Hawaii Realtor
Not all Realtors are the same
There are a few thousand Realtors on Oahu, and 80% of them do less than 2 transactions a year. How will you choose which Realtor to work with?
Choosing a bad Realtor can mean you buy a bad property, or that there are costly mistakes in your sale, which might burden you with litigation for several years and cost you millions of dollars. Every year, real estate becomes more and more litigious. In extreme cases, a seller in Hawaii could be subject to treble damages (3 times the sales price!) if a transaction is mishandled.
I have never been mediated, arbitrated or sued! Elite Pacific Properties maintains an errors and omissions insurance policy, so you know your interests are entirely protected.
Any firm is going to provide you information about themselves, their track record and positive comments from people they have helped in the past. But since all agents and brokers are regulated by the Department of Commerce and Consumer Affairs and you should call the Regulated Industries Complaint Office (RICO) at 808-587-3295.
Ask them if the companies on your short list have had any complaints against them. This call should be enlightening, as "discount" brokers in Hawaii have received multiple consumer complaints! Our company has none.
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Sometimes sellers consider using a "discount" broker to sell their property, believing this is a way to net more money from a sale. If their business model is working on "volume", then how interested can they be in trying to get the seller the most money? According to the National Association of Realtors a listing will generate an average of three buyers for other properties. Discounters are using your listing to sell other brokers listings. This is where they make their profit.
In the current market of increasing inventory, you need a Realtor who will aggressively market your property to sell, not use it as a means of finding buyers for other properties.
A real estate agent in is governed by Fiduciary Law, which means your interests have to be put ahead of the agents and company's interests in a transaction. We take this very, very, seriously. Starting with the philosophy of protecting you is the most important foundation on which to begin the sale of a property.
I have been in real estate since 1999. I am a Realtor associate member of the NAR, and have closed hundreds of escrows without a single lawsuit!
The selection of a broker will impact you immediately and have ongoing effects. If done wrong the sale could haunt you for years. If done right you will get your check and move on enjoying the quiet of never hearing from this property again! Thank you for the opportunity to earn your business.