An update on two of the homes featured here that garnered multiple offers. As expected, they sold for well over their list price. This one got $51,000 over the top of their price range: This one had 20+ offers, and sold for a whopping $190,100 OVER LIST PRICE! The...
Bidding Wars
What’s Hot
I have to hand it to Brett and team in their preparation of this 1975-built home in Solana Beach. The flooring was removed downstairs, and they added a heavy epoxy paint to the exposed-concrete, which gave it a trendy-hip look to go with the colorful formica in the...
PQ Bidding War!
Let's review what it takes to create a solid bidding war. Maintain and improve your home constantly over the years. Install a master bathroom like this! 3. List with Jim the Realtor for an attractive price, do $3,200 of staging, and take off for the weekend! I...
Leucadia Bidding War
Word on the street is that there are 11 offers on this new listing in Leucadia, and it's up to $1,200,000: https://www.zillow.com/homedetails/460-Parkwood-Ln-Encinitas-CA-92024/16709568_zpid/ It goes to show you that you don't have to worry about under-pricing a...

19 Offers
Are you looking for proof that there are buyers being very patient, and are waiting in the wings until they see the perfect fit? Consider this one, which I heard reports of receiving 18, 19 or 20 offers. It was listed for $888,000, and closed for $1,000,000, or 13%...
Inventory Watch
The surge noted last week continued its hot streak, which should be expected as the selling season really gets rolling. The total number of pendings increased 6%, and those over $2,000,000 increased 24%! Glad to see the $2,000,000+ market having some life, with 462...
Price Reductions – How Much?
Home sellers who have been on the market for 30 or more days and are tired of not selling may eventually consider a price reduction - but by how much? There are a number of reasons why a home isn't selling. Thankfully, you don't have to be an expert on why - because...
Pro Love Letters
Just when you thought the days of feeding squirrels were over..... Want to spice up your chances of winning over a seller? This company will write a customized love letter for $99: http://www.realestateloveletters.com/
Tuesday Tidbits
Rob Dawg left this comment regarding the seniors who are aging-in-place: Wait until autonomous vehicles add another ten years. Self-driving cars have the potential to change everything about real estate: Seniors be able to stay in their home longer. Homebuyers could...
Bidding War!
We ended up with three offers on our Gladstone listing, and a bidding war! Bidding wars don't just happen; somebody has to spur them on, coordinate them effectively, and keep the focus on winning and losing, and not the price. The home had its foibles too. It only has...