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Damianos Sotheby's International Realty

BAHAMAS SOTHEBY’S INTERNATIONAL REALTY CELEBRATES RECORD BREAKING SALES IN 2022 AND LOOKS AHEAD TO ANOTHER BANNER YEAR IN 2023

 

Bahamas Sotheby’s International Realty, an industry leader with 78 years of expertise in luxury real estate, is pleased to announce a record-breaking year in 2022. The exceptional performance of the company can be attributed to its dedicated and knowledgeable sales team, brand support, and administrative team, according to Lana Rademaker, Chief Brokerage Officer.

Several sales agents from Bahamas Sotheby’s International Realty were honored for their outstanding performance, including Nick Damianos as the Company’s Top Producer and Listing Agent, Mark Hussey as the Top Producer for the Nassau Sales Team, and Tiffany Forbes as the Top Producer of the Baha Mar Residential Sales Team. Awarded Top Producer and Top Listing Agent in Abaco was Jane Patterson. Angelika Bacchus earned the title of Top Producer and Top Listing Agent in the Eleuthera market. The Circle of Excellence Award was awarded to a group of top-performing sales agents, including Vanessa and Christopher Ansell of The Ansell Group, Samira Coleby, Madeline Wilkinson, Christina Cunningham, and Sarah Chemaly.

The year 2022 was marked by innovation, record-breaking sales, and unparalleled global networking, according to Lana Rademaker. The Baha Mar Residences™ sales team saw strong residential sales with their relocation to the resort’s casino floor, attracting new energy and visibility to the luxury residences at the Rosewood Hotel. The company also expanded its team, adding five new sales agents and five administrative team members, contributing to the overall success of the company.

Lana emphasized that Bahamas Sotheby’s International Realty achieved milestone sales volume in 2022, such as the sale of Harbour House in Lyford Cay, the highest-priced house ever sold in The Bahamas, and Cave Cay, the highest-priced private island sale in 2022. These achievements were further propelled by the exceptional efforts of CEO. George Damianos, who was recognized as one of Sotheby’s International Realty’s Top 100 Agents for his dedication to clients and the global company.

Looking ahead to 2023, Bahamas Sotheby’s International Realty is optimistic, with a top-tier team of sales, marketing, and administrative professionals who are motivated to excel in their field. The power of the Sotheby’s International Realty® brand and its global referral network, combined with the strength of the company’s team, anticipate continued success for the brokerage.

Sotheby’s International Realty®, a global leader in luxury real estate, continues to advance the industry with technology and marketing efforts, including a mobile-first approach to accommodate the needs of today’s clients. The brand’s support infrastructure and proprietary marketing platforms remain a unique advantage for Bahamas Sotheby’s International Realty, according to Top Producer Nick Damianos.

Bahamas Sotheby’s International Realty, with eight offices throughout The Bahamas, has been a trusted name in luxury and waterfront property sales since 1945. With a team of experienced real estate professionals, the company consistently ranks among the top producers in The Bahamas real estate industry.

 

About Bahamas Sotheby’s International Realty
Bahamas Sotheby’s International Realty has eight offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Harbour Island, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay, Albany and Private Islands. Head office Windsor Business Park, Windsor Field Road. For additional information, please contact 242-322-2305 or info@SIRbahamas.com.

 

About Sotheby’s International Realty
The Sotheby’s International Realty® network currently has more than 26,000 affiliated independent sales associates located in over 1,000 offices in 81 countries and territories worldwide. US$204 Billion in Annual Sales.

February 16, 2023 by
Damianos Sotheby's International Realty

DAMIANOS SOTHEBY’S INTERNATIONAL REALTY GROWS SALES TEAM IN KEY MARKETS

NASSAU, The Bahamas (December 21, 2022) — George Damianos, Chief Executive Officer for Damianos Sotheby’s International Realty, and Lana Rademaker, Chief Brokerage Officer, are pleased to announce the addition of two new estate agents: Debbie Reid, who will be based in the Nassau office, and Yolanda Pawar who will join the sales team in Governors Harbour, Eleuthera.

Reid joins Damianos Sotheby’s International Realty with an extensive background in property management in communities such as Old Fort Bay and Lyford Cay and will draw upon her longstanding client relationships and knowledge of the Nassau luxury residential market to serve both buyers and sellers.

“Debbie’s insight into this unique segment of our client base and her extensive understanding of their needs means she’ll hit the ground running as a sales agent,” Rademaker said. “We’re extremely supportive of this new career path she’s chosen.”

Pawar has been a longstanding successful member of the Bahamian business community as a marketing, public relations, and corporate communications professional for large organizations such as Baha Mar and Doctors Healthcare System.  Additionally, she has developed deep and meaningful community ties in her

capacity as a volunteer with organizations such as Let’s Swim Bahamas, Mission Educate Bahamas, and the Bahamas Chamber of Commerce. Currently, Pawar acts as the face of One Eleuthera Foundation, a nonprofit organization based in Rock Sound that helps build sustainable development opportunities, invests in people and strengthens local communities across Eleuthera.

“Yolanda’s passion and commitment to the communities where she lives and works has earned her a stellar reputation as an upstanding community leader with impeccable values and an endless drive toward the betterment of every organization and person who she becomes involved with,” Rademaker said. “Her efforts have also garnered her a vast and diverse network of professionals throughout The Bahamas.”

Rademaker added that the addition of these new agents also positions Damianos Sotheby’s International Realty well for 2023.

“Buyer inquiries remain strong in all sectors but particularly when it comes to turnkey luxury waterfront homes and homes in gated communities throughout The Bahamas,” Rademaker said. “We’re also experiencing increasing inquiries for condominium units at Rosewood Residences at Baha Mar, all of which indicates a strong first quarter for 2023.”

Damianos Sotheby’s International Realty has been an industry leader since 1945 specializing in the listing, marketing and sale of luxury and waterfront properties. With 10 offices throughout The Bahamas, Damianos Sotheby’s International Realty boasts the most experienced and successful team of real estate professionals, consistently ranking among the top producers in The Bahamas real estate industry.

 

About Damianos Sotheby’s International Realty

 Damianos Sotheby’s International Realty has 10 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Harbour Island, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay, Albany and Private Islands. Head office Windsor Park, Nassau. For additional information, please contact 242-322-2305 or info@SIRbahamas.com.

 

About Sotheby’s International Realty

The Sotheby’s International Realty network currently has approximately 22,700 affiliated independent sales associates located in over 1,000 offices in 72 countries and territories worldwide.  Each office is independently owned and operated.

December 20, 2022 by
Damianos Sotheby's International Realty

Damianos Sotheby’s International Realty Achieves $1 Billion In Sales

NASSAU, The Bahamas (September 27, 2022) — It is with great honor that we announce this history-making achievement of being the first and only real estate company in The Bahamas to surpass $1 Billion in real estate sales within a calendar year. Accomplishing this milestone was made possible through the hard work of each and every member of our Damianos Sotheby’s International Realty team and I am incredibly proud to work alongside them each day. Our pursuit of excellence in providing our clients with the most seamless real estate experiences possible and recruiting only the top-tier most knowledgeable and professional team members and estate agents in the country continues to be our company’s core mission. We are deeply grateful to our valued clients who have trusted us throughout the past seven decades to represent and guide them through their real estate investments, and we look forward to serving them for many more.

“I am extremely proud of my agents, administrators and partner, Lana Rademaker, all of whom put tremendous effort into achieving this momentous milestone.  Damianos Sotheby’s International Realty is the first and only real estate agency in the Bahamas to have sold over $1 Billion worth of real estate in a calendar year.” – George Damianos, Chief Executive Officer, Damianos Sotheby’s International Realty.

About Damianos Sotheby’s International Realty

Damianos Sotheby’s International Realty has eight offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Harbour Island, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay, Albany, and Private Islands. Head office Windsor Park, Nassau. For additional information, please contact 242-322-2305 or info @SIRbahamas.com.

About Sotheby’s International Realty

The Sotheby’s International Realty network currently has approximately 24,000 affiliated independent sales associates located in over 1,000 offices in 75 countries and territories worldwide.  Each office is independently owned and operated.

September 27, 2022 by
Damianos Sotheby's International Realty

THE BAHAMAS HAS ENTERED PHASE 3 OF RE-OPENING THE ECONOMY

 

Prime Minister of The Bahamas, Dr. Hubert Minnis, announced that effective, Tuesday, June 2, the country will move into Phase 3 in the reopening of the economy.

 

Phase 3 focuses on beginning the new normal with the introduction of non-essential storefront business operations and relaxed social restrictions. In addition to this, real estate firms and agents can operate from Monday to Friday 9am – 5pm.

As previously stated by the Prime Minister of The Bahamas, movement into other phases is contingent on the advice of health officials and the stabilization of COVID-19. For more information please visit opm.gov.bs/phased-re-opening-plan/.
May 28, 2020 by
Damianos Sotheby's International Realty

Damianos Sotheby’s International Realty Offices Throughout The Bahamas Re-Open Monday, May 25

Open for Business. Starting Monday, May 25, the Damianos Sotheby’s International Realty team will be working from their offices throughout The Bahamas from 9 a.m. to 1 p.m. Monday through Friday.

NASSAU, The Bahamas (May 25, 2020) — Today’s re-opening of the Damianos Sotheby’s International Realty offices marks ten weeks since offices were closed due to COVID-19 quarantine mandates. In this span of time, staff members and agents have utilized their downtime for professional development, team building and to sharpen sales and marketing strategies.

“Our entire team has been working remotely non-stop, and in many ways, has been busier than ever,” said George Damianos, Chief Executive Officer for Damianos Sotheby’s International Realty. “Once the government announced we were going into quarantine indefinitely, we immediately pivoted and began working from our home offices, turning our focus to virtual and digital strategies and beefing up our marketing.”

In the past two months, the company’s leadership team met daily via Microsoft Teams to assess every aspect of business from accounting and marketing to administrative and operations. This laser-like focus on team development and sharpening of organizational standards and protocol saw immediate results.

Since March, the company’s sales and administrative teams have gathered on weekly calls to sharpen their professional skills via the Ninja Selling course; and, attended bi-weekly Sotheby’s International Realty® training webinars.

“One of the most significant differentiators as a real estate brand is this incredible network of Sotheby’s International Realty®  agents and marketing experts that we tapped into to gain invaluable insight into the best way forward post-COVID, and how to navigate the downturn of  business caused by the pandemic,” Damianos said.

Damianos added that critical details from these calls were then incorporated into compelling marketing and sales strategies in the form of email marketing campaigns, corporate communications, and a ramped-up social media presence.

From a back-office perspective, administration staff supported agents from home as they responded to international inquiries, prepared listing agreements, built brochures, fielded offers, and closed sales. The accounting department also worked remotely paying client and company invoices.

“I am utterly impressed with how we’ve come together as a team in this time of crisis,” Damianos said. “This quarantine has offered us the remarkable opportunity to connect more frequently and deeply as a team to exchange ideas and best practices. We are proud of the way our team has stepped up to support and encourage each other and build upon their already-impressive talents and skillsets.”

 

About Sotheby’s International Realty

The Sotheby’s International Realty network currently has approximately 22,000 affiliated independent sales associates located in over 1,000 offices in 72 countries and territories worldwide.  Each office is independently owned and operated.


About Damianos Sotheby’s International Realty

 Damianos Sotheby’s International Realty has 10 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Harbour Island, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay, Albany and Private Islands. Head office 75 Shirley Street, Nassau. For additional information, please contact 242-322-2305 or Info@SIRbahamas.com.

May 25, 2020 by
Damianos Sotheby's International Realty

Our Commitment To Our Communities Will Never Change

“Thankfully, due to the wise counsel of our public health team, the hard work of our essential workers, and the compliance of the majority of Bahamians, we have had a better health outcome than many countries during this crisis.” — The Most Honorable Dr. Hubert Minnis, Prime Minister

The Bahamas remains under a national shelter-in-place order through May 30, 2020.

As of now, The Bahamas government is looking at a possible opening date for commercial travel on or before July 1st. This date will be adjusted based on public health trends which are being monitored daily.

Current mandates and safety measures  include*:

 

TRAVEL RESTRICTIONS

Local resorts, airports and seaports are finalizing health and safety protocols necessary to provide for a re-opening.

  • Air Travel: All international airports and private airports are closed to passenger traffic.Commercial courier, cargo and emergency flights are allowed.
    • Repatriation Flights: Flights are scheduled on Thursday, May 21, and Saturday, May 23, from Fort Lauderdale to Nassau to return Bahamians home from abroad. A COVID-19 negative test certificate is required. Below is a list of all the criteria that must be met to travel:
      • Travelers must present one of the following:
        • Valid Bahamian passport or
        • A valid passport + a valid residency card or current work permit
      • Homeowners must provide a valid passport + proof of homeownership (utility bill, property tax statement, etc.)
      • All passengers must quarantine at home or in a government facility for 14 days as decided by Bahamas Immigration and the Bahamian Ministry of Health.
      • COVID-19 negative test certificate must be valid within 10 days of travel date.
      • Must be a PCR certificate from a valid lab.
      • Certificate must be provided a minimum of 48 hours before scheduled travel.
      • Original certificate must be presented at time of travel.
      • All passengers must wear a protective face mask that covers both nose and mouth.
    • Interisland Travel:
      • Travel is permitted between islands that have been re-opened to commercial activity. The Ministry of Health has developed a policy and protocol for the approval and monitoring of individuals traveling to these islands.
        • Islands Open for Commercial Activity: Cat Island, Long Island, Abaco, Andros, Mayaguana, Inagua, Crooked Island, Acklins, Long Cay, Rum Cay and Ragged Island.
        • Islands Closed: Bimini is under 24-hour lockdown through May 30th.
      • Phase one allows residents of approved Family Islands to return home if protocols are met. COVID-19 Travel Authorization Card issued by Ministry of Health must be presented.

 

Seaports: Seaports are closed; no inter-island sailing (except for freight); No visitors permitted to enter or disembark including transiting through The Bahamas.

HOTELS

Hotels can remain open; on-site restaurants are open for take-out/room service only. Hotel amenities such as casinos, spas and gyms are closed.

COMMUNITY  RESTRICTIONS

Nationwide Curfew

  • The Bahamas is under 24-hour curfew. Residents may leave their home for essential purposes 5 a.m.-9 p.m. Monday through Friday. Exercising outside for 1.5 hours is allowed during these hours. Exercise is also allowed from 5 a.m. – 8 a.m. Saturdays and Sundays.
  • Every Bahamian and resident going out in public should have a valid government issued ID (passport, NIB Card, driver’s license or voter’s card).
  • Ongoing Lockdowns: 9 p.m. Fridays to 5 a.m. Mondays every weekend through May 30, 2020.

Business Operations

  • Essential business (banks, pharmacies, doctor’s offices, grocery stores, landscaping and maintenance, sanitation, garbage pick-up, pool cleaning.) will operate with adjusted hours.
  • The following businesses can now open on assigned days of the week:
    • Auto Parts Stores: 8 a.m.-5 p.m. Tuesday.
    • Hardware and Home Stores: 8 a.m.-8 p.m. Monday, Wednesday and Friday
    • Plant Nurseries: 6 a.m.-Noon Monday and Thursday
    • Road Traffic Department: The Road Traffic Department is open with a newly implemented “drive-through” service; clients must remain in their vehicles for most of, if not all of, the process and must wear a mask while conducting business at the department.
  • During weekend lockdowns all services are prohibited except hospital & healthcare workers; police; utility companies; import/export trade; and, media.

Driving

Driving is not allowed on public or private roads. Exceptions are essential workers and driving for essential purposes (ie: driving to a pharmacy, grocery store, doctor).

Public Beaches & Parks: Closed.

Liquor Stores:  Open for curbside service and delivery.

Masks:

  • Wearing non-medical masks in public is mandatory.
  • Employers will face fines if their employees are not wearing a facial mask.
  • Store owners will also be fined if customers enter the establishment without a face covering.

 

Suspension of Government Fees

Licenses, permits and visa renewals: Temporarily waived.

Insurance premiums: Temporarily waived.

Investment approvals: Fast-tracked

International Business Companies Act: Fees temporarily waived.

*As of May 18, 2020; all information subject to change as updates occur.

May 18, 2020 by
Sotheby's International Realty

Sotheby’s International Realty Announces Affiliation with Expansión to Launch First-Ever Global Real Estate Portal in the Mexican Market

Sotheby’s International Realty is the exclusive launch sponsor of a new, multi-lingual real estate portal on one of Mexico’s leading business publications, Expansión. Sotheby’s International Realty is the first luxury real estate brand to showcase its listings to prospective homebuyers on the marketplace and the affiliation marks a first for the real estate industry in the Mexican market. 

“As the only truly international luxury real estate brand, our affiliation with Expansión and Grupo Expansión enables us to deliver even broader global exposure for each of the impressive listings represented by the Sotheby’s International Realty® network,” said Brad Nelson, chief marketing officer of Sotheby’s International Realty. “The affiliation with Expansión not only promotes our exciting properties to a luxury and business audience, it also builds on our history of encouraging technological advancement in the real estate industry in global markets.”

Expansión is a multi-platform business outlet covering finance, technology, arts and lifestyle with a reach of more than 15 million readers. The publication is a part of Grupo Expansión, a Mexican media group, that publishes eight print tiles and seven digital websites, reaching a combined total of more than 22 million readers. 

Sotheby’s International Realty will maintain exclusivity for the real estate portal for one year. Together with Grupo Expansión, the brand will drive traffic and promote the launch of the new real estate platform across the publishing group’s top titles including, Elle Decor, Quién, Expansión, Obras and Life and Style in both print and digital formats.

The Sotheby’s International Realty brand’s affiliation with Expansión not only expands the brand’s global reach, it reinforces the brand’s continued focus on technology and pioneering the real estate experience in international markets.

Sotheby’s International Realty has helped to launch global real estate portals in top-tier publications such as Bloomberg, Mansion Global, The Financial Times in Europe, NIKKEI in Asia, and more. 

To visit the Sotheby’s International Realty brand on the Expansión real estate portal, click here. To learn more about Sotheby’s International Realty, click here.

May 18, 2020 by