How Local Agents Work in Punta Cana, Dominican Republic
It's a mad, mad world... well, at least that is how it must surely look to many buyers when they are introduced to the Punta Cana Real Estate market, as they begin to try and understand just exactly how agents and agencies work in Punta Cana. That's why we've dedicated this page to trying to help you make sense of it all.
HOW MANY REAL ESTATE AGENTS ARE THERE IN PUNTA CANA?
Actually, there's a lot more than what you see online. As in North America, you have agents working part time and full time, but being that real estate is such a hot topic in Punta Cana, you can find a taxi driver and a hotel worker offering you real estate properties for sale. Very few agents are traditional real estate agents with office premises. Punta Cana has developed its own unique market environment of people working in real estate, and if you're a seller, you need to reach out to the entire market.
Does that sound a bit crazy? Well yes it does, but over the years we've learned how to make this work to the best advantage for both our sellers and our buyers. Many of these 'agents' are in touch with visitors and local residents all day long and have some great referrals to offer. We didn't invent how things are today, but we do make it work dynamically, to the ultimate benefit of our sellers and buyers.
WHY DO PUNTA CANA AGENTS REFUSE TO SHARE LISTINGS?
We have been told by many buyers that local agents refuse to work with other agents, leaving them to wonder around with several agents for their Punta Cana purchase. Many of our North American buyers are not used to this behavior, as to them it may be considered unethical by REALTORS in their country.
The reality is that few local agents have the infrastructure for listing, marketing, sales, administration or the office network that we do. Many are busy running vacation rental agencies and selling related services such as excursions and trasnportation, or working other full time jobs. Naturally many of them will keep their own listings away from other agents. It's often a question of resources, as almost none would have the staff, or time to process other agents' viewings. Nor do they want to share their commission fee with other agents.
At Punta Cana Lifestyle Real Estate we leave the vacation rentals management to the local property managers who dedicate their time and efforts into this very important and time consuming job. This leaves us with the extra time to focus on listing properties- and help you find your Punta Cana property.
WE ARE MEMBERS OF REALTOR® INTERNATIONAL
Punta Cana Lifestyle Real Estate is committed to the higher standards proclaimed in the National Association of REALTORS® Code of Ethics. Our members feel the commitment made by joining the REALTOR® International Association sets a standard for all involved in the Punta Cana real estate industry.
The term, REALTOR®, is a trademark for use exclusively by members of the National Association of REALTORS®, whose members subscribe to a strict Code of Ethics.
Contact your Punta Cana Lifestyle Real Estate professional today to experience a fresher way of thinking, and have the best chance of finding your dream property in Punta Cana.