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NASSAU, BAHAMAS– As a member of one of the world\u2019s most powerful real estate networks, Bahamas Realty Ltd., is perfectly positioned to assist its clients in buying, selling or renting during the predicted boom in real estate, especially luxury properties, according to Executive Vice President of Luxury Portfolio International Stephanie Pfeffer.<\/p>\n
Enthralling her high net worth audience at a reception held at a residence in \u00a0Ocean Club Estates, Paradise Island, she \u00a0pointed out that through Bahamas Realty\u2019s affiliation with Leading Real Estate Companies of the World (LeadingRe) and Luxury Portfolio International, Bahamas Realty has unequalled global reach.<\/p>\n
She explained that LeadingRe links more than 500 top independently owned real estate firms, with nearly 140,000 associates in more than 30 countries. Only 200 members of this select group of 500 companies are members of the luxury marketing brand, Luxury Portfolio International, of which Bahamas Realty is a member.<\/p>\n
\u201cTogether we sell more real estate than any franchise. We are Number One with $235 BILLION in annual home sales in the US alone,\u201d Mrs. Pfeffer said, referring to figures provided by an independent research study published by American Express Publishing and Harrison Group.<\/p>\n
Bahamas Realty President Robin Brownrigg, fresh from the Leading Real Estate Companies of the World Convention in Las Vegas, reported, \u201cThe U.S. is expecting a boom by the end of the year. \u00a0In the Bahamas, we usually follow the US market — up or down — by about 6 to 12 months.\u201d<\/p>\n
Mrs. Pfeffer agreed, adding \u201cThere is a pent up demand for luxury real estate, particularly second homes. In the Caribbean area you have real opportunities coming up.\u201d \u00a0She urged investors to get ready for the coming boom, noting \u201cWe have a huge inventory problem in the United States \u00a0at the moment…for instance San Francisco has only 12 days of inventory.\u201d<\/p>\n
To qualify for the Luxury Portfolio marketing program, a property must be valued at or about $1 million or more and meet other exacting requirements. According to Mrs. Pfeffer, Luxury Portfolio has more listings over $1-million than any other affiliation with 83% of its listings offered at over $1-million while franchises, such as Coldwell Banker, have only 54 per cent at over $1-million and Sotheby\u2019s International has only 43 per cent of its listings over $1-Million.<\/p>\n
Leading Real Estate Companies of the World and Luxury Portfolio offer their members the tools necessary to reach and inform their customers in today\u2019s global market, she said, such as:<\/p>\n
*\u00a0\u00a0\u00a0 Luxury Portfolio International\u2019s, \u201cLuxeAnalytics program \u00a0provides reporting of exactly where the interest originates for each property featured on its website, translated into \u00a09 languages and 7 currencies, available to property owners through member agents.<\/p>\n
*\u00a0\u00a0\u00a0 Properties featured in \u00a0leading print media such as \u201cThe Wall Street Journal,\u201d \u201cBlack Card,\u201d \u201cUnique Homes\u201d, \u201cDuPont Registry,\u201d \u201cArchitectural Digest,\u201d \u201cVeranda\u201d & \u201cVelocity.\u201d<\/p>\n
*\u00a0\u00a0\u00a0 Top Google search results<\/p>\n
*\u00a0\u00a0\u00a0 A dedicated luxury real estate magazine, \u201cLuxury Portfolio International,\u201d highlighting luxury lifestyles and properties along with Luxuryportfolio.com<\/p>\n
*\u00a0\u00a0\u00a0 And extraordinary support in education, elegant graphics and advertising.<\/p>\n
Andrea Brownrigg, a director of Bahamas Realty and listing agent for the amazing multi-million dollar Ocean Club Estates home at which the Luxury Reception took place, added, \u201cThe affluent, more than ever demand craftsmanship and high quality in the homes they buy and are more resourceful than ever in finding it, on and off the internet. Agents who represent such properties have to become true authorities on the luxury real estate marketplace, addressing the distinctions which speak to this increasingly sophisticated buyer\u2019s passions.\u201d<\/p>\n
Bahamas Realty CEO Larry Roberts sums it all up saying \u201cThe luxury consumer demands, first and foremost, that his or her agent be reputable among his peers and in his community; knowledgeable about their market, with a track record for \u00a0selling million dollar homes; supported by an agency with global reach and websites as elegant as the properties represented. With the strength of LeadingRe and Luxury Portfolio supporting us, Bahamas Realty is moving to the leading edge of luxury real estate. \u201d<\/p>\n
Events by Alexandra catered the event with fine French champagne and wines provided by Liquid Courage. Bahamas \u00a0Music Conservatory \u00a0entertained guests from the wrap-around, poolside \u00a0balcony.<\/p>\n
By P.S. News Features<\/em><\/span> As a member of one of the world\u2019s most powerful real estate networks, Bahamas Realty is perfectly positioned to assist clients in buying, selling or renting during the predicted boom in real estate.<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[28],"class_list":["post-34735","post","type-post","status-publish","format-standard","hentry","category-business","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/34735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=34735"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/34735\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=34735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=34735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=34735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nCaptions: LUXURY LEADERS–Awaiting \u00a0their guests for the Bahamas Realty Leading Real Estate Companies of the World\/Luxury Portfolio International \u00a0reception March 12 at Ocean Club Estates are: (from left) Bahamas Realty President Robin Brownrigg, Director Andrea Brownrigg, Director Lindsey Cancino, Executive Vice President of Luxury Portfolio International Stephanie Pfeffer, and Bahamas Realty CEO Larry Roberts. The event introduced Leading Real estate Companies of The World (LeadingRe) and its Luxury division, Luxury Portfolio International and the extensive services that Bahamas Realty provides through this organization. LeadingRe is an association of leading independent real estate companies around the world. \u00a0Bahamas Realty is proud to be the exclusive member of this association in The Bahamas. Events by Alexandra catered the event with fine French champagne and wines provided by Liquid Courage. <\/em><\/span>
\nPhoto by Roland Rose<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"