How Current Events Are Impacting Home Sellers in Hawaii

How Current Events Are Impacting Home Sellers in Hawaii
Be safe, Hawaii!
We’re living in unusual and unsettling times indeed! Learn how current events are impacting home buyers and sellers in Hawaii and what you can do to sell your house as quickly as possible!

At the time of this writing, we are still dealing with the effects of COVID-19. The pandemic has changed how things are done across many industries, but real estate is one that is perhaps seeing the most significant impact. While some agents and investors are worried about what the future holds, others are taking this time to get creative and to find new and innovative ways to sell a house or condo in Hawaii. In today’s post, we’ll review how current events are impacting the real estate industry and what you can do to sell your house quickly.

Going Virtual

With less and less physical contact taking place depending on government restrictions as well as people just being understandably cautious, people are doing more and more business and transactions online – from selling your house to having your groceries delivered. There are quite a few excellent software options you can use to create a virtual tour (like this one of our current house for sale in Honolulu’s St Louis Heights neighborhood) that will help your potential buyers get a real sense of your property before viewing it in person.

That said, most do have a cost, so if you list your house in Hawaii instead of selling it directly to us, be sure you’re accounting for the extra costs if it’s something you’ll be charged for. Between premium listings, professional photography, video, and the use of a virtual tour, it might add up quickly. Listing costs can be significant in a high-priced market like Hawaii, especially when many people are having a hard time financially given the current economic troubles. Holding costs, repairs, commissions, and listing fees aren’t in many people’s budgets right now. If you decide to work with a real estate agent in Hawaii, make sure you know exactly what is included in your listing agreement. There may be extra marketing and selling costs that you didn’t consider, so ask about that upfront. A direct sale to Oahu Home Buyers will eliminate the cost, fuss, and hassles of trying to sell your Hawaii house in these unusual times. We make selling quick and convenient so you can easily sell your unwanted property in Hawaii. That’s our specialty: quick, efficient, and stress-free.

What about other concerns like signing documents? Well, if you have an email address and a computer or phone, then it’s easy — we use Docusign digital signing software to sign contracts. Just open the email, click through the contract and you’re set! The completed contract is sent to the title company and we’re on our way.

As we approach the actual sale date, a mobile notary will be arranged so that you don’t even have to leave your home. You can sign outside, across from a table, keeping your distance, and safely complete all documents. Whether you’re in Hawaii or across the country in Philadelphia (hello, FedEx), it all works. Easy as pie.

What about your proceeds? They can be wired directly to your checking account from the title and escrow company. Did I mention we keep it quick, efficient, and stress-free?

People Are Still Buying and Selling

While the housing market has been impacted by the Coronavirus, people are still buying and selling homes. Some areas are actually seeing good activity due to low inventory. Properties can be found for attractive prices, and home sellers in Hawaii have multiple options when they need to sell. Things are being done a little bit differently these days, naturally, but as people adjust to the new way of conducting business, solutions are being found so people can still get the job done. Don’t assume that because the market has slowed down that you won’t be able to sell – we continue to buy houses (and condos) in Hawaii throughout the pandemic. Prices are staying relatively the same, and demand is varied by island and neighborhood. Working with Oahu Home Buyers will help you sell without any costs or hassles. You will be able to get a great price for your property without having to deal with any costs, hassles, or headaches.

Other Options Are Being Sought

Instead of hiring a local agent, showing the property (if you can get people inside), holding open houses (not allowed right now), and having in-person meetings (again, not feasible during the pandemic), many sellers are choosing to work with a direct buyer to make selling easier and avoid having too many people in their home. You don’t actally need to hire an agent to sell your house in Hawaii. There are easier and more convenient ways to sell (we buy houses directly all the time). A listing is just that — a listing; it’s not a guaranteed sale. You won’t know what you will be offered or when the house will actually sell, if it does at all. By selling your house directly to Oahu Home Buyers, you will be able to get the peace of mind you need when selling

We’re here to help home sellers in Hawaii! Reach out to our team to learn more about what we can do for you! (808) 333-3677