JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
ABOUTME
Whenyou'reinneedofareliable,drivenrealestateagenttoassistyouinfulfi llingyourdreamofowningahome orsellingyourproperty,looknofurther.
AsalicensedrealestateagentandaCertifi edResidential Specialist(CRS),Iwillguideyouthroughtheprocessof fi nding aperfecthomeorinvestmentforyouandwillanswerany questionsyoumighthaveabouttheprocess.Iknowtheins andoutsoftheindustryandamdedicatedtoprovidingyou withthebestservicepossible.Iamahighlymotivated individualwithaneyefordetail,whohasyearsofexperiencein theindustry.
AsamemberoftheNationalAssociationofRealtors(NAR)and acertifi edLuxuryMarketingSpecialist,Ihaveaccessto valuableresourcesandspecializedtrainingintheluxuryreal estatemarket,givingmeanaddededgeinservingmyclients.
Asanexperiencedrealestateagent,Ihavetheexpertiseand knowledgetoguideyouthroughthebuyingorsellingprocess withease.Myfocusisonprovidingyouwiththeguidanceand supportyouneedtomakeinformeddecisionsandensurea smoothtransaction.
Inadditiontomymanyyearsofexperienceasalicensedreal estateagent,I'malsodeeplycommittedtoongoingeducation andstayingcurrentwiththelatestindustrytrends.Iregularly participateincontinuingeducationcoursesandprofessional developmentopportunitiestoensurethatI'mup-to-dateon thelatestbestpractices.
HavingmovedfromAlaskatoHawaii13yearsago,Ihavegainedgreatfamiliaritywithresidential,andluxurious propertieshereontheBigIsland.Asatrustworthyagent,Io erhonestcounseltohelpclientsmakeinformed decisionsthatwillturntheirdreamsintoreality.It’snotallaboutbusiness.Ivaluebuildingstrongbusiness relationshipsbyexceedingtheclients'expectations.
Outofrealestate,Ilovehiking,traveling,andfreediving.Ibelievethatinaworldwherewecanbeanythingwe want,weshouldchoosetobekind.I'manoutgoing,friendlyperson.Withme,thewholetransactionfeelsmore humanandpersonalsoyoucanfeelmoreatease.
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
MY TESTIMONIALS
Jennifer Bien was a delight to work with. Very knowledgeable, good strategy for making an o er, gave good explanations, always timely, supported us well with a couple of issues that came up. Couldn't have asked for a better real estate agent. Highly recommend her!
Jan
Jennifer was wonderful from the beginning to the end of our Hawaii home purchase. She’s extremely well informed about the local real estate market and handled every problem that came up with professional ease! And even after the closing she was super helpful with info and phone numbers of reputable contractors for plumbing, gate installation, etc. She’s very patient and honest and I would highly recommend her to anyone looking to purchase or sell a home!
Joe
The experience we had buying our home with Jennifer Bien was amazing!!! We were buying a home long distance, and Jennifer made the process not only easy but fun! She went above and beyond to keep us informed and moving forward. I came out of this with not just a new home, but also, a new friend! Thank you, again, Jennifer for all the help and encouragement! I highly recommend Jennifer Bien Hawaii Real Estate!!!!
Annie
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
WHYCHOOSEACRSDESIGNATEDREALTOR?
InthepicturesquetownofKailua-Kona,manyrealtorsareeagertoassistyou.However,only24holdthe prestigiousCertifi edResidentialSpecialist(CRS)designation.Iamhonoredtobeamongthiselitegroup.
WhatistheCRSDesignation?
TheCRSdesignationisthepinnacleofcredentialsforresidentialsalesagentsandbrokers,recognizedbytheNational AssociationofRealtors(NAR)ando eredbytheResidentialRealEstateCouncil(RRC).
Qualifications:
● MemberingoodstandingwithNAR
● Closed60+residentialtransactionsinthepast5yearsor$30millioninsales
● CompletedrigorousRRCcoursesonvariousrealestatetopics
WhyWorkwithaCRSDesignee?
Expertise:
Ibringadvancedknowledgeandstrategiestothetable,ensuringyougetthebestdeal,whetheryou'rebuyingorselling.
Commitment:
MyCRSdesignationisatestamenttomydedicationtoprovidingthehighestlevelofservice.
ExclusiveResources:
Icanconnectyouwithtop-tierrealestateprofessionalsoutsideofKailua-Konaando erexclusiveRRCresourcesand educationalopportunities.
Choosingtherightrealtorcansigni ficantlyimpactyourexperience.BypartneringwithaCRS-designatedrealtorlikeme, you'reensuringasmoothandbeneficialrealestatejourney.Iamcommittedtobeingbyyoursideeverystepoftheway.
YourRealEstateJourney
Choosingtherightrealtorcansigni ficantlyimpactyourexperience.BypartneringwithaCRS-designatedrealtorlikeme, you'reensuringasmoothandbeneficialrealestatejourney.Iamcommittedtobeingbyyoursideeverystepoftheway.
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
THEHOMESELLINGPROCESS INSPECTION
Buyersareexpectedto performduediligence tosatisfyinspection, appraisal,andloan contingencies.
CHOOSING ANOFFER
Anagentwillpresentthe benefi
STRATEGICPRICING
Anagentwillhelpprovidea ComparativeMarketAnalysis (CMA)toillustratethe multipleperspectives necessarytoaccountfor whenpricingahome.
o er.Afterreviewingano er, youcanaccept,decline,or o eracounteronprice and/orterms.
MARKETING
Eachpropertyrequiresa erentmarketingpackage basedonthesupplyand demandoftheproperty.It canincludestaging,open houses,mailers,socialmedia, andmore.
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
IMPORTANCEOFROOMSSTAGEDFORBUYERS
LIVINGROOM
MASTERBEDROOM
DININGROOM KITCHEN
CHILDREN'SROOM BATHROOM YARD/OUTSIDESPACE
GUESTROOM
WhatisStaging?
Homestagingisthepreparationofaprivateresidenceforsaleintherealestatemarketplace.
Whystageahome?
Thegoalofstagingistomakeahomeappealingtothehighestnumberofpotentialbuyers,therebysellinga propertymoreswiftlyandformoremoney.
NOTES:
•83%ofbuyers’agentssaidstagingahomemadeiteasierforabuyertovisualizethepropertyasafuture home.
•25%ofbuyer’sagentssaidthatstagingahomeincreasedthedollarvalueo eredbetweenoneand fi ve percent,comparedtoothersimilarhomesonthemarketthatarenotstaged.
•40%ofbuyers’agentscitedthathomestaginghadane ectonmostbuyers’viewofthehome.
Source:NationalAssociationofRealtors
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
ODDSOFSELLINGATORABOVELISTPRICE
Thelongerhomeslastonthemarket,thelowertheoddsofsellingforlistprice.
Shareofhomessellingatorabovelistprice
WhyisOpeningweekendimportant?
It’sworthrememberingthattheaveragetimeonthemarketvariesfromareatoarea.
Openingweekendisyourhome’s fi rstimpression.Justlikeopeningweekendiscrucialforblockbuster movies,openingweekendsetsthetoneforyourhomesale.Reviewswillbeinbytheendoftheweekend,and it’scriticaltopayattentiontothefeedback–andanalyzethetra c.
Ifyouonlyreceivedrive-bysandonlineview,it’sindicativethatyourhomeisoverpricedby10%orhigher (Loworinfrequentshowingscanindicatethatthehomeisoverpricedby5-10%).
Ifyouhaveshowingsbutnoo ers,itcanindicateaminorrepairorupdateisneeded.Itcouldalsoindicate thatthehomeisoverpricedby5%.
Source:ZillowListingData
WEEKSONMARKET
WHYPRICINGCORRECTLYISIMPORTANT
Howahomeispriceddirectlyimpactsthevolumeof potentialbuyersthatahomeattracts.
Pricingispsychological.
Pricingatvalue:Triggersasenseofurgencyinthebuyertoactimmediatelyandnotlet"adeal"passby.
Pricingwellbelowvalue:Opensupbuyerconcernsaboutwhatmightbewrongwiththehome.
Pricingwellabovevalue:Closeso apoolofbuyersthathavesetlimitsontheirsearch.
PERCENTAGEOFPOTENTIALBUYERSWHENPRICEDCORRECTLY
Source:ZillowListingData
PRICINGMISCONCEPTIONS
WhatisanAVM-AutomatedValueModel?
AnAVMissimplyanestimate.It’sbasedona modeledformulathataccountsformultiple variablesthatrangefrommarketconditionsand homefactstobuyerinterest.AVMsshouldbe consideredinthebigpictureandareagreat startingpointforagents.
Thereareover1.7billionwebsitesglobally,andover 200millionintheU.S.alone.Buyersarelikelyto checktheZillow“Zestimate”whentheystarttheir onlinehomesearch.Infact,Zillowranksinthetop 24mostvisitedU.S.siteswitheachvisitorspending anaverageof7minutesonaverage.
WHEREDOBUYERSGETTHEIR INFORMATION?
Ahome'svalueisdirectlyrelatedtowhatabuyeriswillingtopay.Understandingwhere buyersgettheirinformationhelpsformaperspectiveonwhatabuyerisexpectingto pay.Thefollowingfourareasarethemostcommonsources:
ONLINE SOURCES
For44%ofrecentbuyers,the fi rst stepthattheytookinthehome buyingprocesswastolookonlineat propertiesforsale(source:NAR).
PROFESSIONALS
RealEstateAgents,Lenders,Financial PlannersandotherProfessionalsare abletobalanceandweighthemarket informationinconjunctionwithother buyer'ssituation.
SPHEREOF INFLUENCE
It'snaturaltoleanontheadviceand experiencefromfriends,familyand neighbors.
PERSONAL EXPERIENCE
Itiseasytoformanopiniononwhat somethingmightbeworthbasedon fi rsthandknowledgeorperceived value.
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
UNDERSTANDINGHARPTAANDFIRPTAFORNONRESIDENTSELLERS
NavigateYourSalewithConfi dence
SellingpropertyinHawaiicomeswithuniquetaximplications,especiallyundertheHawaiiRealPropertyTax Act(HARPTA)andtheForeignInvestmentinRealPropertyTaxAct(FIRPTA).Thisguideisdesignedtogiveyou aclear,conciseunderstandingoftheselaws,ensuringyou’rewell-preparedforyourpropertysale.
HARPTA:WhatEveryNon-ResidentSellerShouldKnow
Scope: HARPTAspecifi callytargetsnon-residentsellersofrealpropertyinHawaii.It’sastatewithholdingtax designedtoensurenon-residentsfulfi lltheirstateincometaxobligations.
WithholdingRate: Therateis7.25%ofthegrosssaleprice,whichmaybesubjecttoyourtaxliabilityinHawaii.
Exemptions: Sometransactionsareexempt,suchaswhensellingataloss.Consultataxexpertto understandifyouqualifyfortheseexemptions.
FilingDetails: You’llreportHARPTAwithholdingsonyourstatetaxreturnintheyearfollowingthesale.Atax professionalcanguideyouthroughpotentialrefundsoradditionaltaxresponsibilities.
FIRPTA:ForForeignPersonsSellingU.S.RealEstate
Scope: FIRPTAdealswithforeignpersonsorentitiessellingU.S.realestate,ensuringfederaltaxobligations aremet.
WithholdingRate:15%ofthegrosssalespriceisthestandardwithholdingunderFIRPTA.
Exemptions: Certainconditions,likethebuyerusingthepropertyasapersonalresidence,canleadto exemptionsifthesalespriceisbelowaspecifi cthreshold.
FilingDetails: FIRPTAwithholdingsarereportedonyourfederaltaxreturninthesubsequentyear.Expert adviceiscrucialforcomplianceandunderstandinganytaximplications.
EmpoweringYourRealEstateDecisionsUnderstandingHARPTAandFIRPTAisvitalforasmooth,compliant propertysale.Beinginformedhelpsyouestimatethenetproceedsfromyoursaleaccuratelyandplan accordingly.
FurtherInformationThisoverviewisyour fi rststeptowardsmasteringthesetaxrequirements.Foradeeper diveandpersonalizedadvice,consultataxprofessional.
JenniferBien DRE#:RB-24077
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
• Appraisal: Anestimateofaproperty'svalue,typicallyperformedbyaprofessionalappraiser.
• Closingcosts: Expensesassociatedwithbuyingorsellingaproperty,suchaslawyer'sfees,titlesearchfees, andtransfertaxes.
• Contingency: Aconditionthatmustbemetbeforearealestatecontractbecomeslegallybinding. Contingenciesareoftenusedtoprotectthebuyerorsellerfromunforeseen circumstancesthatmaymakethetransactiondi cultorimpossibletocomplete.Theyarecommoninreal estatepurchaseagreementsandcanincludeavarietyofdi erent
• Financingcontingency: Aconditionthatrequiresthebuyertosecureamortgageinorderforthesaletogo through.
• Appraisalcontingency: Aconditionthatrequiresthepropertytoappraiseforacertainvalueinorderforthe saletogothrough.
• Inspectioncontingency: Aconditionthatgivetheoptiontothebuyertohireaprofessionalinspectionsto examinetheproperty.
• Saleofbuyer'spropertycontingency: Aconditionthatrequiresthebuyertoselltheircurrentproperty beforetheycanpurchasethenewone.
• Escrow: Aneutralthirdpartythatholdsontofundsordocumentsduringarealestatetransaction,tobe releasedwhencertainconditionsaremet.
• Equity: Thedi erencebetweenaproperty'svalueandtheamountstillowedonitsmortgage.
• Feesimple: Thisisatypeofpropertyownershipinwhichtheindividualorentityholdstherighttouse, occupy,anddisposeofthepropertyastheysee fi t,subjecttoanyzoningor otherland-useregulations.Alsoknownasfeesimpleabsolute,itgivestheownerthegreatestpossibledegree ofownershipandcontrolovertheproperty,andisthemostcommon typeofpropertyownershipintheUnitedStates.
• Foreclosure: Theprocessbywhichalenderseizesandsellsapropertythattheborrowerhasdefaultedon theirmortgagepayments.
• Homeowner'sassociation(HOA): Anorganizationresponsibleformaintainingcommonareasina developmentandenforcinglocalcovenants,conditions,andrestrictions.
• Lease: Alegallybindingcontractbetweenalandlordandtenantfortherentalofaproperty.
COMMONLYUSEDWORDSUSEDINREALESTATECONTINUED
•Leasehold: Atypeofpropertyownershipinwhichthetenantholdstherighttouseandoccupyaproperty foracertainperiodoftime,typicallyunderthetermsofaleaseagreement. Thelandlord,orlessor,retainsownershipoftheproperty.
•Listingagreement: Acontractbetweenapropertyownerandarealestateagentgivingtheagenttheright tolistandselltheproperty.
•Mortgage: Aloanusedtobuyaproperty,typicallysecuredbythepropertyitself.
•MultipleListingService(MLS): Adatabaseofpropertiesforsale.TheMLScontainsdetailedinformation aboutproperties,suchastheirlocation,size,features,andprice,andallows agentstosharelistingsandcollaboratewitheachotherto fi ndbuyersfortheirclients.
•REALTOR®: ArealestateagentorbrokerwhoisamemberoftheNationalAssociationofREALTORS®(NAR), thelargestprofessionaltradeassociationintheUnitedStates.
•TobeaREALTOR®,anagentorbrokermustmeetcertainqualifi cations,suchascompletingacertain amountofcontinuingeducation,andagreetoabidebyastrictCodeofEthics, whichsetsstandardsforhonesty,integrity,andprofessionalism.
•ThetermREALTOR®isaregisteredtrademarkoftheNAR,anditcanonlybeusedbymembersofthe association.Itisasymbolofdistinction,anditindicatesthatarealestate professionalisamemberoftheNARandhasagreedtoadheretotheassociation'sCodeofEthics.
•PreliminaryTitleReport: Adocumentthatprovidesdetailedinformationaboutaproperty'stitle,including anyliens,encumbrances,orotherissuesthatmaya ectthebuyer'sownership oftheproperty.Itisa fi rststepintheduediligenceprocess,anditisusedtohelpbuyersandlendersevaluate theclearnessofthepropertytitlebeforecommittingtoapurchaseor fi nancing.
• Propertytax: Ataximposedonrealestatebythegovernment.
•SellerDisclosure: Adocumentthatprovidesdetailedinformationaboutaproperty'scondition,includingany knownorpotentialissuesorconcerns.Itistypicallyprovidedbythesellertothebuyerbeforethesale,asa wayofinformingthebuyerabouttheproperty'sconditionandanyissuesthatmaya ectitsvalue
• Title: Alegaldocumentthatprovesownershipofaproperty.
• TitleCompany: Acompanythatspecializesintheexamination,research,andinsuranceofpropertytitles. Titlecompaniesplayanimportantroleintherealestatetransactionprocess byverifyingthatthepropertybeingsoldisfreeofanyliensorotherlegalissuesthatcoulda ectthebuyer's ownership.Theyalsoprepareandprocessclosingdocuments,disburse funds,andensurethatallpartiesmeettheircontractualobligations.
•Zoning: Locallawsthatdictatehowapieceofpropertycanbeused,suchasresidential,commercial,or industrial.
DRE#:RB-24077 jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
JenniferBien DRE#:77409
jenniferlbien@gmail.com(808)938-3052http://jenniferbien.nexthomeparadise.com
