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July 2018

Found 4 blog entries for July 2018.

Some feel that a few Real Estates Agents in the Cayman Islands do not have a glowing and favorable perception from the public. Most people think Realtors get overpaid, take the long vacation and drive Luxury cars and live in mansions.

Did you realize there are over 1 million Realtors in the United States alone, the state of California has the most Realtors 1 to more than 98 individuals? In the Cayman Islands, we have 192 CIREBA licensed Agents. That is 1 for every 338 residents in the Cayman Islands, not as many per capita but for a tiny island where everyone knows a Realtor or is related to one; it gets small.

It is hard to explain in detail what a real estate agent does. You can ask are they in the selling game or counseling people make a costly

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Dan, a smart and tech-savvy Cayman homeowner, thought he’d save the agent commission and sell his house himself, seems reasonable.
However, he sold his home in South Sound, Grand Cayman for what he wanted, finally found a buyer after a few people who wasted his time and got his house under contract. It seemed like it was just too easy and it was!

Of course, it was too easy, and he undervalued the property. Now he was in a panic, what should he do? To get out of the contract, it will cost him.

In this business, we are asked what do CIREBA MLS agents do? Are they worth the cost of the commission? Well, I want to share a few things that I have seen Cayman islands homeowners do, and they have been hurt the long run. What does an Engel & Volkers Real

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Top Questions to ask an Attorney when buying property in the Cayman Islands

When buying property in the Cayman Islands, it is vital to find the right conveyancing lawyer to help you with the title transfers. In the United States, title companies are typical; however, in Cayman, we do not have those companies. The writer of this blog, Heidi Kiss, Broker of Engel & Volkers in Cayman have known many Caymanians, locals and expats who have registered their property at Lands & Survey building downtown and had to save a few hundred or even thousands of dollars and nothing bad has happened, yet, that I know of. Everyone can pump gas in his or her car but that doesn't mean that you can pump gas into a 747 aeroplane. You are not qualified, and you don't know the

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Renting a space for your business is usually the one the most significant expenses in your business budget. With all decision when renting or buying real estate location is critical in fact it can help or kill your business. Here are a few helpful pointers from Heidi Kiss, Commerical Leasing Agent in the Cayman Islands, Broker of Engel & Volkers.

Decide on the location: If you sign a cheap 10-year lease, in the wrong area, there is no easy way to correct your mistake. If you have an office and not a lot of walk-in clients; most of your business is conducted over email or phone then you will not need a storefront retail shop where the rent per sq ft is typically a lot higher than in a 4th-floor office building.

Plan out your business strategy: If you

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