⭐ Invest808 — Frequently Asked Questions (FAQ)

For Buyers, Sellers & Real Estate Investors in Honolulu & Waikiki

💼 Investor‑Focused FAQs

Does Invest808 work with out‑of‑state or international buyers?

Yes. Services include:

• Virtual showings
• Digital document signing
• Market briefings
• Coordination with lenders, escrow, and tax professionals

Can Invest808 help evaluate ROI and cash flow?

Absolutely. We provide:

• Rental income projections
• Expense modeling
• Cap rate and cash‑on‑cash analysis
• Market trend interpretation

What types of properties does Invest808 specialize in?

We focus on Honolulu and Waikiki investment properties, including:

• Cash‑flowing condos
• Fee simple and leasehold units
• Turnkey rentals
• Value‑add opportunities
• Investor‑friendly buildings with strong rental demand

Does Invest808 offer property management?

Yes. Hawaii Dream Realty LLC provides full‑service property management, including tenant placement, maintenance coordination, and financial reporting.

Can Invest808 help me evaluate cash flow and ROI?

Absolutely. We specialize in investor‑focused analysis, including:

• Rental income projections
• Operating expense modeling
• Cap rate and cash‑on‑cash calculations
• Market trend interpretation

🏡 Buyer Representation FAQs

(Based on the Buyer Representation Contract RR104 Rev. 2/25)

What does it mean to sign an Exclusive Buyer Representation Contract?

It means you authorize a brokerage firm to represent you exclusively in your property search and negotiations. You agree to conduct all negotiations through your agent and notify them of any properties you find independently, including FSBO or online listings.

Can I work with multiple agents at the same time?

No. The contract grants your brokerage firm the exclusive right to represent you. You agree not to enter into another exclusive buyer agreement during the term.

Why is exclusive buyer representation advantageous to a buyer?

Exclusive representation ensures your agent works solely in your best interest, not the seller’s. You receive full fiduciary duties — confidentiality, loyalty, due care, and diligent representation — throughout the transaction.

What does my agent do for me under exclusive representation?

Your agent must:

• Search for properties that match your goals
• Present all offers promptly
• Promote your interests in negotiations
• Disclose any known material facts affecting value
• Assist through contract, escrow, and closing steps These duties are required under the Buyer Representation Contract.

Does exclusive representation give me better access to properties?

Yes. Your agent actively searches across all sources — MLS, off‑market opportunities, new listings, FSBO, and online platforms — and alerts you quickly so you can act in a competitive market.

How does exclusive representation protect me during negotiations?

Your agent cannot represent competing buyers against you and cannot prioritize another client’s offer over yours. You receive undivided advocacy and strategy tailored to your goals.

Does exclusive representation help prevent conflicts of interest?

Absolutely. Without an exclusive agreement, you risk mixed loyalties or limited guidance. Exclusive representation ensures you are the client — not a customer — and your interests come first.

Can I still buy a FSBO or off‑MLS property?

Yes. You notify your agent of any property you find, and they represent you fully in the negotiation and purchase process, even if the seller is unrepresented.

Does my agent provide tax or legal advice?

No. The contract clarifies that agents cannot provide tax, legal, or technical advice. Buyers are encouraged to consult qualified professionals when needed.

Is dual agency allowed?

Yes, but only with separate written consent. In dual agency, the brokerage must remain neutral and cannot favor one party over the other.

What are my obligations as a buyer?

You must act in good faith, provide necessary financial and personal information, attend inspections, keep appointments, and notify other agents that you are represented.

Does my agent give tax or legal advice?

No. The contract states that agents cannot provide tax, legal, or technical advice. Buyers are strongly encouraged to consult appropriate professionals.

What is dual agency and is it allowed?

Dual agency occurs when the same brokerage represents both buyer and seller. It is permitted only with written consent and requires the brokerage to remain neutral.

Do I have to pay my buyer’s agent?

You guarantee compensation to your brokerage firm. This may be paid by the seller or listing brokerage, but if that amount is insufficient, you pay the difference at closing.

🏠 Seller Representation FAQs

(Based on the Exclusive Right‑to‑Sell Listing Contract RR101 Rev. 9/24)

What is an Exclusive Right‑to‑Sell Listing?

It gives the brokerage firm the exclusive right to market and sell your property. The brokerage earns a commission regardless of who procures the buyer — including the seller.

What are my responsibilities as a seller?

You must:

• Prepare the property for showings
• Provide keys and access
• Secure valuables
• Respond to offers in writing
• Provide required disclosures under HRS 508D

What disclosures am I required to provide?

You must disclose all material facts that could measurably affect the property’s value, including flood zones, noise exposure, tsunami inundation areas, and known defects.

Can I cancel my listing agreement early?

Either party may cancel with written notice, but not before the minimum listing period end date unless both parties agree in writing.

What is the Protection Period?

If a buyer who was introduced to the property during the listing period purchases it within the Protection Period, the listing brokerage may still earn a commission.

What closing costs am I responsible for?

Sellers typically pay:

• Commission
• 60% of title insurance
• Conveyance tax
• Escrow fees (50%)
• Required disclosures and HOA documents

📄 Purchase Contract FAQs

(Based on the Purchase Contract RR201 Rev. 2/25)

When does the Purchase Contract become binding?

Once both parties sign, the contract becomes legally binding. Handwritten terms override printed terms if there is a conflict.

What is the Initial Earnest Money Deposit?

It is the buyer’s first deposit, due within a specified number of business days after acceptance. Failure to deposit may allow the seller to terminate.

What happens if the appraisal or loan approval is delayed?

The contract outlines specific timelines for prequalification, conditional loan approval, appraisal, and final loan conditions. Failure to meet these deadlines may allow either party to cancel.

What is included in the sale?

Built‑in appliances, fixtures, and any items checked in the inclusions list. Personal property is excluded unless specifically listed.

What happens if title issues are discovered?

The seller must attempt to cure defects. If they cannot, the buyer may choose to accept the defect or either party may cancel.

When does the buyer get possession?

Possession transfers at closing unless otherwise agreed. Sellers must provide at least one functioning set of keys and controls.