Sure, it's a legitimate question: Can you sell your home without the representation of a professional Bahamas real estate agent? The legitimate answer is, Yes you can - but the outcome may not be what you expected.
Some owners reason that by selling their home in the Bahamas themselves, they can tack the commission cost onto the sales price.
On the other hand, the purchaser thinks that by going directly to the owner, he will knock off the cost of the real estate commission.
Where does that leave you? Often, with an unhappy ending.
Getting the best price for your Bahamas real estate depends upon exposure to the widest, most qualified segment of potential purchasers.
An ad and a yard sign are not enough to create that exposure. While Bahamas real estate brokers spend untold dollars on advertising and signage, these are not the main lead sources that generate a sale. So just one ad and one yard sign will not yield the exposure your listing should get.
So where does the lion's share of motivated buyers come from? In a Bahamas real estate firm, they come from the agent's personal list of contacts and prospects, and from networking with brokers and agents from other real estate companies.
It's logical, since serious purchasers seek the assistance of BREA professional agents who save them time and money by matching their needs against large inventories.
The only purchasers attracted to properties which are “For Sale by Owner” are ones who want to save the same real estate commission that the sellers do! You can choose to represent yourself in this highly competitive industry, but it may cost you. It make sense to let your Bahamas Real Estate Association agent work for you.