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Hawaii Seller Offers $100,000 Buyer Finder Fee

A Hawaii couple is offering a $100,000 bounty to whomever brings them a full-price buyer, but real estate practitioners aren’t eligible.

David Bangert and Linda Harris of Kailua listed their properties five months ago with no luck. One of the properties is 2,500-square-foot, four-bedroom home on a 35,000-square-foot ocean-front lot in the Windward Oahu community of Hauula, listed for $1.7 million. The second property is a 38-acre undeveloped parcel near the ocean in the Keau area of the Big Island for $1.2 million.

Harris says the offer is legal under Hawaii law as long as the person who collects the fee isn’t a real estate professional.

Potential claimants must first register with Harris by contacting her at llharris@hawaii.edu.

Source: The Associated Press

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