Compass agent Ben Faber started a discussion: JtR: If you find a halfway-decent home, it will probably be in the first seven days it’s been on the market. It’s when the listing agent goes into full defensive mode and all communication turns vague because they are so...
Why You Should List With Jim
Inventory Watch
It's obvious this year that the market is tough and sellers aren't able to demand everything they want like before. It will probably cause more sellers to cancel sooner, and others to not try at all. The inventory count may hover around 500-ish for a couple of more...
NextGen
Our new listing in San Marcos! This beauty is better than a new home and features the preferred NextGen - a home within a home! Mom/grandma gets her own primary suite downstairs and then the main primary suite is upstairs with the other two bedrooms plus loft (could...
Buyers Beware
I wrote a purchase contract for a buyer this week. There were 41 pages. Let's add that to the list of hurdles for buyers in 2025. There are several search portals that display home listings publicly and free of charge. But it doesn't make it any easier to find a good...
Jim and Donna
View this post on Instagram A post shared by Klinge Realty Group @ Compass (@klingerealtygroup) This is my best attempt at the polished, professonal content....
Price Reductions
These were my notes that expand on the previous blog post. This is the Market Lull. It’ll go for at least another month or two and for many it might last until January. Hardly anyone knows what to do. Buyers don’t mind waiting longer - they keep hoping that something...
Home Price Formula
Here’s a formula that works well for buyers and sellers (who are smart to lower their price just to keep up). Listings that don't lower their price will stale quickly.
Cost of Convenience
Part of this story is how the buyer-agent compensation played a role in the outcome. It is a sore subject that I detest - the agents should not be a party to the transaction, but because of the botched lawsuit by NAR, the commission rate not only varies, but the...
Frenzy Monitor, YoY
NSDCC Actives and Pendings We looked at the somewhat-gloomy San Diego County stats, so let's also examine the individual areas around the north county coastal region. Comparing year-over-year, it looks a little gloomy here too. The areas in red have worse numbers...
Single Agency
Buyers aren't crazy about signing a three-month contract just to see homes for sale - and neither are the buyer-agents. Every problem with home sales will get solved by cutting out the buyer-agent, even though it's bad for buyers....