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News Article
June 10, 2022
BREA president: real estate sector now sellers market

The real estate market has shifted in recent months to a sellers market, with Bahamas Real Estate Association President Nikki Boeuf noting that on average there are two to three transactions a day. Boeuf said the current market "is like night and day" when compared to two years ago - prior to the COVID-19 pandemic - when on a ...

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News Article
May 31, 2022
BREA president lauds real estate concessions in budget 

Much of the government's budget objectives for the real estate sector should garner positive results for those in the industry, newly appointed Bahamas Real Estate Association (BREA) President Nikki Boeuf told Guardian Business yesterday, explaining also that the government's real estate incentives should create many first-time homeowners.

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News Article
January 05, 2022
Lowe Scores High, Youngest BREA Broker Earns Top Producer Status at Better Homes & Gardens MCR Bahamas

Danny Lowe, the youngest licensed real estate broker in The Bahamas, earned the top producer tittle at Better Homes & Gardens MCR Bahamas 2021, the company announced today.

“At 29, Danny demonstrated what it takes to be number one in an active, highly competitive market, putting his energy into finding off-market listings when MLS (Multiple Listing Service) inventory was running low due to hi...

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News Article
December 20, 2021
BREA inks historic links with New York, Sarasota realty associations

In one of its most far-reaching efforts to date, the Bahamas Real Estate Association (BREA) has inked links with realty associations in two major affluent markets in the U.S. in recent weeks, signing memorandums of understanding with Long Island, NY and Sarasota, Fl real estate groups.

BREA President Christine Wallace-Whitfield called the initiative ‘historic and significant.’

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News Article
September 23, 2021
2nd BREA Trade Mission Draws 200 from 6 Countries, Tourism, Banks, Investments Join for Florida Virtual Meeting

More than 200 real estate professionals, advisors and potential investors got a virtual view of property and lifestyle offerings in The Bahamas during an online trade mission organized by the Bahamas Real Estate Association (BREA) in conjunction with the Royal Palm Coast Realtor Association recently.

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News Article
August 24, 2021
BREA President pays courtesy call on Bahamas Consulate in New York with Permanent Representative of The Bahamas to the UN

As part of the Real Estate Association’, ongoing strategy and efforts to preserve the integrity of the sector and safeguard the industry for the exclusive operation and composition of Bahamian professionals, the President of Bahamas Real Estate Association (BREA), Mrs. Christine Wallace-Whitfield took the opportunity during her recent visit to New York to enlist the support and assistance of the...

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News Article
August 20, 2021
BREA president: Election will not derail real estate sector's proposed legislation changes

Bahamas Real Estate Association (BREA) President Christine Wallace-Whitfield told Guardian Business yesterday that she does not think a change in government next month would derail the real estate industry’s push to make legislative changes to the sector, given the amount of work the sector has already done on proposed changes.

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News Article
August 12, 2021
BREA Honours Mario Carey with 2nd Annual Good Neighbour Award for ‘Pasta Fridays’ Feeding the Hungry during Height of the Pandemic

Real estate agents and brokers are often recognized for their outstanding sales and the number of deals closed. This time, The Bahamas Real Estate Association (BREA), chose to recognize one of its most successful brokers and businessmen, Mario Carey, with its second “Good Neighbour Award” for his significant contribution helping to organize a feeding program dubbed “Pasta Fridays” in 2020,...

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News Article
August 10, 2021
New BREA board vows to crack down on foreign agents operating without local agents

The newly elected Bahamas Real Estate Association (BREA) board has vowed to bring amendments to their sector’s 26-year old Real Estate Act, closing loopholes in the document and introducing criminal penalties for real estate agents who represent and sell properties locally without the use of a local agent.

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News Article
May 27, 2021
BREA: INCREASE IN VAT OKAY, GIVE BUYERS TOP NOTCH SERVICE

The leadership of the nation’s largest professional association said today they would ask their clients to swallow a higher Value Added Tax rate on real estate purchases if that increase came with action – an improvement in ease of doing business including speedier application processing.

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