LX Bahamas Luxury Realty Group has joined Berkshire Hathaway HomeServices’ global brokerage network and will operate as Berkshire Hathaway HomeServices Bahamas Real Estate. The company will add one office and 19 agents and will service the islands of New Providence, Paradise Island, Eleuthera and Exuma.
“We have assembled an elite team of experienced, top tier real estate agents and support staff to ensure unparalleled service and world-class results that represent the Berkshire Hathaway HomeServices brand,” said Jim Bernard, president of Berkshire Hathaway HomeServices Bahamas Real Estate. “It’s an honor to be a part of such a great network and we are excited about what the future holds as we take our brokerage to the next level.”
The Bahamas real estate market has seen a massive surge in sales so far, this year, the firm reported. Nearly $400 million worth of property was sold or went under contract in the first quarter of 2021 and transactions nearly doubled compared to pre-COVID-19 activities. The current surge partially is due to the already high demand to buy real estate on the island before the pandemic hit.
“Berkshire Hathaway HomeServices Bahamas Real Estate is an important addition to our network,” Gino Blefari, chairman of Berkshire Hathaway HomeServices, welcomed the company to the network. “We are looking forward to assisting them on their mission of expanding throughout all the major islands in the Bahamas.”