The Good
The Klinge Realty Group operates like a finely tuned machine, with a very personal touch. We contacted them on a Sunday and they were talking to us about our family and our needs on our living room couch the following day. They carefully listened to us and worked with us to identify the best and quickest path to listing within 2 weeks to take advantage of the low inventory conditions in our South Carlsbad neighborhood. They knew our tract specifically and had many previous sales there over the years - they came prepared with a thorough analysis of comparative sales and recommended a pricing strategy that they felt confident would yield offers the first weekend on the market.
The Great
Over the next two weeks Donna coordinated a range of vendors who she knew from experience could get the preparation to list work we needed done on time and with high quality. Our light tune-up involved excellent experiences with their stagers, landscapers, contractors, electricians, and plumbers. Throughout this period Donna's daily communication was clear, concise, and responsive. Any time we had questions Donna picked up the phone or texted immediately - but almost always, she answered our questions before we even knew we had them.
The Outstanding
We had a tricky situation with a shared fence that could have delayed our escrow. Donna used superb mediation skills to negotiate the terms of replacement and was personally on site with the fence contractor to make sure everything went smoothly. The fence looks great and escrow closed on time.
The Truly Exceptional
Our house came on the market on a Wednesday and between then and Monday morning Jim was personally at all three open houses. He was in constant communication explaining potential buyer reaction and strength. As he predicted offers began to come in on Saturday and each one was incrementally higher than the last. At the end we had 5 offers, 4 of which were over list, and the final accepted offer was $100,000 over list. In addition to being over list it included rent back terms that met our needs.
The Recommendation
For all of these reasons we would strongly recommend The Klinge Team to anyone wanting to sell in North County Coastal San Diego. I had been reading Jim's blog for 15 years and knew when the time came to sell that he would be our first call. Jim Klinge is not your standard realtor. He is keenly aware of market conditions and sales strategies. And, works his tail off - though not as hard as Donna . At this point he's gone from realtor to friend and I plan to have him over to grill and chill at our new place to talk real estate, but also just about life and raising kids in San Diego. He's more interested in relationships than his sales numbers - and that's why his sales numbers are so high. We have already recommended the Klinge's to some close friends and another successful sale is on deck right around the corner...
Here’s the previous short sale listing if anyone wants to see more pictures…
http://www.sdlookup.com/MLS-090030405-15641_Las_Planideras_Rancho_Santa_Fe_CA_92067
Ha, catchy title.
Coffee is for closers.
That is an awesome property IMHO and could be a real showpiece. RSF is getting tempting at these prices.
I agree, when you think of what you get for $1.0 to $1.3 in other areas, getting 2+ acres in the Covenant is going to attract some attention.
Lago Lindo was another Covenant REO that closed recently. It fell out of escrow twice, and still sold over list price, all-cash:
http://www.sdlookup.com/MLS-090059727-5840_Lago_Lindo_Rancho_Santa_Fe_CA_92067
The Oceanside beach bungalow has a full-price offer in, and two more expected tomorrow. The offer in was from a Dana Point agent and fan of bubbleinfo – hello Tony! Did you see the listing on the blog? I hope you did, that way if B of A ever complains about my coverage here of their REOs, I can tell them it’s working!
That is an awesome property IMHO and could be a real showpiece.
I’ll *third* that sentiment. If I were residing in SD these days I’d be seriously interested. Beats the hell out of anything in CV.
I could live in that house with no updates.
Why would the REO agents not expose it to the rest of the market? Are they trying to get both sides of the transaction? Just askin’.
I can’t believe Lago Lindo sold over list, all-cash, with all the potential problems you mentioned in the video. I guess it was the giant lot. Maybe RSF does have levitation magic.
osidebuyer – Lago Lindo is one of the ‘prime’ streets in RSF and it is difficult to get on that street for a ‘reasonable’ price. Essentially LL will support prices well above the $3-4mm range if done right. Thus high lot value due to location.
Lou – they don’t expose it to the rest of the market so they can bring the buyer *and* the seller, thereby getting all the commission instead of half.
Slimey, slimey, slimey
Not on this property though.
Locomotive Breath – That was the only thing I could think of but I’m sure the banks want maximum exposure too so I’m a bit surprised this would happen other than rarely and certainly not in this market.
There are listing agents that are all too happy to breach their fiduciary duty to their bank-sellers, out of greed.
One agent said that they want to sell their own listings before inputting them onto the MLS to limit having to process so many offers.
Nice interior. The outside is showing its age, but that could be second home neglect. Might want to get an engineer to look at that brick retaining wall.
Yes some agents do try to double end their assets but this one will go to the offer the asset manager choses, all offers will be submitted.