Our First Quarter of 2021

Our First Quarter of 2021

  • Jim Klinge
  • 03/25/21
Selling homes in 2021 has been the frenzy I predicted and more! As we wrap up the first quarter of this year, I want to reflect on the past three months.
We’ve been seeing listings fly off the market, receiving 5, 10, 15, even 20+ offers on any decent home with a decent price on it! The ratio of active listings to pending is nearly 1:1, and in many areas, the number of pending is 2x and 3x the number of homes for sale - this has never happened before! Mortgage rates increased by a half-point in the last three weeks, and it didn't change a thing!
As a listing agent, I juggle dozens of showings and carefully track the serious contenders to help me create a slow-motion auction later. Dealing with numerous offers can be overwhelming to some, but luckily I got my chops up when we were selling bank-owned properties and handled bidding wars every week.  To achieve top dollar, I remain transparent to all the potential buyers’ agents, telling them my current highest offer and what it’ll take for them to win. It creates a fair auction: every offering party knows what’s needed to win and my seller gets the highest price possible - it’s a win-win!  While it sounds like an obvious solution, virtually no other agent handles their listings this way - they just grab an offer and forget the rest.
To hear more about this frenzy we're delaying with and how long it'll last, click below:

It is the wild wild west out here, with no laws or rules.  Get Good Help!
If you or someone you know is thinking about moving, I'd love to help! Call or text me at 858-997-3801.
A look at some of our transactions this quarter:
10541 Galena Canyon Rd, San Diego: PENDING



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Jim and Donna recognize that buying or selling a home is more than a business transaction—they help people change their lives! If you want a hands-on approach directed by two agents at the top of their field, reach out to the Klinge Realty Group today.