According to Tuesday's Freeport News,
Prime Minister of the Commonwealth of The Bahamas Perry Christie
announced that in a matter of weeks construction work will begin to
convert the Reef Village Inn into Memories Grand Bahama Beach and
Casino Resort, a five star all inclusive resort. This is a partnership
between Sunwing Travel one of the largest most successful tour companies
in Canada, Hutchison Whompoa and The Government. This is indeed long
awaited welcome news for all of us in Grand Bahama. Sunwing owns a
fleet of 737's and will be bringing GB the much needed airlift DIRECT
from Canada that we have all been praying for. The plan is to renovate
the hotel into a Blue Diamond Resort, add restaurants, aqua theme park
and more. This is fantastic news for Freeport because it brings jobs,
airlift and the most precious commodity of all ....
tourists to the island. Let's hope that Memories will bring back the Memories of a successful, prosperous Grand Bahama Island.
What does all this
mean for the real estate market on Grand Bahama. It means that 460
rooms at the new Memories will have over 2,000 people each week who may
be interested in spending more time in Freeport as second home owners or
retiring to Freeport if they like it here or telling their friends
about Freeport. This is a great shot in the arm for our real estate
market because Canadians have traditionally been very interested in the
Freeport market and have invested in real estate over the years.
So
sellers its time to get your house ready because The Canadians are
coming! The Canadians are coming ! This could mean that the buyer you
have been waiting for may be on their way. With new potential buyers
coming to Freeport its time to be proactive and get your property ready
to sell because the better your home looks while it’s on the market, the more likely it is to sell quickly and for top dollar.
A few tips on getting your house ready for the market...
When
you have a listing appointment with a Real Estate Agent, let the agent
go through your home with you and make suggestions about cosmetic
repairs that will help to present your home at its best. These
recommendations can make some sellers uncomfortable because they are
reminders of the “little” projects that they have postponed. Most
sellers need suggestions about repairs that will make their home show
well, and providing these is an important part of our job.
The
most inconvenient aspect of having your house on the market is the
constant housekeeping required. Even if you are naturally neat, it
requires a lot of hard work to constantly keep your home shining and to
keep it looking beautiful. It may mean getting extra help from the
children or hiring short-term professional help.
The
important of making a good impression on the Realtors and buyers who
come through your home cannot be overstated as many interested buyers
may call for last minute appointments to see your home. Buyers may
associate a messy home with poor maintenance of the structure, systems
and appliances. It can also discourage offers or result in a lower offer
than the house might otherwise bring.
If
you are considering painting, updating the kitchen, landscaping, or any
other improvements that would increase your home’s resale value, think
about making those improvements now while you are still there to enjoy
them.
The first time your home
is seen by the public is the best chance you have to sell your home.
So with the new influx of Canadians coming make sure your house is ready
for everyone looking for property. Even if you are not a seller today
lets all spruce up our home and business properties to make a great
impression for the tourists that will be coming to our island! Until
Next week.
