Trump Waikiki Listings On Market, But Are Invalid

John Herkenrath, an agent with Trump Waikiki's exclusive broker, S&P Destination Properties, said buyers own an interest in a property that's not completed yet, so they cannot reassign their interest to someone else.

"They do not have the right to list or sell anything," he said. "Once they close, it's theirs to do as they please."

As of Friday, there were 15 listings on the market, including six this month. An additional 11 listings have been withdrawn after potential sellers were cautioned by the Los Angeles-based developer Irongate. The others were in the process of being notified, Herkenrath said.

People trying to sell is expected, "you have people that bought in low are willing to sell high," he said. "There's profit takers."

Despite steep declines in real estate, Trump units are being listed considerably higher than original prices.

The lowest-priced unit is a 355-square-foot, furnished studio on the 20th floor for $750,000, with a $542 monthly maintenance fee. The highest priced is a 1,660-square-foot, two-bedroom, 35th-floor unit with sweeping ocean views. It was listed for $4.5 million by Hawaiian Joy Realty LLC.