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BREA 'frustration' over govt silence
August 24, 2014
BREA 'frustration' over govt silence
The president of the Bahamas Real Estate Association (BREA) has decried the "frustrating" lack of response from the government regarding a proposed overhaul of two Canadian-owned banks' appraisal systems.
BREA President Carla Sweeting confirmed that the conflict between BREA and Nationwide Appraisal Services (NAS), a Canadian company specializing in real estate valuations, had still not been resol...
Realtor to sue BREA over 'despicable act'
July 30, 2014
Realtor to sue BREA over 'despicable act'
A realtor who was wrongly listed as no longer being licensed to practice real estate due to non-payment of dues to the Bahamas Real Estate Association (BREA) has given notice that he intends to sue the organization over the "despicable act".
Bishop Walter Hanchell appeared among a list of almost 70 real estate agents and brokers said to not be up to date with his dues and therefore deemed unlicens...
May 26, 2014
BREA makes 'some progress' on appraisal system, concerns continue
Despite continued concerns on the part of the Bahamas Real Estate Association(Association (BREA) concerning compensation rights over intellectual property and who gets to provide appraisals, the association's president believes that the organization and local banks who wish to implement a new appraisal system may be moving closer together in their positions.
However, recently-elected president Car...
April 11, 2014
VAT 'uncertainty' and reducing sales by foreign realtors top BREA priorities
Lifting some of the "uncertainty" surrounding value-added tax (VAT) and how it will apply to the real estate sector, along with working with the Bahamas Bar Association to reduce the involvement of foreign real estate agents in Bahamian property sales, were identified yesterday as two top priorities for Carla Sweeting, the incoming president of the Bahamas Real Estate Association (BREA).
Sweeting,...
Govt and BREA partner for 'explosive' housing sector
April 04, 2014
Govt and BREA partner for 'explosive' housing sector
An "explosive" expansion in the housing sector is being forecast by the government, in light of a newly-launched public-private sector collaboration between the Department of Housing and the Bahamas Real Estate Association (BREA), which is being touted as likely to lead to more construction starts, better access to low income homes and greater economic activity overall.
Minister of the Environment...
BREA: Exemption policy statement 'good for everyone'
January 08, 2014
BREA: Exemption policy statement 'good for everyone'
The government has clarified its policy on tax breaks for first-time home buyers, a move that's being welcomed by the Bahamas Real Estate Association (BREA), which called concerns over the policy a top issue in the real estate industry.
Now that the policy has been made public, BREA President Franon Wilson believes it puts the buyers, along with those in the real estate and banking sectors, in a p...
BREA presidents lock horns over license moratorium
September 25, 2013
BREA presidents lock horns over license moratorium
Current and former Bahamas Real Estate Association (BREA) presidents are at odds over the past president's proposal to put in place a moratorium on new real estate licenses as a means to address circumstances which he said have made it "very difficult" for realtors to make a living...
BREA members reject intervention on property prices
September 25, 2013
BREA members reject intervention on property prices
The prime minister has been informed that a majority of realtors are opposed to the government implementing policy measures to try to lower the cost of property in The Bahamas, the Bahamas Real Estate Association (BREA) has revealed, but its president continues to contend an affordability problem exists...
June 14, 2013
e-Government Shares Capabilities at 1st-ever BREA Country-wide Webinar
Real estate professionals from Abaco, Exuma, Long Island and Nassau logged on and leaned in for an informative presentation about the county?s e-government portal today during the first-ever, country-wide webinar to members of the Bahamas Real Estate Association...
June 14, 2013
e-Government Shares Capabilities at 1st-ever BREA Country-wide Webinar Conference
Nassau, Bahamas -? Real
estate professionals from Abaco, Exuma, Long Island and Nassau logged
on and leaned in for an informative presentation about the county's
e-government portal today during the first-ever, country-wide webinar to
members of the Bahamas Real Estate Association.
Presented
by Carol Roach, Deputy Director of Information Technology in the
Ministry of Finance, the e-...
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