real estate: November is really 2007. - 10/31/06 08:10 PM
Wow it's already November.  Seems like this year just flew on by in a flash.  The real estate year is pretty much over and most new escrows opened after the mid of this month wont be a paycheck till 2007. 
Not sure about you but 2006 was very different.  Buyers and Sellers have changed with the market.  The interest rates are still great but prices in many different areas are mostly doing the same thing either leveling or even seeing a downward trend.  What does 2007 have in stored for us?  Only time will tell.
I would love to hear what your thoughts might … (7 comments)

real estate: Making the best of Open Houses - 10/23/06 03:44 PM
Not sure about the rest of you but I'm still in the building stage of my career.  With the transitional market heading for the worse, it's back to basics for sure.  Open houses were a very large part of where I got my business from in the first few years of Real Estate. 
The following are some of the things I do in both preparing for the open house and post open houses.  Some of what I do is very basic and others a little unique.
Preparing for my open house:
Make and order my open house fliers.  I do a double sided full … (9 comments)

real estate: Speaking in front of large audiences... - 10/22/06 08:27 AM
I've been asked to speak/mc at various events with audiences ranging from 30 - 500 people and have done this over a dozen times.  I've always been told that I did a great job and always asked back, except for once when I offended 3/4 of the audience.  Hehe I thought the joke was funny but most didn't.  Note the audience was diverse and the young people my age liked it and the rest didn't!!!  Live and learn!
From the first to the last time I still feel just as nervous before going on.  Does anyone have any tips on how they overcame the … (15 comments)

real estate: "My Happy Home" 2007 Contest "UPDATE" - 10/22/06 08:14 AM
"My Happy Home" 2007 Contest "UPDATE"I posted about a month ago on how great of an idea this was for us on both the Foundation and Real Estate side to do these Calendars for the kids.
There were 3,000 plus students who entered our calendar contest! All entries were fabulous but we had to narrow it down to 36 semi-finalists.  The Semi-finalists' drawings were displayed at the Pearlridge Shopping Center, near Tilt & ASB. Public voting occured where we received thousands of votes for thier favorite drawings.  Winners will be on display at the Kahala Mall from November 5-12.  The "My Happy Home" calendars … (7 comments)

real estate: Make a Difference Day, What Difference is your Firm Making??? - 10/22/06 07:57 AM
Make a Difference Day is right around the corner on October 28th.  Every year our Foundation will coordinate the function for the year.  In the past we have had Halloween Parties with games, prizes, story telling, and more all for Palama Settlement which is one of the less fortunate areas on Oahu.  We've also built a walkway for a school that really needed one, pulled weeds and painted at various places including the Honolulu Zoo and Sea Life Park.  This year we will be doing some labor again by helping renovating the Easter Seals Facility in Kaimuki.
What do you have … (2 comments)

real estate: How did Realtors get by without DVR or TIVO??? - 10/21/06 08:11 AM
I know I'll get a few responses with agents saying that they don’t watch much tv and would rather ready a book.  This post isn't for you!  : )
I'm a huge TV fan and got a DVR "Digital Video Recorder" a couple years back.  With tons of great TV shows on weekly and having a realtor schedule (24/7), before I got one I would miss shows like 24, Greys Anatomy, CSI, Extrme Home Makeover, etc. and kinda be lost for the rest of the season.  Now without the worry of ever missing an episode, all the shows I like are programmed … (2 comments)

real estate: Cool neighborhood charts of Honolulu - 10/20/06 02:15 PM
Does the firm you work out of provide the tools you need to differentiate yourself from the competition?  Below is just one sample of some very visually attractive charts that are supplied to our agents to help them stand out from the rest.  The charts are available for almost every area on Oahu. 
Curious what your firm has to offer that helps you.  Would love some other ideas.

 
(3 comments)

real estate: Great Article from the Wall Street Journal October 5th "The Shifting Calculus Of Buying A House" - 10/19/06 09:53 PM
There was a great read from the Wall Street Journal on October 5th titled "The Shifting Calculus Of Buying A House".  It talks about their predictions of which cities will see a falling market and by how much.  The good news, in this article it states that Honolulu Hawaii seems to be fine with only an expected - 0.3% decline.  Our projected peak is 2nd quarter 2007 and our bottom in the 4th quarter 2008.  What this means is they are expecting prices to continue to rise till the 2nd quarter of 2007 then come down .3% 4th quarter a year and a half … (2 comments)

real estate: Showings that your excited to do... - 10/19/06 06:50 AM
I don’t get very excited showing places as we do it so much, but there is an area of 4 condos right next to Ala Moana that I just love showing!  All 4 condos are newer and have such breathtaking ocean views. 
 
Everytime I need to show either Hokua, Koolani, Nauru, and Hawaiki I feel semi excited. 
Thought of moving there but was afraid the excitement might fade.  That and they are slightly above my price range.  LOL!
Anyone else have an area that they just love showing for some strange reason?
(6 comments)

real estate: Summer 2006 Real Estate Not as Hot... - 08/09/06 09:18 AM
Everyone's talking about the "BUBBLE" and how we are in a changing market.  The media, Local newspapers, and even professional realtors.  Is it really happening???
Historically in Hawaii our busiest times for real estate is during the summer months and will normally taper off early September.  Personally I must say that this has been the slowest summer I've seen especially comparing it to last year.  But does this mean we are in a bubble?  I really don't think so at this point.  Don't get me wrong, I'm not saying we will have another record breaking year but I do think the market will level … (1 comments)

 
Michael DeMello, CRS, ABR, CDPE, e-Certified (Prudential Locations LLC)

Michael DeMello

CRS, ABR, CDPE, e-Certified

Honolulu, HI

More about me…

Prudential Locations LLC

Address: 614 Kapahulu Avenue, Suite 200, Honolulu, HI, 96816

Mobile: (808) 457-0468

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