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COMPANY | LEADERSHIP
OUR
COMPANY
EXPERTS IN THE BAHAMA ISLANDS
Damianos Sotheby’s International Realty offers a
comprehensive
agent
and
client
support
system
emphasizing an innovative approach, custom marketing
plans
and
personal
knowledgeable
Bahamas.
real
Our
attention
estate
affiliation
from
the
professionals
with
the
most
in
the
Sotheby’s
International Realty® brand brings a global network of
marketing resources to your doorstep that is unmatched.
The Brand was built on a 260-year reputation and
foundation of excellence, and offers unparalleled
access to the world’s most distinctive properties
through its global affiliates.
COMPANY | JOURNEY
OUR JOURNEY
AN UNPARALLELED CUSTOMER EXPERIENCE
After 64 years of representing buyers and sellers and
serving the Bahamian market, Damianos Sotheby’s
International Realty was selected above any other real
estate company in the Bahamas to be awarded the
Sotheby’s International Realty® master franchise for the
Bahamas. This worldwide brand designation brings a
new level of capability and professional service to our
clients that is unmatched in the market.
Our firm offers unparalleled customer experience and
our affiliation with the Sotheby’s brand opens an
extraordinary resource of home buyers for our
clients.
We appreciate the opportunity to show you how our
company can provide the marketing advantage that your
property deserves.
George Damianos
President
Damianos Sotheby’s International Realty
Bahamas
COMPANY | PROMISE
OUR PROMISE
TO OUR CUSTOMER AND CLIENTS
Damianos Sotheby’s International Realty has a legendary tradition of excellence.
Covering all your property marketing needs, our sales associates, managers and staff are
the finest in the real estate industry. We promise to focus our attention on marketing your
property to buyers locally and around the world. We promise to possess in-depth
knowledge of our communities, of market trends and of the most innovative marketing
techniques and technologies. We promise to dedicate our talent, energy and creativity to
give you the personal service you deserve.
DARRIN SANDS
Darrin Sands was born in Nassau, but moved out of the city to Spanish Wells
in 1975. He was involved in the lobster Fishing industry for 30 years, gaining extensive knowledge of the trade and the archipelago of the Bahamas. He joined
Damianos Sotheby’s International Realty in 2006. Darrin is a private pilot, who in
his free time loves island hopping and IT consulting.
Darrin knows the real estate market in Spanish Wells, Russell Island, adjacent islands and North Eleuthera. He enjoys meeting new people and is committed to
offering professional assistance to his clients. Ready and able to meet your real
estate needs, Darrin is looking forward to meeting you and helping you purchase
the island property of your dreams; whether you need a small lot to build a vacation cottage or a luxury mansion on the beach.
A small island (about half a mile wide by 2 miles long), located off the northern
tip of Eleuthera Island, in the Bahamas. Spanish Wells is a quaint community that is
unique in many ways. It is the Crawfishing Capital of the Bahamas and the people
are very industrious; they move forward with the times and that sense of one big
family is always prevalent. Historically, the island was used as a last stop for Spanish
ships returning to Europe, where these ships refilled their water supply from wells
created for this purpose - thus the English name of the island: Spanish Wells.
c 242.557.7071
e Darrin.Sands@SothebysRealty.com
Damianos
ADVERTISING | ONLINE
e-CAMPAIGN
A SUPERIOR APPROACH TO DIGITAL MARKETING
Proven Results:
Our approach to electronic marketing
•
Newsletter
•
New Listings Notifications
•
Investment Opportunities
•
Postcards
•
Email Banners
assures
local,
international
extraordinary
regional,
exposure.
advanced
national
We
utilize
technology
solutions, unique to our brand.
Making 50,000 Impressions Worldwide
and
ONLINE | MARKETING
GENERATING WORLDWIDE EXPOSURE
THROUGH PRINT MEDIA & THE INTERNET
RESIDE™
Sotheby’s Preview
Luxury Real Estate Magazine
The Wall Street Journal
New York Times Magazine
New York Times Escape
Country Life International
Robb Report Vacation Homes
Robb Report Collections
International Herald Tribune
Boston Globe
Design New England
USA Today
DuPont Registry
Unique Homes
Paradise Magazine
Southern Boating
100 Thousand Club
REALlife Magazine
e-Marketing Custom Campaigns
We are recognized as the leader of unique technologies
and marketing methods that produce extraordinary
results.
A Selection of our exclusive listings are artfully displayed
in prestigious publications and international websites.
Combined with the substantial media attention generated
from Sotheby’s Auction House events, a selection of
properties are aligned with one of the world’s most visible
names in luxury living – positioning it to attract prominent
homebuyers from across the world.
PRINT | ADVERTISING
GENERATING LOCAL EXPOSURE
INDIVIDUAL, LOCAL AND CUSTOM-TAILORED
Bahamas MLS
The Tribune Real Estate
Supplement
The Real Estate Book
Abaconian
Company Listing Booklet
Paradise Magazine
Exuma Breeze
The Eleutheran
The Eleutheras Magazine
The Tribune
Investor Magazine Bahamas
Bahamas Handbook
Michael Jordan Celebrity
Invitational
Abaco Journal
Abaco Cruising Guide
Destination Abaco
Bahamas Tourist Maps
Custom e-Marketing Campaigns
With over 60 years of uncommon knowledge of Bahamian
communities Damianos Sotheby’s International Realty
estate agents are unique real estate professionals. We are
skilled, experienced and committed to discretion,
personal attention and diligence.
Local advertising serves not only to keep the community
informed of property inventory but reaches out to the many
visitors who vacation and spend time in the Bahamas.
Many
prospective
international
buyers
also
peruse
Bahamian properties through local advertising online.
MEMBERSHIP | NETWORK
Damianos Sotheby’s International Realty
proud company wide members of
The Bahamas Multiple Listing Service
Launched in March 2008 under The Bahamas Real Estate Association.
•
State of the art database system with many features to assist our team of agents to
efficiently market your property.
•
Automatic alerts to registered buyers of new properties as they are listed in Real
Time.
•
Your property is accessible to members of the MLS. We invite Bahamian Brokers
and Agents to participate in a co broke on the sale of your property.
•
Strengthen and shorten the time your property is listed on the market.
•
Expedite the sales and purchase process.
OVER 130 PARTICIPATING MEMBERS IN 42 OFFICES
PREPARE | SHOWINGS
PREPARING YOUR
PROPERTY FOR SHOWINGS
First Impressions Are Lasting
Make a good first impression.
Evaluate is the “curb appeal” of your house.
Add some colorful plants and landscaping fill-ins.
Keep the lawn trimmed and edged and the yard free of refuse.
Ensure that the front door is fresh and clean.
Bulbs and lamp fixtures should look clean and in working order.
Let The Sun Shine In
Maximum light. Turn every light on, even during the day.
Open blinds and draperies.
Small Repairs Make A Big Difference
Loose knobs, sticking and squeaking doors and windows, warped cabinet drawers, badly
cracked plaster and other minor flaws detract from home value.
Paint For A Quick Sale
Faded walls and worn woodwork reduce appeal.
Reduce Clutter in Rooms and Closets
Remove all unnecessary accumulations
Sore away personal knick-knacks, collections and family photos
Remove unnecessary furniture from all rooms.
Changing Tastes
Buyers prefer tiled floors and natural floorings such as wood and natural stone such as slate and
marble in living areas and light-colored décor.
Pride Of Ownership Sells
Cleanliness attracts buyers.
Buyers Like Privacy
Buyers prefer privacy when being shown through a house.
Trust your agent to show the house and handle questions and objections.
Reasonable Access
Your agent needs to be able to show it frequently.
The easier it is to show the house, the more likely it is to be shown often.
The best way to ensure convenient access is to provide your agent with a key.
BUYING & SELLING REAL ESTATE IN THE BAHAMAS
GOVERNMENT STAMP TAX
Paid on every sale and split equally between buyer and seller unless otherwise agreed upon. The rate is as follows,
on any sale:
■ Up to $20,000
4%
■ From $20,000 to $50,000
6%
■ From $50,000 to $100,000
8%
■ From $100,000 and over
10%
■ First time purchasers of dwelling houses (includes condos) in the Bahamas valued at $500,000 and less (to
be used exclusively by the owner as a first-time dwelling), may apply to the Minister of Finance for an
exemption of the Government Stamp Tax.
REAL PROPERTY TAX
Owner Occupied
First $250,000
$250,000 to $500,000
$500,000 to $5 Million
Amount over $5 Million
0%
0.75%
1%
0.25%
Other Property
First $500,000
Amount over $500,000
1%
2%
Vacant Land
Up to $7,000
Amount over $7,000
$100
1.5%
LEGAL FEES
Both buyer and seller need legal representation by a Bahamian attorney.
REAL ESTATE COMMISSIONS - (paid by the Seller)
Developed property
Undeveloped property (raw land)
6%
10%
PERMANENT RESIDENCE STATUS
Overseas persons investing in a residence valued at $500,000 and over, may apply to the Department of
Immigration for Permanent Residency status. Holding a Permanent Residence certificate can lead to significant
tax advantages in your home country.
ANNUAL HOMEOWNERS RESIDENCE CARD
Available to any homeowner in the Bahamas. Obtained from the Director of Immigration, it allows the permit
holder, and family, to enter and remain in The Bahamas for the period of the permit.
NASSAU
Ridley Carroll
Estate Agent
NASSAU
Richard Sawyer
Estate Agent
NASSAU
Lana Premock
Rademaker
Estate Agent
NASSAU
Nick Damianos
Estate Agent
NASSAU
Suzanne Harding
Estate Agent
NASSAU
Mark Hussey
Estate Agent
NASSAU
Monty Roberts
Estate Agent
NASSAU
Roberta Hepburn
Estate Agent
Lyford Cay Sotheby’s
International Realty
Kerry Sullivan
Broker
HOPE TOWN/
ELBOW CAY
Laurie Schreiner
Estate Agent
MARSH HARBOUR,
LUBBERS QTRS.
Jane Patterson
Estate Agent
& Exclusive Affiliate
ELBOW CAY
Stan Sawyer
Estate Agent
TREASURE CAY
Bill Albury
Estate Agent
MARSH HARBOUR
Lydia Bodamer
Estate Agent
MARSH HARBOUR
George Damianos, CIPS, CRS
President
ABACO
ELEUTHERA
Jonathan P. Morris
Estate Agent
ELEUTHERA
EXUMA
Darrin Sands
Estate Agent
N. ELEUTHERA
Nassau t 242 322 2305
Virginia Damianos Premock, CRS
Vice President
Angelika Bacchus
Estate Agent
ELEUTHERA
|
Steve Donovan
Estate Agent
EXUMA
Lyford Cay t 242 362 4211
|
info.Bahamas@SothebysRealty.com