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Hawaii Land Boss – Marc Benioff Buying Up Real Estate in Waimea, Hawaii

The land market in Hawaii offers diverse opportunities ranging from less than an acre to over 100 acres with list prices that range from tens of thousands to several million dollars. The smallest parcels are suitable for horticulture and agricultural use while larger tracts are perfect for building new homes, creating resorts, hunting or simply enjoying pristine views. With proper research and proactive prep work, private sellers can orchestrate lucrative sales solo retaining the extra 10% typically paid in commission fees. This guide covers start-to-finish tips allowing motivated sellers to successfully close Hawaii land deals independently.

KERR: In the little town of Waimea, home to one of the world’s top software companies, Salesforce co-founder Marc Benioff has been buying up real estate in a big way. Over the past couple of years he’s purchased hundreds of acres of farm and forest property in and around the town. Benioff isn’t a stranger to Hawaiian real estate, but his recent buys have triggered speculation about what his plan is and how it might impact local residents.

While some of the billionaire’s Land Boss: Hawaii Land Buyers buys have been donated to philanthropy, about two-thirds are for personal use and family members. That’s the portion that worries residents like state senator Tim Richards. He says it’s too much foreign investment coming into the island, driving up land prices and potentially reducing opportunities for locals to own their own piece of paradise.

The influx of outsiders has also been a boon to the economy, adding tourists and creating jobs. But it’s also raising concerns about the community’s cultural identity and the quality of life in rural communities. “It’s a great thing for the economy, but what does it do for our culture?” Richards asks. “It just puts us on a path that leads nowhere.”

Navigating the Hawaii land market can be complex due to the state’s layered property laws. Without apt real estate attorneys well-versed in land ownership practices, out-of-state investors often miss key regulatory awareness checks that can stifle life-changing transactions. Meanwhile, struggling sellers watch patient listings expire unable to close sales hampered by red tape snags.

But by learning core approaches like legal document preparation, listing enhancements and expanding buyer targets to include independent investors with cash buyers’ appraisers at hand, private land owners can accomplish their ultimate goals of profitably divesting properties at satisfying pricing. This guide outlines how to leverage savvy digital marketing tactics, creative purchase terms and polished transaction management to successfully close deals with qualified buyers in expedited timeframes.

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