We’re getting ready for the first blog talk radio event of the year, with special guest Bill McBride!
The show went great – thanks for participating! Here is a link to the 2-hour show.
19 Comments
Jim Klinge
Klinge Realty Group
Broker-Associate, Compass
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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Verified Donna and Jim provided exceptional support and professionalism throughout the entire process. We couldn't have been happier with their efforts. They made our house shine, and thanks to their expertise, it sold above the listing price in the very first weekend! Truly a fantastic experience from start to finish.Verified This year has been difficult on our family, mainly due to having to sell our home. Thankfully we knew God had a plan for us and working with the Klinge team was a key part of it. It was an obvious decision to work with them again after such an amazing experience when purchasing the same home we needed to sell. The challenge was, how will we do this in so little time with so much going on? Jim and Donna held our hand every step of the way. Whenever an unexpected issue arose they found and provided a solution. Never once did we feel pressured to make a decision and the Klinges were always reassuring after providing the information that the decision was ours to make. Despite the curve balls, they never panicked and exemplified the “can do” attitude, making us feel optimistic and taken care of. Their expertise and professionalism was superb. But of all the reasons to work with the Klinges, the most impactful and valuable is their compassion and genuine care for their clients. We pray that we can one day purchase our forever home and you better believe that Jim and Donna will be representing us - as long as they will have us of course. Thank you again Klinge team! Your execution, experience, and care are unmatched.Verified Jim and Donna were fantastic! Jim understanding my needs, recommending potential places, pointing out the pros and cons of each property was invaluable. Then when the offer was accepted Donna’s organized guidance through the inspections, paperwork etc made the whole process seem effortless. So grateful that I had them on my side!Verified I appreciate Jim & Donna's great teamwork, sound advice, and guidance that eased the stress of selling our Carlsbad home. Their professional input and assistance throughout the process was very helpful. Highly recommended!Verified 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...Verified We recently had the pleasure of working with Jim and Donna from Klinge Realty Group to sell our house, and we couldn't be more satisfied with the experience. From the initial meeting, they listened attentively to our needs and provided invaluable guidance on specific improvements to get our home market ready. Their responsiveness throughout the entire process was truly impressive. Anytime we had questions or concerns, they were quick to address them, ensuring we felt comfortable and informed every step of the way. What stood out the most was their team and extensive network of tradespeople, which made addressing any necessary repairs or updates seamless and stress-free. Thanks to their expertise and dedication, our house sold quickly and at a great price. We highly recommend Jim and Donna to anyone looking to buy or sell a home. They are a fantastic team who truly care about their clients and deliver exceptional results.Verified We had a wonderful experience buying our home with Donna and Jim! In particular I was very impressed with their efficiency and support through the purchase process. As we were doing the walk through, Donna started contacting roofers, plumbers, aircon, electricians, etc for all the areas we needed potential repairs - by the time we were done with the walk through appointments were already set up to get estimates for all the major services. When we had to change an appointment, or couldn't make one, Donna was there to arrange things to fit our schedule. Even after we closed on our home, Donna helped set up the repairs we needed before move in day. They truly went above and beyond to deliver exceptional service. I'll be calling them for our next home!Verified The sale of our home exceeded our expectations - Jim and Donna Klinge are the best! We’ve followed Jim’s Bubbleinfo blog since the 2006 housing bubble. After he helped us buy in 2017 we stayed in touch and Team Klinge were the obvious choice when it came time to move. They guided us through the preparation of the house, including a kitchen refresh - Donna and Lisa skillfully managed the various contractors for us after we had moved out of state. Donna’s excellent attention to detail and regular communication made the whole process run smoothly from a distance. Jim’s market knowledge, expert negotiating skills and candid opinions, together with Donna’s responsive communications and problem solving, set them in a league of their own. Highly recommended!Verified Jim and Donna have exceeded my expectations with sale of my house. It was best experience with house sale. Professional, responsive, superior negotiating skills. I would recommend them with 5 star (I would give them even more than max) rating. Sale of my house was closed for really good price in 10 days. Jim and Donna perfectly handled house preparation for sale. Thanks a lot!!!Verified Jim and Donna have exceeded my expectations and made my most recent move back to California go so much more smoothly than I expected. Jim’s Bubbleinfo blog was full of useful information about the current market conditions. His experience helped us make a successful offer for the home we wanted in a desirable neighborhood. After the purchase Donna organized the work we needed done in the house without us having to make an additional trip. We were pretty worried when we started searching for real estate that not being in the area was going to makes things really difficult but Jim and Donna made the process so much easier. I enthusiastically recommend them.Load moreVerified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
Unless I am wrong, and I’m never wrong, I believe that this is at 8PM PST.
This witty commentator sez thanks on behalf of all the witty commentators.
And CR is the best!
I wonder how close Bill’s voice will be to the “Voice” I have heard while reading his posts over the years.
Thanks for hosting this event.
I once asked Bill why he doesn’t track and analyze the federal deficit and national debt among his numerous economic graphs. His response was that he intends to get to it some day. You might ask him when he foresees doing so.
25 guests waiting already, lots of anticipation out there!
Best of luck to both of you, “bro”. 😉
Hey! Where’s the shrimp? 😉
There’s a question in the chat box on BTR.
JimBoston: CR, given the Case Shiller data regarding past home price growth, how far in the
future might it be forhome prices to return to pre-crash levels?
The big head fake is that income real estate was ever a liquid investment. Easy in and out drew a lot of money that never should have gone into the sector.
Another question in the chat window on BTR.
RobLJ: WSJ and main stream media are opining about housing at a bottom and time to buy
builders. Comments, Bill? Until lending gets worked out, I don’t see home builders as a buy,
personally.
Just finished a road trip. VenCo to SF to Davis mostly on the 101. Compared to the 2000s dead dead dead.
Jim,
Already mentioned that Tom Tarrant should be a guest. Well, let’s add clearfund to the list.
Recommend DQNews.
Casey Serin’s parents got their foreclosure postponed for more than a year by filing frivolous and multiple bankruptcy petitions. They actually got the first one approved and never made a single payment on it. I think it took ~six months to get that one dismissed.
another chatbox question.
dn: Jim, how effective are open houses? I suspect that they aren’t really that good for sellers.
Really enjoyed the broadcast. I hope you’re planning more.
That was very cool, thanks to all who participated!
@Hamster – re: national debt/deficit. Per “functional finance” the US national debt is the sum total of all US dollars in the private sector.
The government spends dollars into the economy, and whatever it doesn’t tax back out is called a “deficit” and each deficit is added onto the ever growing “debt”. If you look at it that way (and that is really the only way to look at it) you will see that if there is no US Gov “debt”, that there is also no money in the US economy.
As a country our two political parties are fighting over how to reduce the “debt” – which you can now see means they are fighting over how to take money out of the private sector. Insane once you think about it.
We have economists of all flavors (keynesians, austrians and monetarists) who equate US Federal “debt” with household debt…. seemingly failing to realize that because the US has a printing press it does not truly borrow to spend. Congress simply spends, and thru the machinations of the Fed and Treasury, it is CALLED “debt”. But is not at all like the debt I take out on a credit card, student loan, or mortgage BECAUSE I don’t have a printing press.
So I cringe whenever I see a graph combining private sector debt with government debt. As real estate people, we know which kind of “debt” caused the housing bubble and collapse. Yet somehow both political parties, the media, and the 3 mainstream schools of economic thought have us all focused on the imaginary “debt” of the US Federal government.
Reagan deficit spent his way out of the 1980’s recession. Now the GOP thinks deficits are horrible. We are one f-ed up nation to allow this lie, or myth, to perpetuate.
The Federal “debt” never, ever, needs to be repaid. Oh sure, China could ask for their US dollars back – but what do they do with them? They have a Yuan printing press. And the only reason why they “buy our debt” is because they have a trade surplus with us. So they can raise the value of the Yuan and we’ll stop buying their crap, and our “debt” to them will go down. Guess what, they don’t want that.
Grandma can demand her Bonds be paid back – but she wants a guaranteed investment that pays income, so she doesn’t ask for it back either. Should anyone want their bonds paid off – a few keyboard strokes by the Fed, and viola, here you go. But the “debt” rolls over continuously because China and grandma and pension funds have cash to deposit, and where else are they going to deposit it? Plus…. per the “functional finance” definition – those US dollars came from the US gov. Sure, you did work to earn and then save – but there would be no US dollars to save if there was no US federal “debt”.
I can hear the “but printing is inflationary” arguments already. But that still doesn’t mean that “debt” is the right word for how our government spends. It is NOT debt. It simply “spending” or adding dollars to the economy, and it adds to the dollars in circulation, which adds to the savings rate. If they taxed it all out to extinquish the debt, then there would be no money in the economy.
Jim and Bill blindsided me. I was relaxing and following CR’s blog ahen they called me out. Thanks,I think. Do open houses sell homes? YES! Feet on the floors sell homes and very few agents are going to waste gas showing unqualified buyers around. I am assuming the home is priced correctly, or close to it. Here, we have a broker’s tour on wednsday, Have it open for brokers wednsday, raffle off a bottle of good wine with the ticket beingan estimate of the right price written on a business card. If the asking price seems off, ask the seller to reduce it. Hold open houses that friday,saturday,sunday and monday. You will have solid offers by wednsday if the price is right.
That was awesome. To add to the comments about demographics, population isn’t flat either. SD County is growing at 3% a year, so eventually either the population needs to level off (unlikely), or we need to get a lot more housing constructed.