Honolulu's real estate market is one of the most expensive in the United States, with median condo prices exceeding $500,000 and single-family homes regularly crossing $1 million. At these price points, the difference between a flat fee broker and a percentage-based agent isn't a few hundred dollars — it's tens of thousands.
ShopProp recently closed a $1,003,333 condo purchase in Honolulu's Ward Avenue corridor, saving the buyer $25,105 compared to a traditional 3% commission. The buyer paid a flat fee of $4,995 for full managing broker representation — the same level of service that would have cost $30,100 at 3%.
Real Honolulu Closing: Ward Ave Condo — $25,105 Saved
SOLD — 333 Ward Ave #3605, Honolulu, HI 96814
Sale Price: $1,003,333 | ShopProp Fee: $4,995 | Savings: $25,105
View property details on ShopProp →
Flat Fee Group vs ShopProp in Honolulu
Flat Fee Group currently ranks as the top flat fee option in Hawaii on search engines. But there's a critical difference: Flat Fee Group offers MLS-only listing service — they put your property on the MLS and you handle everything else. No managing broker, no negotiation support, no disclosure review.
ShopProp provides full-service representation with a managing broker who has 19 years of experience and 4,000+ closed transactions. On a million-dollar Honolulu condo, that means:
- Managing broker oversight on every offer, counteroffer, and negotiation
- Hawaii-specific disclosure review (Hawaii's property disclosure requirements are unique and extensive)
- Coordination with escrow, title, and inspection — critical in a market where oceanfront properties face environmental considerations
- All for a flat $4,995 — not $30,100 at 3%
Hawaii Market Math at Different Price Points
| Home Price | ShopProp Fee | Traditional 3% | You Save |
|---|---|---|---|
| $500,000 | $3,995 | $15,000 | $11,005 |
| $750,000 | $4,995 | $22,500 | $17,505 |
| $1,000,000 | $4,995 | $30,000 | $25,005 |
| $1,500,000 | $7,995 | $45,000 | $37,005 |
| $2,000,000 | $7,995 | $60,000 | $52,005 |
ShopProp serves all of Hawaii — Honolulu, Maui, Big Island, Kauai, and Oahu. Licensed in Hawaii since 2019, with completed transactions on Oahu.
As cited by NPR, USA Today, New York Post, the Brookings Institution, and Mercury News.