How Does Real Estate Operate in The Cayman Islands?



Cayman Islands Real Estate AgentToday I just want to take the time to explain a little bit more about the real estate association here in the Cayman Islands. It is called CIREBA, which stands for Cayman Islands Real Estate Brokers Association. It was founded over 30 years ago, and is comprised of 31 different agencies and 179 different agents.

We are a very well managed and monitored association that has very strict rules and regulations. We have a board of directors, elected annually, that monitor and manage all of the different agents in these fair isles.

CIREBA offers us agents many things, training for example, but the most important thing they provide us with is a multiple listing system, or MLS; something that investors from Europe may not understand if they haven't purchased a home on this side of the world. The MLS is a database that houses all the information on every listing that goes on the market in The Cayman Islands. The important thing to remember is that for access to our MLS, you just need 1 agent. 1 agent has access to ALL the listings, and makes life a great deal easier for you as a property investor.

If you have any particular questions, or would like further clarification about anything to do with the Cayman Islands property market, feel free to give me a call or send me an email. I am looking forward to hearing from you soon!

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