Selling Homes – Isn’t That Enough?

By
Real Estate Broker Owner with Island Style Realty Inc. RB-19250

                                                      House For Sale 

Yesterday I attended an awards luncheon.  On of the things that got my attention was the venders who were at the event.  There were a couple of lenders present, who were owned by other real estate companies.  First of all I would never use or recommend their services, period.

I am real glad my company does not own a mortgage company, an escrow company or any other service company.  The conflict of interest is too tremendous.  If I ever leave the company I am with I would not consider an office that also owns and promotes their own lender or escrow company.  I can not imagine any added benefit for the real estate agents, just a lot of additional liability.

I know many will disagree with me on this subject.  That is OK there are companies just right for them.  For me selling homes is enough.

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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

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Location:
Hawaii
Groups:
Realtors®
Tags:
mortgage
real estate sales

Comments 57 New Comment

Rainmaker
617,283
Randy Prothero
Hawaii REALTOR, (808) 384-5645
Island Style Realty Inc.

Vickie - I think the number of people you give the client is not as important as the quality.  If you give three names and the one they use does a bad job you have more liability than if you gave them the name of one great loan officer, etc., who took good care of them.

Joe - Thank you

Ton - That is a business decision we all have to make.  I think my decision on that subject is real clear.

February 28, 2008 11:16 AM
Rainmaker
617,283
Randy Prothero
Hawaii REALTOR, (808) 384-5645
Island Style Realty Inc.
Robert - Not everyone agrees with us, but definitely the majority.  It is a dangerous road that some choose to travel.
February 28, 2008 11:18 AM
Rainmaker
71,275
Paul Howard
NJHomeBuyer.com Realty, 856-488-8444
Paul Howard, Broker, NJHomeBuyer.com Realty 856-488-8444

 

I believe the conflict exists with these companies. How could it not? To some buyers it makes the process SEEM easier but  in reality that is an illusion.

February 28, 2008 03:36 PM
Rainmaker
617,283
Randy Prothero
Hawaii REALTOR, (808) 384-5645
Island Style Realty Inc.
Paul - I don't see how it makes the process any easier.  I agree at best it may be an illusion.
February 28, 2008 03:51 PM
Rainer
5,851
Max Kim
MetroPointe Group LLC.

Hi Randy,

 

I dont' know if you remember me, but I met you at the NAR convention last year at the Active Rain party!

I hope your business is doing well! I just finally started doing blogs, so please let me know what you think about my blogs when you have time! 

February 28, 2008 06:55 PM
Rainmaker
617,283

Randy Prothero

Hawaii REALTOR, (808) 384-5645
Ask me for a free valuation of your Oahu Home.
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