Thanks to the marketing power of the BahamasB2B.com website, real estate sales in the Bahamas are going back up for the first quarter of 2011, prompting one agent to say the market is rebounding.
Matt Sweeting, an agent with Mario Carey Realty, told the local Nassau Guardian newspaper that the increase in sales signifies a rebound in the Bahamas real estate market.
Sweeting is a member of the Bahamas Real Estate Association’s (BREA) MLS committee.
The BahamasB2B.com website has sent thousands of solid referrals to the websites owned by leading Bahamas real estate agents and brokers. Realtors have admitted receiving many bonafide leads from the popular community and business site, leading to millions of dollars in sales.
According to Alexa.com, the world’s leading web statistics company, the BREA website has a three-month global Alexa traffic rank of 7,690,323, meaning there are over 7 million sites ranked higher.
The BahamasB2B.com website, the number one site in The Bahamas, has a three-month global Alexa traffic rank is 123,270, putting it in the top 1/10th of 1 percent of the trillions of websites in the world.
The MLS system, introduced to the Bahamas by BahamasB2B.com in 2002, is essentially a virtual marketplace for real estate, bringing brokers and customers together electronically. It allows the public to shop listings, research properties and contact Bahamas real estate brokers and agents.
Savvy members of the Bahamas real estate community use the BahamasB2B.com website to bring exposure to their exclusive listings.
With real estate prices still depressed, Sweeting says many properties are still selling at well below their market value. He says this means that it is still a good time for buyers, and although conditions may be improving, the economy has not fully recovered yet.
So, those interested in buying Bahamas real estate are encouraged to visit the Bahamas real estate pages on BahamasB2B.com.
Sellers should be sure to insist that their agent or broker list their property on the BahamasB2B.com web site where it will receive the maximum exposure possible.
Top Ranked Bahamas Real Estate Web Sites
BahamasB2B.com 123,270
Coldwell Banker Bahamas 530,188
Damianos – Sotheby’s 859,966
H.G. Christie 899,645
RE/MAX Paradise Realty 1,452,703
ERA/Dupuch Realty 1,677,954
Lowes Realty 5,052,711
BREA 7,690,323
* statistics from Alexa.com
