junior-sparks-speaks-rbc-mortgage.JPG Junior Sparks Speaks at RBC Royal Bank Mortgage Seminar in Barbados

Junior Sparks, one of Barbados’ top real estate agents was recently invited to speak at the RBC Royal Bank Mortgage Seminar. RBC Royal Bank chose Junior based on both his outstanding reputation as a real estate agent in Barbados, and because of his incredible knowledge of the real estate industry on the island. 

In his speech, Junior explained a number of key real estate concepts for a very focused audience. The first topic that Junior discussed was the Barbados Estate Agents and Valuers Association. Junior informed the seminar participants that this association has an abundance of key Barbados real estate information, including lists of qualified real estate agents and valuers. He let the audience know that they can find real estate professionals in Barbados through the website for this organization, Beavainc.com, including himself. People using Global Estate Agency website can enter their property search information on the site via the I Am Looking For Service and receive automatic notifications about properties that come up that match their preferences.

The next topic that Junior discussed was finder’s fees. Junior let the audience know that some real estate agents in Barbados charge finder’s fees for finding properties for buyers. Junior also told the audience that his company, Global Estate Agency does not charge finder’s fees because they are paid by the sellers. This is critical for buyers of Barbados real estate to know because finder’s fees can be thousands of dollars.

Junior also informed the audience that if they should also let their real estate agent know whether or not they have kids, how many commercial vehicles and/or rental vehicles they have, whether or not they have pets, etc. This is because there are some neighbourhoods have strict covenants. Covenants are essentially restrictions that are imposed on specific neighborhoods, communities, and developments. In order to find the right property, it is necessary to know if the covenants can be met.

After covering this topic, Junior went on to discuss this critical importance of having test holes done on any land that buyers are considering buying. This is because not all land on the island is capable of supporting a foundation for a home. So, people who buy land hoping to build a home can be in for a rude awakening if they discover after the land purchase that the land cannot support a foundation.

Next, Junior discussed the importance of getting an inspection done for the property you have decided to purchase. He explained that even if a property is turnkey, buyers still need to have an inspection done of the house because there could be extensive hidden damage. He informed the audience that this happened to one of his clients and it is a highly undesirable situation.

Finally, Junior let the audience know that if the property does not need any repairs whatsoever, then the buyer will most likely have to pay full list price because there will most likely be a buyer out there who is willing to pay full list price. He also let the audience know that they will also have to fill out an offer and acceptance form for any confirmed offers. This form would include name, address, confirmed price, and several other details, some requested by the Barbados Financial Intelligence Unit (FIU).

Junior’s expertise in the Barbados real estate market was tremendously valued by the seminar participants. It was an honour for them to have Junior speak at the conference. After Junior was done speaking, he took questions from the crowd. Following his speech and the Q and A session, all who attended were much more informed about the key policies and information that they needed to know to operate in the Barbados real estate market via a real estate agent.

Author: Admin
Tags: Real Estate Guides
Published Date: 2020-Mar-23

Who We Are

About Global Estate Agency

If home is indeed where the heart is, then Global Estate Agency has been the brokerage pulse of the Barbados luxury real estate market since 2003.

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Why Choose Us

Global Estate Agency's Junior Sparks is the 2018 Agent of the Year | First-ever recipient of The George Ramsay Memorial Award via the Barbados Estate Agents and Valuers Association. 

Global Estate Agency's Junior Sparks makes international TV debut in the popular US reality television series, HGTV House Hunters International. Season 151, Episode 3 - Seaside Villa vs Crash Pad in Barbados. 

Global Estate Agency's Junior Sparks appears on the popular US reality television series, HGTV House Hunters International for the second time. Season 157, Episode 6 - Excess Baggage in Barbados.   

Global Estate Agency has a stronghold on market tendencies, a well-established business model, and a long list of satisfied clients.

Strong marketing mediums to get your property in front of prospects that reside in Europe, USA, Canada, China and more.

Representing sellers, buyers, landlords and renters since 2003. Real estate brokerage is simply our passion!

Over 30,000 people connected to Global Estate Agency's social media accounts, including Instagram, Facebook, TikTok, Twitter, LinkedIn and more.

Our sister company BarbadosExpatHomes.com focus on only the best rental properties for expats moving to Barbados and already living on island.

New website division launched for sought after properties for sale and rent, marketed exclusively by Barbados real estate mogul Junior Sparks. When you list your property with us exclusively, you get additional international marketing, aerial photography and website client login for 24/7 updates.

Over 300 Barbados property listings in our database and also we have access to over 100 external real estate agents' listings.

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Pietrick V.
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I had a great experience with Kaleb Gibbs, Real Estate Agent with Global Estate Agency. Me and my husband recently used ... read more

Headley
A phenomenal team to say the very least. We worked with Global Estate Agency in the past and this time wasn’t any differ... read more

Nicole
Wow, wow and wow. I would certainly like to say a huge thank you to Junior Sparks and Giselle at Global Estate Agency. T... read more

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Having just purchased through Global Estate Agency, it was nice to deal with a very professional and friendly company! ... read more

Paul Bailey
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MTH
Dear Junior at Global Estate Agency Inc. Thank you and Raquel for the fantastic work you have done for me and for every... read more

Frederick A Walcott
From inception Junior made the process so easy. He came highly recommended and working with him has been a pleasure. He ... read more

Deirdre A.
Junior is an amazing individual, and it was absolutely a joy working with him. At the very inception our conversation wa... read more

Margaret I.
Junior from Global Estate Agency is extremely professional and reliable with a sound knowledge of the real estate market... read more

Angela Reifer
I had a great experience dealing with Junior and team. Very professional and responsive, he even gave me a virtual live... read more

Patric
Junior and his team are fantastic. Junior helped us rent our house out a few years ago with a lovely family who were ve... read more

Sandra
Junior was extremely professional and took the time to understand exactly what our f... read more

Mark F
After navigating my way through much turbulence in the world of real estate agents, I stumbled upon Junior and Global Es... read more

Michele
Junior is an absolute gem in the real estate business. He is professional, reliable and delivers results quickly. I had ... read more

Pamela
It has been my pleasure to conduct business with Junior over the past 10 years or so. His professionalism and integrity... read more

Anita Hinds
Junior is a true professional! He understands his clients’ needs and ensures he delivers. I have used Junior for my prop... read more

Karen W
Junior was an absolute pleasure to work with. In no time at all he found great tenants for us. He took the stress out of... read more

Gregg and Nicole

What can i say, y... read more

Chelston B.


As a UK resident with a rented property. I was introduced to Junior, this was back in February 2008. I received total ou... read more

Anita & Joyce
After contacting a few real estate agents with no success, Junior was recommended by a friend. Not being available to m... read more

Heather Blades
I have used Global Estate Agency as my "go to" for my rental property now for nearly 15 years. The team is pro... read more

A.L. Davis
My experience with Junior can only be described as seamless. He was very approachable and was wealth of knowledge. His f... read more

Brian Payne
Junior and his team were fantastic to work with and we couldn't be happier with our new home. Thank you Junior!!... read more

Scott M
If we had to use one word to describe our experience with Junior, it would be PHENOMENAL. We are currently living overse... read more

Terri-Anne and Shane
When my wife and I decided we were going to relocate to Barbados with our family we knew that we would need someone that... read more

Alexei & Ria
Junior can be described in one word....AMAZING! I have had the immense good fortune to know this exceptional human being... read more

Cheryll-Ann W

Junior is professional and results oriented. His personality makes him appr... read more

Winifred H.


I relocated to Barbados in early 2020. Junior was referred to me by a good friend who said of my need for a real estate ... read more

SOG
From the time I decided to look for a new home, Junior's website was my first go-to-destination. I was not disappointed.... read more

Alicia N.
Very easy to find the appropriate house and close the deal with Junior involved. He is always open and happy to help his... read more

Francisco Velez
What Junior doesn’t know about Real estate you could write on the back of a stamp .He is a wealth of knowledge , and I b... read more

Tracy
If there ever was a person who has genuine passion for what they do it's Junior. I have known Junior for years and when ... read more

Edwyn W
I have been lucky to have Junior's real estate assistance for over a decade. He has found for me several rental properti... read more

Claudio M
Global Finding a tenant in this COVID-19 period through Global Estate Agency was the key success factor for me, being... read more

Tony J
Junior has diverse knowledge of the Real Estate climate in Barbados. His professional approach to property consultatio... read more

Sonia Ishmael
Professional, enthusiastic, achieves results... read more

Marlene Johnson
I would recommend anyone looking for a house in Barbados to use Junior.... Always on the end of the phone and always a... read more

Andrew Newman
Junior was a true professional to work with, answering all queries promptly and co-ordinating everything in a timely a... read more

Robin Belle
Thanks to Mr. Sparks, my relocation to Barbados was made easy!

He is a true professional who takes the t... read more

Wenise Davis
Having lived and worked throughout the English-speaking Caribbean, I ended up spending alot of time with real estate a... read more

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