RISMedia's Real Estate Magazine

SEP 2018

Real Estate magazine is the industry's leading source for real estate news and information since 1980. Published monthly by RISMedia, Real Estate magazine offers timely and relevant real estate news to the industry's top brokers and agents.

Issue link: http://remag.rismedia.com/i/1017650

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Page 33 of 134

RISMedia's REAL ESTATE September 2018 29 What are some of the most important trends in your market? Currently, islands are the hottest commodity, and we've seen sales soar over the last two years. In fact, we've seen the highest amount of sales of private islands in the last 10 years, with investment in resort development following right on its heels. Buyers are also interested in farms and other agricultural properties. Income-earners, such as apartment buildings and properties suitable for vacation rentals, have also been attracting foreign buyers. What are your biggest challenges/opportunities for growth? Human resources has been our biggest issue in terms of growing. Finding agents who possess the quality and level of talent aligned with our reputation hasn't been easy. To that end, we've put a training program in place in order to elevate former assistants to roles in sales and transaction management. It's a long-term approach, but so far, it has secured loyal and hard-working, young people who are improving every day. We're excited about our future. How does being part of Leading Real Estate Com- panies of the World® help advance your business? LeadingRE has been tremendous in connecting us with some of the most talented and experienced brokers in our region. Access to training and the sessions available at conferences have been incredible boosts in our know-how. Being part of LeadingRE has also afforded us the oppor- tunity to get our hands on new technology, while providing insight into global trends, outreach and economics. The ability to connect with top brokers and agents from around the world and inform them about our market has been an untapped opportunity that we can now take advantage of thanks to LeadingRE. With social media, the opportunity to successfully do so has never been better. RE For more information, please visit www.belizerealestate.bz. This St. George's Caye home is listed for $650,000. Olde Mill is listed for $695,000. Casa Colibris is listed for $248,000. "We've seen the highest amount of sales of private islands in the last 10 years, with investment in resort development following right on its heels." – HUGO MOGUEL Broker/Owner, Vista Real Estate Belize

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