Sellers
When are the costs involved in selling property in the Bahamas?
The costs for most sellers are:
- Real Estate Commission
- Legal Fees
Real Estate Commission is 6% on improved property and 10% on vacant land and businesses.
How much are legal fees?
Legal fees, although they can vary, average to be 2.5% of the purchase price.
Does the seller pay the VAT?
While VAT is a purchaser's tax, the typical practice in the Bahamas is for the VAT tax to be shared equally between buyer and seller unless otherwise agreed upon.
Contact us to discuss listing your property for sale. During our conversation, we will discuss other costs you as a seller may accrue during the process based on your property.
Exclusive Listing Agreement
When you choose to sign an Exclusive Listing Agreement with Bahamas Islands & Cays Realty, your property receives the focused attention and comprehensive exposure it deserves. This agreement ensures your home is showcased to both local and international buyers, providing a single point of contact for seamless communication. By partnering exclusively with us, you allow our team to fully dedicate our marketing resources to your property, all without increasing the broker commission.
The MLS – Maximizing Exposure
The Multiple Listing Service (MLS) is a critical tool in today’s real estate market. Bahamas Islands & Cays Realty leverages the MLS to give your property unparalleled exposure to licensed agents and buyers. By connecting your listing with over 500 licensed members of the Bahamas Real Estate Association (BREA), we amplify visibility and drive interest from thousands of potential buyers. Additionally, all MLS-listed properties are promoted on major platforms like realtor.com, further increasing reach.
Marketing Your Property
Selling a luxury home in The Bahamas requires more than standard advertising — it demands a strategic, sophisticated marketing approach. Our team combines expert digital campaigns, international property showcases, and high-end media placements to ensure your home is seen by the right audience. From curated online presentations to targeted global exposure, we position your property to attract qualified, serious buyers and achieve optimal results.
