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Thursday, November 6, 2008

Bahamas MLS Update

Back in May I first wrote about launch of the Bahamas MLS where at the time 81 out of some 600 licensed Bahamas real estate agents had signed up to use the brand new system.

It was projected by the Administrator of The Bahamas MLS, Heather Joy Albury, "that in 6 months time we would have doubled the agents and listings if not tripled [them]."

Since then the number of participating licensed estate agents have increased from 81 to 129, which is 33 members shy of the projected double figure. The amount of participating offices have almost doubled since May from 23 to 42. However the number of active exclusive listings have increased more than five times from 115 to 615 listings.

I questioned Heather Joy about if The Abaco MLS had joined The Bahamas MLS and she responded by saying that "The Abaco MLS closed in September" and that "most of the Abaco agents joined [The Bahamas MLS] in July."

The direction is looking positive for The Bahamas MLS and I'm sure that this trend will continue to grow.