Browse Real Estate Agent Directory For sale in Bahamas or list your own. Advertise, sell your property, list it for letThe Bahamas (/bəˈhɑːməz/ (About this soundlisten)), known officially as the Commonwealth of The Bahamas, is a country within the Lucayan Archipelago of the West Indies in the Caribbean. It takes up 97% of the Lucayan Archipelago's land area and is home to 88% of the archipelago's population. The archipelagic state consists of fewer than 700 islands, cays, and islets in the Atlantic Ocean, and is located north of Cuba and Hispaniola Island (Haiti and the Dominican Republic), northwest of the Turks and Caicos Islands, southeast of the US state of Florida, and east of the Florida Keys. The capital is Nassau on the island of New Providence. The Royal Bahamas Defence Force describes The Bahamas' territory as encompassing 470,000 km2 (180,000 sq mi) of ocean space.
The Bahamas were inhabited by the Lucayans, a branch of the Arawakan-speaking Taíno people, for many centuries. Columbus was the first European to see the islands, making his first landfall in the 'New World' in 1492. Later, the Spanish shipped the native Lucayans to slavery on Hispaniola, after which the Bahama islands were mostly deserted from 1513 until 1648, when English colonists from Bermuda settled on the island of Eleuthera.
The Bahamas became a British crown colony in 1718, when the British clamped down on piracy. After the American Revolutionary War, the Crown resettled thousands of American Loyalists to The Bahamas; they took their slaves with them and established plantations on land grants. African slaves and their descendants constituted the majority of the population from this period on. The slave trade was abolished by the British in 1807; slavery in The Bahamas was abolished in 1834. Subsequently, The Bahamas became a haven for freed African slaves. Africans liberated from illegal slave ships were resettled on the islands by the Royal Navy, while some North American slaves and Seminoles escaped to The Bahamas from Florida. Bahamians were even known to recognise the freedom of slaves carried by the ships of other nations which reached The Bahamas. Today Afro-Bahamians make up 90% of the population of 332,634.
The country gained governmental independence in 1973 led by Sir Lynden O. Pindling, with Elizabeth II as its queen. In terms of gross domestic product per capita, The Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and offshore finance.A real estate broker or real estate salesperson (often called a real estate agent) is a person who acts as an intermediary between sellers and buyers of real estate/real property and attempts to match up sellers who wish to sell and buyers who wish to buy.
In the United States, the relationship was originally established by reference to the English common law of agency, with the broker having a fiduciary relationship with his or her clients. A real estate broker typically receives a payment called a commission for successfully matching a seller's real estate with a buyer such that a sale can be made. This commission can be divided up with other participating real estate brokers or agents when applicable.
An estate agent, which is a term used in the United Kingdom, is a person or business entity whose business is to market real estate on behalf of clients. There are significant differences between the actions, powers, obligations and liabilities of brokers and estate agents in each country. Other countries take markedly different approaches to the marketing and selling of real property.
In the United States, however, real estate brokers and their salespersons who assist owners in marketing, selling, or leasing properties are commonly called "listing brokers" and "listing agents." [1] Listing brokers and agents seek to market and sell or lease property for the highest available price under the best available terms.
Other brokers and agents may focus on representing buyers or tenants. However, licensing as a broker or salesperson authorizes the licensee to represent parties on either side of a transaction. The choice of which side to represent is a business decision for the licensee.Source: https://en.wikipedia.org/