Turks & Caicos Islands Real Estate Services

Regency International Estates, Exclusive Affiliates of Christies International Real Estate.

The Turks and Caicos Islands Preeminent Luxury Real Estate Brokerage.

What it is we offer our clients that puts them ahead of the market.

We wanted to provide you with a full overview of Regency International Estates, the Exclusive Affiliates of Christie's International Real Estate. 

Who we are, and what we can do for you, the seller of fine luxury properties in the Turks and Caicos Islands.It has always been our goal to provide information to both buyers and sellers solely based on their needs.

If you would like to achieve the best possible sale price in the shortest possible time, then please consider this to be time well spent.

(Please note: You will see text highlighted in blue, these are hyperlinks to additional, more in-depth information)

Robert Greenwood and Katherine Baryluk, owners and brokers of RIE/CIRE bring with them over 30 years of experience in the Turks and Caicos Islands with significant ties to the community, and more than 20 years of knowledge in all aspects of real estate, development and resort industries. This affords our clients an invaluable advantage through our extensive local knowledge, and the comfort of working with highly trained, professional brokers and agents dedicated to the real estate industry. 

The Turks and Caicos Islands Real Estate market is one primarily made up of "Luxury" second, third, even fourth vacation home properties, with a buyer demographic almost entirely foreign, from locations such as the United States, Canada, Europe and more recently, South & Central American countries.  This very niche market, with its small target audience requires an outreach that is global yet focused, not just hitting our buyers by location, but by targeting the High Net Worth Investor who is ready, willing and able. 

RIE/CIRE focuses on three district marketing sectors, starting with our "Off-Island international program", then our "On-Island and local marketing" , finally outreach focused on "coming to the Island", something we will explain momentarily.

In this day-and-age, few travel without booking their ticket or hotel online, or logging into TripAdvisor to get feedback on a specific resort, restaurant, or excursion, so its easy to understand that one needs a strong global footprint. This fact is further emphasized when looking at the real estate market, where a study from the National Association of Realtors (NAR) indicates that an overwhelming majority (87%) of recent home buyers in the US say they used the internet as an information resource during their home-buying process, and nearly one-third say they first learned about their newly purchased home from an online channel. 

This need for global or "off-island international" exposure is why we are so excited to offer our clients the relationship we have with Christie’s International Real Estate. An invitation-only network only offered to companies with proven records of success in high-value home sales, where its affiliates must also exhibit a commitment to the auction house’s two-century-old tradition of exceptional client service. By cultivating this unique balance of worldwide scope with a personal touch, Christie’s International Real Estate has become a global authority on the effective marketing of fine properties, providing insightful advisory support along with sensitivity and intelligence. Finely tuned marketing services and a commitment to the business philosophy established by Christie’s in 1766 define a brand based on trust, integrity, discretion, and excellence. 

Christie's global internet outreach outperforms the competition in numerous categories, including percentage of high-end properties online, and the depth and reach of our network. This is something that can be seen here in the COMPARATIVE SUMMARY, and the Q1 WEB STATS clearly showing that we offer one of the most powerful opportunities a buyer or seller could hope for. We invite you to explore every aspect of the Christies International Real Estate from Press Releases, News, Great Locations, Significant Sales, and our luxury Turks and Caicos Properties.

Whilst our affiliation with Christies International Real Estate focuses on properties over $1,000,000USD, Regency International Estates acknowledges that there are many luxury properties in the TCI that may not be within this upper price range, but are still significant properties. As such, we provide extensive marketing and services through the Regency International Estates brand, its cutting edge, interactive website that boasts impressive page rankings,  and global internet presence for the local TCI market and beyond. The listings are also exclusively featured on the Robb Report's website in their "Exceptional Properties" viewd by millions. 

Regency International Estates are members of the Turks and Caicos Real Estate Association or TCREA for short,  and as such Real Estate professionals. Our Online Multiple Listing System (MLS) consolidates all listed properties in one location, giving maximum exposure to Sellers and one-stop shopping for Buyers. As your TCREA agent we can represent you in the purchase of any listed property and all major condominium developments. As a fully licensed brokerage in the TCI, and members of TCREA our clients gain valuable access to the Multiple Listing Service (MLS), where all properties are presented to the island's brokerage firms and their working agents. This greatly increases the likelihood that a buyer will be found through the co-operative relationship this system offers. TCREA also runs the island's ONLY Public MLS website, where all brokerages, agents, and properties are displayed for the general public to search, gather information, schedule showings, and ultimately make offers to purchase. And as you will see from the article providing our most current Market Summary, it obviously works.

Whilst these three web portals are among our top online marketing avenues, we like to stay on the cutting edge of the web, and the power it offers in reaching the world. And therefore, employ such Social Media portals for viral opportunity as Facebook (predicting 1 Billion users late 2012), YouTube, Twitter, LinkedIn, Virtual Tours, Pintrest, Blogs, etc.

The world wide web is just that, and we need to capture as many buyers in this web as possible.

Print still remains an important and viable method of advertising. As with the Luxury Christie's Magazine, rich with striking photography, elegant design and engaging descriptions, Christie’s International Real Estate magazine is a publication that many of our traditional, less internet savvy clients prefer.  Printed four times a year, the magazine reaches approximately one million readers annually. A targeted mailing list 

ensures that each issue is sent to individuals of exceptional means, including the world’s wealthiest homeowners, international entrepreneurs, business leaders, and celebrities. Christie’s International Real Estate magazine isavailable at newsstands, fine bookstores, fashionable hotels, private airport lounges, and Affiliate offices across the world. It is also distributed at important Christie’s auctions in cities such as Hong Kong, New York,Dubai, London, Milan, Geneva, and Paris. 

Further publications include the very popular TCREA Magazine, published twice per year with a large "on-island" distribution to a very captive and targeted audience. Again, much like the online MLS, the magazine consolidates all listed properties in one location, giving maximum exposure to Sellers and one-stop shopping for Buyers. Ultimately getting into the hands of almost every potential buyer that visits the Turks and Caicos. Electronic versions are available for each publication.

"Coming to the Island" marketing is an opportunity to take a very different approach by creating articles that educate and inform the reader on certain aspects of the real estate market, investments opportunities, or lifestyle. Indirectly creating a relationship between the reader and the author, or buyer and brokerage. There are several publications that are provided to commercial flights arriving in the TCI daily and explore these opportunities on a seasonal case-by-case basis. We also include the many Private jets that find a hime in the TCI, recently being published in the dedicated on-board flight publication for our associates at Chartright.

We also provide very detailed marketing items such as Property Specific Brochures and Post Cards that are available locally, at our offices and in your property. These marketing tools alert the many potential buyers who may be vacationing to the fact that it is for sale and who to contact.  In depth e- brochures are also available. 

*Please note that we provide all print materials electronically for convenience to our clients abroad. 

Its extremely important to have a strong personal presence and so have located three satellite offices at the Regent Palms, The Shore Club and The Sands, providing brand recognition through our trusted and 

prestigious name. This also allows us convenient locations to meet with prospective buyers and sellers where we can share with them the many benefits of the island and our properties. Most buyers are looking for aresource that can share with them more than just facts and figures, and with over 30 years in the TCI, and hundreds of millions of dollars in real estate transactions, we are able to provide our clients with a wealth of knowledge dating back to the islands very first development, through a deep understanding of every development since. We have found that our thorough and deep understanding of how the Turks and Caicos Islands work through our 3 decades in the TCI, provides great comfort to our buyers and trust from our sellers.

As a part of our knowledge base, we keep our clients up to date with applicable sales data through the creation of our MARKET REPORT. We apply considerable time and resources to analyzing and tracking sales statistics, converting this raw data into a format thats easily understood, then provided our buyers and sellers through our blog.

We extend an invitation to any property owner who is considering selling a property to contact us for a private cosultation.

Real Estate Sales for the First Quarter of 2012 Enjoyed a Significant Increase.

The number of properties sold in the Turks and Caicos increased by over 80 percent in the first quarter of 2012 over the same period in 2011.

This is according to a Market Analysis recently completed by Regency International Estates - The Exclusive Affiliates of Christies International Real Estate,  and figures from the Turks and Caicos Real Estate Association (TCREA). 

As can be seen from this market report, around $50 million of real estate has been sold in the first three months of 2012, almost three time that of the same period for 2011. Whilst significant by itself, the TCI has also seen the average sale price almost double for the same period.

We have also seen a significant increase in high value sales, with individual properties being acquired in the $6 million to $12.5 million range. Whilst many of these high value sales represent the private condo and villa sectors,  we have now seen tourist related development properties change hands.  This is extremely significant as this may result in new hotel projects for the Turks and caicos Islands,  possibly as soon as 2013.

MARKET SNAPSHOT

FULL STATISTICS CAN BE FOUND IN OUR NEW BLOG "TURKS AND CAICOS ISLANDS MARKET REPORT" 

The Real Estate market in the Turks and Caicos is like no other… so many factors contribute to the “Value” of our islands real estate, most of which are well outside of what many would ever consider when buying a property in their own hometown. In the beginning they are continually banging away on their calculators in a futile effort to compare a property they may have seen in the Bahamas, Florida, or even worse, back home.

Quality of life is not measured by the “Price per square foot” formula it doesn’t exactly translate to “value per square foot”.

On every showing, with every client, I share the same statement, and do the same exact thing. If you can imagine standing on a beautiful balcony, I direct their gaze through the palm trees and out onto the powder soft white sandy beach, and turquoise waters beyond the infinity pools and say:

“You know, you can buy four walls, marble tiled floors, and cascading bathroom fixtures anywhere in the world, but that,” (pointing to the ocean) “that you can’t get just buy anywhere”. 

This one-statement helps them put into perspective exactly what it is they are doing. It’s not just a new property they are looking at, but also a new lifestyle. 

However, that’s just scratching the surface. The Turks and Caicos Islands offer so much more than just a great new lifestyle; it offers an investment opportunity that is felt to be unrivalled throughout most of the Caribbean. 

With an attractive Tax Haven Status with no annual property, income, inheritance and capital gains tax, stable government, no restrictions on foreign ownership and property ownership guaranteed by the British Crown, the islands instil a level of confidence rarely found in the Caribbean.

When you roll all of this in with the TCI’s convenient and great location - just a 90 minute flight from the US mainland, a mere 3.5 hour direct flight from Canada, and the fact that it is English Speaking, with U.S. Dollar as the local currency and has a very low crime rate, these islands offer a treasure trove of benefits that add value to every property in the Turks and Caicos Islands. 

This level of understanding takes time, and is usually something we can pass onto to our clients within a reasonable showing period of a day or two. It’s at this point that they put away their calculators and see the big picture. The myriad of benefits briefly we briefly touched on is the true value of the property you will inevitably buy in the beautiful Turks and Caicos Islands.