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...
Why You Should List With Jim
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....
Open House Report
https://youtube.com/shorts/0BIS4cP6vEs?si=B_A_6LiDW6-rCRws The buyers are out there. They're just being coy and playing hard-to-get.
Different Not Negotiable
A reporter from the New York Times accuses realtors of doing work-arounds to the NAR Settlement and steering buyers away from for-sale-by-owners. The 30-minute podcast tells stories about a realtor who started her own website to display the commission rates she was...
NSDCC Monthly Sales
Today, let's judge our market purely by the number of sales. Sales are the precursor of where the market is going. NSDCC Monthly Sales, Jan 1 - Apr 30 2024: 570 2025: 578 There have been 166 closings this month so far, and with one day to go plus the late-reporters,...
More Seller Tips
View this post on Instagram A post shared by Klinge Realty Group @ Compass (@klingerealtygroup)
New Listing – One-Story!
Check out this fine-looking one-story with incredible succulent backyard! 5119 Berryessa Street, Shadowridge 3 br + den / 2 ba, 2,270sf 10,459sf lot HOA = $92/mo. SP = $1,260,000 - we represented the sellers. Are you searching for a roomy one-story with 3-car garage...