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PDF Editor FAQ

Why do real estate professionals (agents) use “for sale by owner” signs to sell their own property?

Not in the State of Hawaii. Once you are a licencee, you are forbidden to EVER sell your own home as FSBO, even if you deactivate your licence.In fact it’s a disclosure item on the standard purchase contract whether any party has ever been or is a licencee.BTW, it seems most states have very similar real estate law, so I suspect other states have a similar policy.

Are real estate agents becoming obsolete?

With today's technology in a vacuum....no. But I think it's certainly possible in the residential space given the consumer protections in place. Here are some challenges and examples of how technology can help.* Zillow meets Tripadvisor. Today, we can easily find out what people think of the local sushi restaurant or the B&B in Hawaii, but there's no way to find out what others thought of the home they visited. Homebuyers don't feel comfortable verbalizing why they didn't like the home but they'll be more likely to share their experience online.* I agree with the above comments that Zillow by itself does not "know" neighborhoods. But can communities have "mayors" or other trusted sources that know the neighborhood and provide feedback that isn't incented on whether you buy/sell a home?* Home Inspection fees. There's no reason why each prospective homeowner should have to pay $300 for an independent home inspection on the same house. Post the inspection online and allow others to access for a reduced fee so that the fee is amortized across larger #s.* When there are negotiations that involve a 3rd party who benefits from the sale, either side can be at a disadvantage. I know there are incredibly talented agents out there who have built a reputation on their loyalty to their client but there should be a way for buyer and seller to negotiate directly online with CMAs and negotiating tips at their disposal. Not everyone will feel comfortable with the direct negotiation approach but the parties should at least have the option without having to resort to the FSBO route.* Integration with LegalZoom's documents and support. The significant majority of residential home contracts are exactly the same within a certain state. Something like Legalzoom can walk the homebuyer through the terms and populate the contract. Homebuyers can then submit their offer online without involvement from the real estate agent.* And every seller's favorite...a calendar. One of the biggest complaints from sellers is that homebuyers don't give much notice or any notice at all. Integrate a Google Calendar so that the homebuyer knows when the home is available for showing without making a call.BTW, I think that the issue is less about technology as there are hundreds of thousands of incredibly hard working agents who built their careers in this industry.

Why doesn't America give Hawaii back to the Hawaiians?

In this case history cannot be reversed. There is no way we can determine who the original Hawaiians were. When the Whites arrived and became large plantation owners, Native Hawaiians possessed no deeds to the land. The concept of deed and contracts was unknown to the Hawaiian indigenous people. In their own minds they knew which lands were theirs. Without ownership papers it was easy for unscrupulous White Europeans to form contracts, land deeds and have the Native Hawaiians sign over their real estates. These lands were used to plant sugar cane and to construct mansions for the new White landowners. The Protestant missionaries also came to Hawaii to teach the Hawaiians about Jehovah, Christ, and the Bible. The natives gladly built modest homes for the missionaries who labored hard to make Hawaiian a written language. The missionaries also translated the sixty-six books of the Holy Bible into Hawaiian. As the plantation owners imported more workers from different countries to toil in the sugar cane lands, people eventually saved enough money to send their children to trade schools and the universities to return as school teachers, medical doctor, attorneys, business managers, etc. And as Native Hawaiians and the various ethnic groups intermarried, they looked at themselves as Americans. There is no way we can return to the days of Ancient Hawaii. Hawaii is the 50th State of the United Stated of America. We enjoy full rights as Americans. America (the United States) is the only country and nation we know. America cannot give Hawaii back because Hawaii is part of America.

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