to, estate agents, appraisers, brokers, attorneys and architects.

The Bahamas Real Estate Association governs the real estate industry in The Bahamas and they have a fairly current online list of licensed estate agents throughout The Bahamas Islands which you can peruse at any time.

Monday, August 17, 2009

New Paradise Realty Bookmarks

The website for RE/MAX Paradise Realty has recently added bookmarks so now you can bookmark and share Bahamas real estate listings with your family and friends on social sites like Delicious, Facebook, MySpace, Stumble Upon, Twitter and more.

The AddThis sharing bookmark tool is a quick and easy way to share what you have found on the internet. Try it out and let me know what you think.

Wednesday, May 6, 2009

RE/MAX Bahamas now on MySpace!

RE/MAX Paradise Bahamas Realty has now joined the social network MySpace! If you are a member of MySpace and you would like to be friends to stay up to date with real estate in The Bahamas and the RE/MAX company itself, just add them.

Find the profile here:
RE/MAX Paradise Realty on MySpace