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
Oahu is home to many beautiful golf courses that offer breathtaking views and challenging courses for golf enthusiasts. Here are some of the nicest golf courses on Oahu: These are just a few of the many beautiful golf courses on Oahu. Each course offers its own unique challenges and stunning views, making it a golfer’s … Read more
Oahu has many beautiful beaches to offer, each with its own unique charm. However, the nicest beach on Oahu will largely depend on personal preferences, as well as the type of beach experience you are looking for. That being said, some of the most popular and highly-rated beaches on Oahu include: 1. Waikiki Beach: This … Read more
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
Commission is Now Negotiable The way buyer’s agent commissions work has changed, and it’s a shift that firmly benefits you as a seller. If you’ve seen older advice suggesting that commissions are a fixed cost of doing business, it’s time to hit the refresh button. We now recommend to all our sellers that the commission … Read more
“We continue to see the market settle following the spike in interest rates and rising inflation,” said Fran Villarmia-Kahawai, president of the Honolulu Board of REALTORS®. “Compared to the frenetic real estate market we saw the last two years, sales momentum is sluggish, but median prices are holding steady due to low inventory.”
You really have to factor in interest rates when doing comparables now. For example, I just ran comparables and one seller is asking $890,000, and another seller is in escrow asking $915,000. So on the surface the $890,000 price looks cheaper. However, the one is escrow has a VA assumable loan at 2.25%. When running … Read more
Getting a termite inspection is important for several reasons. Termites are wood-destroying insects that can cause significant damage to a property if left untreated. They can infest the wood in a home or building, causing structural damage that can compromise the integrity of the structure. Here are a few reasons why you might want to … Read more