Real estate blog entries tagged with century 21 by Randy L. Prothero, Missouri REALTOR, (808) 384-5645 (eXp Realty)

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century 21: Real Estate Sales Activity in the Haleiwa, Hawaii – May 2007 - 06/15/07 09:54 PM

Historic Haleiwa, Hawaii is located on the North Shore of Oahu. (parts of tax map key 166).
In Haleiwa Town there have only been 2 single family homes sold year to date and there were two during the same period in 2006.
Currently (June 15, 2007) under the "Active for Sale Category" there are:
6 Single Family HomesCurrently in Escrow:
2 Single Family Homes*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.
You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/
Or at: www.localism.com
… (0 comments)

century 21: Real Estate Sales Activity in the Salt Lake, Hawaii Area – May 2007 - 06/15/07 09:21 PM

Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)
The below figures include both fee simple and leasehold properties. These are only the totals and averages.
Single Family homes sales have slowed. Average sales price of single family homes have leveled. Year to date has shown a slight drop, but the month of May had an increase over 2006 numbers. Sales volume has remained consistent. There is currently just under 8 months of inventory making this a buyers market in the Salt Lake area. Buyers will find sellers that should be a little more negotiable.
Condo and townhouse average … (0 comments)

century 21: Real Estate Sales Activity in the Ocean Pointe, Hawaii – May 2007 - 06/15/07 08:44 PM

Ocean Pointe a planned community in Ewa Beach, Hawaii (makes up part of tax map key 191).
Single Family homes sales have softened. Average sales prices of single family homes have seen some dropping. Sales volume is also down, while inventory has grown to more than 8 months worth. Buyers will find sellers that may be a little more negotiable.
Condo and townhouse sales are another story. Inventory is climbing with a little over 11 months worth. Sales volume has shown drops over 2006 and average sales prices have also slipped a little. This is a substantial shift from earlier this year.
Currently (June … (0 comments)

century 21: Some Listings are Just Too Good to be True - 06/13/07 04:48 AM

I am sure you have had those days when a listing pops up in the MLS system that gets the attention of several of your clients and friends attention. The one that is to good to be true. The one that makes you feel like scrooge at Christmas.
Many times a trained eye will catch it in the fine print on the listing, other times you have to dig deeper to figure out what is the catch.
I can think a few recent examples.
1) A single family home in our community that appeared to be under priced by about $50,000. I got calls … (37 comments)

century 21: $1 Inter-island Air Flights! - 06/12/07 11:19 AM

In commemorating their one year anniversary in the islands, our newest major inter-island carrier Go! Airlines did a most amazing thing. They offered $1 inter-island flights between the islands.

You read that right. They offered a total of 2000 inter-island tickets for the big sum of $1.
Almost immediately when the one year anniversary sale started, the enormous response brought down their reservation system. Their office was also flooded with phone calls and e-mails. The reservation system was done for approximately 8 hours according to local news reports. The Starbulletin newspapers reported that their site had 20,000 independent hits in the first … (9 comments)

century 21: May 2007 Real Estate Sales Activity in Waikele, Hawaii - 06/11/07 08:16 AM

Single Family homes sales in Waikele have remained steady. Average sales prices of single family homes have softened slightly while sales volume is increasing over 2006 numbers. Currently there is about 3 months worth of inventory making it a nice balance for both buyers and sellers.
Condo and townhouse sales in Waikele are another story. Average sales prices and volume have remained steady, but look for prices to climb a little if the inventory levels remain low.
Currently (June 11, 2007) under the "Active for Sale Category" there are:
13 Single Family Homes21 Condos/ TownhousesCurrently in Escrow:
4 Single Family Homes20 Condos/ Townhouses*These … (0 comments)

century 21: Real Estate Sales Activity in the Waipio Gentry, Hawaii Area - May 2007 - 06/11/07 07:14 AM

The Waipio Gentry area includes Crestview and Seaview.
Single Family homes sales have softened. Average sales prices of single family homes have softened slightly due to the average number of days on the market. Sales volume has seen a slight increase over 2006. Buyers will find sellers to still be somewhat negotiable and with continued low mortgage interest rates it is a good time to purchase in the Waipio Gentry Area.
Condo and townhouse sales are another story. Inventory is relatively low and prices have continued to climb, although sales volume is slipped some. The condo market in the Waipio gentry Area is … (0 comments)

century 21: May 2007 Real Estate Sales Activity in the Kaneohe, Hawaii Area - 06/09/07 06:29 AM

The Kaneohe communities (zip code of 96744 and some connecting neighborhoods) have seen changes in the real estate market.
Single Family homes sales have softened. Average sales prices of single family homes have seen some dropping; not so good news for sellers. Buyers will find more selection with nearly 8 months worth of inventory; they will also find sellers that may be a little more negotiable.
Condo and townhouse sales are another story. Inventory is relatively low and prices have continued to climb. Sales volume is still remaining strong. This may be a dynamic of buyers moving to condos and townhouses as … (0 comments)

century 21: Realtor in T-Shirt and Sneakers - 06/09/07 12:13 AM

My real estate training now includes diet and exercise. To work the many hours and perform at the highest level, it requires being in good health.
My day today began at the Mililani YMCA at 6:00am. Stretching, lifting weights and a nice ride on the stationery bike got me ready to hit the day. I am sure that some of you started your day in a similar manner. Until recently the thought of getting up and sweating in the gym was a foreign idea to me.
Last summer I had hit a danger point. Topping the scales at close to 400 lbs … (57 comments)

century 21: Marketing Can Make You a Celebrity - 06/05/07 08:24 PM

Effective advertising not only brings in sales, but it also adds to your face to face effectiveness. When meeting a perspective client the meetings tend to go a lot smoother if they recognize you form your advertising campaign. There is an assumption by many potential clients that you must be one of the more effective agents in your community if you have a strong ad presence. Perception is everything in sales and marketing.
Along with my other advertising I leased signs in the two largest shopping centers in our town. Since putting up the signs my face and name recognition has improved … (63 comments)

century 21: Oahu - Sales of Existing Homes & Condominiums for May 2007 - 06/05/07 01:00 AM

The May 2007 Numbers are in.
Single family home sales - year to date are down 5.2% percent in the number of total units sold up, but the median price and average sales price have shown increases.
Condominium sales - Saw a dip in the number of units sold, but prices have continued to show a strong increase over 2006.
With interest rates remaining low and a strong local economy, both buyers are sellers are taking advantage of the Oahu real estate market.

*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but … (4 comments)

century 21: Wahiawa and Whitmore Real Estate Sales Activity for May 2007 - 06/04/07 07:47 PM

The Wahiawa and Whitmore communities have seen the real estate market has leveled, but homes are still selling. Interest rates are still low and there is a good selection of inventory. It is still a good time to buy or sell in this balanced Wahiawa and Whitmore market.
*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.
You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/
Or at: www.localism.com
… (0 comments)

century 21: Mililani, Hawaii Real Estate Sales Activity for May 2007 - 06/04/07 06:12 PM

This Mililani sales report covers zip code 96789 which covers both the Mililani Area (which includes Mililani Town, Launani Valley) and Mililani Mauka.
The Mililani real estate market has flattened, but it is still moving strong. We are still seeing good real estate activity in the Mililani area. With low interest rates and a little more inventory, buyers are still able to buy the home of their dreams.
*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.
Mililani Links:
Mililani Town Association: http://www.mililanitown.org/Mililani Drug Free: http://www.Mililanidrugfree.org/Mililani Chess Club: http://www.mililanichess.org/Mililani Real Estate: http://hawaiirandy.com/Mililani … (2 comments)

century 21: I Love Open Houses - 06/03/07 03:57 AM

I have recently read several articles and a few blog posts questioning the effectiveness of holding open houses. I have also spoken to agents in other markets how do not feel they are effective.
I can say without any hesitation that open houses are alive and well on Oahu. I am sure there are many markets that have similar successes.
In the last few years I have not kept statistics, but I can say without hesitating that over half of my listings were purchased by buyers who visited my open houses. I have also picked up several clients.
I have two choices can sit … (22 comments)

century 21: So You Want to Be Part of the Team - 05/31/07 06:39 AM

I am still working out the details for putting together a real estate team. I thought I would toss out a few of my thoughts and see what sticks. The Active Rain experts have been a big part of my inspiration so far and I am sure they will not let me down in my time of need.
The overall goal for the team is to put together a group of top professionals that will raise the bar. Potential clients should feel it would be crazy call anyone but us. Our team members should be known as "My Realtor" by a very … (8 comments)

century 21: How Far is Out of the Box? - 05/30/07 08:55 PM

I have been reading about extremely slow markets in other parts of the country. I also visited a few of them during my last vacation. It has been on my mind for awhile and I have been thinking how I will adjust if and when we get in that type of market here.
I think the secret to selling homes in an extremely slow market is to be totally different in your approach. If there are 100s of homes for sale in the area, what will make yours be noticed? If you stick a sign in the yard, list it in MLS, … (76 comments)

century 21: Mililani, Hawaii Real Estate Sales Activity for April 2007 - 05/29/07 08:29 PM

This Mililani sales report covers zip code 96789 which covers both the Mililani Area (which includes Mililani Town, Launani Valley) and Mililani Mauka.
The Mililani real estate market has flattened, but it is still moving strong. We are still seeing good real estate activity in the Mililani area. With low interest rates and a little more inventory, buyers are still able to buy the home of their dreams.
*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.
You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/
Or at: http://www.localism.com/

… (0 comments)

century 21: Hawaii SuperFerry to Begin Operations Later This Summer - 05/29/07 01:15 PM

The company put out a press release this week announcing that they are continuing to undergo a rigorous U.S. Coastguard certification and inspection process of our new ship named the Alakai (Pictured above undergoing sea trials). To complete that process before transporting the first ship to Hawaii they have delayed the start of service until the end of summer. Once the trials are complete the Alakai will leave Mobile Alabama and sail to the warm waters of Hawaii to her home port.
The Hawaii SuperFerry will begin taking reservations by early summer. Once the company becomes fully operational they will have … (8 comments)

century 21: Present All Offers Immediately – Part 2 - 05/28/07 09:51 AM

I just posted a blog post: Present All Offers Immediately
Many agents do not seem to get the importance of this. It is required by law here in Hawaii.
In the previous post I wrote about what happened when I bought the home we live in. Since re-entering the industry I have had several agents not show offers to their clients that I presented for buyers.
I am currently representing a seller and am seeing it from the other side. I had a buyer's agent; also broker present an offer on one of my listings. I received the offer early last week. It was … (34 comments)

century 21: Present All Offers Immediately - 05/28/07 08:44 AM

I am not sure why some agents do not get this. You must submit all offers immediately!
HAWAII ADMINISTRATIVE RULES - TITLE 16 / DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS - CHAPTER 99 / REAL ESTATE BROKERS AND SALESPERSONS
16-99-3(j) A licensee shall transmit immediately all written offers in any real estate transaction as defined in section 16-99-3.1 to the listing broker who has a written unexpired exclusive listing contract covering the property. Each written offer, upon receipt by the listing broker, shall be transmitted to the seller immediately. In the event that more than one formal written offer on a specific … (9 comments)

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