Search results for : ERA Dupuch Real Estate
February 14, 2013
Govt Only Collecting 50 Percent of Real Property Taxes Owed
More than 35,000 properties are not registered in The Bahamas' real property tax (RPT) system, resulting in the government only collecting 50 percent of real property taxes owed, Guardian Business can reveal."We have rea.son to believe that almost half of the...
Realtors Weigh in on Property Tax Reform
December 18, 2012
Realtors Weigh in on Property Tax Reform
Poor communication, slow processing and the lack of accountability for offenders are all areas the government must address when reforming property tax, according to top realtors. Following yet another downgrade to the economy by Moody's, public officials are putting the finishing touches on a "white paper" to suggest a series of reforms for revenue generation.
Property Chiefs Report Double-digit Growth
December 18, 2012
Property Chiefs Report Double-digit Growth
Top realtors are reporting double-digit growth in 2012 on the back of declining property values, a reduction in stamp tax and a gradual rebound in the global economy. While fears of lower property values have gripped homeowners of late, those in the industry feel the market is simply undergoing a correction that has actually stimulated activity.
BREA Seekers Explode From Court Ruling
October 17, 2012
BREA Seekers Explode From Court Ruling
The number of Bahamians applying to join the Bahamas Real Estate Association (BREA) is exploding with the announcement that part-time workers can legally work in the industry.
Wilson: Anger Over Part-Time Realtors Irrelevant
August 24, 2012
Wilson: Anger Over Part-Time Realtors Irrelevant
The president of the Bahamas Real Estate Association (BREA) says the growing discontent among realtors over allowing part-time workers in the industry is "irrelevant" based on a decision by the Supreme Court.
Baha Mar homes hit local market
August 08, 2012
Baha Mar homes hit local market
Five real estate companies have been selected by Baha Mar to market its 307 elite residences to local and international clients.
Following a workshop with the property firms, the up-and-coming mega resort has officially launched residential sales here in Nassau, with prices starting at $1.5 million. According to multiple property sources, Baha Mar has sold approximately 50 of the residences since...
Damianos: I will not hire part-time realtors
July 31, 2012
Damianos: I will not hire part-time realtors
A top realtor says he will not under any circumstances hire part-time realtors, claiming the proposal casts a poor light on the property sector for local and international investors.
George Damianos, president of Damianos Sotheby's International Realty, said it would be impossible to properly serve a client in New Providence on a part-time basis. His firm, routinely dealing in multi-million-dolla...
Realtors divided on part-time agents
July 30, 2012
Realtors divided on part-time agents
The rise of part-time licensed realtors in the local property market is being welcomed by some leaders in the industry, but condemned by others.
Peter Dupuch, the president of ERA Dupuch Real Estate, is calling the plan "awful", and claims the policy change will cheapen the industry. He told Guardian Business that he has never seen a successful part-time real estate agent, and out of 600 Bahamians...
10 stamp tax thrills top realtors
May 24, 2012
10 stamp tax thrills top realtors
The real estate market is breathing easier today after the government's Speech from the Throne, which announced that the controversial stamp tax will be reduced and a cap placed on real property tax.
While the news wasn't altogether unexpected, this confirmation has injected confidence into an otherwise sluggish sector.
Stamp tax will be reduced from 12 percent to 10 percent, according to yesterda...
ERA agent appears on House Hunters tonight
April 11, 2012
ERA agent appears on House Hunters tonight
Last December, ERA Dupuch Real Estate agent Kyla Ralston was proud to be chosen to take part in the popular HGTV show House Hunter's International, which attracts some 20 million weekly viewers in the United States. Now, as the air date nears, Ralston is excited to view the episode when it is shown today.
"I look forward to sharing both the beauty of The Bahamas and the couples search for the per...
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