
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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Hazy shade of winter today in San Diego.
Home from the International Builders Show. Here are my three takeaways: 1. The new home cancellation rate has largely normalized; 2. Sales in January crushed expectations; 3. Builders had cautious optimism with many mentions of a head fake
A couple questions, JtR. What’s the square footage and how many days until it sold?
It was on the market with another agent for three years. They started at $30,000,000, but it was priced at $19,995,000 when it expired in July.
This agent took over three weeks later, priced it the same, then raised the price to $21,995,000 a month later. He found the buyer in 37 days, and it closed at $20,000,000 cash. He got both ends.
House was 8,148sf on 41 acres. It was a deal!
First you couldn’t duplicate this. there just aren’t 50 acres like that anywhere similar. Second, replicating that construction IMO would take $10-12 million. This was a bargain.
Does anyone know anything about the buyer?
So if my math on commission is right (unless he’s a broker), he got 3%… = $1.2 mil.
Quite a pay day, Jim.
Does anyone know anything about the buyer?
The tax records haven’t been updated yet, so no help there.
I hope it is a builder just for the entertainment of how long it takes to get subdivision approvals. Five years? Bill Davidson has the chops for it!
Quite a pay day, Jim.
Math might be a little fuzzy but yes being a RSF high-end broker has its perks.