Investing in commercial real estate certainly has its challenges but can be incredibly rewarding too as you can earn a lot of money. It is vitally important that you choose the property and your funding sources wisely. 

The headline location, location, location that you always heart from realtors applies to commercial real estate too. You need to take the neighbourhood into consideration, how it's growing compared to similar areas. A fast growing location is attractive but you don't want the neighbourhood to to stagnate in times to come. 

It would also be wise to keep your focus on one type of property at a time, so for example either office blocks or retail as each type is going to require your undivided attention, also when you focus on just one type you will develop your expertise in that particular area. Look for an investment that has room to grow, for example look at properties that have a large number of units as more units means more cash in your pocket. 

Prior to purchasing, get a surveyor to do an in depth valuation so as to be aware of any structural or aesthetic concerns that could turn into a huge expense once you are the owner. 

Now let's go back to the topic of location and look at investing outside of the area, city or country where you would normally consider. The Cayman Islands as a tax free country, requires only a one time property tax which is payable upon purchase. There is no personal tax and no income tax. As an ever growing offshore financial centre , the Cayman Islands' corporate industry comprises a significant part of commercial real estate. Financial services account for 67% of the GDP. 

Coldwell Banker Cayman Islands has a significant list of commercial real estate listings, and as part of CIREBA's multiple listing system we have access to many more. 

 

In order to achieve their goals, successful individuals access valuable networks as early as possible. They seek out a knowledgeable player in the relevant field. They keep searching until they find someone they like. Over time, a worthwhile partnership developes. 

Our latest network connection is our new partnership with Hamptons International.  


L-R: Rebecca Adlington, Marc Goldberg Head of Sales at Hamptons International, Phil Tennant Chief Operating Officer at Hamptons International accept Best Large Agency UK from John Notley of Zoopla.co.uk 

While accolades and well known branding are trustworthy signals, it's even better to meet as many people behind these names as possible. We have learned that through consistent hard work, by gaining the respect of our peers we do not to stand out as much as we get to participate in networks that net results for our clients. 

Behind the complicated algorithms of our websites and cyber connections lie realtime relationships, not with email addresses and links, but with real estate professionals.  

We talk to the people that make up our network daily to reinforce our working relationships as well as our friendships. 

Behind our logo's and corporate colours lie the bedrock of our deal making abilities, professional individuals doing their jobs, seeking out deals, working with friends, both longstanding and new. 

When you have a real estate query and you approach Coldwell Banker Cayman Islands Realty, you find out that we are real people who enjoy meeting people from all over the world. Behind our logo we're blurring the lines between deal making, making friends and working The Deal. 


If you have a query - ask it on Facebook or drop us a line, and get on the Cayman Islands Real Estate Network. 

 

We know from looking at the most recent Coldwell Banker Cayman Islands Market Report written by Broker and Owner JC Calhoun that the Real Estate Market is seeing increasingly positive trends. 

As we here at Coldwell Banker in the sunny Cayman Islands are in the business of selling homes, we also make it our business to advise our clients on tips and how to's in order to ensure a quick and above all profitable sale. 

We are quite sure that you have heard and read all there is to know about staging your home, but have you ever wondered why? Yes it's to make the home look more appealing of course but have you ever stopped to think that your home, just like so many other things in life, appeal to the senses...or not. 

We found the below on Coldwell Banker NJ LLC's Facebook page and we thought it was certainly worth sharing, because it really is a slightly different way to think about the same concept, but it will certainly help you look at your home prior to a showing in a different way and who knows, it may just sell your home! 

Whether you're having an open house or allowing a private tour, while your house is on the market it will experience a lot of foot traffic. Realistically, you can't please everyone but there are at least five things you can do to appeal to the senses that will encourage a more pleasurable showing experience. Keep reading to find out more. 

Try this quick checklist that will definitely make the world's difference. 

Touch - A clean home is a must when trying to attract buyers. Do the dust test. When you swipe your finger along surfaces does it come back clean? Also, try to remember not to leave out anything that holds a significant to you. Just about everything that is left out is fair game for contact, so really access what you have on display. 

Sight - When you look around your home do you see clutter? Floors should be completely clear of any distracting items. Also remember- the chances of prospective buyers looking through every nook and cranny is highly likely, so no shoving things in the closet or under the bed. People need to be able to visual how your space can become theirs. 

Smell - If I had to choose, this would be the most important sense to pay attention to. A smelly home can be completely discouraging and off putting, not to mention it can totally ruin the chance for a sell. If you have carpets, invest in a good thorough cleaning as this is usually the source of harboring most foul smells. Also, make sure all the laundry is done, you wouldn't want an offer to pass you by because of smelly socks. 

Taste - If you can, try leaving a little snack for your guests. If your having a morning showing, coffee and sweets can really make an impression maybe not upon your home but on you as the seller. 

Sound - Another good way to spark the interest of prospective buyers is to not be there. Yes, I said it, you've (hopefully) followed all of these steps and now the last one is to beat it! Being in the home can be distracting in terns of noise but also in terms of the level of comfort your visitors will feel. They may be less inclined to really get into the nitty-gritty of your home if you are there. They may also feel compelled to limit their line of questioning in hopes you not over hearing. 

Happy selling! 

L-R: Rebecca Adlington, Marc Goldberg Head of Sales at Hamptons International, Phil Tennant Chief Operating Officer at Hamptons International accept Best Large Agency UK from John Notley of Zoopla.co.uk 

Coldwell Banker Island Affiliates, the Master Franchise of Coldwell Banker Real Estate Corp. in the Caribbean and Atlantic Island region and Hamptons International, a leading estate agency in the United Kingdom, announce their exclusive partnership. This agreement strengthens the scope and reach of both companies enabling them to offer property buyers and sellers a superior level of real estate service on both sides of the Atlantic Ocean.  

The agreement allows for additional exposure of all of Coldwell Banker Island Affiliates' property listings to be marketed by Hamptons International and also displayed on their website, www.hamptons.co.uk. 

Coldwell Banker Island Affiliates has been in business since 1997, when Coldwell Banker Real Estate Corp. began pursuing their vision of a global real estate company. The islands of the Atlantic and the Caribbean were one of the first areas targeted for expansion of the Brand being just off the shores of the USA. The Master Franchise area known as Coldwell Banker Island Affiliates (CBIA) comprises all the islands from Bermuda on the North, Aruba and Curacao to the South, Cuba to the West and Barbados to the East. 

Today, CBIA has 21 offices covering 15 different islands throughout the Caribbean and Atlantic island region. Hamptons International is a leading residential agency operating in London, the South of the UK and overseas. With more than 140 years of experience in the property market and a commitment to industry innovation and exceptional levels of customer service, Hamptons International today offers a wealth of award-winning services including UK and international Sales, Lettings, Property Management, Corporate Services, Residential Development, Development Land and Valuation, and Property Finance. Headquartered in London's Mayfair, Hamptons International has an international network of more than 85 offices and is a subsidiary of Countrywide, the UK's largest estate agency and property services group.  

"This agreement is a smart move on the part of both companies. There has long been a connection between the Caribbean and the UK. Many people from the UK are looking to buy property in the Caribbean, so the agreement makes sense to have reputable real estate agents on both ends of the transaction," said Jim Reed, Managing Director of CBIA. 

"We are proud to have Hamptons International as a referral partner in the UK." Alasdair Hedley, Head of International at Hamptons International, says: "The demand for second homes outside of the UK is gaining momentum and we're thrilled to have extended our partnership with Coldwell Banker to include Coldwell Banker Island Affiliates. Traditionally the Caribbean has been a real hotspot for our buyers and we're looking forward to capitalizing on the opportunities that this partnership will bring."  


About Coldwell Banker' Since 1906, the Coldwell Banker' organization has been a premier full-service real estate provider. The Coldwell Banker System has approximately 3,100 residential real estate offices and approximately 85,000 sales associates in 51 countries and territories. The Coldwell Banker System is a leader in the industry in residential and commercial real estate, and in niche markets such as resort, new home and luxury property through its Coldwell Banker Previews International division. It is a pioneer in consumer services with its Coldwell Banker Concierge Service Program and award-winning Web site, www.coldwellbanker.com. Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, a global provider of real estate and relocation services. Coldwell Banker' is a registered trademark licensed to Coldwell Banker Real Estate LLC. Each office is independently owned and operated.  


About Hamptons International Hamptons International is a leading residential estate agent and property services organization, operating in London and the South of the UK. With more than 140 years of experience in the property market and a commitment to industry innovation and exceptional levels of customer service, Hamptons International today offers a wealth of award-winning services including UK and international Sales, Lettings, Property Management, Corporate Services, Residential Development, Land, Valuation and Property Finance. Headquartered in London's Mayfair, Hamptons International has an international network of more than 85 offices and is a subsidiary of Countrywide, the UK's largest estate agency and property services group.