What is the MLS? The MLS, short for Multiple Listing Service, is a subscriber service for real estate agents that allow agents to share their property listings online in one centralized system. There are hundreds of regional MLS across the US and 1 of these MLS is the Oahu MLS, […]
Looking For Foreclosures In Hawaii?
Whether you are an aggressive vulture investor looking for deep-discount distressed properties, or you are just curious about what the market might bring, either way, the ‘expected’ tsunami of foreclosures might dissipate into nothingness. Here are six reasons why: 1) Nobody Wants To Foreclose Utilitarianism promotes âthe greatest amount of good for the […]
HARPTA & FIRPTA Tax Withholdings – Avoid The Pitfalls
If you are already familiar with HARPTA & FIRPTA and just want to avoid the pitfalls, then scroll down to the bottom to ‘The Tax Office Claims That The Withholding Is Delinquent!’ Check the real life stories with lessons learned and tips to keep you out of trouble. However, if […]
Condotel Opportunities – COVID And The K-Shaped Recovery
Every week we receive dozens of inquiries about Waikiki condotels. Including a 9:46 pm phone call last week from China by a gentleman who âwants to buy about ten condotel units and is starting his preliminary research.â He is convinced that âthere should be plenty of deep discount bargains available […]
‘Dual Agency’ â Who Is Representing You?
— Two Recent Real-Life Stories: 1) A seller listed their property with a real estate agent who claimed to have the right buyer for the sellerâs property. Sounds alluring. Itâs also the oldest trick in the book by hungry agents to convince sellers to list their property with them. – […]
Post COVID-19 – How We Sell Your Property
— There has never been a better time to be alive! Our ancestors survived the Bubonic Plague and the Spanish Flu without ever finding a vaccine. Today, we are vastly better prepared to handle COVID-19. Donât fall victim to the Declinism bias. With the right growth mindset, humans are adaptable […]
COVID-19 – Hawaii Real Estate
— Rule #1: Nobody knows what the future will bring. — Rule #2: Knowing what you now know, determine the single best immediate step forward for this moment. Donât worry about two weeks, two months, or six months from now. Any subsequent step will reveal itself. We are discovering daily […]
Hawaiiâs Revised GET Tax Rates By County & new TAT requirement 2019
— If you own Hawaii properties and collect rental income, then you need to know the recent changes to the GET tax rate that apply to rental income. Up until January 1, 2019, Honolulu County (the island of Oahu) was the only county with a 0.5% surcharge above the 4% […]
The Truth How Listing Agents Find a Buyer for Your Home
Through meetings with various Sellers over the past 5 years, I noticed a number of Sellers think: 1) Agents working at larger real estate firms are better positioned to represent them and 2) a listing agentâs major added value is in the agentâs ability finding a Buyer himself / herself. […]
Oahuâs Housing Affordability â Trying To Time The Market?
— Hawaii real estate is expensive. It always has been, and always will be compared to many other US locations. The four primary reasons are: High demand for âparadise.’ The scarcity of buildable land, – This is an island state. High shipping costs, – No other major population center in […]