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Kauai Real Estate – Strategies For Success In a Down Market

Have you been waiting for the Kauai real estate market to bottom out?  If so, wait no more.  Here are a few effective strategies to help you achieve your Kauai real estate dreams now.

1. CASH – We all know that “cash is king”.  If you can be a cash buyer, then the chances of negotiating a  discounted price are much improved.  Kauai sellers all want to know they have a solid deal,  and by eliminating the lengthy and strict loan process sellers feel motivated to be flexible on price.

2. MULTIPLE OFFERS – If more than one Kauai property has caught your eye, then oftentimes submitting  simultaneous offers will increase your bargaining edge. Usually when a seller knows a potential buyer is submitting more than one offer,  it inspires them to counter back at their very best price.

3. QUICK CLOSE – A short escrow can be very appealing to a seller.  If you have the ability and the confidence to close the deal quickly,  you can usually negotiate a discount on your Kauai purchase price.

4. FEW CONTINGENCIES – The more straightforward your offer is, the more attractive it becomes to a seller.  If you can avoid extenuating contingencies,  then you may be able to achieve substantial savings by keeping your offer clean and simple.

5. BE A NEGOTIATOR – After you receive your initial counter offer, don’t be discouraged, good things often don’t come easy.  Be ready and willing to work with your agent to negotiate through multiple rounds if necessary.  With a bit of  determination, you may eventually get the price you’re after.

6. WORK WITH A KNOWLEDGABLE REALTOR – Most realtors specialize in a particular region.  It’s best to find an agent who really knows the market.  My speciality is the North Shore of Kauai, I grew up here and have been successfully representing buyers and sellers for nine years. Please contact me at 808-639-7966 or courtney@hawaiilife.com for all of your North Shore Kauai real estate questions.

By using one or more of these basic purchasing strategies, you can work with me to achieve your Kauai dream sooner than you may think.  It’s a great time to be a buyer!

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Roberta Haas

December 28, 2009

Good information..

Roberta Haas

December 28, 2009

Good information..

Susanna Kunkel

December 29, 2009

Courtney, this is great. Buyers need to have tenancity in this market, and also the kind of experienced help seasoned agents like yourself provide. Especially when negotiating on short sales or foreclosures. Patience and tenancity pay off, but it might take several offers. I’ve worked with buyers this year where we made up to 9 different offers on short sales, and in the end they found the perfect property at the right price!

Susanna Kunkel

December 29, 2009

Courtney, this is great. Buyers need to have tenancity in this market, and also the kind of experienced help seasoned agents like yourself provide. Especially when negotiating on short sales or foreclosures. Patience and tenancity pay off, but it might take several offers. I’ve worked with buyers this year where we made up to 9 different offers on short sales, and in the end they found the perfect property at the right price!

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