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Your Outer Banks property is an investment. Discover why so many investors seek my services. To discuss your needs, call 877-207-1617.

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- Damon and Judy Wagner
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Outer Banks Real Estate Tips
Outer Banks Real Estate Tips

Outer Banks Real Estate - Tips on Buying Outer Banks Real Estate 

WHY IT MATTERS SO MUCH WHICH AGENT YOU USE 

If you spend some time on my site, you'll see that I state again and again that it really does matter which agent you use in your purchase of Outer Banks real estate. 

Here's a perfect example of what I mean... 

I received this testimonial over the weekend from my buyer client, Tim. Now, Tim isn't one to mince words: when he says this deal was difficult, that's because it was. 

The truth is, an inexperienced real estate agent couldn't have pushed through the hurdles and gotten this deal approved. 

This deal would have fallen apart a long time ago with a less experienced agent. 

With money so tight and lending standards so rigorous, why put your transaction in the hands of anyone other than a top-producing agent who cares very much that you achieve your goal of owning a cottage on the Outer Banks? 

Here's Tim to tell the story in his own words: 

"My wife and I have been buying homes for fifteen years, both condos and single-family. 

"After a string a very successful purchases of both primary and vacation residences we finally hit a mortgage roadblock after the housing crisis in 2008/2009. At the same time, we had been wanting our dream home in the OBX. 

"Holleay helped us find our dream residence in a DAY. But here's where she went the extra mile...while we easily had the down payment and qualified for a loan, all lenders were skittish on lending against condos. 

"Through sheer will, cajoling, (and maybe even a plea or two), Holleay not only found us a lender but leveraged her own sales reputation to make sure we got financing. She guided us through headache after headache and re-assured us that the mortgage "was gonna happen..." 

"Well, the lender finally came through and we close this week. 

"We could not have achieved this dream without Holleay. It was way beyond the call of duty, and we'll think about her every time we come down to our condo to escape the hustle and bustle of Northern Virginia. 

"Consider this a strong recommendation - but consider Holleay a godsend." 

- Tim Hermes
Arlington VA  

Looking for Outer Banks real estate? Search the entire Outer Banks real estate mls, by clicking the link in bold!  

RICH AND BEV HAVE JUST JOINED THE HAPPY CAMPER CLIENT LIST! 

"Buying a home can be a burdensome endeavor, however, Holleay made the experience a pure delight

"Holleay's knowledge and passion for the Outer Banks has provided us key information one can't find in the local papers or magazines. 

"She consistently represented our best interests and kept us informed through each vital step! 

"THANK YOU, HOLLEAY!"

- Rich and Beverly Pruzina
KDH, NC 


MORE HAPPY CAMPER CLIENTS! 

"The Wagners & Schnaars families want to thank you, Holleay, for all your professional advice and guidance through the recent sale of our rental property in Corolla. 

"In these difficult economic times and in particular the real estate market, this was bordering on miraculous! 

"We understand that the crucial parameters were setting the correct selling price and your marketing ability. 

"Our hats are off to you!!" 

- Damon and Judy Wagner 

UNDER CONTRACT IN 48 HOURS! 

On Tuesday afternoon, I put the listing for a lot on the westside of Kill Devil Hills into the mls. 

48 hours later, we are under contract! 

What have I been saying for months now? 

"If it's priced right, it will sell...and sell fast." 

This lot is a perfect example. 

In fact, it's time to have another quick chat about lots: 

1. Lots have lost more value than homes have. Why? Because houses can generate rental income, and lots can't.  

2. When the market turns, it will be the lot value that increases. Houses depreciate.  

3. Why not secure your lot right now, if your plan is to retire in a few years to the Outer Banks? 

4. If you're interested in purchasing a house, why not consider building instead of buying a resale? Building a house greatly benefits the larger economy. You can tell your friends that by building a house, you did all you could to get the economy moving again. (And you would be right.) 

5. There are a BOATLOAD of lots that are bargain-basement priced, many of these lots are in foreclosure. You can't even believe the deals, in some areas, lots have lost more than half their former value during the boom...  

6. Need a builder? Not to worry. I can recommend some of the area's best.  

THINK LOTS! 

ANOTHER HAPPY CAMPER CLIENT! 

"Having served in the United States Navy for over 28 years has given my family and I the opportunity to live abroad in four countries and six states here at home. 

"This rather nomadic lifestyle has also presented me with the chance to purchase homes in a wide variety of real estate markets and to deal with the full gamut of real estate agents. 

"Holleay Parcker is far and away the best agent I have ever encountered. 

"Her market sense, knowledge of the intricacies of transactions and most importantly, follow up after the sale, was instrumental in making my latest purchase the least stressful and most enjoyable ever. 

"Thank you Holleay. Jaime and I would not have achieved our dream of owning a vacation home in the Outer Banks if not for your incredible tenacity, absolute professionalism and unbelievable work ethic."  

- Capt. Mike Zamesnik, Norfolk VA 

(Mike, it's been a privilege to meet you and Jaime and an honor to represent you in the purchase of your home. After all these years and hundreds of transactions, it still thrills me to negotiate out a great deal for my clients...I think you know how much fun I had on this one. -Holleay aka 'Tiger' - thanks for the new nickname!)  


WHO BELIEVES IN AMERICA? 

On February 25th, I watched a brief video on msn.com’s homepage. The video confirmed what I have suspected would happen… 

But let me begin at the beginning, instead of the end, of the story. 

Just yesterday, again on msn.com’s homepage, was an article discussing whether home prices have bottomed out. The article discussed how affordable housing had become, as well as how housing prices are closer to stabilizing now than they have been in the last several years. 

So, here we are:  

Home prices have fallen. Interest rates are historically low. 

And yet Americans continue to hold off, apparently needing some sign in the heavens to signal that it’s time for them to buy. 

Back to the February 25th video… 

Not all buyers need to see a sign. 

The video showed the first of a group of 500 foreign investors touring several cities in the US, intent on buying US real estate while prices and rates are favorable. These investors are coming in waves, folks. And they are investing. 

They are investing in what we are afraid of buying…  

Our own country. 

So who really believes in America? 

DANNY AND MARTHA - HAPPY CAMPERS! 

"Holleay worked with us as the buyer's agent when we bought our house and again as the seller's agent when we decided to sell. 

"Our experience with Holleay was one that we will not forget. 

"She was professional in her work, knowledgeable about the current market, and at the same time exhibited a great sense of humor. 

"When dealing with closing, we had no surprises as she left no stone unturned in assuring we were aware of everything to expect. 

"If we were to have any real estate dealings on the Outer Banks in the future, we would definitely call Holleay. If you're thinking about buying or selling, and you want a top notch agent, then you should call her too." 

- Danny and Martha Crawley 

HOW THE STIMULUS PACKAGE COULD IMPACT THE OUTER BANKS MARKET 

The President just signed the $787 billion stimulus package into law on Tuesday. Whether or not you agree with all of it, or parts of it, or even none of it, there’s one very important way that the stimulus package may impact the Outer Banks real estate market: 

Prior to the credit crunch, an investor could carry up to 10 residential home mortgages… 

Then the credit crisis began, and Freddie and Fannie and their investors revised their lending standards to the point that an investor could only have 4 residential home mortgages in his portfolio. 

That meant that while many investors were itching to buy additional properties here, it was an itch they could not scratch, as they could not qualify for an additional mortgage, given the new (tighter) lending standards. 

Well, on Tuesday, Fannie agreed to raise the number of residential home mortgages back up to 10. Freddie has yet to follow, but with any luck at all, will. If Freddie follows suit, then their investors may well agree.  

Here’s how this could impact our market: 

In short, investors may soon be able to scratch their itch.  

Inventory is dramatically lower than it was this time last year. In January 2009, there are 38% fewer properties on the market than there was just 12 months ago. 

So buyers are competing for fewer properties… 

And should investors find that their hands have been untied, then we’re going to have more buyers entering our market than we have had in the last year… 

Which means even more buyers competing for fewer properties! 

I’m frequently running into other agents while I’m out showing homes with my buyer clients. The phones are ringing, and agents are showing my listings. Last weekend, I had 7 properties show in 2 days… 

And this was before the stimulus package was signed into law! 

If you are interested in owning property on the Outer Banks, and if you want to capture the full season’s rental income, and if you want to enjoy the house with your own family before the first tenants arrive… 

Then we simply don’t have any time to waste. 

Let’s get started! I’m here to answer your questions, so feel free to call me toll-free at 877.207.1617

FEAR AND GREED IN REAL ESTATE 

There are two driving forces in real estate: fear and greed. 

Greed is what makes buyers want to hold off from buying until the very last second, so they won’t overpay. Greed says, “I want to buy at the bottom of the bottom of the cycle.” 

And there’s nothing wrong with that! 

Who wants to overpay? 

Nobody I have ever met… 

But here’s the thing: 

When the bottom of the cycle comes, many of those same buyers who said, “I will step forward at the bottom and buy” suddenly begin to look around. 

Do you know what they find? 

A country in recession. Hard times. Unemployment rising. Incomes falling… 

These buyers, who have been patiently waiting for this very moment to arrive, begin to look around. They see that times aren’t good. Things aren’t great. They begin to wonder where it will all end. Will it ever get better? 

And these buyers leave their greed position, and move over to the fear side of the equation… 

Where fear of existing conditions keeps them from buying at the bottom of the cycle. Fear keeps them from realizing their golden opportunity. Fear costs them money… 

How? 

Because fear says, “I have to see things start to get a little better before I will buy. I have to see things beginning to improve before I feel good enough to step forward.” 

But by the time things have begun to improve, the best deals are gone. 

Greed puts buyers in the position to buy when the time is right. 

Fear keeps them from doing so. 

Remember the movie Wall Street? The one with Michael Douglas and Charlie Sheen? The famous line from that movie is when Michael Douglas’s character states definitively: 

“Greed is good.” 

Well, I don’t know that that is always true, but I do know that of the two, greed serves buyers much better than fear.  

BUYERS HAVE FEWER OPTIONS IN 2009… 

Some folks seem to think that the longer they wait to buy, the more there will be to choose from. While that theory may sound logical, the truth is, it is simply not accurate. 

You see, there is far less inventory in every category on the market today than there was just one year ago. 

Our present inventory of residential homes for sale has shrunk by 37%. More than one third fewer homes to choose from… 

Lot inventory has decreased even further. Today, there are 39% fewer lots for sale than there was one year ago… 

And the percentage is even higher for commercial properties. There are 46% fewer commercial properties available for sale today than there was one year ago. That number is huge, folks! 

Here we are, at the beginning of 2009. We have prices lower than they have been in the last 5 years…and interest rates are lower than they have been in 50 years…but the inventory to choose from has shrunk almost 40% across the board. 

The spring months are the busiest months of the year in our market, and the reason is simple: Buyers come in the spring to buy their vacation home so that they can enjoy it for awhile before the rental season begins. Buyers want the full season’s rents, so they come in January and February and close quickly on their homes, particularly if they want to have some painting done, or replace any furniture, before the first renters… 

With prices and rates so low, we are seeing a significant increase in activity – and with fewer homes to choose from, buyers are frequently finding themselves in competition for the best homes. 

If it is priced right, it is selling. And it is selling fast. 

Two weeks ago, I had identified a home that was just right for my buyer. Excellent rental income, priced right, and in good condition. He was excited about it, alright. But he was called out of town unexpectedly and couldn’t come down. 

The house sold that weekend. Another buyer had realized what a good deal it was, and snapped it up. 

Now the #2 house isn’t nearly as good an option as the #1 choice was. The #2 house is older, and in need of some renovations. And because of its condition, it doesn’t generate as much rental income that the first choice did… 

But the #1 home is under contract. It’s gone. 

Folks, this same scenario is going to play out again and again this spring on the Outer Banks. 

Once we do our due diligence and determine the best option for you in your price range, you need to be ready to move to secure your vacation home. 

If you aren’t prepared, someone else will be. And just like my buyer, you may find yourselves wishing you had moved sooner. 

It is difficult for me to see my clients get excited about a property and then lose it. I often wish there was something I could do so they could escape that feeling of loss and disappointment. It is hard to watch them struggle through the emotions of joy in finding ‘the one’ and then the overwhelming sense of disappointment when the cottage sells before they decide to move forward. 

If you are looking for a beach house this spring, then we need to get started, and the sooner the better. I’ll share with you how to be prepared so that you are ready to move forward when we find ‘the one’… 

After all, the last thing you want is to find the right house just to have it slip away... 

IF NOT NOW, WHEN? 

Here we are at the start of a New Year, and just look at how favorable market conditions are for buyers: 

1. There are some extraordinary buys out there… I mean, seriously. It is incredible to those of us in the business to see these kinds of deals...

2. Interest rates aren’t good, they are dirt cheap. It’s crazy, folks! And they won’t stay this low…I’ve read industry material that predicts rates will rise in the second half of the year.  

So here we are, with the full season’s rents ahead of us for buyers to capture, interest rates that have fallen 1 ½ pts in recent months, and many properties priced at bargains none of us thought we would see again.  

Last year, I heard from some folks who were waiting for prices to fall further… 

In the third quarter, they were waiting for interest rates to fall… 

And now, they are waiting for the economy to improve. 

WHAT??!? 

Folks, this is what the bottom looks like. Not a pretty sight… When the bottom comes, it’s not roses and candy. It’s not serenades and sweetness. When the bottom of a cycle comes, it’s ugly. (That’s why it’s called a bottom, you know?)  

Why do you think some buyers will miss buying at the bottom? 

It’s because when the bottom of the cycle comes, they don’t have the stomach to buy. 

They are scared. 

They need to see the economy improving. They need some roses and candy… 

So they wait. 

And they will miss the bottom, the very phase of the cycle they were so intent on buying in! 

If you wait for the economy to improve, you will miss this incredible opportunity to buy right now. Because when the economy improves, sellers won’t be so willing to negotiate. And who knows where interest rates will be? 

If not now, folks, then WHEN is the right time for you to buy? 

The time IS now. The opportunity IS now.  

Are you going to take advantage of it?  

"WE'RE HAPPY TO BE TWO OF HOLLEAY'S HAPPY CAMPERS!" 

"From the first time I spoke with Holleay on the phone I felt as though I had known her forever. 

"Her knowledge of the Outer Banks was immediately obvious. Her willingness to share her knowledge and educate us in the process was a gift. 

"Holleay and the team of professionals she has surrounded herself with made buying our home a positive experience in so many ways. 

"It's hard to believe that Holleay had other clients she was assisting, based on the incredible amount of time and effort she put into helping us. 

"We will not hesitate to recommend Holleay to anyone interested in the Outer Banks and we will certainly use her services in the future. 

"THANK YOU Holleay for helping us make a beach house a reality! 

- Judy Peel  

HAPPY CAMPERS LIKE CRAIG AND SUZANNE ARE WHAT IT'S ALL ABOUT! 

You know, I have a fantastic job. I am privileged to help people realize their life-long dream. I have the opportunity to feel their excitement, and see their joy when they get the keys to their new beach house. 

And I frequently open my email and get a testimonial from one of my clients... Now, that really makes my day. 

This is the note I just opened from Craig and Suzanne: 

"When we found Holleay, we found the best real estate agent on the beach!"  


"We had been looking online and riding around the area for about a year before we decided to contact a real estate agent and do some serious looking. 

"Not knowing any realtors, we really had no idea how to go about finding one that would be a good match for us. 

"Holleay was the first agent we called and when we met her, we knew that quite simply, there was no need for us to look any further. 

"From that point on, Holleay made the whole process so easy; she found the perfect beach house for us; we closed and spent the weekend in our new place within 17 days of making an offer. 

"Holleay handled all of the details on our behalf and she continues to be a valuable resource for us. 

"More importantly, Holleay has become a good friend!" 

Craig and Suzanne Downar
Hertford, NC 

WHAT YOU’RE NOT HEARING ON THE NEWS… 

Well, if you’re like some people, you’re glued to the TV and wringing your hands, wondering where it will all end. 

Meanwhile, there are a number of buyers who are getting some great deals on property here on the Outer Banks. 

I closed more sales in September than any other month in 2008. And October has started off with a bang, as I’ve already put one home under contract… 

Here’s what you’re not hearing on the news: 

If you have good credit, cash for a down payment and meet lending guidelines, banks are happy to lend to you. Thrilled, as a matter of fact. 

The loan process is smooth, and for my buyers at least, pretty darned fast. Most of my transactions are closing in just two or three weeks. 

Property here IS selling. It will sell, when it is priced right.  

There is a great deal of interest here, with plenty of buyers on the beach. Values abound, as prices have fallen and interest rates are favorable. Buyers who believe that right now is the time to move forward are striking some excellent deals…  

Many buyers are poised to enter the market in November, right after the presidential election. If just half the buyers I’ve spoken to in the last three months move forward, we’re going to have a very big fall on the Outer Banks… 

For those who are waiting for some sign that now is the right time to buy, I’m sorry, but you’re not going to get that sign. Oh, the signs are really all around you, but they aren’t what you think, that’s why you’re missing them. 

The right time to buy is when others are selling. 

The right time to buy is when others are afraid to. 

It’s just that simple. 

Real estate has led our country out of one recession after another, and it is real estate that will lead our country out of this recession as well. 

I’ve been saying all year long that building costs are down and lot prices have plummeted. For those who have been listening, they are reaping the rewards. 

I have two clients presently building homes, and they both received an appraisal that was significantly higher than their cost to build - more than 10% higher! 

Whether you choose to buy a lot and build, or purchase an existing home, know this:  

Your real estate purchase is not just making your dreams come true; it’s contributing to the economy as well, and that’s a much-needed contribution, folks. 

Your real estate purchase can make a difference. 

Who remembers the dot com stock market crash? 

Who recalls how many boomers sold their stocks, ran down to the Outer Banks and looked to real estate to make them whole? 

Who remembers how rapidly the real estate market took off then? 

What's happening now is similar to what happened then

There's a changing of the guard occurring: stocks soared as real estate floundered, and now stocks are plummeting and... 

My guess is it won't be long before real estate begins turning around, as once more, disgusted boomers will see real estate as a better investment than stocks...  

HAPPY CAMPERS BOB AND JUDY ARE ENJOYING THEIR DREAM HOME! 

"We just purchased our beach house September 29th.  

"Holleay helped us tremendously. She worked very hard in finding us "THE" house. She would not let us settle for anything less. 

"Holleay will find "THE" house for you, too, without pressure... 

"She was extremely helpful throughout the contract process, from making the offer through the settlement, which we accomplished in just two weeks! 

"You will not find anyone who will work as hard for you as Holleay Does. You'll find yourselves, just as we did, thinking how fortunate you are to have her as your agent. 

"There are no words for us to express our good fortune to have found Holleay." 

- Bob and Judy Knaub Duncannon, PA  

THE ONE QUESTION SMART BUYERS ALWAYS ASK WHEN DETERMINING WHICH AGENT TO WORK WITH  

There are many questions buyers can ask agents as they are determining who they believe will work hardest to promote their interests, but most of these questions won’t help them with their decision. 

Because most of the questions buyers ask agents are agent-centered, instead of buyer-centered. 

Here are some examples of questions that are often asked, that simply aren’t the right question to be asking: 

“How long have you been in the business?” The assumption here is that the longer you’ve been at the job, the better you have become at it. That’s a huge assumption. I once knew two partners who had been paperhangers for 10 years. Then one day, they simply quit. After 10 years! The next time I ran into Jackie, I asked her why. The answer she gave me has stayed with me. Jackie said, “We got tired of wondering when the next phone call would come, where someone would complain about their new wallpaper falling off the wall.” Clearly, years of experience does not necessarily a good paperhanger make…or a good real estate agent, either. 

“Is this your full-time job?” Again, the assumption is that if you can make enough money at it full-time, that you’re a good real estate agent. This is the wrong question to be asking. First, what you consider to be a good living and what the agent considers to be a good living may be two very different numbers… But once again, even if the agent is making plenty of money, this doesn’t tell you the one thing every smart buyer wants to know. 

And there are lots of useless questions like these. 

Questions like “How many transactions have you completed this year?” and “How much volume have you sold this year?” are both hinting at the same thing: Again, the assumption is that if you’ve done well for yourself as an agent, that this automatically means you’re going to be a great buyer’s agent. 

All of these questions are agent-centered. 

None of them speak to what smart buyers want to know. 

Here’s the one question smart buyers ask, every time: 

“What is your sold price to asking price ratio?” 

This one question tells you the whole story, folks. It’s the only question that will help you find the best buyer’s agent. 

Why? 

The answer is simple.  

This question is buyer-centered. This question is performance-centered. This question is really asking: “Are you an excellent negotiator? Are you someone who can structure a deal to save me money? Are you good at the back and forth during negotiations? Are you tenacious in wanting to strike the best deal for me?” 

The sold price to asking price ratio is a statistic. It tells you precisely how that agent has performed. It reveals accurately their ability to negotiate. It shows you exactly how tenacious they are in striking the best deal. 

And the lower the ratio of sold price to asking price, the better their performance, and the more money they have saved their buyers… 

Most agents are closing properties around 95% of the asking price. 

Some of closing at 92-95%. 

In 2008, I am closing at 82.5% of asking price for my buyer clients. 

After you ask an agent that question, be sure to ask them to show you their closed sales… 

You want to see just 4 pieces of information: 

Asking price/Sold price/Sold date/Selling agent 

The asking price and sold price are pretty obvious. 

You want to see the sold date on each transaction to make sure the agent is showing you 2008 sales only. Those sales are the only ones that are relevant. Everything else is ancient history. 

You want to see the selling agent’s name on each transaction to make sure the agent is showing you 2008 sales that they have actually closed, and not some other agent in their office, or even another firm’s office. 

Be a smart buyer. Your hard-earned money is at stake, folks. You deserve to be working with the best agent. Why settle for anything less? And now you know the right question to ask.  


Want the latest insights into the Outer Banks real estate market? Get my personal views on the state of the market by clicking here Market Insights

Looking for Outer Banks real estate? Search the entire Outer Banks real estate mls, by clicking the link in bold!  

Search the Outer Banks mls for Outer Banks homes for sale, Outer Banks vacation rental homes, and Outer Banks investment properties including Outer Banks oceanfront condos. The outerbanks mls even includes commercial properties for sale. 

And be sure to visit my Featured Outer Banks real estate . I may have an Outer Banks property featured that is perfect for your needs. 

Need local Outer Banks real estate information? I've summarized much of what is important for you to know about the Duck, Corolla, and Outer Banks real estate market on this site. 

In addition, I have some excellent offline tools that are very helpful to use in conjunction with your online search for Outer Banks real estate. My complimentary Outer Banks real estate Buyer's Guide is full of information that will put these internet listings in perspective for you. 

Your Outer Banks real estate purchase is as unique as you are. The type of property you're looking for, and your reasons for owning Outer Banks real estate are as individual as your fingerprint. 

That's why searching the Outer Banks mls for the right property is like trying to find a needle in a haystack. Instead of searching for the right property, search for the right Outer Banks real estate agent. The mls can’t provide you with the information you need to determine whether a particular property is right for you, but the right Outer Banks real estate agent can

My focus is always on you: your wants, your needs, your investment goals, and your dreams. I focus on identifying opportunities in the various parts of our market, and keeping my finger on the pulse of changing market conditions. I build confidence and trust in my clients that result in relationships which continue to thrive to this day, years after their first transactions. 

The approach I take is pretty direct. I provide the information to assist you in making an intelligent and informed Outer Banks real estate decision. While I’ve never known a buyer who didn’t at some point in the process experience a twinge of second guessing, I am proud to say that my clients tell me over and over again just how surprisingly pleasant and stress-free their transactions were. 

I’ve told buyers who were already prequalified and anxious to buy that I hoped they would decide to wait another year before moving forward. I’ve told more than a few sellers at various points in my career that unless they really needed to sell, that I hoped they would wait to list their property. My goal is to build a relationship that will last for years; if I think we're moving too fast too soon, I'm going to say so.  

You see, this isn’t about me. It’s about you.  

Real estate transactions rarely proceed without some hiccups along the way. Usually, that comes as a shock to buyers and sellers, but a seasoned professional learns to expect the unexpected and to successfully resolve all issues along the way. 

That’s why it’s so vitally important to deal with a top producing Outer Banks real estate agent. Other agents do not possess the experience or the skills needed to handle the situations that inevitably arise. This inexperience may result in a transaction failing that otherwise would have closed.  

Most buyers and sellers believe that every Outer Banks real estate agent is alike. Think about that for a moment. In your town, do you know of a plumber who is simply an exceptional service provider? He shows up on time, goes right to work, knows what to do, and fixes the problem the first time. And, can you think of a plumber that you wouldn’t call, even if your faucet was actively leaking? 

It’s the same way with Outer Banks real estate agents. Some agents are just better than others. And the really rare ones not only know the market and have exceptional negotiating skills, they genuinely enjoy spending time with their clients and view them as friends. 

As you search online, what criteria are you using to find the right Outer Banks real estate agent to handle your transaction? 

Are you attracted to the prettiest web site, or the one that is the easiest to use? Do more links to area resources determine who you will work with? Do you believe that a native can best serve your needs? Should you trust your real estate purchase to someone whose father has a real estate business? 

There are so many agents to choose from. How do you determine which Outer Banks real estate agent is right for you?  

When you are faced with an important decision, you do your research and you determine who the very best professional is – by their experience and their qualifications alone. 

Your Outer Banks real estate purchase is a major purchase decision. Real estate is not a liquid asset. If you jump in only to discover that you wish you hadn’t, you may not be able to get out as easily.  

Are there excellent properties available at present? Absolutely! This is an extraordinary time that is rich with opportunity for buyers on the Outer Banks. The right Outer Banks real estate agent can assist you in identifying, and then securing, the property that fits your lifestyle as well as your investment goals. 

My desire for you is that you will consciously determine to work with the Outer Banks real estate agent that's right for you.  

After all, you owe it to yourself to work with only the best.  

Thanks for visiting. If you think we might be a good fit, I would welcome the opportunity to discuss your Outer Banks real estate needs with you.  

- Holleay 

HOLLEAY T. PARCKER
Broker/Owner
SPINNAKER REALTY LLC 

6 years and 8 Outer Banks real estate transactions later... 

We first met Holleay back in 2001, when we were considering our first Outer Banks real estate purchase. One conversation in her office convinced us that we had found the right Outer Banks real estate agent. We were impressed with her quiet confidence and with her extensive knowledge of the Outer Banks real estate market.  

Our first Outer Banks real estate purchase was a vacant lot with Holleay representing us as our buyer's agent. She proved to be a vigorous negotiator on our behalf, always keeping her eye on our best interests. Her attention to detail made our escrow smooth and easy, and we were pleasantly surprised that her attention to our needs continued well after closing.  

Since then, we have completed 8 real estate transactions with Holleay as our Outer Banks real estate agent. Throughout the years and with each Outer Banks real estate purchase or sale, we have come to know Holleay quite well. It has been our experience that Holleay's level of service and her skills have only improved with time.  

Six years later, we can say that our first impression not only proved correct, but has served us very well. We have indeed found the right Outer Banks real estate agent for us, for life!"  

- Jan Paul, Attorney
Mike Johnson
Hyde Park, VT 


12 Outer Banks real estate transactions with Holleay to date... 

"I've known Holleay for years now. She's assisted our family with exactly one dozen Outer Banks real estate transactions to date. 

"Holleay is a true professional - she's knowledgeable about the market, and she's the first to recognize an opportunity. 

"We consider Holleay to be a powerful asset. Often, during a real estate negotiation, we've remarked to one another how fortunate we are that Holleay's working for us, instead of the other guy. 

"If you've found Holleay, then by all means engage her services. You'll find that your Outer Banks real estate decisions just got a whole lot easier, because you're working with the best." 

- M. Richard Howell
Kitty Hawk, NC 

4 Outer Banks real estate transactions - "Holleay is more than our agent, she's a genuine, plain-spoken friend as well"  

"Terry and I met Holleay by chance one hot summer’s day in 2003 and that turned out to be our lucky day! We called to get pricing on some property we’d seen, but wound up getting an education on the ins and outs of beach property ownership. 

"Holleay didn’t have to take the time out of her busy day to help us, but we quickly found out that this is how she does business. 

"After completing 4 Outer Banks real estate transactions with Holleay, Terry and I can wholeheartedly recommend her to anyone who wants only the best real estate agent to work with. 

"If you're looking for personal attention, high moral and ethical business dealings and a genuine, plain-spoken friend to help you every step of the way, then give Holleay a call and see for yourself the difference a real pro makes! 

"We would not consider doing business with anyone else.” 

- Ron and Terri Griffith
Glen Allen, VA 


"Holleay is an expert on Outer Banks real estate..." 

"Holleay is not only incredibly knowledgeable about real estate in general, she is an expert on Outer Banks real estate. 

"Her expertise helped us tremendously, not only with our transaction, but also in educating us for making future real estate decisions. 

"She is not someone that is in business only for her own bottom line; she truly cares about her clients and is willing to go the extra mile for them. 

"My husband and I made an invaluable decision when we decided to list with Holleay! 

- Sarah Heermann
Cary, NC 

"Ken and I can't thank you enough for all you have done..." 

"Dear Holleay: 

"We would like to thank you for being as fabulous as you are! Our quest to buy a home began with contacting several agents in the Outer Banks area and you were the only knowledgeable person that responded to our e-mail.  

"Your enthusiasm and insight into the OBX housing market helped broaden our range of potential homes. Ironically, we selected a home that we originally hadn’t considered but your understanding and perception of our wish list identified the perfect home for us! 

"Our one day tour of homes must have broken all records but we appreciate your dedication to our needs and especially our wants. By the following day we had a contract in hand for a beautiful second home!  

"Ken and I can’t thank you enough for all you have done to make our dreams of owning a second home in the Outer Banks a reality. 

"Your passion and helpfulness has sparked more than just a client - real estate agent relationship; YOU have become an important part of our enjoyment of the OBX.  

"Thanks again for everything!" 

- Ken and Teresa Bingman
Newport News, Virginia 


"Holleay is the UKrop's of OBX real estate!" 

"There's a family-owned grocery chain with all but a few of its stores located in the Richmond area. They have fewer stores than any national chain does locally. They are never open on Sunday. They don't sell beer or wine. 

"For as many years as I can remember, they have topped the survey charts in total sales.

"How do they do it? 

"By providing service that is unrivaled by their competitors. 

"They always carry your purchases to the car--- tipping not allowed. When you walk in any of their stores, you feel a cut above. All of their employees are pleasant and gracious. If you're looking for any item, they will take you to it. 

"Once, as I was searching for some rarely asked for item Sally wanted, 3 employees scoured the store until they found it and brought it to me. 

"Competitors have studied what Ukrop's does--- none has come even close to imitating them.

"Holleay, you are the Ukrop's of the OBX real estate world!" 

-John Rice
Richmond, VA
 


 




Real Estate Tips
Working With An Agent >Real Estate Agent Referrals

It takes time for real estate agents to build a business. Since a lot of our success depends on referrals from satisfied buyers or sellers, we work hard to exceed your expectations for service.

If a real estate agent has done a superb job of selling your house or finding you a new one, the best way to say "thank you" is to give that person's name (and phone number!) to anyone you know who is considering a move. You are not only doing the agent a favor, you are also directing your friends to a competent, knowledgeable and experienced salesperson. Buying a house or condo can be a little scary if you don't have a strong professional guiding you through the process. Real estate agents try extra hard to please referrals of friends or pleased customers. We are in the business for the long term and prosper by giving consistently high quality service.

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Holleay Parcker, REALTOR®, real estate agent and broker for Corolla, Outer Banks and Duck, North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Holleay Parcker Broker/Owner
SPINNAKER REALTY, LLC

3900 N. Croatan Hwy MP 4
Kitty Hawk, NC 27949
Toll-free Direct: 877.207.1617
Local Mobile: 252.207.1617
Fax: 252.255.1115
Email Holleay now: holleay@OuterBanksRealEstateTips.com

eProABRSRESREALTORMLSEqual Housing


Outer Banks Real Estate - The Most Important Tip You Need to Know Before Buying Property on the Outer Banks

The most important decision you must make before purchasing Outer Banks real estate is selecting the agent you will work with. Choosing the right agent will save you time and money; choosing the wrong one may cost you both.

More than 70% of real estate buyers deal with the first agent they speak with. Don't make this costly mistake!

Research has shown that many people spend more money on their second home or investment property than they do on their primary residence. This means that your Outer Banks real estate purchase may well be the most valuable financial decision of your lives.

With so much at stake, it's important that you secure the best possible agent to represent your interests.

Why would you settle for less than the very best?

When selecting the right Outer Banks real estate agent for your needs, consider these tips:

1. Is your agent a member of the Institute for Luxury Home Marketing?

Members have received extensive training in handling exceptional properties in the upper tier market.

Whether or not you are considering a home in the million dollar range, shouldn't you choose an agent who has received the highest level of training?

I am a proud member of the Institute of Luxury Home Marketing. Only 4 other agents in the entire Outer Banks real estate market (936 agents strong) can make this claim.

2. Has your agent received the Certified Luxury Home Marketing Specialist designation?

Unlike many other designations, this one is performance-based, which means that the agent has achieved a solid track record of sales in the upper 10% of their market.

I have earned the coveted CLHMS designation, and only 2 other agents on the Outer Banks have received theirs.



3. Has your agent been recognized as a Million Dollar Guild member?

Million Dollar Guild status is accepted by real estate consumers the world over as the industry's elite. Success in the million dollar and above arena has been demonstrated and certified.

Simply put, it doesn't get better than this.

My strong performance in the luxury home tier has earned me membership in the exclusive Million Dollar Guild club.

Now that you realize that not all agents are alike, shouldn't you be calling the very best agent to assist you?

Let's talk about your Outer Banks real estate needs today. You may reach me toll-free direct at 877.207.1617.

I look forward to hearing from you.


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NUMBER1EXPERT™ in real estate for Corolla, Outer Banks and Duck, North Carolina

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