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Maui

Cash Bidding War Sells Haiku Home at 97% of Asking Price – Stice Team

610 Kaupakalua Rd. Sold in Haiku, Maui

The Stice Team is proud to announce that we just closed a large home and cottage in Haiku at 610 Kaupakalua Rd. – we represented the seller on the transaction. We did our best job of Smart Marketing and Solid Representation on the property and the results show – we procured multiple competing offers and the property closed at 97% of the original asking price to an all cash buyer.

Smart Marketing

As with all of our Stice Team exclusive listings, Jeremy and I do our best to capture/enhance the best aspects of the property through our professional photography/videography and to use the power of HawaiiLife.com and our other internet syndication to expose the property to the world. (Please visit www.SticeTeamMarketing.com to see our 11 point blog on exactly what we do to promote the property and interests of our seller clients.)

Here is a link to our just listed blog on 610 Kaupakalua Rd. that had a video tour and some great photography. To help stir up the fire, I wrote another blog about Maui Sustainable Living and Real Estate that incorporated 610 Kaupakalua into one of my great passions.

Solid Representation

Here are some of the many things that we did to assist the seller in this transaction:

  1. This property was listed with a different brokerage firm for over a year with very few showings and no offers. When the Stice Team listed the property, we had about a total of 40 different showings on the property and procured competing cash offers that we were able to leverage against one another to get top dollar for the seller.
  2. We sold the property for 97% of original listing price to an all cash buyer with no need for appraisal or potential other issues.
  3. We successfully negotiated the seller from covering any repair costs from the C-51 home inspection, which likely saved the seller thousands of dollars.
  4. I personally helped the seller move a fence on the property in order to avoid any additional costs with encroachment agreements with the neighbors, which created goodwill with the buyers; as a result the buyer signed off on this contingency.
  5. We negotiated a situation to allow the seller to lease back the home from the new buyer in order to create a better environment to allow the sellers to move their children to a new house without the stress of a frantic move at closing.
  6. We worked with the tenants in the cottage to schedule showings despite the obstacles that they presented. We also made it possible for the seller to not have to deal with the tenant moving out and the challenges that sometimes presents as the new buyer assumed their lease.

The Stice Team: Long Time Haiku Residents & Real Estate Experts

When you’ve lived in Haiku for 33 years (Tracy), or were born and raised on Ulumalu Rd. (Jeremy), first hand experience of Haiku’s real estate market comes easily. As a father and son team, Jeremy and I have just that – a true passion for the Haiku life and decades of professional expertise connecting Maui buyers and sellers. Couple this with the power of HawaiiLife.com, Hawaii’s #1 real estate search engine – who better to sell your Haiku property?

The Stice Team is here at your service, how can we help you?

Tracy Stice, R(B)
808.281.5411
Tracy@HawaiiLife.com
Maui Broker in Charge
2010 Hawaii Association of REALTORS State President
GRI, CRS, CRB, E-Pro, Green, RSPS

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Bill

January 29, 2012

So are you saying it wouldn’t have appraised at sales price if appraisal had been done?

Tracy Stice

January 31, 2012

Bill, It probably would have appraised higher than sales price, but there were other issues involved that perhaps would have to be been dealt with involving appraisers and underwriting.

Tracy

Bill

January 29, 2012

So are you saying it wouldn’t have appraised at sales price if appraisal had been done?

Tracy Stice

January 31, 2012

Bill, It probably would have appraised higher than sales price, but there were other issues involved that perhaps would have to be been dealt with involving appraisers and underwriting.

Tracy

Justin - Head of Innovation

January 30, 2012

Great job Stice Team! You definitely know how to use Hawaii Life’s smart marketing effectively. I think the number of showings and the cash bidding war speaks for itself.

The solid representation the Stice Team brings to the table is 2nd to none. Helping the seller move a fence goes above and beyond the duties of a Realtor, which shows your commitment to your clients.

Justin - Head of Innovation

January 30, 2012

Great job Stice Team! You definitely know how to use Hawaii Life’s smart marketing effectively. I think the number of showings and the cash bidding war speaks for itself.

The solid representation the Stice Team brings to the table is 2nd to none. Helping the seller move a fence goes above and beyond the duties of a Realtor, which shows your commitment to your clients.

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