Real Estate in San Diego: Trends and Agents

Luxury homes are on the upswing in San Diego, California. In 2015 alone, over 700 homes in San Diego County were sold for $2 million dollars while over 100 homes were sold for $4 million dollars. This rise in real estate gives brokers, independent resale companies, and agents a far larger profit margin. Christel Carlyle, an agent with Carrington Real Estate Services sold property $23 million giving her an once-in-a-lifetime commission. Commissions generally run between 3-5 percent depending on the agent and their experience. These homes are generally listed as resale, each seller wanting to meet the projected price goal and using the best agents to get it. With the influx of foreign buyers to the San Diego area, these luxury and green homes are sold for what they are worth. This is an agent’s dream. Many pay cash for their real estate in the millions, giving the agent’s commission a solid boost upward. Foreign investors are making up half of home and land sells in the San Diego area. These buyers are a reseller’s dream. Some corporations come in buying large batches of these properties if only to hold as the market continues to rise. When selling or buying a pre-owned home or property, knowing who the best real estate companies and agents are is essential. Whether following a trend or simply purchasing a family home, knowing the best team is supporting and organizing the sale is essential. Real Estate Gurus Tony Elias, winner of the Century 21 Award, has sold dozens of half a million dollar homes in the San Diego area in the last six months....