Including the Two Highest Residential Sales for 2019*:

Jim Nabors’ Diamond Head Beachfront Estate, $12 Million

Lanikai Oceanfront Estate, $11.15 Million

*Information for Single-Family, Condominium & Vacant Land sales from Honolulu Board of Realtors’ Multiple Listing Service as of 4/17/19.

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Congratulations to Patricia Choi on her $12 Million Sale of Jim Nabor’s Beachfront residence in the prestigious Diamond Head neighborhood, located just a few doors down from the famed Doris Duke Estate.  The sale closed on January 4, 2019, and is the Highest Sale this year (as of 1/18/19).

To view more information and photos, please visit www.Choi.HawaiiLife.com/201821490.

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Choi International was honored to co-host the Asian Real Estate Association of America’s 2016 Global & Luxury Summit held last week at the Royal Hawaiian Hotel, which attracted nearly 500 participants worldwide.  The event provided a valuable opportunity for realtors from around the world to network and exchange ideas and featured speakers, including HGTV designer Vern Yip, who discussed the latest trends and developments in the worlds of international and luxury real estate.

Choi agents participated in Luxury Real Estate panels, and President & Principle Broker Patricia Choi shared her marketing strategies as Honolulu’s #1 Luxury Realtor.

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 PATRICIA CHOI, R, CCIM, CIPS – President & Principal Broker

 CYNTHIA L. NASH, R, CRS, GRI

 JULIANNA GARRIS, R, CRS, CLHMS, SRES – Broker-in-Charge

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We credit this incredible record to the emphasis that Choi International places on having the very best properties on the market and our aggressive program to find buyers for such properties.

As you know, Choi International travels to Asia frequently, virtually every other month.

What you may not know is our aggressive program relative to Silicon Valley, San Francisco and the Bay area as a whole. Patricia recently attended the week long Concours d’Elegance in Pebble Beach, California and worked with our Christie’s affiliates in Palo Alto and Carmel to promote Honolulu and Maui properties.  One of Carmel Realty’s agents will be coming to Honolulu to view properties such as Park Lane, Vida and our residential properties.

Besides being the #1 Agent in Honolulu for 18+ years, Patricia is consistently ranked among the Top 50 Agents in the United States and is a sought-after speaker nationwide. On September 21st, Patricia has been invited to speak to 130 luxury agents who work at Alain Pinel Realty, primarily known as a leading luxury real estate brokerage located in Silicon Valley with offices throughout the Bay Area.  She will be on a panel with two other Luxury Agents from Beverly Hills, California and New York City.

On September 23rd, Patricia will be speaking at the San Francisco office of Pacific Union, a luxury real estate firm with offices throughout San Francisco, the Bay Area and Wine Country.  Pacific Union is our Christie’s affiliate and has an incredible data base of high-end clients.

And on September 25th, Patricia will be meeting with Allie Beth Allman, the owner of Allie Beth Allman & Associates, our Christie’s affiliate in Dallas, Texas, because it is Patricia’s belief that this is a market that Choi International can develop.

All of these efforts in Asia, Silicon Valley and now Dallas, Texas have contributed to the success of Choi International in the high end market this year, while other companies are not doing as well.  It is our belief that the aggressive pursuit of high net worth buyers is helping our sales efforts.

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Through networking with high end clients and brokers, Choi International, Christie’s exclusive affiliate in Honolulu, represented the Buyer/Seller in 11 of the 20 Single Family transactions over $4,000,000 this year (1/1/15 – 8/20/15).

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Patricia Choi of Choi International Named One of America’s Top 1,000 Real Estate PROFESSIONALS BY Real Trends, As advertised IN THE WALL STREET JOURNAL

Choi, From Honolulu, Had an Impressive Sales Volume of $107,982,850 on Her Way to Becoming One of Honolulu’s Top Professionals

(Honolulu, Hawaii – July 1, 2015) Patricia Choi of Choi International was named one of America’s top real estate professionals by REAL Trends, as advertised in The Wall Street Journal.  She is now a member of the “The Thousand Top Real Estate Professionals,” a prestigious national awards ranking sponsored annually by the two respected publications.  Choi is now ranked in the top one half of 1 percent of the more than 1,100,000 REALTORS® nationwide.

The Thousand real estate professionals was announced on June 26, 2015, with four separate categories honoring the top 250 residential agents and agent teams for excellence in:

Individual Sales Professionals—Sales volume

Individual Sales Professionals—Transaction sides (in each real estate transaction, there are two sides that can be represented by a real estate agent: a buyer’s and a seller’s.)

Team Professionals—Sales volume

Team Professionals—Transaction sides

For the first time, REAL Trends has added two new categories to The Thousand ranking based off of average sales price. Like the other categories in The Thousand, both of these are broken down into the top 250 residential agents and agent teams for excellence in:

· Individual Sales Professionals – Average Sales Price

· Team Professionals – Average Sales Price

According to The Thousand, Choi had a sales volume totaling $107,982,850, ranking her as #103 in the nation.

“The best individual agents and teams—including Choi’s award-winning efforts—were nothing short of phenomenal considering the recovering real estate market,” said Steve Murray, founder of Denver-based publishing and communications company REAL Trends, which compiled the list.

“Becoming a member of such an elite group as The Thousand is an incredible accomplishment in any market, but what Choi did during these challenging times is impressive on so many levels,” said Marti Gallardo, vice president of classified advertising for The Wall Street Journal.  “Her efforts topped 99.99 percent of the more than 1,100,000 REALTORS nationwide.”

“I am absolutely thrilled to be named to The Thousand,” said Choi, who serves clients primarily in Honolulu.  “Even with the market’s challenges, it’s incredibly gratifying to help clients find their dream homes as well as help them sell their properties quickly and for the highest price possible.”

The ranking of The Thousand can be found at: www.TheThousandRealEstateProfessionals.com

About The Thousand – This awards program was developed jointly by WSJ. Custom Studios (and is not affiliated with the Editorial Department) and REAL Trends, a leading source of analysis and information for the residential real estate brokerage industry. REAL Trends The Thousand honors America’s elite real estate agents and their companies and is compiled and analyzed by REAL Trends with a special ad section included in The Wall Street Journal.

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Patricia Choi – #1 Oahu

Cynthia Nash – #24 Oahu

Julianna Garris – #25 Oahu

Maggie Huang – #30 Oahu

Derek Kamm – #48 Oahu

Congratulations to some of the best realtors in Hawaii.

This prestigious annual ranking of the top agents in the State of Hawaii was published in Hawaii Business Magazine’s June issue and also noted the 2 Highest Sales on Oahu in 2014:

$17,000,000 – 1025 Kaimoku Place – Patricia Choi represented Buyer

$13,500,000 – 5415/5435 Kalanianaole Highway – Patricia Choi represented Seller and Maggie Huang represented Buyer

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2009 – $623,360

2010 – $727,973

2011 – $730,318

2012 – $798,573

2013 – $781,700

2014 – $863,225

2015 – $950,194

These increases are due to the substantial growth in high end or luxury sales.  Choi International is in a unique position to analyze the market as the leading luxury broker in Honolulu.  Choi International has sold 6 of the 9 properties over $5 million (January 1, 2015 to May 31, 2015), including the 2 Highest Priced properties islandwide during that same time period.

Statistics on the average price of Condominium apartments do not reflect the true picture of the prices that are being obtained by Luxury Condominiums scheduled to be finished in about 18 to 24 months.  The average cost of those condominiums is about $2,500 per square foot (p.s.f.) and will define the high end market for many years.  The singular trophy condominium – Hokua Penthouse Ali’i B – is listed by President & Principal Broker Patricia Choi for $35,888,000 at approximately $6,500 p.s.f.

Buyers from mainland U.S. and Asia have made the market jump, and that should continue at least for another 3 years, according to local economists.

Similarly, the increasing interest from Chinese buyers in particular has been noted in the “Honolulu Market Spotlight” in Christie’s International Real Estate’s 2015 Luxury Defined research report.  The new 10-year visa program between China and the U.S. is expected to continue to boost the demand of affluent Chinese visitors for Honolulu luxury properties. Click here to view the complete Luxury Defined report, which explores over 80 of the top luxury real estate markets worldwide.

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Patricia had the highest residential sale for the year – $17 Million for a Kahala oceanfront estate – and her average sale for 31 transactions was about $3.5 Million.

Patricia is in a class by herself…she is Often Imitated, but Never Duplicated.

Our company has many terrific agents who have contributed to our growth, but more importantly to the exceptional service we provide to our clients.  We would like to congratulate the following 4 agents for joining Patricia among the Top 50 Agents and their outstanding sales production in 2014:

Cynthia Nash – $24,285,500

Julianna Garris – $23,357,000

Maggie Huang – $21,305,000

Derek Kamm – $18,910,300

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