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Mike Lightbourn

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Realtors: Dorian tax breaks 'plus' as vultures hover

Bahamian realtors yesterday hailed the government’s post-Dorian Economic Recovery Zone incentives as a “big plus” but warned other measures were required to kickstart the rebuild.Mike Lightbourn, Coldwell Banker Lightbourn Realty’s president, told Tr

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BOB: Renewed confidence will ‘wane’ if no plan

Bank of The Bahamas was yesterday urged to release a detailed revival strategy at its upcoming shareholders’ meeting otherwise confidence created by its return to profitability will “wane”.

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Top realtors: PM 'will do wonders' with first-time buyer clear-up

Top realtors yesterday said Prime Minister Perry Christie would “do wonders” by clarifying his Budget comments on the first-time buyer Stamp Duty exemption, warning that they had only caused more “confusion” and uncertainty.

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'Frustration' rising over Investment Board delay

“Frustration” is mounting among Bahamian attorneys, realtors and their clients over Investments Board approval backlogs of up to two-three months, with the delays costing both the private sector and the Government much-needed revenue.

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Realtors fear sales 'flattening out' if no duty exemption

Leading realtors yesterday urged the Government to extend the $500,000 first-time buyer Stamp Duty exemption beyond its current June 30 expiration, warning that its end would cause sales to “flatten out” in the most critical part of the Bahamian market.

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Selling a home under pressure

If you’re under pressure to sell your home or other property quickly in a challenging market, the first thing to do is increase its visibility.

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The weasel clause

When you receive an offer to purchase, your first thought will be the price. If it’s full price, you’ll be excited. And you should be, provided there’s no “subject to” clause(s).

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Are you a single home buyer?

More single young people are buying homes today than in years gone by. They recognise that a mortgage payment on a house can actually be the same or even less than a rent payment, depending on the amount

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The hard truth about real estate

The hard truth about real estate By Mike Lightbourn Today I'm going to shatter a myth. Real estate is a very difficult career. Successful realtors are married to their jobs. That means showing properties on evenings and weekends. Realtors don't earn a

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Can you keep up?

During the past 12 months, how many homes have you personally sold? Ten, 15, 20? How did you attract the buyers? Which marketing techniques were most effective? What factors have occurred to affect the selling price?

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