AN EXCLUSIVE RANKING OF THE BEST PERFORMING REAL ESTATE AGENTS
Hawaii Business Magazine spends lots of time and effort in measuring the overall performance of agencies and nonprofits inside the Islands.
That’s why each year we submit a series of lists: the Best Places to Work, the Top 250 ranking of Hawai‘i’s largest businesses, Hawai‘i’s Most Profitable Companies and the Most Charitable Companies. Our readers find price in each of these lists and so do the businesses being ranked – it tells them how they measure towards their peers and competitors.
There’s a brand new look this year to the Top one hundred in Real Estate. After 12 years of giving us its MLS income statistics, the Honolulu Board of Realtors declined to offer that records this time to Hawaii Business Magazine. Board leaders informed us the Top a hundred put too much emphasis on the pinnacle tier of Realtors in place of on the services furnished via many lots of other Realtors on O‘ahu. They additionally stated part of the statistics may be skewed because some Realtors had formed groups and attributed all of the crew’s income to a single man or woman.
But the Neighbor Island boards endured their partnership and furnished information to us, so we compiled a list of the Top one hundred primarily based only on Neighbor Island facts.
We desire we may want to provide a statewide list, but we assume this revised Top 100 is still beneficial to shoppers and dealers of local actual property and gives a have a look at the accomplishments of Neighbor Island actual property retailers.
Who Are They…
Real estate sellers are experts instrumental in connecting the buyer with the seller.
Additionally, many actual estate retailers control leases in which they introduce tenants to landlords and oversee the protection of the assets on behalf of the landlords.
In maximum areas, actual property sellers are required to be tremendously knowledgeable, licensed and are regulated by a governing body.
Some actual property dealers also are Realtors.
To use the title Realtor, a real estate agent has to be a member of the National Association of Realtors which in addition to a number of other necessities, requires Realtors to stick to a strict code of ethics and gives Realtors additional academic and designation possibilities.
Though now not required by using rule or regulation, it might be a sensible decision to are searching for the offerings of a Realtor.
What Do They Do…
Real property agents convey together or more interested parties, carry out those steps necessary to successfully conclude a transaction and fee a fee for their offerings.
For sales transactions, they rate commission to the vendor while for leases, the commission is normally charged the owner.
Real estate agents normally calculate their rate as a percent of the selling price (inside the case of a sale) and as part of the lease for condo devices.