'Meet the Agent' - Natalie Angeli from Coldwell Banker Bermuda Realty
This month for ‘Meet the Agent’ we interview Natalie Angeli, a Sales and Rental agent at Coldwell Banker Bermuda Realty. Natalie recently joined Coldwell Banker Bermuda Realty and discusses what she is enjoying about her new role, where there is a lot of activity in the market right now and also some excellent top tips, for both buyers and sellers, in the current market.
How long have you been in the business? Not long! I got my Real Estate license in October of last year, but on the consumer side, I have been active in buying and selling and as a landlord for many years.
Why do you like working for Coldwell Banker Bermuda Realty and what’s the favorite part of your job? Firstly, being new to the business, it has been fantastic to feel so supported and to have members of the team take time to offer me the benefit of their experience and insight. I also really like that Coldwell Banker are offering something unique to the market. The Seller Services Guarantee is very client centric and gives both the agent and seller a great framework to market properties.
My favourite part of the job so far has been getting out and meeting people, especially after the last few years.
Where are you seeing activity in the market at the moment? There is good activity across the board, and properties in all categories that are realistically priced are selling quickly. Rentals are definitely very active, especially single family homes. Demand far outstrips current inventory so if anyone is thinking of downsizing and renting out their larger home, let’s talk!
What is your favorite property on the market right now? Waterfront or a water view is always my favourite, it’s really tough to narrow it down, but I enjoy being in the west end of the Island so for me it would be Embargo on South Road in Southampton. The lot is a huge 1.69 acres with stunning views over South Shore priced at $2,500,000. It’s an older three bedroom, two bathroom home with a lot of character and some beautiful cedar features but with lots of potential to become a dream home location.
What property on the market right now, in your opinion, do you think is really good value? Staying in the west end, there is a lovely condo unit at Landmark. It has been very tastefully renovated and is move in ready. This particular unit is ground floor with gorgeous unobstructed views, two bedrooms, two full bathrooms and an open plan kitchen/dining/living room opening onto a patio where you can whale watch with your morning coffee, listed at $675,000. In addition to the property itself, residents of this development also have private access to a pool, tennis courts, beach and clubhouse with additional rooms for overflow guests. It’s a lot of lifestyle for the price.
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How do you see the Bermuda property market over the next 12 months? Based on the data from the last two years, we feel that current trends will continue into 2022. That data shows that Bermuda is enjoying an increase in the number of properties sold and that the total dollar value of sales is rising too. 2021 saw the market rising above pre-pandemic levels, which gives hope for a feeling of recovery.
What are your top 3 tips for purchasers when looking for a potential new home?
1) Have your finances in order. Obtaining pre-approval and having a clear idea of all of the costs involved in purchasing a home is key. Knowing what funds you will need to have for closing costs and deposits helps immensely and makes sure that there are no ‘surprises’ that stand in the way of your purchase.
2) Have some flexibility and realise that you may have to compromise on certain things. It is a very lucky person who finds a home that ticks every box on their wish list. Consider other areas, that you may not have previously. For example, if you would like to be a certain distance from Hamilton because of your commute, think about east and west, limiting yourself to certain parishes narrows your choices.
3) Spend some time really looking at the market and comparable properties so that when you do make that offer, it’s a sensible one for both you and the vendor.
Finally – do you have any good tips for sellers when preparing their home for sale?
1) Similarly to buying, having everything in order prior to listing means that once your property hits the market, a sale transaction will be smoother. Having your property staked and preparing a lot plan is vital. Also think about things like occupancy permits if you have made any additions or changes which required sign off from the Department of Planning. It is not uncommon for all of the paperwork to not be finalised and this would prevent you from completing a sale.
2) Space and storage is high on a lot of wish lists, removing clutter and organising closets gives that feeling of space. If your closets are stuffed full and over flowing, it gives potential buyers the impression that they are not going to be big enough for them either. Also removing some non essential furniture items can make a room look larger.
3) Consider repainting colourful walls. While you may love splashes of colour and bright paintwork, not everyone feels the same way. A neutral colour scheme will allow buyers to more easily visualise themselves with their own furniture in the space, more of a blank canvas so to speak.
To contact Natalie you can e-mail: firstname.lastname@example.org
or telephone: (441) 534 1367