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Maui & Molokai Oceanfront Specialist / Wm "Buz" Moffett, Principal Broker
4025 Maalaea Place Maalaea
$2,995,000
5 Bed, 4.5 Bath Home w/ Pool
Beachfront
Best Oceanfront Value
Buz's Surf Pics
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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 Blog - December 2009

HAPPY NEW YEAR!!!!!!!!!!!!!!!!

I am sure many of you are ready to say good by to 2009 and welcome in 2010 with hopes of a brighter economic future for the USA. 

Just a quick international note.  I have made short trips to Europe and Asia over the past two months and I could see little or no impact on these economies from the “global economic melt down”.  This tells me that the next wave of real estate appreciation will come from over seas investors – get ready!

With the holidays many transactions have been delayed into the New Year – but this is normal and to be expected.  I was hopping for a few more high-end sales to close out 2009 but the market did not cooperate.  With the SBC Kapalua Championship golf tournament right around the corner West Maui will get a boost in visitors and hopefully high-end buyers – we need it.

I would like to chat a bit about Internet marketing – currently 87% of buyers are coming through Internet marketing in my firm. That means that only 13% are coming off of signage and paper adds – what a change from 2 – 5 and 30 years ago when the Internet was non-existent.  I am finding that buyers today are the most educated that I have experienced in my 28 years in business.  They are doing their homework before ever contacting the agent.  With the tools available on line many buyers know more than the average agent about a property prior to ever making a call.  This is good – no this is great!  Education and information is key to making good solid investments and the more you get the easier you make my job.  Of course there is no substitute for local knowledge but it has to be part of the package. 

As in November the best deals still seem to be the REO bank owned properties – they are priced right and for the most part can close quick.  We have seen some increase in lookers at high-end properties – many of these are foreign investors – but no big sales so far. 

I am still predicting that the over all market is going to continue to fall slightly over the next 6 months and see some leveling off through the remainder of 2010 with the possibility of a slight increase in values of some of the more desirable areas.

We had a wonderful Christmas party at my house this year with a few hundred people attending and loads of food, music and fun – This is a Simi open party for my staff, clients and friends so if you are in town during the holidays please hit me up and come enjoy this fun event with me and my family – we have been doing it for 20 years.

I hope you all have a wonderful New Year and that health, wealth and happiness dominate your lives.

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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