Commission Removed from MLS

Aloha OahuRE.com Client,

As you probably know through the news, the National Association of Realtors has reached a settlement where buyer’s agent commissions will now be negotiated for all offers.

As of August 12, 2024, our MLS will remove any offer to the buyer’s agents to pay a commission, and going forward, there will be no reference to a guaranteed commission as there has been in the past.

Client Care will be sending out a form to sign stating this, as the Hawaii Association of Realtors wants to make sure all sellers are aware of this.

When you receive an offer, you might receive a request for a specific commission, and you can now negotiate it just like every other term on your offer.

I know some of our sellers have already chosen to negotiate commission, but now all listings from all sellers nationwide will negotiate commission.

Please keep in mind that along with this change, buyers will not be able to see a home with a realtor without signing a representation agreement that promises to pay that realtor a certain amount. The amount can be a fixed fee or a percentage of the contract price.

The buyer’s agent is not allowed to collect anything over this fixed amount from anyone. This is important, as this will prevent Realtors from saying they will show a home for $10 or some other low amount because if they put that on the contract, that is all they can collect, no matter what.

This means if you decide not to pay the buyer’s agent a commission, the buyer must still pay their agent the amount they agreed to. 

This could be an issue as a buyer might be more likely to cancel escrow if they promised to pay 2% to their agent and the seller is not covering it.

I also expect a lot more buyers to want to see properties without an agent, which offers an opportunity for sellers to sell to a buyer without using an agent, and thereby not have to pay any buyer’s agent commission.

The reason for this is buyers are used to working with a buyer’s agent at no charge, but now, before they can work with a Realtor, they have to sign an agreement, and that agreement might stipulate they will pay the agent 2% or more at closing.

Putting myself in a buyer’s shoes, I would not want to sign an agreement like that right off the bat; I would prefer to see the house at an Open House or set an appointment directly to see it without any promises having to be made to pay a Realtor.

This could work to the buyer’s advantage too, because if a buyer comes to a seller with no Realtor, thereby no buyer’s agent commission has to be paid, and this is attractive for the seller, so it increases the opportunity for the buyer to have their offer accepted.

No one knows precisely how all this will play out. It is just speculation at this point. 

My recommendation is not to state verbally or via email how much commission you might be willing to pay. I think the best course of action is to get an offer, review the offer price, the commission requested, and all other details, then decide what to do and if you want to counter the offer price, the commission, or both.

Please let us know if you have any questions.

Thanks 

Flat Fee Buyer’s Representation Coming Soon

The landmark settlement from the Naitional Association of Realtors means many buyers will not be using an agent to see homes. They will see them on their own.

After all, buyers know when they see a home they like. It is a very personal decision, you don’t need an agent to tell you what you like or don’t like.

However, you might not be comfortable having the same agent that is representing the seller’s best interest representing you.

In this case we will offer a flat fee for buyers who want their own representation to negotiate the offer, and manage the escrow process to make sure they understand all their contingencies and are treated fairly.

There also might be an option to visit the property with your agent to hear what they think the property is worth and see if they point out any things you might have missed.

I am not sure on the price yet, but I can tell you our $3,500 Flat Fee Selling option is very popular, so sellers love the flat fee arrangement and buyers probably will too.

Advantages of Living in Kawela Bay

Nestled along the North Shore of Oahu, Kawela Bay beckons with its pristine beauty and laid-back charm. While it may not have the bustling energy of Waikiki or the vibrant nightlife of Honolulu, Kawela Bay offers a unique and idyllic escape for those seeking tranquility, stunning natural scenery, and a strong sense of community. Here’s a glimpse into the many advantages of living in this picturesque paradise:

A Beach Lover’s Paradise:

  • Breathtaking Beauty: Kawela Bay boasts a postcard-perfect expanse of golden sand, lapped by crystal-clear turquoise waters. Imagine long walks on the beach, the gentle rhythm of waves serenading you, and breathtaking sunrises painting the sky in a kaleidoscope of colors.
  • Ocean Playground: Dive into the vibrant underwater world teeming with colorful fish and coral reefs. Catch some waves at Kawela Bay’s renowned surf spot, affectionately known as “Baby Pipeline.” Or simply relax under the warm Hawaiian sun and soak up the tranquility of this beachfront haven.

Nature’s Embrace:

  • Majestic Koolau Mountains: Hike through lush rainforests or climb to the scenic peaks of the Koolau Mountains, where panoramic views of the island and the vast Pacific Ocean await. Immerse yourself in the verdant beauty of Hawaii and discover hidden waterfalls and breathtaking vistas.
  • Turtle Sanctuary: Witness the awe-inspiring sight of endangered sea turtles basking on the shores of Kawela Bay. This protected area offers a unique opportunity to connect with these gentle giants and learn about their vital role in the ecosystem.

Community Charm:

  • Small-Town Vibe: Kawela Bay exudes a laid-back charm, far from the hustle and bustle of Honolulu. Here, neighbors greet each other with smiles, and the pace of life slows down, allowing you to truly connect with yourself and your surroundings.
  • Rich Cultural Heritage: Immerse yourself in the rich cultural heritage of Hawaii. Attend traditional luaus, learn to surf from local experts, and savor the flavors of authentic Hawaiian cuisine. Kawela Bay offers a chance to experience the true spirit of Aloha.

Additional Advantages:

  • Variety of Activities: From kayaking and paddleboarding to horseback riding and golfing, there’s something for everyone in Kawela Bay. Explore the nearby Polynesian Cultural Center, discover hidden tide pools, or simply relax under the palm trees and soak up the island sunshine.
  • Relatively Affordable: Compared to other parts of Oahu, Kawela Bay offers a more affordable cost of living, making it an attractive option for families and budget-conscious individuals.

Things to Consider:

  • Limited Amenities: Kawela Bay has a limited selection of stores and restaurants, so be prepared to venture out for specific needs.
  • Remote Location: Located on the North Shore, Kawela Bay is further away from the main attractions and nightlife of Honolulu. Consider your preferred lifestyle and transportation options before making your decision.

Ultimately, Kawela Bay’s appeal lies in its pristine natural beauty, strong sense of community, and laid-back charm. If you’re seeking an escape from the ordinary, a chance to reconnect with nature and experience authentic Hawaiian culture, Kawela Bay might just be your perfect island haven. Remember, every place has its own pros and cons, and the best fit for you depends on your individual priorities and lifestyle. Weigh the advantages and consider the potential drawbacks before making your decision. But if you’re longing for a peaceful and picturesque island escape, Kawela Bay is definitely worth exploring.

I hope this information helps you decide whether Kawela Bay is the right place for you. If you have any other questions, feel free to ask!

Advantages Of Living in Nanakuli

Nestled on the western coast of Oahu, Nanakuli offers a unique and vibrant island lifestyle that might be the perfect fit for you. While it may not have the bustling energy of Waikiki or the serene beauty of Kahana, Nanakuli boasts its own set of advantages that cater to a specific kind of resident. Here’s a glimpse into why you might consider calling Nanakuli home:

Nature’s Embrace:

  • Stunning Scenery: Nanakuli is cradled by lush green mountains and kissed by the turquoise waters of the Pacific Ocean. Imagine waking up to panoramic views, the scent of plumeria in the air, and the rhythm of waves serenading you to sleep.
  • Outdoor Paradise: Hike through the verdant Koolau Mountains, kayak in the calm waters of Nanakuli Beach Park, or catch some waves at Makaha Beach. Nature lovers will find endless opportunities for adventure and rejuvenation in Nanakuli’s backyard.

Community Charm:

  • Strong Sense of Community: Nanakuli fosters a close-knit community where neighbors know each other and look out for each other. This warm and welcoming atmosphere is especially ideal for families and those seeking a sense of belonging.
  • Rich Cultural Tapestry: The neighborhood celebrates its diverse heritage with vibrant cultural events, traditional luaus, and mouthwatering local cuisine. Immerse yourself in the spirit of Aloha and discover the unique blend of cultures that make Nanakuli special.

Peaceful Tranquility:

  • Escape the Crowds: Unlike the more tourist-centric areas of Oahu, Nanakuli offers a peaceful escape from the hustle and bustle. Enjoy the serene beaches, quiet streets, and the gentle pace of life that allows you to truly unwind and reconnect with yourself.
  • Affordable Living: Compared to other parts of Oahu, Nanakuli boasts a more affordable cost of living, making it an attractive option for budget-conscious individuals and families. Owning a home or renting a spacious apartment becomes a more realistic dream in this charming neighborhood.

Things to Consider:

  • Limited Amenities: While Nanakuli has some essential stores and restaurants, it may not offer the same range of amenities as other Honolulu neighborhoods. Be prepared to venture out for specific needs or desires.
  • Transportation: Public transportation options are limited in Nanakuli, so having a car is advisable for getting around conveniently.

Ultimately, Nanakuli’s appeal lies in its unique blend of stunning natural beauty, strong community spirit, and peaceful tranquility. If you’re seeking an escape from the ordinary, a chance to connect with nature and culture, and a place to call your own at an affordable price, Nanakuli might just be your perfect Hawaiian haven.

Remember, every place has its own pros and cons, and the best fit for you depends on your individual priorities and lifestyle. Weigh the advantages and consider the potential drawbacks before making your decision. But if you’re looking for an authentic and affordable island experience that’s off the beaten path, Nanakuli is definitely worth exploring.

Advantages of Living in Palama

Palama, a hidden gem nestled in the heart of Honolulu, beckons with a vibrant mix of affordability, community, and island charm. So ditch the guidebooks and trade the crowded beaches for a neighborhood that offers a truly authentic taste of Oahu life.

Location, Location, Location: Palama’s central position boasts easy access to everything Honolulu has to offer. Downtown’s bustling energy is just a stone’s throw away, while Ala Moana Beach Park and Magic Island are your gateways to sun-kissed shores and turquoise waters. Public transportation ensures you can explore far and wide without breaking the bank on cab fares.

A World of Cultures: Forget cookie-cutter communities. Palama’s streets thrum with the infectious energy of its diverse residents. Filipino, Samoan, and Portuguese cultures intertwine, shaping a tapestry of vibrant festivals, delectable street food, and unique shops. Immerse yourself in the “Aloha Spirit” and discover the true heartbeat of Oahu.

Family-Friendly Haven: Palama wraps its arms around families with open arms. Schools, parks, and a genuine sense of community make it a safe and nurturing environment for your keiki (children) to thrive. Neighbors watch out for each other, creating a bond that transcends mere streets and houses.

Affordable Aloha: Unlike pricier Honolulu neighborhoods, Palama offers a welcoming entry point for first-time homeowners and young families. Find your dream home without breaking the bank and enjoy the freedom that comes with owning a piece of paradise.

More Than Just Basics: Grocery stores, restaurants, and convenience stores line Palama’s streets, ensuring you have everything you need within easy reach. But its charm goes beyond necessities. Historic buildings stand as silent sentinels to the past, whispering tales of old, while new developments promise a revitalized future for this up-and-coming neighborhood.

Palama’s Potential: Don’t be fooled by its unassuming exterior. This neighborhood is buzzing with growth. New initiatives and community projects are breathing fresh life into its streets, promising a future brimming with possibilities. Be a part of the story, witness the transformation, and become a pioneer in Palama’s exciting next chapter.

Palama might not have the flashy glamour of Waikiki, but its soul shines brighter. It’s a community where neighbors become family, where affordability meets opportunity, and where the true spirit of “Aloha” thrives. So come, explore beyond the tourist hordes and discover the warmth, vibrancy, and endless possibilities that await you in the heart of Honolulu, right in the heart of Palama.

Advantages of Living in Ahuimanu Hills

Ahuimanu Hills, a verdant tapestry woven into the slopes of Oahu’s Koolau Mountains, is more than just a place to live – it’s a vibrant symphony of natural beauty, cultural richness, and convenient comfort. Let’s dive into the chorus of advantages that make this hillside haven a haven for residents and visitors alike:

Nature’s Symphony:

  • Breathtaking Scenery: Wake up to the Koolau Mountains’ emerald majesty kissing the clouds, their peaks like silent guardians watching over the valley. Hike through lush rainforests teeming with life, or bask on golden beaches where waves whisper secrets to the shore.
  • Outdoor Playground: Hike the Kuliouou Ridge Trail, a stairway to panoramic vistas, or kayak through turquoise waters alive with coral reefs and playful dolphins. Snorkel in Hanauma Bay, a technicolor wonderland teeming with fish, or feel the spray of a waterfall hike.
  • Year-Round Comfort: Trade in extreme weather for Ahuimanu Hills’ gentle embrace. Warm sunshine paints the days, cool breezes whisper through valleys, and refreshing rain cleanses the air, leaving a scent of plumeria and possibility.

Cultural Tapestry:

  • Sense of Community: Ahuimanu Hills isn’t just a neighborhood, it’s a family. Block parties erupt with laughter and music, potlucks burst with flavors, and helping hands are always extended. Aloha spirit thrives here, weaving a sense of belonging for all.
  • Hawaiian Legacy: Immerse yourself in the rich tapestry of Hawaiian culture. Visit the Byodo-In Temple, a serene oasis replicating Kyoto’s famed temple, or learn the rhythm of the hula at a local halau (hula school).
  • Culinary Adventure: Embark on a delicious journey through Ahuimanu Hills’ diverse culinary scene. Savor fresh seafood poke bowls, fragrant kalua pork simmered in an imu (underground oven), or melt-in-your-mouth malasadas dusted with cinnamon sugar. Don’t miss the shave ice, a symphony of syrups and flavors dancing on a bed of fluffy ice.

Convenience & Comfort:

  • Top-Rated Schools: Ahuimanu Hills’ keiki (children) are well cared for in reputable public schools like Kahuku Elementary and Kahuku High School. Private schools like Punahou and Kamehameha Schools offer excellent alternatives.
  • Shopping & Services: No need to venture far for everyday needs. Grocery stores, shopping centers, banks, and other essential services are within easy reach. Kailua Town, a short drive away, brims with more shops, restaurants, and entertainment options.
  • Transportation Ease: Kamehameha Highway whisks you to Honolulu or around the island with ease. Public buses provide convenient options for commuting and exploring.

Bonus Melodies:

  • Safety & Security: Ahuimanu Hills rests easy knowing it’s a safe and peaceful community with low crime rates.
  • Family-Friendly Charm: Parks, playgrounds, and activities abound, making Ahuimanu Hills a haven for keiki of all ages to laugh, play, and grow.
  • Relaxation Rhapsody: Trade city’s clamor for Ahuimanu Hills’ tranquil pace. Let the ocean’s lull soothe your soul, the mountain breeze wash away your worries, and the starlit sky ignite your dreams.

Ahuimanu Hills is more than just a list of advantages; it’s a vibrant kaleidoscope where nature’s beauty dances with cultural richness, convenience chimes in perfect harmony, and the melody of life plays on repeat. So come, let Ahuimanu Hills weave its magic around you, and discover the symphony of possibilities waiting to be heard.

Advantages of Living in Maili Sea-Palekai

Nestled along Oahu’s west coast, Maili Sea-Pālekai isn’t just a neighborhood; it’s a hidden paradise. Imagine secluded beaches lapped by turquoise waters, lush rainforests whispering secrets, and a warm community with hearts as big as the Pacific horizon. Here, island life unfolds at a gentle pace, inviting you to trade city stress for serene sunrises and starlit nights.

Oceanfront Paradise:

Stunning beaches: Imagine waking up to the sound of waves lapping against the shore and stepping onto soft, golden sand. Maili Sea-Pālekai boasts some of Oahu’s most secluded and serene beaches, perfect for swimming, sunbathing, snorkeling, and surfing.

Ocean activities: From kayaking and stand-up paddleboarding to diving and whale watching, the ocean is your playground in Maili Sea-Pālekai. Explore vibrant coral reefs teeming with marine life or simply relax on the beach and soak up the sun.

Nature Lover’s Dream:

Lush rainforests: Hike through lush rainforests bursting with exotic flora and fauna. Discover hidden waterfalls tucked away in the greenery and breathe in the fresh, clean air.

Waianae Mountains: Hike to the top of the Waianae Mountains for breathtaking panoramic views of the island. Challenge yourself with scenic trails and be rewarded with stunning vistas.

Warm and Welcoming Community:

Aloha spirit: Immerse yourself in the warm embrace of the local community. Friendly smiles and genuine conversations are as abundant as the sunshine. Share stories with fishermen at the harbor, learn to hula at a community gathering, or join a beachside potluck and savor fresh island flavors.

Strong sense of belonging: Maili Sea-Pālekai isn’t just a place; it’s a feeling. This tight-knit community welcomes newcomers with open arms and makes you feel like ohana (family).

Beyond the Beach:

Excellent schools: Raise your keiki (children) in a supportive and nurturing environment with access to quality education.

Local shops and restaurants: Discover charming shops selling local crafts and souvenirs, and savor delicious restaurants serving up fresh seafood and island specialties.

Convenient amenities: While Maili Sea-Pālekai offers a serene escape, you’ll still find all the essential amenities you need, including grocery stores, medical facilities, and even a golf course, just a short drive away.

Island Life Within Reach:

Relaxed pace: Escape the city’s hustle and bustle and embrace the laid-back island lifestyle. Savor the slow pace of life and enjoy the simple pleasures of spending time with loved ones and connecting with nature.

Easy access to Honolulu: If you need a dose of city life, Honolulu is just a quick drive down the coast. Enjoy the best of both worlds with the tranquility of Maili Sea-Pālekai and the excitement of Honolulu within reach.

Ready to Make the Move?

Maili Sea-Pālekai offers a unique opportunity to experience the magic of Hawaii. With its stunning natural beauty, friendly community, and abundance of activities, this hidden gem is the perfect place to call home if you’re seeking an escape from the ordinary and a life filled with aloha spirit.

P.S. Don’t forget to pack your swimsuit, sunscreen, and adventurous spirit! Island life awaits!

I hope this information helps you decide if Maili Sea-Pālekai is the right place for you. If you have any further questions, feel free to ask!

Advantages of Living in Tantalus

Tantalus, nestled above the bustling heart of Honolulu, isn’t just a neighborhood – it’s an escape. Perched on the slopes of the Koolau Mountains, it offers breathtaking views, a serene escape from the city’s clamor, and a unique blend of advantages for those seeking a truly elevated Hawaiian lifestyle.

1. Breathtaking Beauty on Your Doorstep: Wake up to panoramic vistas of the Pacific Ocean, Diamond Head Crater, and the lush rainforest canopy. Tantalus is a nature lover’s paradise, with hiking trails winding through verdant valleys and hidden waterfalls waiting to be discovered.

2. A Tranquil Escape: Bid farewell to the city’s noise and embrace the quiet serenity of Tantalus. Winding streets lined with mature trees and charming homes create a peaceful haven, perfect for those seeking a respite from the urban grind.

3. A Community with a View: Tantalus fosters a strong sense of community, where neighbors become friends and share the magic of their elevated oasis. Community events and gatherings connect residents, fostering a sense of belonging and shared appreciation for their unique location.

4. Urban Convenience at a Distance: While offering peaceful seclusion, Tantalus remains conveniently close to the city’s amenities. Downtown Honolulu is a short drive away, granting access to restaurants, shops, cultural offerings, and entertainment.

5. Educational Excellence: Tantalus boasts some of Oahu’s top-rated schools, offering families exceptional educational opportunities for their children. This makes it an ideal location for raising a family in a safe, nurturing environment with a strong academic foundation.

6. A Historical Gem: Tantalus is steeped in history, with landmarks like the Lyon Arboretum and the Tantalus Lookout offering glimpses into the past. Explore historical sites, learn about the area’s rich heritage, and appreciate the unique character of this neighborhood.

7. A Sanctuary for the Active Soul: From hiking and biking trails to rock climbing and yoga classes, Tantalus caters to the adventurous spirit. Embrace the outdoors, challenge yourself physically, and revel in the invigorating energy of nature.

8. A Celebration of Aloha: The aloha spirit permeates Tantalus. From friendly smiles exchanged on neighborhood walks to community gatherings filled with laughter and music, experience the warmth and hospitality that defines Hawaiian culture.

Living in Tantalus isn’t just about location; it’s about a lifestyle. It’s about waking up to breathtaking views, embracing a peaceful community, and enjoying convenient access to urban amenities while immersing yourself in the beauty of nature. While not for everyone, Tantalus offers a unique opportunity to live on the edge of paradise, where serenity and convenience coexist in perfect harmony.

Advantages of Living in Pearl City Lower

Nestled amidst the bustling cityscape of Oahu, Pearl City Lower whispers promises of affordability, community spirit, and natural beauty. Often overshadowed by neighboring districts, this hidden gem offers a unique blend of urban convenience and serene escapes, making it a haven for families and those seeking a peaceful island life. So, let’s dive into the reasons why Pearl City Lower might just be your perfect Hawaiian oasis:

1. Affordability Takes Center Stage: Compared to pricier parts of Oahu, Pearl City Lower offers a breath of financial fresh air. Housing options here range from cozy condos to spacious single-family homes, all at accessible price points. The cost of living in general is lower too, meaning your island life won’t drain your bank account.

2. Family First: Strong community vibes set Pearl City Lower apart. Top-rated schools, safe streets, and an abundance of parks and playgrounds create a nurturing environment for children to flourish. Neighborhood events and activities foster a sense of belonging and make memories that last a lifetime.

3. Nature’s Calling: Escape the urban hum and find solace in the natural wonders surrounding Pearl City Lower. Hike through the verdant slopes of Mount Zion, explore the scenic Pearl Harbor Bike Path, or relax on the sandy shores of nearby beaches. Nature’s beauty is always within reach, offering a welcome respite from the hustle and bustle.

4. Convenience at Your Doorstep: While offering peaceful surroundings, Pearl City Lower remains conveniently connected. Downtown Honolulu is just a short drive away, granting access to the city’s vibrant offerings like museums, theaters, and diverse cuisine. Public transportation options abound, making getting around a breeze.

5. Local Charm Unveiled: Beyond the tourist traps, Pearl City Lower pulsates with authentic Hawaiian spirit. Visit the Pearl City Farmers Market for fresh, local produce, savor island specialties at family-run restaurants, and attend community events that showcase the rich cultural heritage of the area. Immerse yourself in the aloha spirit and become part of the welcoming fabric of the neighborhood.

Living in Pearl City Lower isn’t just about location; it’s about a way of life. It’s about raising a family amidst a supportive community, embracing the beauty of nature, and having easy access to urban conveniences. While not as widely known as its flashier counterparts, Pearl City Lower offers a quiet charm and an authentic Hawaiian experience waiting to be discovered.

Remember, this is just a starting point. Feel free to explore specific aspects of Pearl City Lower that make it unique, like highlighting hidden gems like the Pearlridge Center or sharing personal anecdotes about the strong community spirit. You can also personalize the language to resonate with your target audience, whether it’s families, young professionals, or those seeking an affordable island retreat.