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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
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'
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
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
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...
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...
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-...
BREA throws its support behind e-government platform
BREA throws its support behind e-government platform
The Bahamas Real Estate Association (BREA) is throwing its support behind the e-government platform, as it attempts to make doing business easier in The Bahamas.
BREA President Franon Wilson commended the initiative yesterday as the association hosted its first Inter-island Webinar & Conference at the Balmoral Club.
He pointed out that the option for people to pay their real property tax online ...
BREA president lauds govt's decision on stamp tax exemption
President of the Bahamas Real Estate Association (BREA) Franon Wilson is calling the government's decision to grant a five-year extension to first-time homeowners "phenomenal".
"By extending the exemption for five years, that's significant. When you look at the impact that will have, that's significant because it will bring consistency. It shows that the government is willing to go as far as th...
BREA to host Inter-island Webinar Conference
BREA to host Inter-island Webinar Conference
Brokers, agents, appraisers and developers will gather throughout the archipelago to participate in the first ever Bahamas Real Estate Association (BREA) Inter-island Webinar & Conference scheduled for June 4 at the Balmoral Club.
The half-day session will provide current information on issues affecting the real estate industry and will include presentations on updates on the government's e-porta...