Sellers Guide

How to Sell Your Property in Barbados    

Are you looking to sell your property in Barbados? If yes, you will be pleased to know that the Barbados real estate market is quite active at the moment. We're receiving lots of inquiries from both locals and foreign buyers, with a few successful closings. This blog post serves to assist you through the sale process, from hiring the right real estate agent to closing the deal.


For properties to be sold in Barbados, the title, ownership, rights, and interests are transferred from the seller to the new owner via a Deed of Conveyance. Without this document, there is no sale. The transfer must be facilitated by two Barbados attorneys, one representing the seller and the other representing the buyer.

Other documents to carry out the sale include:

· Recent Land Tax Bill

· Plot Plan

· Updated Utility Bills    


Hiring the right listing broker could make the selling process run smoothly for you, closing the deal in no time. If you make the wrong choice with your agent, it may cause a significant delay, where your property stays quiet on the market for too long and becomes ‘stale’. Make adequate research to ensure that the agent has the qualifications and marketing power that you need for your property. Can they help you reach out to your target audience to get the best possible offer?

It is best to consider an agent that has an impressive online presence. Look out for a real estate company with a website, which should be easy to use and up-to-date. A listing broker with a massive social media following will go a long way in reaching a multitude of potential buyer. Also, your agent can make use of multi-listing websites to generate more traffic to your property listing. If your property has an appeal to the foreign market, choose a real estate company that has an international reach. Enquire whether overseas ads are being run by the agent. Make extensive research on your agent or brokerage company before hiring them. Sale signs and banners are just as important as online marketing because not everyone is internet savvy.

It is best to hire an agent who is a member of The Barbados Estate Agents and Valuers Association (BEAVA). BEAVA gives you a marketing edge because your property would be accessible by other real estate agents in the association. With over one hundred and twenty members, your property would have a high chance of getting sold fast.  

Real estate agents' commission fee for selling property in Barbados is 5% plus VAT, this fee is subject to VAT if the agent is VAT registered.

We, at Global Estate Agency have been in the real estate brokerage business for over 15 years. Our clientele includes both local and foreign buyers who purchase properties in Barbados. From our modern and user-friendly website to our impressive social media following. We also have international reach via our marketing mediums in Europe, Canada, the USA, and more. Our brokerage is led by Junior Sparks, who appeared on not one, but two episodes of HGTV's popular top tv show, House Hunters International!  


Now that you've hired an agent, you need to book a listing appointment so that the agent could tour the property. This appointment is when you provide your agent with all the marketing details. You could go over the listing agreement while the agent takes notes, photographs, and videos of the property.

Once you agree with the terms in the contract. It's usually either an exclusive or non-exclusive listing agreement. An exclusive listing agreement is where you would list your property with one agent, and external agents will still have access to the listing, but all showings and negotiations must happen via your agent. The seller agrees to pay a commission to the agent once the property is sold. The non-exclusive listing agreement is where you could list your property with as many agents as you like. The latter option doesn't guarantee that your property would get sold faster. It means more work for you to keep track of all the agents' marketing, making sure that there is no misinformation about the marketing details.


The dream is to get multiple offers or one solid offer that isn't below the list price. Your agent is in charge of confirming the means of payment. It could be all cash or through a lender, and if it's the latter, the buyer must be pre-qualified with a lender before submitting any offers.

After your agent has confirmed the above, the buyer has to complete a document called an Offer and Acceptance Form. This form entails the buyer's details, offer amount, source of funds, photo ID, etc. When this form is completed by the buyer, your agent will then send you the same copy to complete.


After the Offer and Acceptance Form is executed, your broker goes ahead to prepare and send out the attorneys’ instructions to the attorneys who are representing the buyer and seller. The attorneys’ instructions is a document called a Memorandum of Sale. This document entails the confirmation of the agreed sale price for the property, the address, the buyer's and seller's details with the attorneys' details representing each party. Now, the attorneys embark on the legal process execution of the transaction. Usually, it takes between three to six months to close a sale transaction, provided that there are no unforeseen complications. Asides from the commission fee, there are additional expenses to paying your real estate agent, including 1% stamp duty, 2.5% transfer tax, land surveyor fee, and attorneys fee. Each lawyer will provide the parties with a quote before embarking on the transaction.    

As of May 2021, the VAT rate is set at 17.5%.    

List your property with us for sale today via our Add Your Property page. Contact our office today at 246-426-9469 or send us a message via our Contact page above.    

Looking to rent your property instead? Here is our Landlords Guide

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 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.

Client Reviews

Thank you so much to Junior, Kaleb and Giselle for helping my family transition in this chapter of our lives. Everyone w... read more

Truly Remarkable Team
Junior and his team, Kaleb and Giselle, combined in a helpful, professional manner to guide my husband and I, through th... read more

A Truly Professional Team
We are very impressed with the professionalism of Junior, Giselle, and Kaleb, they each supported us in various stages o... read more

Great Experience
Living overseas, we needed a knowledgeable and trustworthy realtor to help my father sell his long-time home in St. Mich... read more

Mervyn B
Kaleb is a pleasant professional who makes processes easy that some others in this sector can make unnecessarily difficu... read more

The process of moving is not an easy experience, but it's made a whole lot better when you've got an agent that's kind, ... read more

Brandon & Jehmilah; THANKS KALEB!!!
Working with Kaleb (who also answers to the name Kyle **inside joke) made this house selection/acquisition a breeze. His... read more

Sherri B
Doing anything for the first time can be a bit nerve wracking but trusting Kaleb to find me a my first home to rent was ... read more

S. T.
I worked with Giselle for 8 months and during this time she made the deal so comfortable, easy and understanding, she tr... read more

Antoine Catlin
Kaleb worked very hard to find a place for me that I would be happy in and I am so grateful for that . I wouldn't have f... read more

After seeing an ad online for a new apartment, we immediately contacted Kaleb & team to arrange a viewing. All commu... read more

Sam & Jenelle
Junior Sparks came highly recommended by a good friend of mine. He and his team were extremely professional in their app... read more

Monique J
Moving to Barbados from Germany, Junior and his team made my search and my move a smooth process. When having online vis... read more

Pietrick V.
My sister watched an episode of House Hunters International featuring Junior Sparks. My property had been listed with an... read more

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

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

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

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

Paul Bailey
It was an honor to have worked with this professional team at Global Estate Agency Inc. I had listed my property for tw... read more

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

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

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

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

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

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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

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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
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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

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

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

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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

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

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

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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

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

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

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Professional, enthusiastic, achieves results... read more

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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

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

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

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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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