It is frustrating to lose your dream home when there are multiple offers. Here are some tips to help make your offer the one that is accepted. Summary Check List How Many Offers Are There? Anything Special the Seller Needs? Understand Comparables Sales Decide on What Price to Offer Add an Appraisal Clause Add an …
How to Get Your Offer Accepted When There Are Multiple Offers Read More »
Many times buyers have to cancel during the escrow process. The most likely reason for canceling is they are not satisfied with the inspection. Another reason could be they do not like something they found out on the disclosure statement. The 3rd big reason for canceling is they can’t get the loan. If they have …
How to Get Your Money Back When Canceling Escrow Read More »
For the first time ever we closed today on a $2,400,000 Kailua home that was offering only $1, yes ONE DOLLAR commission. The MLS does not allow a seller to negotiate the commission down, but they do allow the seller to pay Realtors more commission (isn’t that nice of them LOL), so putting in $1 …
This market has to slow down. It can’t sustain a 19.1% increase every year like it had this year for April.
Realtors nationwide are going crazy because last Friday a federal judge granted class-action status in a lawsuit seeking to recover $1 Billion from Realtors. Realtors are saying they already spent that money and making a buyer pay their Realtor will hurt consumers. In summary, the idea of a buyer being able to pay less than …
Class Action Lawsuit Against Realtors is Granted Read More »
If you’ve vacationed in Oahu, you’ve likely hiked along the Diamond Head State Monument trails, toured the Pearl Harbor National Memorial, and relaxed at the infamous Waikiki Beach. You’ve probably thought that living in Oahu could be a dream come true, and you’d be right. Also known as “The Gathering Place,” Oahu is home to …
Should I Buy a Condo or Single Family Home in Oahu? Read More »
The first quarter of 2022 closed with new record median sales prices for both single-family homes and condos at $1,150,000 and $515,500, respectively. In March, single-family home sales fell 11.1% year-over-year, while the condo market sales volume remained strong with a 7.3% rise compared to March last year. “More luxury sales coupled with declining affordable …
We just put a home in escrow today that was only offering $1 in Realtor’s commission. It got a lot of Realtors upset as you can imagine, but I explained to them they can put a commission amount on their offer, so they can make more than $1. The winning offer did just that. The …
OahuRE.com is now one of the first sites on Oahu to show the buyer’s agent commission for all listings as we just got permission today to do so. Unfortunately, it is non-negotiable still, but at least buyers can see how much their agent is getting paid. The buyer’s agent commission is paid for by the …
The Buyer’s Agent Commission Now Shows On OahuRE.com Read More »
Great article on Leasehold. This paragraph stood out. “The drumbeat for lease-to-fee conversion culminated in a 1984 U.S. Supreme Court decision that held the state could use eminent domain to force landowners to offer fee simple land ownership to leasehold tenants. Over the next 20 years, many single-family homeowners were able to purchase the land …
The local market stats just came out today I see some areas having less closed sales and a lower median sale price. Perhaps that is a sign the market is cooling a bit which is really needed.
View the news segment on Monster Homes on KITV News. https://www.kitv.com/news/local/controversial-19-bedroom-15-bathroom-kalihi-home-up-for-sale-at-nearly-3m/article_01f1b3c8-8bad-11ec-8e2f-678e83fed1fe.htmlhttps://www.kitv.com/news/local/controversial-19-bedroom-15-bathroom-kalihi-home-up-for-sale-at-nearly-3m/article_01f1b3c8-8bad-11ec-8e2f-678e83fed1fe.html
