'Meet the Agent' - Angie Lodge from Coldwell Banker Bermuda Realty
This month for ‘Meet the Agent’ we interview Angie Lodge, Sales Associate at Coldwell Banker Bermuda Realty. Angie started in the Real Estate business over 20 years ago and discusses where she is seeing market activity currently, some top tips for homeowners preparing their property for sale and also why she enjoys working with the Coldwell Banker Bermuda Realty team.
How long have you been in the business? I originally started with LPG, now Coldwell Banker, so over 20 years.
Why do you like working for Coldwell Banker and your favourite part of your job? We have an awesome sales manager and team. Also working in an environment where I can pick up the phone and ask the rentals, appraisals or land surveying department a question or query benefits not only me as an agent but also my customers. I love what I do, so this is not like work but rather an extension of my life.
What area of the market is most active? There are 3 areas that I see are active…in no particular order. 1. The $2 - $2.6M market is very active with Bermudians, PRCs and Belongers. 2. If priced correctly properties are moving rather quickly some with multiple offers depending on the segment of the market. 3. We are also seeing an increase in the number of persons looking to downsizes.
Property that has good value on the current market? Manor House, $610,000 great value, turnkey no work involved, just drop your bags and move in. This development comprises of two pools, tennis courts and stunning manicured gardens. This renovated manor house offers great rental return and looking into the future a great retirement option. One has to be cognizant that our ageing population is only growing, so getting a foot in the door now will reap major dividends later on in life. Additionally, this unit is one level with easy access via a couple steps only or it could simply be altered with a ramp.
How has 2018 favoured, with only 3 months left and what is in store for 2019? The year 2018 has been prosperous in different segments of the market as we have seen Bermudians still active in purchasing homes between $500,000 and $2.5 million. However, we have noticed that international purchasers are being more diligent and not purchasing as quickly as we have seen in previous years. 2019 will see the same if not better, more activity in rentals with the fintech companies, which may equate to more sales and investment opportunities for Bermudians.
Tips for purchasing when looking for a potential new home? Still location, location, location, it is always wise to buy in the best location as your investment will hold its value better throughout the years.
Finally do you have good tips for sellers when preparing their home for sale? Staging it: declutter closets, landscaping, painting, cupboards organized, remove personal items. Another lovely touch is leaving a bottle of cold flavoured water for potential purchasers and another brilliant feature is when owners leave a personal list of all the upgrades to the home. This gives the house an identity and tells prospective purchasers that their potential new home has been taken care of. First impressions are so important so take the time to prepare the house for sale and remember to price it according to the market and not what your wish list dictates. In short every home has a buyer, its finding the glass slipper.
To contact Angie you can call or e-mail on: