Buying property in the Bahamas is an exciting opportunity—but it's also a serious financial and legal commitment. Choosing the right realtor is one of the most important steps you'll take.
Here are 10 questions you should ask before signing with any agent:
Here are 10 questions you should ask before signing with any agent:
1.
Are you licensed by the Bahamas Real Estate Association (BREA)?
Only BREA-licensed agents are legally authorized to sell real estate in the Bahamas. Ask for their license number and verify it if needed.
Tip: No BREA license = walk away.
2.
Are you based in the Bahamas full-time?
Some offshore sales reps market properties without having boots on the ground. You want a locally connected expert who knows the nuances of each island and can act fast.
3.
How long have you worked in the Bahamian market?
Local experience matters. A seasoned agent will understand market trends, legal structures, negotiation culture, and potential red flags.
Glenn's note: I've been helping international buyers since 2001.
4.
What areas do you specialize in?
The Bahamas is not one market. Paradise Island, Nassau, Eleuthera, Exuma—all have different rules, prices, and opportunities. Make sure your agent is an expert in your target location.
5.
Can you help with legal, title, and government approvals?
A professional agent should coordinate with lawyers, assist with title checks, and guide you through government applications like Exchange Control or Residency Permits.
6.
Do you assist foreign buyers and expats?
If you're not a Bahamian citizen, you'll need specific guidance—especially on residency, taxes, and land purchase limits. Ask how many international clients they've supported.
7.
Can you advise on the best ownership structure?
Depending on your goals (rental income, asset protection, tax strategy), you may want to purchase in your name, a company, or a trust. The right realtor will have those conversations early.
8.
What services do you offer beyond the property search?
Are they just showing listings—or helping with inspection, appraisal, residency setup, relocation contacts, or rental management? Ask what's included and what's not.
9.
What's your commission structure and who pays it?
In the Bahamas, the seller typically pays the agent's commission (6% for improved property, 10% for land). Still, ask upfront so you're clear on any additional fees.
10.
Can you share recent success stories or referrals?
A good agent will be proud to share reviews, testimonials, or examples of clients they've helped—especially those in situations similar to yours.
👉Bonus: Ask Yourself This
"Do I trust this person to represent my best interest when I'm not there in person?"
If the answer isn't a strong yes, keep looking.
