At Moving Hawaii, we're not just real estate agents; we're local experts committed to guiding you through every step of buying, selling, or investing in Hawaii's unique property market. Whether you're looking to sell your home, find out its current market value, or plan a move (PCS) to Hawaii, our team is equipped to provide you with unparalleled expertise and personalized service. ➡️ Meet our founder, Derek Okahashi, a real estate investor and U.S Coast Guardsman who is passionate about educating others on the intricacies of real estate in Hawaii and Oahu. Alongside Derek, our dedicated agents Mahe Kahale, Aiden Martin, and Kenny Baisley ensure every client receives top-tier advice tailored to their specific needs. Our mission is to disrupt the industry and do real estate different.
Having some internet difficulties and Hawaiian Telcom is scheduled to come out here on Thursday,
but they're not here yet and even pinch trying to hardwire into the modem and that not working.
So here I am live on my phone and hopefully some of you guys jump in.
We are, we're here, we're working, we're alive.
I know some people on Sunday's video were like, I was worried, I was, you know, I missed
the live.
What happened to you guys?
Just have some technical issues, we'll get that sorted out next, next week.
So that's what it'll be.
I wish I could show you the new listings and all of the new things.
We're probably actually going to shoot on Thursday, one of our new listings.
It worked out that Kenji was headed to Japan, so we didn't shoot that one last week when
it went live.
So I guess we're going to shoot it, drop it Sunday along with some other content.
Jose the Desmo, what's up, Jose?
Yeah, I'm moving.
Interesting, interesting experience.
So I thought that, I thought I was like, why?
I told my wife, I won't be stressful this time.
I move people all the time.
Correction.
I hope people buy and sell it all the time.
I grossly underestimated the stress of the move and then overestimated my ability to
move, but we have moved.
So shout outs to all my clients who deal with that 70 something times a year.
It's a lot.
And then the moving industry is an interesting industry too.
Markeith says, Hey, so Markeith, if you guys are just tuning in, I'm here.
I'm here on my phone because we have some internet issues.
Kenji isn't there, but Kenji was trying to hardwire into the modem.
That didn't work either.
We have Hawaiian Telecom coming out.
We hadn't been in the office as much because Mahi had to travel and Kenji was traveling
and I was moving.
And so last week we missed the live for those reasons.
And then we didn't identify the internet issue until yesterday and Hawaiian Telecom can't
come out until Thursday.
So we got to wait.
I also have to choose Hawaiian Telecom or Spectrum from my house and I'm going, I think
with Hawaiian Telecom because Spectrum tried to rip me off, long story short.
What questions do you guys have?
We're shooting from the hip on this one, right?
Because I'm on the phone.
I don't have Kenji putting together.
The questions, the screen share, and all that good stuff.
So we got going on 20 people and building what questions, throw me a question, a comment,
Hawaii, mainland, food, travel, something, prop me.
Spectrum is the worst, Ethan says, I have stories.
So I'll tell my Spectrum story.
It's just factual, you know, so I can't get hit for defamation or slander or any deliberate
or anything like that.
But I used to tell people go with Spectrum because Hawaiian Telecom didn't have fiber
and their internet was a lot slower.
Now Hawaiian Telecom has fiber.
So now our team tends to recommend Hawaiian Telecom.
Spectrum, we signed up for the Spectrum for this office, actually.
We signed up and it was through the business.
So the business, this business guy signs me up, forget his name, but he, after he signs
me up, so after we do the contract and execute everything, et cetera, he goes, he says, hey,
Derek, you know, sorry, I signed you up for this plan that in the, you have to get a cell
phone.
And I said, well, I already have Spectrum cell phones, you guys, so I don't need another
cell phone.
Well, you have to.
He's like, sorry, I didn't even know it was just this promo we're running.
It was in the fine print.
I didn't even know.
I'm like, brother, I do sales, OK, but we do sales in a better way than this, obviously.
And that's disgusting.
Like, no, I'm not signing up for a phone.
And I said, you know what?
I'll sign up for the phone because I've been wanting a flip phone for the evenings and
for just times where I don't want to be connected to this iPhone.
They said, oh, you could get any phone except for that phone.
I'm like, so you tell me it has to be a smartphone.
And then as a business person, right, I say, so I'm running, I'm running the numbers on
the margin, giving up, forgiving me this, like, and that discount, but now you're forcing
me to get a smartphone, like you just, it's sleight of hand.
And in the end, he was like, do you got to get the phone or we're going to charge you
and you're locked into us for that.
So I canceled my service to Spectrum and I will aim to never use them again.
Yeah.
Ashley K. How's inventory looking?
It depends what and where.
You've probably seen headlines or you guys, if you follow real estate or, you know, if
you're on Zillow a lot or just at homes, you're probably algorithm shows you other real estate
headlines and homes are sitting longer than they have in a really long time.
Some of that is a tradition, pre-COVID, they say it's a buyer's market when there's six
months plus of inventory.
Some of that is kind of thrown out the window because the market has entirely changed post-COVID
and the way people approach the market, the way people look at the market has entirely
changed post-COVID.
And so even if in a certain area, a certain type of home on average, you know, takes longer
to sell, it may or may not mean it's more of a buyer's market situation.
It just, it depends a lot.
So if you're selling, let's give an example, if you have a three to a thousand square foot
in Kane'ohe with some yard and renovated well, that home is going to be competitive, get
multiple offers and go get driven up.
If you have a three to a thousand square foot in Ewa Beach, that home might sit for a while.
If you have four or two and a half in Ewa Beach renovated well and in the right spot,
that home might be competitive.
If you have a three to townhome in anywhere and, you know, in Ewa, whatever, and it has
maintenance fees that are on the rise, then that thing might sit for a while.
Speaking of, if you're interested in lowering maintenance fees, maintenance fees that are
trending downwards, our Mililani listing actually has a maintenance fee decrease coming up.
And we have a letter from the association verifying it.
We sell a lot of homes and we've seen a lot of increases.
We've not yet dealt with a documented decrease.
And you know, I might rather have an HOA fee that is $600, but on the way down than 550
and stable or on the way up because what the downward trajectory shows me is that I have
an association, a board, a community of people that are diligent and paying attention.
And there's this association, the fee is appropriate and paid attention to, whereas if it's 550,
but after a recent increase with no talks of bringing it down, I like the behavior,
you know, of the downward maintenance fee.
And we actually have one of those that we're selling.
So Ashley, to answer your question, inventory, it just depends, it really varies quite a
bit.
Depends on what neighborhood, et cetera.
More inventory than 2021, that's what everyone, I shouldn't say more inventory, longer inventory
than 2021.
I don't actually know the stats of like, if more listed, probably more we're listing in
2021, but there were a ton more buyers, right?
And so when they say how is inventory, they're typically talking about how long it takes
to sell a home.
And if all of the homes right now, there were no listings tomorrow, all the homes would
be sold in six months.
But yeah, so it's nuanced.
So what other questions do we have?
How's the inventory to, you know, I just bought, so, so, but I want this home, I got this home,
we're raising our kids in this home.
It is what it is for me, a home's worth what someone's willing to buy it for, right?
And that goes for sellers too.
Your home is, people like to think, so this whole thing, like things are going over list
or that home went over list or ask, and ask list is a strategic and it's a strategic thing.
Sellers do not define, sellers do not define and determine the prices of homes buyers do.