What is CIREBA?
CIREBA stands for Cayman Islands Real Estate Board Association.
MLS stands for Multi Listing Services, and it is a central data source where all members of CIREBA have access to. The basic principle of the MLS is that all CIREBA brokerages have agreed to work together and share their property listings so as to procure a sales transaction. This means you can view any property by only using one Real Estate agent that you feel comfortable. If you want to view 10 different homes, you do not need to call 10 different agents to view them. The CIREBA agent will do all the leg work and set up showings so you do not have to worry about that. It makes shopping for a house a lot easier and less stressful.
Buying and selling properties in the Cayman Islands in the 1970s and 1980s was a lot different that it is today, as there were no rules and guidelines to follow. However, in 1987 a few Realtors got together and formed the Association that we have today. CIREBA is a non-profit association loosely based on the North American style of relationship between realtors and clients.
Today, CIREBA is proud to boast that it has more than 34 Member/Brokerages companies, and 167 Real Estate agents, making up approximately 95% of all realtors in the Cayman Islands. We have over 1500 listings, check it out. CIREBA
To be a Realtor and a member of CIREBA, agents and brokers must complete a professional training course that includes business ethics, due diligence requirements and basic contract law. A high degree of competence is expected from all CIREBA members and they must adhere to a strict code of ethics established by the Association.