Nassau, 29 Jan 2015 – Sixteen years after he first walked into Bahamas Realty as a nearly novice agent with two years’ experience abroad and more hope than history, Stuart Halbert still can’t believe his good fortune. He loves Mondays, thinks Fridays come too soon and as for the weekend, well, that’s for working, too.
It’s that attitude that has just made Halbert Bahamas Realty’s top producer in 2014 for the 7th time, a journey that has taken the industry through thick and thin and been peppered by sea changes in the economy and the profession.
“When the economy took a sudden and dramatic turn for the worst in 2008, Stuart went on, working hard, never giving up,” said Larry Roberts, chairman of the real estate company celebrating its 65th year. “But for several years, the returns did not match the energy he expended and what made everyone admire him so much is that he was always there, always ready to show a property, to co-broke a sale, to bring a positive approach. He put in the extra hours and is always highly motivated.”
That drive and motivation paid off again in 2014 for Halbert, who is among fewer than 5% worldwide to qualify as a Certified Residential Specialist. Halbert says much of the success is due to advent and growth of MLS, the Multiple Listing Service that permits all participating firms to share information on listings.
“The MLS has changed the way we do business, allowing us to expose our listed properties to a much wider market, accumulate more statistics, provide better information to prospective buyers or sellers, maintain more accurate appraisals, enjoy more co-brokes (sales shared by listing agent or firm and other participating BREA MLS agents),” said Halbert, a director of the Bahamas Real Estate Association for the past six years and a past treasurer.
While the MLS has boosted activity, Halbert suggests other measures he is convinced would substantially open up the industry and provide a flash charge to a housing ownership phenomenon with positive broad and sustained economic benefits.
The first, he believes, is banks releasing their hold on foreclosed properties and, instead, letting industry professionals take the lead. “People wanting to buy a home go to real estate agents, not to banks,” says Halbert, calling the hundreds of homes being held by local banks “the 500-pound elephant in the room.”
He also believes that an increase in inventory is needed, with a greater number of small scale developments.
“Given that more people are out looking (for homes) now than had been for several years and the name Bahamas is synonymous with a fabulous place to live, I am always surprised that there are not more developments underway,” said Halbert, claiming that older estates that are harder to maintain in today’s environment along the waterfront would make logical locations for small scale townhome or condo living.
“Barring any international financial crisis, we are on our way to a very good run,” says Halbert, who is still singing the praises of living in The Bahamas and working at a company he believes is highly charged and on the cutting edge. But then singing has always been Halbert’s style. Long before he walked into that office that still makes him glad to be alive and in The Bahamas, the Scottish-born winner was the composer, musician and entertainer who penned and sang such favourites as Goombay, Goombay Summer as a member of the Nassauvians and entertained at the historic King and Knights Club on West Bay Street.
“Sixteen years and still having fun, can’t ask for more than that,” says Halbert, a twinkle in his eye, a smile on his face and the newest trophy in his hand.
COVID Vaccine mandate expires Dec 31, TCIG stalled on ending it sooner
By Deandrea Hamilton & Dana Malcolm
#TurksandCaicos, September 30, 2022 – The Turks and Caicos does not seem primed to do away with its Covid-19 vaccine mandate for entry to the islands just yet, Magnetic Media learned from Jamell Robinson, Minister of Health and Human Services.
Robinson maintained that “As usual all remaining regulations are continuously under review. Current regulations expire December 31st.”
Despite them being under constant review, the Minister gave no indication that the Turks and Caicos Islands Government would accelerate any change to the rule.
The question though, is why? The Turks and Caicos Islands Government has continuously stated that it is following the science and the UKs lead when it comes to the country’s Covid-19 response. The UK dropped its vaccine mandate for entry back in March as the country was coming off of the Omicron wave and dozens of other countries have done so since.
In terms of the science, not only does vaccination not stop the virus from spreading to vulnerable islanders, the earliest vaccines and boosters have notoriously little efficacy against the circulating variants.
In addition, there is little evidence to suggest that allowing unvaccinated individuals within borders has a negative effect on that country’s Covid case count.
Not only are the islands missing out on a major chunk of their source markets who are unvaccinated, homeowners who are unvaccinated have not been able to return to or see their property investments since the mandate was adopted in September 2021.
Deputy Premier E Jay Sanders had explained that, “thanks to the country’s over performing tourism sector when the decision is made to pull back that requirement it will be done not out of pressure but with the TCI people in mind.”
It’s unclear what the reasoning behind keeping the mandate is when it now has been proven to provide so little protection.
Additionally, it was explained that multiple attempts by the Ministry of Health to secure avenues for unvaccinated homeowners in the Turks and Caicos to visit their properties have been rebuffed at the Cabinet level.
Robinson was addressing the continued COVID-19 vaccine requirement for travel to the TCI which blocks unvaccinated tourists and homeowners from entering the island.
“On several occasions, I have presented possible pathways for homeowners to be able to visit their properties outside of a full repeal of the vaccine entry mandate and each time there was not full support for it moving forward in Cabinet,” he said.
Magnetic Media has spoken to irate and broken-hearted homeowners who have not been able to visit their properties in a year despite spending hundreds of thousands of dollars in taxes and other fees to have a home on the islands.
The Health Ministry however says his team is now preparing a cabinet paper to weigh the pros and cons of continuing with the vaccine mandate. Robinson said that paper has not made the agenda as yet, taking a back seat to more pressing issues including the passing of Hurricane Fiona.
The paper should reach cabinet “soon” but this is not a guarantee that the measure will be dropped. Robinson also defended the TCIG’s current policy.
“Based on the numbers I have received from the (tourism) industry to date, being one of the few only remaining destinations with a vaccine mandate doesn’t seem to be hurting our projected occupancy rates for the months of December, January, and February across all segments of the Industry.”
The issue of why the vaccine mandate persists are heightened due to major announcements in recent days including, Joe Biden, US president declaring that the Coronavirus Pandemic “is over”; Canada moving to end its vaccine entry requirement on September 30 and The Bahamas calling off mandatory testing as of September 22 and rescinding the mask rule (for most public places) on October 1.
The mandatory vaccine measure came into effect in September 2021 prior to the widespread emergence of Omicron and lowered vaccine efficacy. It is also a mandatory requirement for guest workers in the Turks and Caicos Islands.
Turks and Caicos Islands Rebounding Quickly from Hurricane Fiona
#TurksandCaicos, September 30, 2022 – The Turks and Caicos Islands is working around the clock to quickly rebound from the effects of Hurricane Fiona, which hit the islands as a Category 3 storm on Tuesday, September 20th 2022. By 11:50PM EDT of the same day, the National Emergency Operations Center (NEOC) advised that hurricane warning for the Turks and Caicos Islands was discontinued and stated that the National All-Clear was given by the Department of Meteorology.
Preliminary assessments indicate that significant damage across the country was minimal. Major airport updates are as follows:
- The Providenciales International Airport re-opened on Wednesday, September 21st 2022 for all flight operations.
- The South Caicos Airport re-opened on Thursday, September 22nd 2022 for all flight operations
- The JAGS McCartney International Airport in Grand Turk re-opened on Thursday, September 22nd for emergency and medical flights
- Airport operations on North Caicos and Salt Cay remain closed until further notice
Carnival Cruise Line is currently working alongside the Turks and Caicos Islands Government to conduct preliminary assessments of the port facility at the Grand Turk Cruise Center. Once completed, all necessary measures will be taken to have the port operating as soon as possible.
Yesterday, during the briefing in the NEOC, the Acting Governor, Her Excellency Anya Williams advised that Public Service in Providenciales would re-open on Thursday, September 22nd 2022 – restoring normal service delivery.
“We thank God that the Turks and Caicos Islands was able to hold strong through Hurricane Fiona – with only minor damages and without any lives lost. The following day after receiving the National All-Clear from the NEOC, the hub to the Turks and Caicos Islands – the Providenciales International Airport – was re-opened and international flights arrived” stated Minister of Tourism, Hon. Josephine Connolly. “But while we were extremely fortunate, we acknowledge that some of our neighbouring countries were not and our thoughts and prayers are with them”, added Hon. Connolly.
“A day after Hurricane Fiona, we were already welcoming guests back to the home of the World’s Best Beach, Providenciales”, stated Acting Director of Tourism, Mary Lightbourne. “Resorts and hotels in Provo are fully operational, so we encourage guests to keep their travel plans to visit. And in the upcoming days, we will welcome visitors to our sister islands” added Lightbourne.
Turks & Caicos Coasts still ‘beautiful’ despite Hurricane Fiona
By Dana Malcolm
#TurksandCaicos, September 30, 2022 – Despite its strength Hurricane Fiona thankfully did no major damage to the TCIs coast according to Roddy McLeod, Reef Specialist at the Department of Environment and Coastal Resources.
He explained that the DECR has been working with DDME to assess community impacts. So far, no significant erosion has been observed around Providenciales but the seas and sea-beds were definitely disturbed.
McLeod said “Sediments remain in suspension. This will have impacted our reefs and will continue to impact our reefs until the seas settle. Sediments will likely settle on marine habitats and negatively impact them. Some sand bars have been moved so mariners should take extra care.”
Cleanup operations and restorations continue across the islands in the aftermath of Fiona, which hit the islands as a category three hurricane September 19-20.
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