'Meet the Agent' - Daniel Woods from Kitson Real Estate
This month for 'Meet the Agent' we interview Daniel Woods, a sales and rental associate at Kitson Real Estate. Daniel discusses his recent Bachelors degree in Real Estate Management, why he enjoys working with Kitson Real Estate and some top tips for purchasers who are looking for a new home.
How long have you been in the business? I received my agent’s license in February of 2016, Kitson then offered me an opportunity to further my studies within this industry with a focus on valuation services within Corporate Real Estate. I subsequently did a three year BSc Hons in Real Estate Management degree later that year at Kingston University in London. While on breaks from my studies I was able to mentor our Real Estate Manager, Jane Burt on several projects which exposed me to so many areas of Real Estate in Bermuda. The in-field experience combined with the education received has offered me the opportunity to qualify for my Royal Institute of Chartered Surveyors (RICS) designation.
Why do you like working for Kitson Real Estate and what’s the favourite part of your job? What I love about working at Kitson Real Estate is the ‘hands on’ experiences I deal with on a daily basis. The broad range of challenges that arise make the team we have that much more valuable as there is always someone to help if issues come up. This personally allows me to diversify my knowledge, critically apply skills learned overseas and then create comprehensive solutions for our valued clients. My favourite part of the job is genuinely meeting new people and listening to them explain their vision for their real estate needs. I also enjoy when I don’t know the answer to a question as it gives me some homework.
Where are you seeing activity in the market at the moment? I’ve noticed that the market is still very inviting for first home buyers. Due to some of the government initiatives which have set in place. Another area gaining strong interest is multi-dwelling units for those looking into real estate investments. Currently, there is great value for money on the market for those with the means to do refurbishments.
What property on the market right now, in your opinion, do you think is really good value? I would have to say #2 St. Patrick’s Road, Smiths. That property stands out as it ticks quite a few boxes for me personally when assessing properties on basis of potential, value, location & price. This gem offers renovations and/or which could be done in stages as it has large acreage, great location and neighbourhood & perfect price point.
How do you see the Bermuda property market in 2019? Being optimistic, I see a continued trend in luxury market sales and executive rentals similar to 2018. In addition to that, there are definitely motivated buyers on island as people would like to own their ‘piece of the rock’. I anticipate positive activity as we head towards the end of 2019.
What are your top 3 tips for purchasers when looking for a potential new home? Big fan of the question as it is a regular talking point when people find out I work in the real estate industry.
#1) For starters, I ask that they find an agent who they trustworthy and knowledgeable agent that they feel comfortable with. They will be acting as your point person so it is vital that they have a clear understanding of what exactly you are looking for.
#2) Second tip is to visit the bank and get a realistic idea of what budget you have available to you. Pre-approval allows you to save time when it matters, while also allowing you to confidently make an offer when you find your perfect home.
#3) Create a list of necessary requirements that you must have and a separate list of preferences that you want. Even having a list of properties which you like and why you like them act as a great gauge for an agent when trying to find suitable options. This strategy will also help you assess what exactly you need at this point in time while shedding light into the big picture.
Finally – do you have any good tips for sellers when preparing their home for sale? Take the advise of the trustworthy realtor or valuation expert when pricing your property. It really is the most important factor when selling your home. Also, attempt to make the house look as neutral as possible. Your interior design or colour palette is not the same as everyone else. You want prospective buyers to essentially envision themselves in this home as they do a walk through.
To contact Daniel - e-mail: Daniel@kitson.bm
or call: 295-2525 or 331-8741