Why Is It Important To Be Multi-Cultural In Real Estate – Jason Wong
On this episode of The Closing Table, we sat down with Jason Wong!
To watch the full episode, check it out on YouTube below. In the meantime, here’s a summary of the conversation…
Here’s what you missed from Jason Wong…
Licensed in Vancouver, Canada in 2004, Jason’s real estate journey took off with notable success, even landing him on a Canadian reality TV show before multi-million dollar listings became popular. Specializing in assisting investors in managing their portfolios, Jason, who receives most of his business through referrals, expanded his expertise to cover both commercial and residential properties across all the islands in Hawaii, with his base in Honolulu.
In addition to his real estate prowess, Jason is a certified matchmaker and relationship coach, a certification earned in New York. He finds joy in assisting people with their relationships and building their confidence.
Operating in the captivating landscape of Hawaii, known for its beautiful beaches, resorts, and surfing, Jason navigates both the commercial and residential real estate sectors. Hawaii’s unique market dynamics, marked by limited land and high demand, make for an intriguing backdrop to Jason’s real estate ventures.
Beyond the conventional approach, Jason emphasizes the often-underappreciated specialty of being client-oriented. His insights highlight the significance of individual inventory over national data and shed light on the constant demand from relocation and retirement families for properties in Hawaii.
Jason’s diverse cultural background becomes a pivotal tool in facilitating transactions, breaking down communication barriers, and providing an extra edge in negotiations. His ability to bridge cultures is not limited to Chinese clients, as he narrates an example of aiding a Caucasian family in marketing their property with cultural nuances. Being multilingual, according to Jason, opens up avenues for reaching a broader audience in real estate. This, in turn, broadens the pool of potential buyers for clients, significantly increasing their chances of finding the right offer.
Having achieved the title of the number one top producer in Oahu in 2002, Jason attributes this milestone to hard work, dedication to clients, and seeing himself as a cheerleader for their success. Building rapport and keeping clients in the loop are key components of his successful transactions.
Navigating the intricacies of building new homes in Hawaii, Jason delves into the challenges of the lengthy permit process, the high cost and time associated with shipping construction materials, and the astronomical cost of living that adds to the expenses of renovation work.
Providing insights into the practicalities of real estate in Hawaii, Jason suggests buying existing condos or houses with occupancy permits as a cost-effective option. He delves into the high costs associated with plumbing and electrical work, making renovations expensive in an already pricey living environment.
Jason’s approach to real estate transactions revolves around a simple formula: listen, research, prepare, market, negotiate, and close. He underscores the importance of active listening, focusing on fulfilling clients’ needs, and building a heart-to-heart connection.
Beyond real estate, Jason’s prowess extends to matchmaking, sharing stories of successfully pairing clients who later got married and purchased homes together, with Jason as their realtor.
Jason concluded the conversation drawing inspiration from the world of television, citing an episode of Sex and the City where a character’s resilience inspires him to stay positive and overcome challenges in both his personal and professional life.
Check out Jason Wong:
Facebook: https://www.facebook.com/jasonwonghawaii
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