Marketing property for sale in the Bahamas or Jamaica

[12mich]

From time to time, I am asked to sell land or property located in the Islands of course, I live in the US. How does one go about doing that? I have not had my license very long and I've asked my broker how it's done and he doesn't know. Can someone assist?

[JChristin]

I would suggest contacting the islands governments as to their regulations. Of particular interest, I would review their statues and regulations (if they are online) to confirm if a real estate license is required to market properties in their jurisdiction. If this is so, then I would review sites of the local brokers/agents and make inquire to how they conduct business. Once I started to feel comfortable with whoever I was starting to establish a relationship, I would propose my ideas to them and take it from there.

Another resource is to contact other brokers who are doing exactly this. Make inquire to what they may be willing to share with you. But check and recheck the validity of what they tell you. After all, you are a newcomer moving-in on their turf.

Regardless to if a license is or is not required, move forward with both eyes wide opened. When any government offical states anything, make sure to get it in writing. Ask them to fax, email or sent via snail mail what they tell you. Otherwise, it could amount someday to "he said, she said" type of situation. Usually when it gets to this stage, the government wins.

Good Luck!

[12mich]

Thanks you very much for the information. I will certainly gather as much info about how things are done especially with respect to the Governments and such.