Bahamas Rotary Tuna Classic a Success!

The 10th Annual Harbourside Marine Bahamas Rotary Tuna Classic fishing tournament was held June 10th - 12th with weighing stations in Abaco, Nassau, and Spanish Wells.

Sixteen boats with over 80 anglers competed to land the biggest Tuna, Dolphin, and Wahoo. The weather was fantastic and the anglers enjoyed the friendly competition and camaraderie.

Craig Pinder, Principle Broker of RE/MAX Bahamas Paradise Realty and proud Rotarian assisted with weighins and was stationed at Green Parrot on Paradise Island.

"Everyone had a great time." said Craig wishing that he was one of the anglers with a bounty of fish. "They were tired but in great spirits!"

The largest Tuna caught was 84.2 lbs. and over $25,000 was raised for local charities and community service projects.

Pictured here: Craig Pinder with Rachel Lightbourn and one of her catches, a Yellowfin Tuna.

RE/MAX Grows in the Caribbean & Central America

Top Real Estate Franchisor Adds Offices to Expanding Network

Denver, CO - April 6, 2011 - The RE/MAX network continues to expand its reach around the world, announcing five new offices in four countries in the Caribbean and Central America. RE/MAX is now in more than 80 countries, after increasing franchise sales nearly 30 percent in 2010 and outdistancing all competitors.

“We are changing the way real estate business is conducted in many of these countries,” says Ricardo Cardenas, Regional Vice President, RE/MAX Latin America and Caribbean. “Our blueprint for the industry is based on training and professionalism and that is what is drawing so many new offices to RE/MAX.”

In Honduras, the Broker/Owners of RE/MAX Bay Islands in Roatan have opened a second office in West Bay. Larry Schlesser and Janine Goben have named the new office RE/MAX Western Sunsets, and staffed the location with experienced agents who are long-time residents. Schlesser and Goben hope to double the staff at Western Sunsets this year.

“Tourists are returning to this area and many of them are prospective investors,” says Goben. “We expect to see as many as a million prospective clients come in on cruise ships this year and we have to be ready for them.”

In Puerto Rico, one new office is open and another will launch in June. Enrique Morales is the Broker/Owner of the new RE/MAX Divine office in greater San Juan. Broker/Owner Sandy Ramos will open RE/MAX Real Estate Group, in the heart of the island’s tourist area. The office will serve the townships of Rio Grande, Canovanas, Luquillo, Fajardo and Humacao.

“The buyers we see in the area around Rio Grande are second home buyers that live outside Puerto Rico,” says Ramos. “RE/MAX is a name they know and trust, and we’re thrilled to be able to bring first class customer service to them.”

In Panama, Yenci Milano converted her independent office in Panama City to RE/MAX Golden Dream Realty. Milano believes the change will help her agents better serve their buyers and sellers.

“The market has started to move again and there is great interest from investors from other Latin American countries, especially from Venezuela,” says Milano. “RE/MAX will give us more exposure to better serve the growing international clientele.”

And, in Costa Rica, a new office is scheduled to open in Playa Dominical, in the province of Puntarenas. New Broker/Owners Dave and Debra West are long time real estate professionals. They’re looking forward to helping buyers who are searching for properties along Costa Rica’s pristine southern Pacific shoreline.

“We’re focusing on the coastal region surrounding Playa Dominical and extending to where the mountains meet the ocean,” says Dave West. “This area is truly unique and once you’ve experienced it, it’s hard to leave. We’ll be busy assisting families in finding the home of their dreams.”

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.

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

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.

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!

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!

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