Why You Need a Professional Bahamas Real Estate Agent

IT MAY sound easy and it's tempting.
But selling your Bahamas real estate without the services of a professional realtor can easily turn into a nightmare.
Ask the majority of vendors if, given a second chance, they'd try to sell their Bahamas home again without using a professional, and the answer will likely be “no.”
The first mistake in a For Sale By Owner (FSBO) situation is pricing. Owners often place an inflated value on their home that has no bearing on size, location, neighbourhood, other properties on the market or general market conditions. This means it will languish on the market and go through several price drops before it sells.
While a vendor reasons he can save on the real estate commission, the purchaser uses the same logic. Where does that leave either party?
Many vendors think selling a home is as easy as placing an ad in the newspaper on a sign out front. Wrong!
Newspaper ads are just one way of getting information out on Bahamas real estate, especially in this high tech world, and a series of ads are usually required, not to mention website exposure and e-mail blasts, among other things. This can be quite expensive.
The vendor also lacks that most crucial tool – a list of contacts and prospects acquired from years of networking both inside and outside the Bahamas. Someone needs to market the property! That is what a Bahamas Real Estate Association professional is for.
Fielding calls and showing the home can be an exhausting process if you don't know what you're doing. There is an art to handling inquiries, staging and showing homes and negotiating.
Speaking of showing homes, will you be able to drop whatever you are doing to show your home at a purchaser's whim?
The realtor knows how to work through a host of issues, including whether a home might be suitable for a particular prospect, can get answers to Bahamas zoning questions, get financing information and, most importantly, can advise you as to proper pricing of your property.
Don't forget the market determines the eventual selling price. Not you, your realtor or how much you need to get out of the sale. Put an inflated price on your property and it will languish on the market.