Browse Real Estate Agent Directory For rent in Dominican Republic or list your own. Advertise, sell your property, list it for let The Dominican Republic (/dəˈmɪnɪkən/ də-MIN-ik-ən; Spanish: República Dominicana, pronounced [reˈpuβlika ðominiˈkana] (About this soundlisten)) is a country located on the island of Hispaniola in the Greater Antilles archipelago of the Caribbean region. It occupies the eastern five-eighths of the island, which it shares with Haiti, making Hispaniola one of only two Caribbean islands, along with Saint Martin, that are shared by two sovereign states. The Dominican Republic is the second-largest nation in the Antilles by area (after Cuba) at 48,671 square kilometers (18,792 sq mi), and third by population with approximately 10.5 million people (2020 est.), of whom approximately 3.3 million live in the metropolitan area of Santo Domingo, the capital city. The official language of the country is Spanish.
The native Taíno people had inhabited Hispaniola before the arrival of the Europeans, dividing it into five chiefdoms. The Taíno people had eventually moved north over many years, and lived around the Caribbean islands. The Taíno natives had done quite well for themselves and were on their way to being an organized civilization. Christopher Columbus explored and claimed the island, landing here on his first voyage in 1492. The colony of Santo Domingo became the site of the first permanent European settlement in the Americas and the first seat of the Spanish colonial rule in the New World. Meanwhile, France occupied the western third of Hispaniola, naming their colony Saint-Domingue, which became the independent state of Haiti in 1804. After more than three hundred years of Spanish rule the Dominican people declared independence in November 1821. The leader of the independence movement José Núñez de Cáceres, intended the Dominican nation to unite with the country of Gran Colombia, but the newly independent Dominicans were forcefully annexed by Haiti in February 1822. Independence came 22 years later in 1844, after victory in the Dominican War of Independence. Over the next 72 years the Dominican Republic experienced mostly internal conflicts and a brief return to Spanish colonial status before permanently ousting the Spanish during the Dominican War of Restoration of 1863–1865. The United States occupied the country between 1916 and 1924; a subsequent calm and prosperous six-year period under Horacio Vásquez followed. From 1930 the dictatorship of Rafael Leónidas Trujillo ruled until 1961. A civil war in 1965, the country's last, was ended by U.S. military occupation and was followed by the authoritarian rule of Joaquín Balaguer (1966–1978 and 1986–1996). Since 1978 the Dominican Republic has moved toward representative democracy. Danilo Medina, the Dominican Republic's current president, succeeded Fernández in 2012, winning 51% of the electoral vote over his opponent ex-president Hipólito Mejía. The Dominican Republic has the largest economy in the Caribbean and Central American region and is the eighth-largest economy in Latin America.[26][27] Over the last 25 years, the Dominican Republic has had the fastest-growing economy in the Western Hemisphere – with an average real GDP growth rate of 5.3% between 1992 and 2018.[28] GDP growth in 2014 and 2015 reached 7.3 and 7.0%, respectively, the highest in the Western Hemisphere.[28] In the first half of 2016 the Dominican economy grew 7.4% continuing its trend of rapid economic growth. Recent growth has been driven by construction, manufacturing, tourism, and mining. The country is the site of the second largest gold mine in the world, the Pueblo Viejo mine. Private consumption has been strong, as a result of low inflation (under 1% on average in 2015), job creation, and a high level of remittances.
The Dominican Republic is the most visited destination in the Caribbean. The year-round golf courses are major attractions. A geographically diverse nation, the Dominican Republic is home to both the Caribbean's tallest mountain peak, Pico Duarte, and the Caribbean's largest lake and point of lowest elevation, Lake Enriquillo. The island has an average temperature of 26 °C (78.8 °F) and great climatic and biological diversity. The country is also the site of the first cathedral, castle, monastery, and fortress built in the Americas, located in Santo Domingo's Colonial Zone, a World Heritage Site. Music and sport are of great importance in the Dominican culture, with Merengue and Bachata as the national dance and music, and baseball as the most popular sport.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/