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Mario Carey Realty Launches Vacation Home Rentals Division

Tina Bain

Tina Bain, part of the expanding support staff of Mario Carey Realty, brings an administrative edge to a new division created to market and manage vacation rentals, a market Carey believes has unlimited growth potential in The Bahamas.

Mario Carey Realty Launches Vacation Home Rentals Division Mario Carey Realty recently launched a new division aimed specifically at handling vacation home rentals, a market Carey says has unlimited growth potential.

“For years, homeowners in the Family Islands have benefittedĀ  from the desire of visitors to stay in a home rather than a hotel and they have been able to satisfy that demand,” said Carey. Now, he says, the desire for vacation homes throughout the country, including New Providence, is increasing in historic proportions and the once-unregulated sector of the tourism industry is gaining official as well as visitor attention.

“With the vacation home market now under Tourism’s mantle,with proper legislation in place and the ability of anyone who owns a private home to make it available for rental once they hold a business license, meet inspection standards and pay the bed tax, we expect the growth rate of home rentals to exceed the growth rate experienced by hotels,” said Carey.

Private rentals, he believes, are attractive to families who are able to cook their own meals when they want, gather in a living room or often around a pool and enjoy a more personal vacation style than they might expect to experience in a resort.

“These visitors are major contributors to a local economy,”Carey explains.”They rent cars, buy groceries, eat in local restaurants, often rent boats or go out on fishing charters, doing beach trips.”

With the trend toward private home preference on the increase, Carey said the time was right for a real estate company to step up to a full marketing and management role, previously shared by property managers who managed a property part-time and homeowners who marketed through personal connections and websites like Home Away from Home and VRBO (Vacation Rentals by Owner).

“Fortunately, for us, we identified an ideal person to head the division, Tina Bain who is multi-lingual and an international award-winner,” said Carey. “We are very pleased to announce that effective immediately, Mrs. Bain is responsible for the Mario Carey Realty Vacation Home Rentals division.”

Mrs. Bain holds a Bachelor of Science in Real Estate Management from HFWU Nuertingen-Geinslingen, a prestigious real estate business school in Germany. She won the European Real Estate Challenge in the Netherlands and has worked in the commercial real estate field in Atlanta,Georgia as well as in Germany.

“I am excited about spearheading the vacation home rental division,” said Bain, who is part of the expanding support staff of the real estate company best known for its luxury listings record. “I believe we will bring a new level of detail to short-term vacation rentals by finding a home away from home without compromising standard of living. The satisfied, happy client is the loyal client who will return time and again to The Bahamas.” Mario Carey Realty is headquartered in a historic building on East Bay Street and has offices or agents on several islands throughout The Bahamas.

Diane Phillips & Associates

Posted in Business

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