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The Kona Real Estate Page

Resident Expert!

Meet John Rabi, one of the KonaForum's resident Real Estate Experts! He is the CEO of Typically Tropical Properties here in Kailua-Kona. Amongst many of his talents, John writes articles for the monthly newsletter "Typically Tropical". John's writings will appear regularly on this page. Also, John has cordially agreed to answer any of your Big Island Real Estate questions. You can e-mail John by clicking HERE or send your questions to johnrabi@konaforum.com. Along with John's monthly articles we will publishing some of your questions here on this page along with John's expert answers. Look for John to be lurking in the Big Island Discussion Boards as well. You might get a personalized answer directly from the expert! Please check back here often for the most up to date information on Big Island Real Estate!

Real Estate Links

Don't Get Caught in this Web!

When you think of “online shopping,” you envision browsing through pages of results for clothing, music CDs, DVD's, collectibles, sporting goods, almost anything you can imagine. But what about your home? Are you going to add a 3BD/2BA house with fenced yard to your “shopping cart” and proceed to checkout with your credit information? It may seem like a ridiculous scenario, but the reason people look for (and sell) things online is convenience. It may seem harmless enough to brows the offerings on “For Sale By Owner” web sites, but be wary of the information presented there. Like elsewhere on the web, misinformation abounds. If you want to begin your search from the comfort of home while relaxing in your pajamas, start by looking at what licensed real estate agencies are offering. You can find“virtual tours” and links to neighborhood information that are backed up by the agency offering the listings. As it stands right now, you don’t get much protection from do-it-yourself listing sites. Be aware that these “For Sale By Owner” web sites are not yet regulated and not held to the same high
standards that you expect from a real estate professional. The Internet might be a great place to
start your research, but ultimately meet with a professional face-to face to guarantee both your legal rights and home buying satisfaction.

Unleash Your Potential

Everyone dreams of buying the perfect home. And why not? You will never find what you want if you don’t first know what you want! You will never find your dream home if you insist on living in a dream world. In other words, don’t be unrealistic or unwilling to compromise. All homes, even newly built ones, require some work to make them perfect for you. There are several ways to update that make a dramatic difference when you have found a home in the right location at the right price. An open mind helps you make your decision by allowing more possibilities. You may not find all the right criteria, price, condition and location, in one single home. Compromising on any of these factors can result in a very satisfying purchase. Negotiation is a normal part of any real estate transaction, especially if you have found a great home with a little further out than you planned, or a home in need of improvements that happens to be located in your perfect neighborhood. Real estate agents well understand
that communities rely on revitalization. Buyers willing to improve their property keep towns
and cities thriving. Pride of ownership helps homes in these communities gain in value, and
helps the owners gain equity. That is the true potential behind creativity and compromise; so
don’t be afraid to explore it!

Bubble?!

All “experts” talk about for the past two years is the real estate bubble that will burst. Prices have been steadily going up since 1997, but the prices have almost doubled during the mentioned two years. Don’t be alarmed; the real estate market is still strong on the Big Island. A huge buying power of retiring baby boomers; their children in strong earning positions and the largest number of immigrants ever combined with affordable mortgage rates will keep the real estate market steady!

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