After operating for just one year, Sunshine Rainbow Real Estate, a wholly Anguillian-owned company, has reported a breakthrough in the international marketplace.
This is according to a statement from Mr Euton Rogers, owner of the company, despite the global downturn and much uncertainty. The statement was read by radio journalist Keithstone Greaves while chairing a cocktail reception at Villa Modena on Saturday, July 27, to mark the first anniversary of the real estate company.
The statement explained that the company’s significant breakthrough in the marketplace was largely due to robust marketing efforts since its inception. “We have started running adverts in Design Anguilla magazine via the popular social media including Facebook, Tweeter and on our own website,” the statement revealed. “But by far our biggest, boldest and most aggressive marketing and advertising venture has been with the internationally-respected New York Digest. It has provided us the gateway to reach clients as far away as Asia, the Middle East, Europe, and on closer home in South America and the Caribbean.”
Mr Rogers told The Anguillian that he entered the real estate market at a difficult time but his company had recently succeeded in achieving a number of sales and that other sales were in the pipeline. “I have found that a lot of properties are selling under distress. Buyers are opting to look at properties in distress versus going directly to the owners,” Mr Rogers stated. “I was contacted just recently by a firm, a few months aback, and I am dealing with a lot of properties that are in distress – and from all indications we have done very well…I am determined more than ever to help out where necessary with regard to these properties. Right now the real estate market is so saturated that we really need to find investors and other clients to purchase these properties to pull us out of this mess.”
Mr Rogers explained that the majority of purchasers, so far, were Anguillians living abroad and that the properties were mostly homd. Villsas and land ..Meanwhile, his company is aiming at taking its services to another level to include legal, architectural and construction areas.
Parliamentary Secretary, Tourism, Haydn Hughes, said that venturing in the extremely challenging real estate business was a bold move by Mr Rogers, a former employee at Cap Juluca for 25 years. “The real estate market has been suppressed but it is now turning the corner, so perhaps Euton was a visionary in making that bold step so we applaud him,” Mr Hughes said. “We hope that he can continue to develop this business because there is an abundance of real estate all around the world, including Anguilla, to be had at very good prices.”
Former Minister of Finance, Victor Banks, said in part: “Euton has made a success of himself and it was hard work. I have spoken to him on a number of occasions when he was very concerned about where the business and the industry were going but, in recent times, I think he got the hang of it. He has made some good contacts and built some solid relationships – and has established the beginning of what I hope and pray will be a very good business. He has called us here after one year and I believe it means that he feels comfortable with what he is doing.”
During the event, the real estate company, as part of its social and corporate responsibility, presented two Kindle Fires to the Arijah Foundation and the Blossom Centre, represented by the Founder, Mrs RenukaHarrigan. “The kindle is a device that you can put story books on for children which they can interact with,” she explained. “It is a way of engaging children who have some challenges with cause and effect and understanding – that they can interact with the environment and have something positive happening. They will also understand the alphabet and letters and the world around them.”
Mr Rogers took the opportunity to thank various persons, including his working team and business associates and family, for their continued support.
