Why Does Every Broker on Oahu Have Their Own Standard Addendum?

A Broker’s Standard Addendum is designed to reduce the liability for the Broker. For example, paragraph one of the OahuRE.com Standard Addendum states that Brokers are released from any liability in areas in which professional services have been recommended and where we are not experts. The termite inspection is an example of this. We always … Read more

Honolulu MLS Rule About Contact Information

The rule for the Honolulu Board of Realtors MLS, otherwise known as HiCentral.com, is there can be no contact information in the public section of the MLS. This is important because the MLS goes out to over 1,000 other websites, and those websites do not want to be promoting competitors. If contact information was allowed … Read more

Categories MLS

How to Eliminate the Buyer’s Agent 2.5% Commission

One exclusive advantage we offer is if you find a buyer without a buyer’s agent, we will represent both sides for the $3,500 flat fee or the 2% full service fee. Because we are representing the buyer too, this gives the buyer the confidence that they will get their questions answered and get the support … Read more

Will Resetting Days on Market Help Find Buyers?

When a home is not selling, some sellers feel the need to reset the Days on Market shown in the MLS. Let’s take a closer look at how a buyer might see this. Buyers care most about the price of the home, what it looks like, and where it is located. They don’t say to … Read more

Categories MLS

Understanding Surveys on Oahu

We always check K-2 for our buyers. It is a complete survey. K-1 is normally NA. For condos surveys are not possible. If the home is a CPR sometimes surveys are possible and sometimes they are not possible. K-3 Boundary Encroachments If a property has encroachments most of the time to buyer will continue anyway. … Read more

When Sellers Have to Move Out

Paragraph J-8 shown below dictates when your stuff needs to be out, but it specifically says you can stay there until closing, although with all your stuff out of the house it is more like camping in your own home should you decide to stay until closing. Some agents will say 5 days for J-8 … Read more