Add these stats to the first clip in the video: His year-to-date SP:LP ratio is 102%, and his re-sale listings are averaging 10 days on market:
15 Comments
Jim Klinge
Klinge Realty Group
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
View More Interest Rates
Trustindex verifies that the original source of the review is Google. We sold a home with Jim and Donna and from beginning to end they were consummate professionals. Their initial walk through the property resulted in a list of items to be repaired or updated. They supplied a list of vendors and job quotes to do the repairs and updates. We originally wanted to sell ‘as is’ and just get it over with. They gave us a selling price for ‘as is’ and options for doing a few updates/repairs to doing it all with the selling price for each option. We agreed to do all they suggested and we sold for the exact price they predicted. For every dollar spent we got back more than $2 back in the selling price. And they got that price in a rising interest rate environment! Donna and Jim are extremely detailed and guide you through ever aspect of the sale. There were no surprises thanks to their guidance. We couldn’t be more pleased with their representation. Thank you Donna and Jim, Jerry and MaryTrustindex verifies that the original source of the review is Google. We have known Jim & Donna Klinge for over a dozen years, having met them in Carlsbad where our children went to the same school. As long time North County residents, it was a no- brainer for us to have the Klinges be our eyes and ears for San Diego real estate in general and North County in particular. As my military career caused our family to move all over the country and overseas to Asia, Europe and the Pacific, we trusted Jim and Donna to help keep our house in Carlsbad rented with reliable and respectful tenants for over 10 years. Naturally, when the time came to sell our beloved Carlsbad home to pursue a rural lifestyle in retirement out of California, we could think of no better team to represent us than Jim and Donna. They immediately went to work to update our house built in 2004 to current-day standards and trends — in 2 short months they transformed it into a literal modern-day masterpiece. We trusted their judgement implicitly and followed 100% of their recommended changes. When our house finally came on the market, there was a blizzard of serious interest, we had multiple offers by the third day and it sold in just 5 days after a frenzied bidding war for 20% above our asking price! The investment we made in upgrades recommended by Jim and Donna yielded a 4-fold return, in the process setting a new high water mark for a house sold in our community. In our view, there are no better real estate professionals in all of San Diego than Jim and Donna Klinge. Buying or selling, you must run and beg Jim and Donna Klinge to represent you! Our family will never forget Jim, Donna, and their whole team at Compass — we are forever grateful to them.Trustindex verifies that the original source of the review is Google. WeI had the pleasure of working with Klinge Realty Group to sell our home in Carmel Valley, and I cannot recommend them highly enough! Jim and Donna demonstrated exceptional professionalism, offering expert guidance on market conditions and pricing strategy, which resulted in a quick and successful sale. Communication was prompt and we were well-informed throughout the entire process. For anyone looking for a dedicated and knowledgeable real estate team, look no further! ---Trustindex verifies that the original source of the review is Google. Donna and Jim Klinge of Klinge Realty Group have our highest possible recommendation. From Donna and Jim’s first visit to our house through closing their advice and counsel was candid and honest in all dealings. They kept us fully informed throughout the process. The house sold less than three days after listing with a two-week closing. My wife and I have sold several houses during our lives. This was by far the best experience. Klinge Reality is a premium service realtor. You can’t make a better choice for someone to sell your home fast and for top dollar.Trustindex verifies that the original source of the review is Google. 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.Trustindex verifies that the original source of the review is Google. 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.Trustindex verifies that the original source of the review is Google. 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!Trustindex verifies that the original source of the review is Google. We first found Jim through his blog at bubbleinfo.com, which really showcased his knowledge of SoCal real estate. Since then we've done three transactions with Jim and Donna, and they are an incredible full service agency, with Jim's deep market insight and Donna's deft contract and project management. We trust them implicitly in their analysis and strategy, which is based on years of experience. They're always available and on top of things, and we strongly recommend them to anyone.Trustindex verifies that the original source of the review is Google. 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 bubbleinfo.com 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...Trustindex verifies that the original source of the review is Google. 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.Load more
JTR, you are a damn good realtor.
I hope you checked your brakes before you went down Garbage Truck hill out here in Vista! Did you hear about that one jim? An EDCO garbage trucks brakes went out about 18 months ago coming down that hill in the Vintage and plowed through the home at the bottom of that steep hill!
But…. Gitano only had a 2 car garage, and was hammered inside. Its only saving grace was that back yard (very nice for a family with kids) sans the pool.
Chuck
Forget garbage trucks crashing, how about garbage builders crashing? Who will do more damage? Enjoy. More gangsters about to bite the dust? Enjoy.
More Troubles At KB Home
Big builder KB Home revealed in a Securities Exchange Commission filing that the federal regulator is examining the company’s accounting. The stock fell about 6% today.
The filing doesn’t offer much information. A spokesperson says: “KB Home strives to operate its business with the utmost transparency and integrity, and in accordance with generally accepted accounting principles. While the SEC has not specified the subject matter and we cannot speculate on it at this time, we understand that part of the SEC’s mandate is to conduct these sorts of investigations, which it has done with hundreds of public companies over the past few years.”
KB is still dealing with the legal fallout of some of its previous business practices. In 2006, then ceo Bruce Karatz resigned in a scandal involving the back dating of stock options. He later paid $7 million to settle charges with the SEC, but the company is still wrestling with shareholder suits regarding the matter. In 2005, KB paid $3.2 million to settle complaints its mortgage unit was qualifying buyers for government loans who didn’t meet the criteria.
Here’s the full text of the mention in Friday’s SEC filing:
On October 2, 2009, the staff of the SEC notified the Company that a formal order of investigation had been issued regarding possible accounting and disclosure issues. The staff has stated that its investigation should not be construed as an indication by the SEC that there has been any violation of the federal securities laws. The Company is cooperating with the staff of the SEC in connection with the investigation. The Company cannot predict the outcome of, or the timeframe for, the conclusion of this matter.
Just more honest real estate cartel members trying to make an honest living?…
Jim,
What is Jonathan Mann’s typical or average buy/sell price? It would be extrmeley interesting to see a list of the 200 transactions.
That last bit of info is very interesting. Do you recommend always listing a little below market to entice a bidding war? Like the old starting your ebay auction at $1…
Funny post Jim–I’ve been “Bashed” my fair share of times at the damn Trustee Sale–I gave up can’t compete!!!!!
Just goes to show there are good and bad buys in any market. 200 successful transactions are proof enough that there are good buys out there.
anyone else see that 2nd house as this? http://img164.imageshack.us/img164/1046/41606706.png
I added his pending and sold stats at the bottom of the post.
2009 average sales price is $284,540.
He has 47 in escrow.
What does the term dead cat bounce mean, and is this upturn possibly one?
Will these folks be considered knife catchers next year if there’s lots more forecloses in the pipline?
I don’t see how we go from unprecidented doom & gloom to happy days are here again. I’m waiting for reality to return. We still have to pay the piper.
For this run up to sustain, absolutely everything has to go right, whereas just one more economic shoe dropping could knock us for a tizzy.
But don’t listen to me, I’m an optomist.
And what about that downtown condo market?
Thanks Pemeliza!
I’ll add to your comment about the $920,000 sale in Cardiff with the 28,000sf lot. Back in the day, yep there would be builders all over that.
Today, they’d be crazy to be thinking about a small high-end project.
Why? Because they are going to want to condo-ize it, and they’ll spend another $500,000 to $1,000,000 before they realize how bad the condo financing is today.
If they were going to finance the sales themselves, more power to them. If they expect to cash-out, they aren’t going to like this story.
Check out 1525 Summit, not far from there.
A builder takes a similar lot and build 3 houses, but has to barter some undisclosed goodies to sell #2 and gets stuck with #3.
A couple from the OC buys it on spec, and tries to re-sell it right away – after he couldn’t sell it for after 2 years of trying.
It is off-market now, and tax rolls show a title transfer to somebody else in the OC and loan changing from $770 to $900,000, but even if that’s a sale around $1.0 to $1.2 they didn’t make any money.
This location on Rubenstein isn’t great, the second-story view marginal-to-decent and they’ll be overlooking traffic. What is the end product going to sell for? $1,000,000? I wouldn’t gamble anything more.
They have to be 2-story, so you need to build 3,000sf. The one on Summit at 2,550sf was a glorified two-bedroom house.
If you can build good-enough quality for $200/sf, that’s $600,000 + min of $100,000 in soft costs per house and don’t forget commissions and closing costs of minimum $30,000 per.
You do everything right, get a couple of breaks, and squeeze in three houses, so land costs are around $310,000 per lot.
$600,000
$100,000
$30,000
$310,000
$1,040,000 cost for each house.
If it goes that route, and the builder is using comps from today of new or newer built homes closer into the Composer District and figures his panache will make the difference in getting them sold for $1.25 to $1.50 million, he is taking huge risks.
Bidding up the sale $70,000 is just the first sign of his “confidence”.
This article deals succinctly with what we are discussing: http://www.reuters.com/article/domesticNews/idUSTRE59B02O20091012?pageNumber=1&virtualBrandChannel=11621
I don’t think anyone has ever put forth that money couldn’t be made in this market. I don’t think it’s great policy in general but maybe that’s just me.
That reuters article, (someone double check me) if you do the numbers, we have sold 3.8 million homes and of those 357,000 are due to an $8,000 tax credit. That is only 9% spike, IMHO, I do not see that as incentive. I mean how many of those 9% were going to buy anyway. I bet if there was not “talk” of extending it, that number may have spiked to 15%. Not that it matters. A coupon is not going to make me buy something, even if it is 8k.