The Roatan Real Estate Association is a long-standing organization and an international affiliate of the National Association of Realtors (NAR). They are also members of CANABIRH (The Real Estate Chamber of Honduras).
Why list with the RRA?
All of our agents and brokers have signed and follow the RRAMC code of ethics and that gives you the confidence to know you’re dealing with true real estate professionals. The agents are required to list all their available properties and keep their listing accurate and up to date. The Association provides training and oversight to ensure that your selling or purchasing experience will be handled properly.
Why buy with the RRA?
We use the latest Multiple Listing Software to efficiently and effectively send you the listings for easy comparison.
All the agents and brokers use this database of properties to sell each other’s’ listings, ensuring you see what the market has without having to bounce between websites and agents. This is how they do it in North America and other markets you may be familiar with.
When you work with our association and our members, you’re seeing the best that Roatan has to offer.
Our History
The Roatan Real Estate Association (RRA) was started in 2003 by the brokers of local real estate offices. As the industry advanced and buyers expected more professionalism, local real estate agents worked together to create a recognizable organization. With the establishment of the RRA, the group adopted a set of Standards of Practice and Ethics Code by which all agents abide.
In 2008, CANABIRH appointed the board of directors of the RRA as CANABIRH BAY ISLANDS (CANABIRH BI) and granted them chapter/delegation status. The RRA/CANABIRH BI has helped to coordinate real estate agents working together and it has also allowed for the dissemination of information about listings. They have also acted as liaisons between the industry and local government in implementation of suggested rules and a possible real estate school for the industry.
There is a combination of requirements for a real estate agent to become a member of the RRA. Applicants must be legal residents, have legally established corporations, and must agree to abide by the RRA Standards of Practice and Ethics Code, as well as the bylaws of CANABIRH.
All real estate companies must be affiliated to CANABIRH or else they will not be legally allowed to make real estate transactions. Meetings are held monthly for RRA members and include all member brokers and agents. Every two years there is an election for a new Board of Directors.
The Roatan Real Estate Association has been and will continue to set the industry standards in the Bay Islands in order for real estate agents to best serve their clients. At this stage of development for the islands, real estate is a major catalyst for progress, as is the RRA.