ost people contemplating selling or purchasing real estate, the question asked is: How much will I save?
For example: Sale/purchase on a J$20,000,000 home J$100,000 J$400,000 Q. How can I find out if a real estate salesperson or broker is licensed to practice? Contact the Real Estate Board at http://www.reb.gov.jm. Or call the REB at 876/920-2950. Q. What is the difference between a Realtor and Real Estate Agent? Although both are licensed to sell real estate, the basic difference between a real estate agent and a REALTOR is a REALTOR is a member of the Association of REALTORS. The Realtor makes it a point to keep up-to-date with changes and information in the market. As a member of the Realtor Association of Jamaica (RAJ), the Realtor is part of an association that supports and educates their members. Q. Can non-Jamaicans buy property in Jamaica? YES! There are no restrictions for overseas purchasers of properties in Jamaica. Additionally, there are no foreign exchange restrictions currently in Jamaica. Therefore, anyone can send money to Jamaica and from Jamaica, subject to the prevaili
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