When you sell your home in Hawaii, perhaps the most significant investment you’ve ever made in your life, you most likely want to sell your house for the best price possible — makes sense. But did you know you could be making some common mistakes that are taking away from your bottom line?
Here are five things you may not know about selling your property in Hawaii…..
Self Expression
Your bright pink front door, lime green painted walls, and retro 1950s kitchen may spark some joy for you, but it’s not what today’s buyers are going to be looking for. The key, when selling your home, is ultimately to cast as wide a net as possible; the more people that are interested, the greater leverage you have in commanding your price and terms. If you narrow down your pool of potential buyers, you might be missing out on that great buyer who would otherwise fall in love with your home.
So, invest in professional staging which will help present a clean palette for buyers as they walk through, visualizing what it would be like to make it their own. Of course, if you work with a professional investor, like those at Oahu Home Buyers, you will not need to worry about this at all because we’d buy your Hawaii house “as is”, lime green walls and all.
Pricing
Our homes may hold precious memories of generations past; however, many homeowners list their homes at a price based on this emotional value. It’s important to remember that new buyers aren’t interested in your memories (as upsetting as that may understandably be) — they want to make their own.
Often when a real estate agent advises them of the current market value, sellers may become a bit upset because they lack an understanding of how home values are determined when selling your property in Hawaii. You can research this information yourself by looking up the most recent sales of homes that are the most similar to yours and located in your neighborhood.
A real estate agent can run a quick comparative market analysis, also called a CMA, for a snapshot of home values in your general area. This will help give you an idea of what you can expect if you take your home to the public market. However, by working with a direct buyer like those at Oahu Home Buyers, you’ll be provided with a detailed analysis of what you would earn by selling to us vs. listing your home — you can then compare for yourself.
Exposure (Marketing)
For a marketing campaign to be successful (and selling your house is almost all marketing), you must target your potential buyer pool with the best exposure. However, you may not know much about selling your property in Hawaii if this isn’t your regular occupation. In today’s world of real estate, top Hawaii agents understand the importance of including high-quality professional digital photography and perhaps even 360-degree drone videos, which in some places are now the standards for real estate listings.
Additionally, your listing agent is likely to work with a professional stager; this method of presenting your home to buyers serves to create an attractive, neutral background for buyers, who may lack the imagination to look past your own possessions and imagine the home decorated to their personal tastes. Furthermore, ask how your agent handles showings regarding health concerns (Covid), such as the number of buyers and protection protocols they follow for the exposure of your home.
Finally, by choosing to sell directly to a professional investor like those at Oahu Home Buyers, you can avoid the hassles of showings and leave everything just as it is. You don’t even need to clean up when you move, and you can leave anything you don’t want to keep behind; we can handle the clean-out, too.
Repairs
What you may not know about selling your property in Hawaii is that most buyers are looking for a property that is in ready-to-move-in condition. So if your paint or flooring is dated, the yard is overgrown, and the roof is falling apart or the lanai is barely attached to the main house, your home will likely linger on the market — possibly for months. When buyers notice that a listing has been on the market for too long (especially in today’s market), it’s a red flag for them to avoid the property. A significant number of days on the market equates to a hidden problem with the listing; after all, in what’s considered a ‘hot’ market, you’d wonder if a home wasn’t selling, right?
Even worse, selling a house as-is through a conventional listing often just brings out buyers who may not be the most qualified and brings low and tenuous offers to your door. A professional investor like those from Oahu Home Buyers will make you an offer that you’ll agree is fair to buy your home as-is for cash. You skip all the red tape of financing approval; we can offer a guaranteed closing date in as few as fourteen days.
Oahu Home Buyers
You may not know all the ways Oahu Home Buyers can help solve your problems with selling your property in Hawaii yet, but we are happy to answer any questions you have about your real estate and help find the best solutions for any hurdles you face. Working with Oahu Home Buyers means no complicated paperwork; our contracts are simple. And if things are moving just a little too fast for your plans, you can relax because at Oahu Home Buyers, we are professional and will not be moving into the property; we can be flexible and close at a convenient date for you. And Oahu Home Buyers has a steady inventory of properties available if you need a new home. At Oahu Home Buyers, consider us your full-service team. Contact Oahu Home Buyers at (808) 333-3677 today to learn more!