I just listed this Terramar property for sale that allows for 60% FAR coverage, which should mean that two 3,600sf oceanview homes with ADUs for could be built on this R-15 lot and it's only $1,999,000! The two homes should be worth around $4 to $5 million each when...
Why You Should List With Jim
Market Evidence
Here's the tour of the Solana Beach listing from last night: Nobody is giving away the premium properties. The more premium, the more buyers! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I should do more follow-ups on listings seen here previously for market calibration: This RSF...
Realtors’ Pay
He doesn't mention that we don't get paid up front, we don't get paid along the way, and we only get paid if we successfully close the sale - which in this day and age is harder than ever. View this post on Instagram A post shared by Jared James...
San Diego Case-Shiller Index, September
Ok, ok - yesterday I said that we're at the highest pricing ever, but the San Diego non-seasonally-adjusted Case-Shiller Index isn't quite there yet. But it feels like record pricing around the north county coastal region, doesn't it? The index dropped eight months in...
Hiring A Buyer-Agent
Hopefully the hubbub about realtors' pay will cause consumers to investigate agents more thoroughly, which I've been encouraging for a while. Here's one of my blog posts from 2009 - check the comment section too: by Jim the Realtor | Jul 24, 2009 | Thinking of...
Turkey Talking Points
What a great day! Delivering pies and talking real estate - what a privilege! Talking points you might hear over Thanksgiving dinner. - It's too unaffordable. Prices have to adjust. There will be the occasional seller who gets caught in a pinch and has to sell that...
Why Compass
Yesterday, 2,400 Compass agents came to the Rady Shell to hear CEO Robert Reffkin discuss the accomplishments of his clients, the agents. Here are this year's facts to plug into our presentations: Compass #1 in sales volume nationwide last two years. Compass agents...
Go Direct to Listing Agent
It's been over two weeks since the verdict was announced on the commission lawsuit, and the response from the realtor community has been tepid, to say the least. Agents are waiting to see a strong example of how to convince buyers to sign a buyer-broker agreement....
Realtor Commissions 2024 Part 2
There are three ways to get exposure to realtors. Word-of-mouth from friends and family. Personal experience or investigation. Realtor-paid advertising. First, let's identify how realtors get their business. Either they earn the business (#1&2 above), or they buy...
Realtor Commissions 2024
A simple analogy for realtor commissions is a long-distance flight abroad. Someone who was booking a flight from San Diego to Phoenix probably wouldn't be too concerned about the quality. Because the flight only takes an hour, most can endure the...