Using A Buyer's Agent for Oahu Real Estate: Really, a No-Brainer
Oahu real estate transactions involve one of the biggest financial investments of most people’s lifetime. Oahu real estate transactions often exceed $500,000 and can go up to tens of millions. If you had a $500,000 income tax problem, would you attempt to deal with it without the help of a certified professional accountant? If you had a $500,000 legal question, would you deal with it without the help of an attorney? Considering the small or no upside cost and the large downside risk, it is always wise to work with a professional REALTOR** when you are buying a home. And even among REALTORS, when buying, it is always best to use an Accredited Buyers Representative (denoted by the ABR designation), an elite group of REALTORS who are specially trained and committed to representing a Buyer’s best interests.
It is a common MYTH that buyers who do not use a Oahu Buyer’s Agent will save the amount of Buyer’s Agent commission on the price of the house. This is simply untrue. In addition, any Oahu Listing Agent that indicates somehow that you will save money on purchasing a Hawaii home by not using an agent at all or using them as a Dual Agent may be lying or acting unethically. Why is this?
All information on this site is believed to be reliable but is expressly not guaranteed. Blog Posts by various authors are the opinions of the author only and do not necessarily reflect the position of Home Shoppe Hawaii or other contributors. This blog does not give legal or tax advice and readers are encouraged to check with licensed professionals for advice on any specific topic and to verify any information herein. Questions? Please contact Yvonne Jaramillo Ahearn at 808-721-8088.
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