Condos have been restored as a simple property type with REsearch 4.4. The upgrade was completed early this morning. We’d like to thank you for your feedback, support, and patience over the past few weeks, and following this change, we look forward to implementing additional improvements to ensure REsearch remains a vital and useful tool in growing your business.

Below, please find a summary of changes you’ll find in REsearch 4.4, beginning with the condo type. We’d also like to provide some updated tips on listing and searching for properties in REsearch.

REsearch 4.4 Changes

Here is a summary of changes included with today’s REsearch 4.4 release. Going forward, we plan to provide more frequent and detailed updates on enhancements and fixes made to REsearch.

  • Restored “Condo” as a Property Type.
  • Moved “Terms Acceptable” section from “Listing Details” to the top of “Financial Details.”
  • Combined “REO” and “Lender Sale” options into a single “REO/Lender Sale” option, and moved it from “Restrictions on Commission” to “Disclosures.”
  • Removed “Due on Sale” and “Seller Financing” options from “Terms Acceptable.”
  • Removed “Relative of Licensee” from “Disclosures” section.
  • Removed “Yard Space” and “Vacant Area” from “Fencing Section” of “Property Details.”
  • Removed “Subject to Replacement Property” from “Sale Condition.”
  • Added “Fiber Cement Siding” to exterior options under the “Building” section.
  • Added “Upon Recordation” to “Possession.”
  • Under “Fees,” clarified values are monthly for community, master dev and condo fees, and are annual for other fees.

How to List Condo, Residential, and Res-Condo Properties

With the 4.4 release you will want to pay renewed attention to how you list your properties.

If you are listing a Residential property, you will want to list it as:

  • Property Type: Residential
  • Subtype: Attached (if the building is attached to another building), Detached (if it’s a stand-alone a building), Ohana/ADU -Permitted (This is if the property is a permitted Ohana), Under Construction (Building is between 1% and 99% complete)
  • Ownership: Full (If you will own full rights to the property), Fractional (If you own a portion of the property), or Timeshare (where you own a portion of time to use the property)
  • Tenure: Fee Simple (Full Ownership) or Leasehold (You lease the property for period of time)

To List a Condo:

  • Property Type: Condo
  • Subtype: Attached (Your typical Condo in which the unit is attached to other units) or Detached (By all definitions it registered as a Condo however it’s a free standing unit)
  • Ownership: CPR (This is typical Condo ownership), Co-Op, (When you purchase a Unit, you are really purchasing Shares into the corporation), Fractional or Timeshare
  • Tenure: Fee Simple or Leasehold

To List a Res-Condo:

  • Property Type: Residential
  • Subtype: Attached or Detached
  • Ownership: CPR (Meaning that even though this is a house, the land has been CPR’d and there may be an association that handles common areas)
  • Tenure: Fee Simple or Leasehold

If you still have questions about how to list a property, please don’t hesitate to call us. An improperly listed property may never be seen by potential buyers! So if you’re unsure, contact us and we can help.

How to Search for Properties

“Less is More” with REsearch. The fewer parameters you put in, the more properties you will find. By bringing “Condo” back as a property type, you now only have to select “Condo” to find your condos. You can use the Subtype, Ownership and Tenure fields to further drill down to a specific property, but you will no longer need to do so.

To find a condo, simply click on “Condo” under “Property Type.” If you want to find only fee-simple condos, simply choose “Condo” as your property type, and “Fee Simple” as your land Tenure.

If you want to find residential properties without condos, choose only the “Residential” option under “Property Type.” The Subtype, Ownership and Land Tenure will only help you drill down further to a specific property.

Also, please note: Fractional and Timeshare listings will automatically be excluded from searches. If you wish to search for these, you must add them using the “Ownership” field.

Again if you have any questions, please contact us.

What’s Next

Restoring Condos as a Property Type was our top priority, and we are glad to be able to implement this change today. However, we know that there is much more that we can do to improve REsearch.

In the next few weeks, our development priorities will focus on streamlining the data input form, improving our many print and display formats, and cross-platform browser support.

In this latest release, as with all REsearch releases, your feedback and suggestions have been an important part of the process. Please don’t hesitate to let us know how we can serve you better.