bushamy13
7/20/2010 08:21 EST
Many if not most people coming to Nicaragua want to open a B&B. Many come down thinking they can build houses and sell real estate. Due to lack of regulations it is easy for anyone to enter most any profession here. Realtors do not need licenses and there is no MLS, yet. As a result, there are or more accurately, there were many unscrupulous people selling and building homes, developments or just land. Many were honest but did not know what they were doing but that was to be expected since the cost of entry is close to zero. Being a poor country, a realtor could make very little yet live rather well.
This is not unusual in any developing country. Nicaragua is entering the second stage of development and now there are some professional people selling land and creating viable developments i.e. actually buidling something. I assume you have reviewed my website www.nicaragua-guide.com to get a feel of the real Nicaragua.
Many of the "fly by night" people have now left the country and good riddance. If you start a good business, provide good service and provide a viable product, you will do OK here. For example, we have many bars and restaurants in Granada but not many that provide good food and service at a fair price.
As a realtor here, you must not only sell the land and house but also help people make the transition to Nicaragua by helping them with the move, establish residency, introduce them to the community side, etc. etc. So the answer is yes, a good realtor can find work here and enjoy the new culture. We have a saying here that there are two kinds of people that move here, those that live on Nicaragua and those that live in Nicaragua. We need more of the latter. Only by helping Nicaragua and the people of Nicaragua will any business here be successful.
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