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Perhaps you shouldn't compare the two..............

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non-sequitur, non?


Captain One Iron
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US has sent hundreds of billions to each of its wars which doesn't help money in circulation to improve life at home. This was compounded when crooked insurance companies and reckless banks were rewarded with hundreds of billions disguised as a stimulus plan. Americans just don't have purchasing power for real estate, vacations products and services when the money has been sent to foreign wars and domestic bank vaults. No new jobs and no economic growth have resulted from the wars and stimulus plan. We were much better off in Iraq with the "no-fly" zone implemented by the first Bush and killing bad guys with drones has been successful in the other war too. Its cheaper and saves American lives. Real Estate will recover as it always does, but sound economic policy must return first.

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What was the subject??????????????

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Subject was Honest Agents/Make you pay their taxes/Fixed commissions/Apologies All Around/Real estate market is bad.

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.

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Originally Posted by CaptOneIron
Amanda, of course you are correct and I very much like working with all that I work with on the island and have enjoyed my associations so far. I am looking forward to the market picking up a bit of course but frankly I see no sign of it from what is happening here in Florida and the rest of the US.


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I really don't think the seasonal investment and second home market on Ambergris Caye is the same as the housing market of the US. Although there has been a slow down in sales over the last two years it is not as bad as the US and properties are selling. Some markets such as Canada are still doing well. Main reason is that most buyers here pay cash and those in Canada are not buying with 0 down.

The only people to blame for the state of the US housing market are Americans who consistently spend more than they should. We don't have the same issues here. Try getting a loan at Belize bank with 0 down.

90% of our market here is equity based purchase. where as the US is maybe 10%.

As for commission rates here you can't compare them to what your realtor in metropolis city US charges. Your US realtor has a 12 month selling season and many many agents sell in excess of $20M USD annually. That would be a very very good year for someone hear. I mean a very good year.

I know a Taxi driver that also calls himself a real estate agent I think he will list your property for $500.00 USD flat fee and he will tell everyone who gets into his taxi about it. NOW THAT'S EXPOSURE.

There are many great agents here on the island. All you have to do is ask around and you will end up hearing the same names over and over again.

If anyone is looking at Buying or selling property I recommend that you look at the Realtors of MLSambergriscaye.com Find someone who is compatible with you and ask questions.


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This thread makes me smile every morning :-)


White Sands Dive Shop
https://whitesandsdiveshop.com/
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My experience in the US tells me that Honest Real Estate Agent is an oxymoron.
Not so in San Pedro. My purchase using Amanda & Chris at Sunrise was extremely smooth considering the extenuating circumstances. They have also been great helping us acclimate to a foreign country as an added service. Great people to deal with! Will definitely use them again if the occasion arises...


Paradise Gallery & Frame San Pedro, AC

"Custom Framing & Art Gallery featuring local Artisans"
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