Coldwell Banker named Top Real Estate Franchise for the 9th year in a row! Consider investing in Bahamas Real Estate.

Franchise Times has named Coldwell Banker as the Top Real Estate Company for the 9th year in a row.

"Century 21, which two years ago was 16th, fell nine spots to No. 31 this year. Worldwide sales fell by nearly $1 billion at No. 12 Coldwell Banker, which still held onto its spot. Both Keller Williams (No. 41) and ERA (83) saw revenue declines, too.

Overall, however, the Franchise Times 200 managed to keep pace with the economy. Worldwide sales for the group grew nearly 4.8 percent, exceeding the 4.2-percent growth in U.S. retail sales.

Yet a bigger percentage of those sales are coming from outside the U.S., continuing a recent trend. While the total number of units in the 200 actually fell last year, the number of domestic units fell much faster, by 1.4 percent, while the number of international units remained steady."

Although there has been a slow down in the local real estate market, prices of units sold are holding steady.

Are you being affected by the roller coaster ride on Wall Street? Maybe you should consider investing in real estate in The Bahamas, where land is very limited, and demand remains high. Certainly it will be a safer investment that stocks and bonds.

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Real Estate Practice in Eleuthera ~ beware of who you are dealing with

Recently in Eleuthera there have been some reports of real estate agents practicing without legal broker status.

I urge all persons who are actively seeking property in Eleuthera to ensure that the person that they are working with is licensed to practice real estate in The Bahamas, and that they are working under the umbrella of a legal broker.

One case involves a 'broker' from Freeport who is not licensed to practice outside of Freeport. They have even gone as far as to place signs on the island, and advertising listings.

Your confidence can be assured with Coldwell Banker Lightbourn Realty. All of our agents are licensed and fully legal. Know who you are dealing with, and do not get pulled into a deal with someone with whom you arer uncertain of their status. A good way to double check is to go to www.bahamasrealestateassociation.com and contact the administrator to ask about your sales agent.



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