How much is your Hawaii home worth?
- Detailed property valuation
- Expert advice
- Sell for more
Loading valuation...
With our extensive experience in successfully selling Hawaii properties for out-of-state owners at record prices, we fully understand the additional steps needed to ensure a seamless sales process from beginning to end. We're dedicated to being there for you every step of the way, ensuring that you are informed and confident in the care of your property, regardless of your location. From pre-listing tasks such as repairs, cleaning, and property preparation to our presence at all showings, inspections, and appraisals, we've got everything covered. Our aim is to alleviate the stress of selling from a distance and deliver outstanding results without the hassle.
To avoid any surprises when selling a home in Hawaii, non Hawaii residents should be aware of the FIRPTA (Foreign Investment in Real Property Tax Act) and HARPTA (Hawaii Real Property Tax Act). FIRPTA applies to non-U.S. resident sellers and requires a 15% withholding on the sales price to cover potential U.S. tax liability. HARPTA mandates a 7.25% withholding for non-resident sellers to ensure payment of Hawaii state income taxes. Sellers subject to these tax withholdings should seek professional guidance to understand the implications, explore any available exemptions, and plan for these potential tax withholdings when calculating their expected proceeds from the sale. We've worked with great people who can assist you further regarding these withholdings.
A 1031 exchange is a tax-deferred transaction that allows real estate investors to sell one property and reinvest the proceeds into another similar property without paying capital gains taxes. This exchange must meet strict IRS guidelines, including a 45-day identification period and a 180-day exchange period. It's commonly used by investors to upgrade their investment properties without incurring immediate tax liabilities, thus maximizing their investment potential. The process requires the involvement of a qualified intermediary to handle the exchange funds and ensure compliance with IRS regulations. A 1031 exchange can be a powerful tool for building and preserving wealth in real estate investment portfolios. It's important for investors to consult with tax and legal professionals to fully understand the implications and requirements of a 1031 exchange.
As an Off-Island owner, you probably depend on a property manager to oversee your rental property and tenants, with their main focus being rental management. While their expertise is management, a sales agent offers a distinct expertise, with a deep understanding of the sales market and strong negotiation skills. A full-service real estate sales team provides personalized marketing strategies, expertise in maximizing property value, and unwavering focus on sales. It's crucial to collaborate with sales specialists when selling your most significant asset to maximize your results. We work closely with many property managers who refer us to their clients, as they trust our expertise in the sales process will ultimately net their clients the best results. Ask us how we can work WITH your property manager to ensure a seamless transition from renting your property, to selling it for top dollar.
This service proves immensely helpful for off-island owners, saving them valuable time and money. Often, some preparatory work is required after a tenant moves out to maximize the sales price. Compass Concierge is a unique program offered by Compass that helps sellers prepare their homes for the market by covering the upfront costs of home improvement services. This includes deep cleaning, painting, landscaping, staging, and more. The program is beneficial for sellers because it allows them to make necessary updates and repairs to their homes without having to pay for them upfront. By enhancing the visual appeal and overall condition of the property, Compass Concierge can help sellers attract more potential buyers and ultimately achieve a higher sale price. Additionally, the program is designed to be hassle-free, as Compass manages the entire process, from hiring the vendors to overseeing the work, making it a convenient and stress-free option for sellers looking to maximize their home's potential in the market.
“COMPASS CONCIERGE WAS A TRUE GIFT. SUDDENLY I HAD THE FINANCES TO GET MY HOME OF 18 YEARS READY TO SELL, WITH NO UPFRONT COST TO ME. IT OUGHT TO BE CALLED THE ‘CONCIERGE STRESS RELIEF PROGRAM.’ IT EXCEEDED ALL MY EXPECTATIONS OF THE HOME-SELLING PROCESS.”
-Concierge user
Staging a home for sale is crucial, especially when the property is empty after a tenant has moved out. Firstly, staging helps potential buyers visualize the potential of the space, making it more appealing and memorable. Additionally a well-staged home can showcase the property's best features and layout, helping buyers see how their own furniture and belongings could fit in the space. Furthermore, staged homes often photograph better, attracting more online views and in-person visits. Ultimately, staging a vacant home can significantly increase its perceived value and help it stand out in the competitive real estate market. As a true full service team, we offer this service and are continually updating our staging inventory to add perceived value to our clients properties.
-Seller, Kapiolani
Today, nearly 100% of home buyers start their search online. Making a strong first impression is essential, as it significantly impacts your property's appeal and potential value. While Hawaii has a lot of Off-Island owners, we also see a lot of Off-Island, sight unseen buyers. Dan, a professional real estate photographer, ensures that our clients' properties stand out with strategic lighting, composition, and goes the extra mile to ensure every photo showcases the property at its best. Our team's unique advantage of in house photography will set your property apart from the rest. In addition to exceptional photography, Greg creates 3D virtual tours and floor plans to keep buyers engaged and interested. Don't miss the opportunity to create an outstanding first impression... you only get one.
- Seller, Makakilo
We go the extra mile with our marketing photos, incorporating captivating aerial photography and video to appeal to buyers, whether local or global. Beyond selling properties, we sell the lifestyle, and showcasing the surrounding area is best achieved through aerial photos. An added advantage of working with our team is that Greg, a licensed drone pilot, can capture stunning aerial photos of your property at the optimal time of day and in the best light, ensuring captivating marketing photos. Our dedication to showcasing your property in its absolute best light, adds value to your bottom line. Our goal with our marketing photos is to ensure maximum exposure to potential buyers.
The extensive preparations made to create high-quality photos, tours, and videos lead to the development of our final marketing collateral. We ensure that your property makes a lasting impression on every potential buyer who visits. By providing quality marketing materials with easily accessible, shareable website links, we keep buyers engaged. Our digital and social media marketing, in addition to print marketing, further enhances exposure to your property, maximizing its value.
- Seller, Honolulu
We understand the challenges of coordinating pre-listing tasks as an Off-Island owner. Our aim is to simplify these tasks by being your on-the-ground support. Whether through our Compass Concierge program or in collaboration with your current property manager, we are dedicated to being present and ensuring every task is completed. In addition to pre-listing tasks, our full-service commitment means we are present for all showings, inspections, appraisals, and any other time someone accesses your property. When you choose to work with us, you can be confident in knowing exactly what to expect and who you'll be working with. We take pride in hosting our own open houses, providing the best representation for you and your property. Additionally, we recognize the significance of keeping you informed while you're off-island. It's our priority to provide regular updates on market conditions and activity related to your property, as frequently as you prefer.
-Seller, Location?
-Seller, California
With our specialized knowledge and tailored approach, our real estate team specializing in selling properties for out-of-area owners can provide the support and guidance needed to maximize the value of your property and streamline the selling process.
Contact us to schedule a 30 minute consultation.
Enter your details to see how much your home is worth.
*Authentication failed. Please enter your details below to get your free valuation.
Schedule a free consultation with a top local agent who can help you estimate and understand your home's value.
We need more information to provide an accurate estimate for this address. Local expert will reach out shortly or you can schedule a consultation now.
