Josh Jerman and Wealthy Wu are a part of a top-performing workforce of actual property brokers in Maui that work with over 65% extra single-family properties than common brokers of their market. For householders balancing these professionals and cons, Jerman advises sellers to tilt the size towards retaining proceeds.
“House-buying companies are typically looking to purchase below market value, and they’re looking for a deal,” he says. “It may not be in your best interest to work with a buyer like that without first going to the open market, hiring an experienced and knowledgeable Realtor who has good marketing reach, and testing things out on a broader scale.”
Wu agrees, suggesting that — with such a big funding — there may be knowledge in consulting with an agent earlier than you decide to a cash-for-homes firm.
Choice 2: Rent a prime Hawaii actual property agent
A seasoned agent, well-versed within the ebbs and flows of the Hawaiian housing market, can information you towards a fast and profitable sale. They deal with myriad particulars, from staging your house to negotiating the perfect deal, doubtlessly growing your internet revenue, even below tight timelines.
Let’s take a fast have a look at present market dynamics in Hawaii, some great benefits of promoting with an actual property skilled, and the way you’ll find a top-rated actual property agent in your native space.
How briskly are properties promoting in Hawaii?
In Hawaii, the median days on market (DOM) — the time from itemizing a house to having a signed contract — varies an amazing deal relying on the placement of your house, its situation, and your itemizing value. Statewide, the DOM is round 36 days. Within the coveted Oahu market, properties are going below contract in about 22 days, whereas on the Huge Island and Kauai, the DOM is starting from 20-39 days. Within the difficult Maui market, the DOM is round 110 days.
Nevertheless, when making transferring plans, sellers must also take into consideration the extra 44 days a mortgage-backed purchaser usually wants to shut on a purchase order mortgage.
“With an uptick in sales across both single-family homes and condos, coupled with stable median prices, O‘ahu’s housing market shows resilience entering the fourth quarter,” mentioned Fran Gendrano, President of the Honolulu Board of Realtors® in an October 2024 assertion. “With increased inventory and new listings, prospective buyers have more flexibility to find the home that best fits their needs.”
Advantages of promoting with a prime Hawaii agent
Working with a prime actual property agent in Hawaii brings a plethora of advantages that may contribute considerably to a speedy house sale. With their professional information of the native market dynamics and seasoned negotiation expertise, they will expedite the promoting course of within the Aloha State.
