Hawaii Randy's Real Estate Opinions: March 2009

A Real Estate Alert - Buyers and Sellers Beware!

If you are looking to buy or sell a home you may want to ask a question of you real estate agent before making a decision on whether to work with them.

  • Do you do this full time?  In other words is this their primary source of income?

In my county and I am sure the numbers may be similar across the country.  About 2/3 of the members of our Board had one transaction or less last year. I know you are stunned, but this is the number.  That does not include all the people who have active real estate licenses who are not member of the Board of REALTORS®.

I am in a class of some kind monthly and sometimes even more often.  As a full time licensed broker/ agent I write and review contracts continuously.  I allocate a large budget every month for marketing both y client's properties and myself.  I attend briefings and meetings constantly.  This is a complicated business and it requires that we stay on the top of our game.

  • Someone who had zero or one transaction in a year cannot possibly be up on the contract and law changes. 
  • There is no way that they will be able to market your home properly when they are not successful marketing themselves. 
  • Will they even have the resources to pay for the marketing?
  • Are they tight for money and will they be pressured to close this sale at all costs?  Will they be willing to protect your interests even if that puts the sale at risk?

Of the other 1/3 of the agents who had 2 sales or more, how many of them are actually in the business of real estate?  How many have a full time job and do this weekends and evenings while balancing their family time?

In this changing market the need to find a professional real estate agent is stronger than ever.  To have success in this market look for an agent who is having success.  They are out there.  They are however in the minority.  Like the old saying if you want to get something done find the busiest person to do it.

Real estate is my full time occupation.  In 2008 when many agents left our industry, I increased my marketing budget and increased my sales.  If you are looking to buy or sell a home in Honolulu County (Oahu),  I would be honored to assist you.  My services are normally free to buyers and I have aggressive marketing programs for sellers.

 

--------------------------------------------------------------------------------------------------------

Randy L. Prothero, REALTOR®

Principal Broker, ABR, AHWD, CRS, e-PRO, GRI, MRP, SFR

Island Style Realty Inc.

Team Leader - "The Prothero Group"

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

Comment balloon 25 commentsRandy Prothero • March 12 2009 10:56AM
A Real Estate Alert - Buyers and Sellers Beware!
share
If you are looking to buy or sell a home you may want to ask a question of you real estate agent before making a decision on whether to work with them. Do you do this full time? In other words is this their primary source of income? &… more
2009 VA and FHA Mortgage Loan Limits for Hawaii
share
The below numbers were taken from the HUD and VA websites. 2009 Hawaii FHA Loan Limits County One-Family Two-Family Three-Family &… more