Flat fee real estate agents charge a set fee for their services, regardless of the sale price of your home. This can save you a significant amount of money, especially if you are selling a high-priced home. Here are some of the advantages of using a flat fee real estate agent: If you are considering … Read more
Selling your home can be a complex and time-consuming process. There are many factors to consider, such as pricing, marketing, and negotiations. If you are considering selling your home, you may be wondering whether to use a real estate agent or sell your home “For Sale By Owner” (FSBO). There are pros and cons to … Read more
The National Association of Realtors released this information in response to lawsuits against them. They claim all the issues shown in the image would happen if the buyer pays their agent for their services instead of the seller. Their response assumes the MLS disappears, which would not happen. If the buyer pays for their agent’s … Read more
This was an interview I did on KITV news regarding the current state of the Real Estate market. https://www.kitv.com/news/local/honolulu-home-sales-down-low-inventory-means-few-days-on-market/article_cfce555c-ee3b-11ed-aec7-bf1eedec86e0.html
WRITTEN BY OSCAR LIBED of Inspect Hawaii From last month’s article, Are Home Inspectors Deal Makers or Deal Breakers?, we continue the discussion on the “Good Home Inspector”. A 2015 survey of 160 Realtors was conducted by a vendor of Home Inspection software services to determine the criteria in selecting a Home Inspector. Here are the … Read more
Should you decide to pay a fixed, non-negotiable buyer’s agent commission, we recommend either 2% or 2.5%. The first chart shows the buyer’s agent commission paid on Active listings. Here you can see the most popular option is a 2.5% commission to the buyer’s agent. The second chart below shows the percentage of listings that … Read more
If you include a commission for the buyer’s agent in the MLS, such as 2.5% or 3%, you must pay that amount when you receive an offer. The MLS has a rule that all aspects of your offer are negotiable except for the buyer’s agent commission. This means that you cannot ask to lower the … Read more
Home sales have now dropped below the very lowest level during the COVID crisis. Also, the Fed is not done raising interest rates.
As pending home sales have dropped lower than the 2008 housing crash, it is an excellent time to revisit what happened in 2008, as it seems we are going there again. In June 2007, the median Single Family Home price on Oahu was $685,000. It went down and did not recover to $685,000 until December … Read more
Investors seem to think so based on the 1-year stock declines for the biggest Real Estate public companies.