America’s Hardest Market for Home Sellers — $700 Billion in Listings Stuck on the Market as Inventory Hits All-Time High

If you’re trying to sell your home right now, brace yourself: this is shaping up to be one of the most difficult markets for sellers in U.S. history. A staggering $698 billion worth of home listings are now sitting on the market nationwide — the highest total ever recorded since Redfin began tracking the data … Read more

Why a Flat Fee Listing Saves You Money

When you choose a flat fee listing, like my $3,500 service on Oahu, you save big compared to traditional real estate commissions. Here’s why: No Percentage-Based Commission: Traditional Realtors typically charge 2.5-3% of your home’s sale price. For a $1,000,000 Oahu home, that’s $25,000-$30,000. With a flat fee of $3,500, you keep $21,500-$26,500 in your … Read more

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 … Read more

Sue the Realtor?

From last month’s article, Why do a Seller’s Inspection?, we continue the discussion on the legal implications of “Information Asymmetry.” BY OSCAR LIBED OF INSPECT HAWAII Photo: courtesy of Inspect Hawaii What is Information Asymmetry? In contract theory and economics, Information Asymmetry deals with the study of decisions in transactions where one party in a transaction is in … Read more

The Best Way to Sell Your Home in Oahu

Selling a house in Oahu can be a daunting task, but it doesn’t have to be. By following these tips, you can increase your chances of selling your home quickly and for the best price possible. 1. Choose the right real estate agent A good real estate agent can make all the difference in the … Read more

What is the MLS?

MLS stands for Multiple Listing Service. It is a database of homes for sale that is used by real estate agents. When a real estate agent lists a home for sale, they add it to the MLS database. This allows other real estate agents to see the listing and show it to their clients. The … Read more