Home » Community » Members

Real Estate Agent

Joined 03/10/2008

Patrick Rabelo

Realtor

Keller Williams Realty--Rabelo Group

Send Email | Website

After graduating from Saint Mary's College of California, with a degree in Business Administration and Economics, Patrick worked for companies in the communication and technology sectors. The list includes, AT&T, Pacific Bell, SBC, Cisco Systems, and Zhone Technologies.

Patrick has been a Real Estate Practitioner since 2004 and has worked for Prudential California Realty over the past four years. During his four year stay, Patrick's colleagues twice voted for him to receive the prestigious Thomas R. Stone Associate of the Year Award. Recipients of the award meet the criteria of adhering to the principals of the REALTORS® Code of Ethics, outstanding moral character, and community service involvement. In January 2008, Patrick started a new chapter in his Real Estate career by joining Keller Williams Realty.

In 2007 and 2008, Patrick was awarded the Presidential Volunteer Service Award from the President's Council for service and civic participation. The President's Volunteer Service Award provides thanks and honor to Americans who, by their demonstrated commitment and example, inspire others to engage in volunteer service. Patrick received a gold award for participating in over 500 hours of volunteer service time.

Originally from Oakland, California, Patrick migrated to the Central Valley in 1996. Throughout his career, he's tried to develop a passion for being a service oriented, community focused Realtor. At Keller Williams Realty, the culture of the organization is synchronous with his personal ideals. This combination creates an environment conducive to mutual success and a thriving real estate practice.

My Groups

My Comments

  • To the April 18, 2008 -
    By Patrick RabeloApril 18, 2008 - 7:13am

    To the April 18, 2008 - 5:51am writer. There isn't anything that leads me to believe that Realtors cannot work hourly. The reality is that being paid hourly is not a customary practice and maybe it is something that the profession should look into. As for rebates, the Real Estate Settlement Procedures Act was enacted with the purpose of eliminating kickbacks and referral fees that unnecessarily increase the costs of certain settlement services. As an example, aren't rebates of an agent's commision reducing the costs of settlement services to the buyer and, therefore, reducing the net costs of settlement services? If one agrees with the concepts of RESPA, then, there is no need for a seller to reduce their listing price because of the rebate. If anything, rebating a portion of an agent's commission will help increase profit to the seller and reduce the settlement costs for the Buyer. It seems like a win/win situation because sellers can benefit from a slightly higher price and buyers benefit because of the rebate they receive from their respective agent's commission. The agents may not be too excited about giving back commissions, though. Ultimately, rebates can be a good or bad thing depending on what guidelines are in place to enforce compliance.

  • If compensation is the
    By Patrick RabeloApril 17, 2008 - 1:27am

    If compensation is the issue,then, why not allow Real Estate Professionals to charge by the hour like Doctors, Lawyers, and other professionals? Consumers would have the freedom to select a Realtor solely on price and one would not have to worry about commissions being set by Listing Agency or rebates. As for Realtors, an hourly rate comparable to a Doctor or Attorney sounds very attractive especially in a market where Buyers tend to expend a great deal of time looking at several homes before making a decision. Most Attorneys charge around $300.00 per hour preparing agreements, counseling clients, or speaking on the phone. Moreover, Attorneys do not make house calls and require their clients to meet them at their offices at times convenient for them. This sounds very appealing!

Friends

  • I do not have any friends at ths time.