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Real Estate Sales
Residential Listings for Sale:
If you would like more information on any of the listings you see here, previous sales or if you are just curious about where our unique market is going, feel free to email or call one of our full time staff agents listed below:
Review Our Team of Independent Realtor Associates to see if you know any of these community leaders.
Buyers, now is a great time to .carefully. acquire real estate!
Team views Buyer representation (acting as the Buyer's Agent) as a joint team effort with the Buyer to achieve the best match of property to the Buyer's needs at the best price. As a Buyer's Agent, we are normally compensated as the cooperating broker at a commission established by the Seller in their listing agreement. The joint effort involves an analysis of Buyer's needs, homes/properties listed for sale and market conditions and trends. The joint use of Internet based data, some of which is only available to a member of the MLS, is critical to a successful acquisition of real estate in Hawaii. Purchase of real estate is normally the biggest investment a family makes. We know real estate investment in Hawaii with specific focus on Oahu. The internet listing sites below provide the buyer with an excellent initial review of available properties. No one should buy property without a site visit if at all possible.
Book one of our vacation homes for a short stay while you research the opportunities to acquire and invest in real estate in Hawaii.
Buyers here are some useful links:
- Information about buying, selling and owning properties in Hawaii;
- Current mortgage rates;
- Housing market statistics;
- Oahu historic sales data;
- Oahu GIS parcel maps;
Sellers; we can help you sell your mature asset and acquire higher returning real estate tax deferred!
Call us for a free marketing analysis. Let us show you how you may be able increase your cash flow with a 1031 exchange.
Commercial Acquisition and Sales:
- Team has helped clients acquire retail, office and multi-family properties via 1031 exchange over the last 16 years; in each case the buyer has had a better cash flow and higher asset appreciation than with the residential real estate they sold. No guaranty, simply a statement of fact!
- Commercial real estate purchase differs dramatically from residential in the expectation of a return on the investment (ROI) stated as a Cap Rate;
- Cap Rate is quite simply the net operating income (without debt expense) divided by the purchase price expressed as a %; this enables real estate investments to be compared with dividend yielding stocks or bonds in the equity market.
- Commercial retail and office real estate are rented to businesses from one to 20 years; if the business is successful, your return is assured;
- Multi-family income properties are similar to residential rentals except there are more of them in one place and subject to vacancy rates from less than 5% in a strong market to over 15% in soft markets; so far in this economic crisis, the residential rental market has remained solid with vacancy rates well below 10%. Homes, condos or residences, sell for more per unit than investment properties due to the owner occupant tax benefits and lower interest rates
- Commercial real estate tends to lag behind residential both on the upside and on the downside.
- Loopnet and the MLS are the primary sites used for listing commercial real estate in Hawaii; see links below.
- We would be happy to review acquisition alternatives and a strategy that meets your needs.
Disposition-Sale of Commercial Real Estate:
- Team helped its client sell the 16th floor of the Alakea Corporate Tower in February of 2009; the sale was to an owner-tenant-investor; the floor was mostly vacant by the end of January.
- Sale of fully rented up properties is based primarily on Cap Rate; when interest rates are low, as is the case now, then the Cap Rates should be lower and hence the sales price higher.
- Sale of a property which is vacant or mostly vacant then requires either,
- the investor believes they can turn it around; generally the investor will want to buy at a discount off replacement value; replacement value is the value of the land plus at least $150/sf for the building, or;
- an owner tenant who wants to invest in a property and fix their operating rental costs;
Commercial Listings for Sale:
- Team does not have any current listings; we manage a number of residential income properties which may be for sale at the right price to our Client; none feel the need to list at this time.
- Team has several residential listings which have relatively good return, Cap Rate, in this current market; especially attractive are the Rim-View lots in Pupukea and Waialua which have good potential for asset appreciation.
- Team will be taking reservations for units within the North Shore Gateway Project later this year: see Team Projects.
Mahalo, thank you for considering us for your business!
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