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Managing Real Estate Broker - eXp Realty - RB-19250
Hawaii real estate, Mililani, military relocations, Hawaii, realtors, real estate agents, Waipahu, ewa beach, wahiawa, blog, blogger, Waikele, Mililani Mauka, Honolulu, Oahu, 96789

ARCHIVED BLOG POSTS

2008 

As the real estate market has changed from the insanely hot market of a few years ago; I have seen a big change in the consumers and their habits. When the market was hot, homes would sell in a matter of days with multiple offers.  If a home owner priced their home too high, I would tell them the...
06/30/2008
Here is almost everything you need to know about real estate ethics:  Follow the Golden Rule.  Do unto others as you would want them to do unto you. Yesterday I sat in an NAR ethics class.  I was somewhat surprised by how many agents did poorly on the quiz questions.  There was one question that ...
06/29/2008
Here are a fdew notes I took the other day while attending a class on mortgage fraud. Here is the statement that sums it all up: If the real entire deal that is on the contract that goes to the lender, is on the HUD-1 you will probably have no problem. Red Flags for possible mortgage fraud: The l...
06/27/2008
I took a RESPA class today.  Here are a few notes from the class. RESPA - Real Estate Settlement Procedures Act 12 U.S.C. 2607 (passed 1974). No person shall give and no person shall accept any fee, kickback, or thing of value pursuant to any agreement or understanding, oral or otherwise, that bu...
06/25/2008
There seems to be a big difference between reality and perception in the real estate business. While looking at the numbers for Oahu (Honolulu County) for May 2008 something jumped off the page at me.  The median price for condos and townhouses hit a record all time high.  The median price for si...
06/24/2008
My new mall signs appeared this weekend.  The picture was updated to show the new lighter me.  They had a few minor updates and a change of colors.                      Today while out at the soccer fields a couple of the youngsters from my son's team approached me and said we see your picture at...
06/23/2008
                                    The May 2008 numbers are in. Single Family Home Sales volume is down from the period last year, but median prices are making a rebound.  Prices at the 2007 levels. Condominium Sales had a similar drop in volume while the median price has shown a modest increase...
06/23/2008
Have you ever heard that joke? Unfortunately this is not a joke.  After three weeks of trying to reach an agent to schedule a showing, I am still waiting.  A little over three weeks ago, I set up appointments for my buyers to view 6 of 8 properties they wanted to see in a particular neighborhood....
06/21/2008
Earlier today I was speaking to a young agent, who asked me my opinion on whether to take continuing education classes online or in the classroom. I very much prefer to take classes live over online for a couple of reasons. You can not ask questions of a computer. I spend too much time on the com...
06/20/2008
While showing properties this weekend it hit me.  The reason so many properties seem to be improperly identified is there are not enough categories in the MLS system. For example let's look at the condition of homes.  We definitely need some more categories here.  Instead of just excellent, we ne...
06/17/2008
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Randy Prothero

Hawaii REALTOR, (808) 384-5645
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