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2010 - Buz Moffett named A Hawaii Top Realtor for the 4th Year in a Row
Maui & Molokai Oceanfront Specialist / Wm "Buz" Moffett, Principal Broker
Puamana 225-2 Lahaina
$999,000
Pools, Tennis, Club House, More..
Direct Oceanfront
Gated Community
Buz's Surf Pics
Buz's Indo 2008 Picture Galleries
CONTACT BUZ MOFFETT, R(B)
Cell: 808-870-6794 / Office: 808-669-0454
Toll Free 888-381-6205
Fax: 808-442-0761
CONTACT FORM
Form Object
Indo Summer 2005
Surf Spot Properties
BUZ MOFFETT: A REALTOR THAT SURFS
OR A SURFER THAT SELLS REAL-ESTATE?

Being raised in Lahaina in the 70's was fun, to say the least. Everything was happening, the building boom, the tourist industry, the waves, Maui was becoming a world class destination. With my family being heavily involved in the building industry of the late 60's and into the 70's and 80's I could see that things where changing fast. Life is full of compromises, but where do you draw the line? Leaving Hawaii was mine. After surfing through high school at Lahainaluna and moving to the Big Island for two years at UH Hilo I finally made it to Oahu and the University of Hawaii. Three years later and lots of surf, I was back on Maui ready to make a name for myself. Having come to the realization that surfing for a living was out of the question (the pros at that time made less than waiters) my mom convinced me that to have a real-estate license couldn't hurt. 1982 seems like a life time ago now but you know what they say "always listen to your mother".

Real-estate has been good to me. What other industry can you work in that mandates fun. I used to joke that I made my best contacts while in the water. Guess what, its true. I have been blessed with meeting some of the most incredible people through my work and having the pleasure of helping them purchase their dream properties. Don't get me wrong, I have a strict business ethic, WORK HARD PLAY HARD. After setting up my own office in 1991 I soon learned the down side of being the boss of a real-estate firm, if you spend all your time keeping your sales people busy you don't have time to make any sales. You may remember the early nineties were not that friendly to realtors, or any one for that matter. Back to basics, I downsized my office and started doing what I love, meeting fantastic people and helping them purchase their dream.

It sure is easy to fall into that rut called reality. Home, office, cars, mortgages, kids (love the Kids) and all the responsibilities that come with "success". Is there still time to surf? Oh Ya, you make time. Having made a yearly migration chasing the big ones through the South Pacific and the Indian Oceans I can tell you from experience that nothing motivates me to work harder than a good surf trip.

Where am I now? I still spend most of my time helping friends, new and old, buy into the dream here on Maui, but I have been spending more and more time on Molokai "The Most Hawaiian Island". Just remember the next time you are in the waters of Maui or Molokai and see a guy with a big smile on his face you might be looking at the SURFER THAT SELLS REAL-ESTATE!

Buz's Maui Real Estate Update - July 2010

Welcome back to the Surfing Realtors monthly blog.  Things are selling here on Maui!  With values at a 7 year low and part time residents and investors seeing the opportunity we have had some nice sales in July.  Currently there are 200 homes on the market on West Maui with 11 sales priced from $299,000 to $3,000,000.  We currently have 23 homes in escrow priced from $275,000 to $8,500,000.  This is good news – over 5% of total inventory sold in July and over 10% currently in escrow!  These are the best numbers we have had in a long time!

We are starting to see some of the more expensive homes go under contract and sold now.  This is good news as when the top end starts moving it means that the most sophisticated buyers are thinking we are getting close to the bottom.  The over all market is still declining here on Maui as the REO bank owned properties keep coming on the market at very low prices.  These properties are driving the entire market lower at this point and until this trend stops I do not see the bottom – but – I could be wrong.  Many of the REO properties are getting multiple offers within the first few days of listing and some are selling for above asking price.   We do have buyers out there right now and they are picking up the best deals FAST.

Short sales are over for the most part – the lenders are just not negotiating down to market value so the buyers are walking away. 

It looks to me like the end of the summer and into the fall is going to be great for buyers as long as the banks continue selling below market.

If you are looking for an agent that returns calls, has his finger on the market and gets deals closed give me a call – I am ready to get to work for you.

Aloha

Buz Moffett, Broker / Owner
Moffett Properties
est. 1992
808-870-6794

Contact Buz at buz@surfingrealty.com or search the mls at www.mauimls.biz
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Buz Moffett, R(B) 808-870-6794 buz@surfingrealty.com
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