Open Homes This Weekend

The Hansen Ohana proudly presents two properties open this weekend for viewing. Call 808-280-1650 for gate access.

Open Today, Friday July 20th from 1:00 pm to 5:00 pm Wailea Fairway Villas T-103

Breathtaking ocean views! Private corner window adding additional light to this renovated condo. Beautiful bamboo flooring, upgraded light fixtures, recently painted two bedroom two bath condo. Partially furnished. Community amenities include pool, hot tub, full kitchen and BBQ area for entertaining, fitness center and gathering room.

Open Saturday, July 21st and Sunday, July 22nd from 2:00 pm to 6:00 pm 388 Pualoa Nani

This spacious 4,348 square foot Wailea home offers you comfort and seclusion. Access this beautiful home via a long private driveway. The main home consists of 4 bedrooms, 3 and 1/2 baths, gym and gourmet kitchen with chef gas cooktop, two dishwashers, wet bar, two pantries, beverage refrigerator as well as large refrigerator/freezer. The main living room overlooks the pool and gardens. The three main bedrooms are upstairs along with a sitting room. Two bedrooms share the same bath with double sinks and has lanai access. The master site is located on the other wing with a beautiful master bath and private ocean view lanai. Downstairs is an attached guest suite with an additional living room with access to the additional bedroom and bath. This large suite has a separate entrance and is perfect for in-laws, nanny, caretaker or guests. Travertine and wood floors and many other additional amenities make this the perfect property for someone looking for space and privacy.

Paia, Prettiest Town In Hawaii

Architectural Digest has put out The Prettiest Town In Every U.S. State. Paia took the honor for the state of Hawaii. To see the complete list, you can view the article here.

Six Awarded Scholarships At Seabury Hall

Congratulations to the six Class of 2019 recipients of the Rising Senior Scholarship awards at Seabury Hall. The annual Seabury Hall Golf Tournament helps to generate the funds awarded for the scholarships as well as fund the athletic program.

Lucy Dustman, Lona Girardin, Jessica Griffiths, Kalena Pfaeltzer, Taylor-Ann Takatani, and Bryce Tarpey are the recipients for 2019. Criteria for receiving the honor are students who display leadership, serve their community, and have academic potential.

The next Seabury Hall Golf Tournament is scheduled to take place on September 8th at the Wailea Emerald Course.

Congratulations again to those students honored!

The Hansen Ohana In The News

Thank you to the Maui News for this wonderful article on our Ohana Real Estate Dynasty!

 

After decades of working in the real estate industry on the Mainland, Bob and Donna Hansen moved their family from California to Maui 28 years ago with visions of semi-retirement dancing like sugarcane caressed by the trades.

While Bob obtained his Hawaii Real Estate Broker license and Donna kept (and still maintains) a California Broker’s license as well as receiving a Hawaii Real Estate sales license, the original intention was to cherrypick real estate transactions as it applied to friends and those in need of their specific expertise.

Over the next couple of decades, the cherry-picking turned into a full-fledged harvest, and today the majority of the Hansen family enjoys the sweet fruits of the couple’s joint labor and love of real estate.

“It’s kind of funny, they moved out here to retire and ended up becoming the most successful Realtors on the island,” says their son Clint, who holds both a Real Estate and Real Estate Broker’s license and today is a principal player, along with his brother Daryl, in the family real estate business, Maui Luxury Real Estate LLC, under the umbrella of The Hansen Ohana.

Although ‘luxury’ is part of the family brokerage name, Clint quickly points out that they don’t discriminate when it comes to helping people with their property needs.

“It’s kind of a misnomer,” he explains, “because we handle everything from helping people sell their property at Harbor Lights all the way to the most expensive condo to ever sell in Hawaii.”

His father, says Clint, represented both the buyer and the seller in a $12.5 million condo transaction at Wailea Beach Villas. Conversely, he also remembers his father helping the family of a relative on Maui who was suffering from Alzheimer’s disease. As this individual’s mental state declined, episodes of hoarding increased and the family needed help in getting the property sold.

“We ended up moving everything out of the unit ourselves,” Clint recalls. “We then donated or sold the items and gave the family the proceeds. My dad, who is a handy guy, even replaced a hood vent because the family couldn’t afford to have the work done.”

Sparked by innate compassion, the drive to provide assistance and support fuels much of The Hanson Ohana’s unsurpassed success and spreads like welcome wildfire to the surrounding community. In addition to the family’s myriad donations of time and money to local schools, Bob is the co-founder of the Na Hale O Maui affordable housing project and Donna is involved in the Friends of the Children’s Justice Center of Maui, a staunch advocate for under-served children and the mentally ill on Maui, and has served on several state and county boards.

“My mom is a very altruistic individual,” Clint reveals. “The reason she’s as successful and hardworking as she is, is that she’s compelled to help people, and that extends deeply into everything we do.

“People use us time and time again because we’re committed to doing a good job and helping people, not just with the [real estate] transaction, but the entirety of their home ownership,” continues Clint, adding that he’s been called on to help off-island clients with everything from acquiring

cleaning services to checking on units and homes before or after big storms.

“We have long-standing relationships with all of our clientele.”

Another critical component of The Hansen Ohana’s meteoric rise to the top of Hawaii’s real estate brokerage firms is the use of hi-tech applications that allow them to reach the largest market possible.

“Our website is an absolute powerhouse,” Clint says, citing the company’s employment of key No. 1 online search terms such as “Kihei condos,” advanced tech features including Matterport 3D mapping with an in-house camera, and Clint’s FAA certification as a commercial aviation drone pilot — a rarity among local Realtors.

“But even with all the high-tech ties, we believe strongly in touch over tech,” Clint avows. “Being hands-on and having personal relationships with clients, other agents and the community is an important part of who we are and what we do.”

With 18 licensed agents currently part of The Hansen Ohana, plus a handful of support staff, Clint believes that having a synergistic, teamoriented philosophy and work ethic is paramount.

“In many offices, agents are in competition with other agents, and we just don’t work that way,” he says. “We partner with the agents in our office so that we can add new aspects and capabilities. When you hire us, you’re not just hiring my mom, my dad or me — you’re hiring a dozen-plus people. And that’s what really sets us apart; I think. We function like one complete team that can help each other out at any given moment.”

Last year, about 30 agents inquired about joining The Hanson Ohana team and only six were accepted —a testament to the firm’s stringent requirements.

“We want people who are going to dedicate their time to their craft and be community minded,” Clint explains.” We have a ton of fun in our office, but we also work very hard. It’s an incredibly stressful job, and it’s important to have even-keeled, happy people who want to be part of our team.”

As for Bob and Donna’s original take-it-easy plan of 28 years ago, Clint laughs and says, “Retirement is kind of a dirty word in our family.”

Even though he’s earned more and more responsibility for the company, Bob and Donna are still the big kahunas and working at 100 percent — as is everyone at The Hansen Ohana.

“At the end of the day, my parents will always be involved in the process and making sure that there are checks and balances in place,” Clint says, even as the firm is poised to move from generation to generation. Just as Clint became involved in the industry at 10 years old, riding his bike across town with property keys clutched in his hand whenever needed, the family eats and breathes real estate.

“In all likelihood, my kids will become involved if it’s something they’re interested in when they get older,” Clint concludes, “or any number of cousins, nephews and nieces. My daughters, Trinity and Victoria, are my parents’ eleventh and twelfth grandchildren, so we have a fairly large family from which to pull.”

Your continued support throughout the years is greatly appreciated! Mahalo!

July 2018 Newsletter

The Hansen Ohana Real Estate Group’s July 2018 Newsletter

We are thrilled to share with you that Bob and Clint were both recognized again this year as Top 100 Realtors for the State of Hawaii by Hawaii Business Magazine. With over 14,000 real estate licensees in the State this is a tremendous honor. They are the only father and son to both be recognized in the same year ~ 2018 was the second time they accomplished this feat.

LATEST REAL ESTATE STATS

Maui continues to show modest gains in real estate values over the last year. Lack of inventory is the number one issue facing Maui today. The average inventory decrease measured in months supply for Maui homes over the last year went from 6.2 months to 5.6 months supply for homes and went from 8 months to 5.2 months supply for condos. Pending sales have increased for all properties by 6.4% from the same time last year. This again shows the steady decrease of available inventory and increase in demand.

We continue to see increases in average homes prices island wide over the last year from $620,000 to $670,000 (an increase of 4.7%). There was an increase of average condominium prices (island wide) over that last full year from $421,000 to $465,000 (an increase of 6.9%). Over-all this is more evidence of a continued forecast of upward pressure on real estate prices. No one knows what will happen in the future, but affordability of homes may be hurt with continued increases in interest rates and home prices. The good news is that it really looks like there is no bubble in real estate prices like there was in 2007. Moving forward there may be a slight adjustment in the upper-end segment as new higher-end developer inventory in Wailea is coming back to the market as re-sales. Time will tell.

As always if you have any questions please email us at dad@mauirealestate.net or call Clint at 808-280-2764 or Bob at 808-283-9456.

In summary, while there is always local and International news that could affect the housing market, Real Estate has historically shown to be a store of value as well as one of the best ways to increase one’s net worth and family security. The current market appears sustainable into the near future.

WAILEA Updates:

TURTLE TRACKS

Many of us have noticed a new 7 passenger electric cart around Wailea and Kihei. This is a new transportation service and looks like a lot of fun. It is nice to know that you don’t have to rent a car to get around Wailea or Kihei.

SINGLE FAMILY LOTS AT GOLF ESTATES II

This new subdivision will be a part of the Wailea Golf Estates minus some Wailea benefits located just below the current subdivision. There are 16 lots of approximately 14,000 square feet each, with some having either ocean view or golf course frontage. The infrastructure is complete and sales, while a little slow, are happening. One developer built home is also currently in progress. Email us with your questions: dad@MauiRealEstate.net

MAKALI’I O WAILEA

This property is owned by Wailea Golf LLC and is planned to be co-developed by Armstrong Builders. It is located across the street and up from the Fairmont Kea Lani. The project is a sharp departure from the typical Wailea look. The look and feel will be mid-century modern with Hawaiian touches. There will be 17 buildings of 4 units each in a townhouse style. Most of the units will have grand ocean views and will be 2 or 3 bedroom homes with a garage. Pre-sales are over 90% sold and on-site breaking ground has begun.

MAKENA’S DISCOVERY LAND PROJECT

Makena’s Discovery Land gets the green light! We recently visited the newly approved project Makena Sunset which are now part of the Makena Resort with full club privileges. There are very few units available at around $12 million. We feel this is a special project with a fabulous location and ocean views. Makena Discovery Land will consist of 67 multifamily units: 18 single-family cottages, 26 custom lots, 9 vacation rentals and 14 condominiums. The project also allows for 27,300 square feet of commercial space. Have questions or interest? Call us for more information and a private tour: dad@MauiRealEstate.net 808-280-2764 (Clint) or 808-283-9456 (Bob).

HONUA KAI VILLAS NEW DEVELOPMENT

The opening of offerings of the first release of Luana Garden Villas l at Honua Kai Resort and Spa in Ka’anapali was very strong with over $60 million in sales since April 7th. There will be 72 three bedroom, three bathroom Villas with one car garages ~ 4 different floor plans available and are short term rentable. Construction has begun. We were impressed with the floor plans, finishes and location. Call us for more details.

MORE INFORMATION

Presently there are a lot of new developments at various price ranges, both residential and commercial, under way in Kihei, Kula, Kahului, Wailuku and West Maui. If you would like to learn about any of these new, current or future developments, contact us at dad@MauiRealEstate.NET

New law increases HARPTA (Hawaii Real Property Tax Act) from 5% to 7.25% for all transactions closing on or after September 15, 2018. For transactions closing on or before September 14, 2018 the 5% rate applies. What is HARPTA? “The Hawaii Real Property Tax Act: Hawaii Revised Statutes 235-68 seeks to ensure that non-residents of Hawaii – individuals and entities – report and pay applicable capital gains tax when they sell Hawaii real property interests.”

On another note the Wailea Community Association has notary services once again.

Please call us anytime if you or someone you know is considering buying or selling property on Maui. We look forward to hearing from you.

Warmest Aloha,

Bob, Clint and Donna

Bob Hansen, Realtor® Principal Broker

Clint Hansen, Realtor® Broker-in Charge

Donna D. Hansen, Realtor® (S)