Navigating Contingent Buy and Sale - Santee
The Challenge
In a highly competitive real estate market, our client faced the complex task of needing to sell their existing home to finance the purchase of a new home. The intricacies of contingent buying and selling posed a significant challenge, as the client needed to ensure they had the funds from the sale before they could make a compelling offer on a new home. The strategy needed to balance timing, financial security, and market competitiveness to ensure a seamless transition.
Our Solution
At KG Real Estate Group, we understood that the key to success in this scenario was to make the client’s offer as attractive as possible to sellers in the new area while also ensuring a swift and profitable sale of their existing home. We advised listing the current home first to demonstrate financial readiness for the purchase. Our marketing team implemented an aggressive strategy to highlight the property’s best features, drawing in numerous potential buyers. Simultaneously, we leveraged our market expertise to craft a contingent offer that protected our client during the transition. This included negotiating a deal where the buyer of their current home provided a 59-day post-closing possession, giving our client ample
time to finalize their purchase without rushing or temporary relocation.
The Results
The strategic listing and tailored marketing of our client’s home attracted a buyer who agreed to a free 59-day possession after closing, alleviating much of the pressure, and providing our client with the necessary financial flexibility. Armed with the proceeds from the sale, we were then able to make a strong, competitive offer on their new home, which was accepted on the first attempt.
This case underscores KG Real
Estate Group’s expertise in managing contingent transactions with precision and care, ensuring that our clients can move from one home to another with confidence and ease.
Securing a Dream Home in Just One Week - Coronado
The Challenge
In a fiercely competitive real estate market, a cash buyer approached us with an urgent need to secure and close on a new home within a timeframe of just 7 days. The challenge was not only to find a suitable property that met all the buyer’s requirements but also to navigate the complex logistics of inspections, negotiations, and paperwork while buyers were located out of the area during entire transaction.
Our Solution
Recognizing the unique demands of this situation, our team at KG Real Estate Group immediately mobilized to leverage our extensive network and real-time market data. We identified several properties that aligned with the buyer’s specifications and arranged back-to-back viewings in one day. We identified the perfect home and negotiated favorable terms and price that satisfied our buyer, ensuring a smooth and swift transaction. Our proactive communication and meticulous attention to detail were crucial in managing this accelerated timeline.
The Results
Our ability to execute this rapid purchase was a testament to KG Real Estate Group’s efficiency and dedication. The buyer successfully closed on the perfect home that not only met but exceeded their expectations, all within the 7-day deadline. This transaction showcased our team’s expertise in handling high-pressure situations and our commitment to meeting our clients’ needs without compromise. This case not only reflects our agility in the real estate market but also strengthens our reputation as a reliable partner capable of achieving exceptional outcomes under tight constraints.
Securing the Perfect Home for Military Buyers - EL CAJON
The Challenge
We had been working with a military family for a few months in a market with low inventory, multiple offers, and waived contingencies. Many competing offers were putting down large sums of money, offering prices well above list price and waiving contingencies that are required for VA buyers.
OUR SOLUTION
We conducted a buyer consultation with the family to educate them on the current market conditions and help them better understand what it would take to secure a home in the San Diego market. We connected them with a top, local mortgage lender who could close in as little as 14 days to help them compete with cash offers.
THE RESULTS
We secured our military family their dream home, beating out 19 other offers. We did this without waiving any contingencies, not offering the highest price compared to competing offers and without them putting any money down. Through our strong relationships and communication with the lender and other agent on the transaction, we closed smoothly in just 14 days on their very first home in San Diego.
Smooth Contingent Closing - Carmel Valley
The challenge
Previous brokerage had no marketing plan for contingent sale in place, were not successful in finding replacement property.
Our Solution
Our team customized a marketing strategy, including cross-marketing, to complete a successful contingent sale of their home while purchasing a new home.
The Results
The seller received the exact price they wanted, purchased their dream home, and both properties closed simultaneously allowing a smooth and successful move.
Guiding First-Time Buyers to Success - Santee
The Challenge
Navigating the San Diego real estate market as a first-time homebuyer can be overwhelming, especially when faced with the complexities of balancing location preferences, budget constraints, and property conditions. Our clients, a couple entering the market for the first time, found themselves stressed and discouraged by the rapid pace and competitiveness they encountered. Their initial experiences led to confusion and uncertainty, making it difficult for them to make informed decisions.
Our Solution
At KG Real Estate Group, we believe that a well-informed buyer is an empowered buyer. To alleviate their concerns and enhance their market understanding, we began with a detailed buyer’s consultation. This session was designed to educate
them about current market dynamics and explore various neighborhoods
that aligned with their lifestyle needs and financial goals. Based on their feedback and our in-depth market analysis, we developed a customized home touring plan that focused on up- and-coming areas with high investment and growth potential. This targeted approach allowed us to efficiently and effectively find properties that met their criteria for both condition and value.
The Results
Within just 30 days of implementing our tailored strategy, we successfully secured a home for our clients in a promising neighborhood that not only met but exceeded their expectations in terms of investment potential and livability. The property was in excellent condition, enabling them to settle in without the need for immediate renovations or updates. This positive outcome not only alleviated their initial market anxieties but also provided them with a solid foundation for future financial growth.
Empowering First-Time Buyers - San Diego
The Challenge
First-time homebuyers often find
the journey toward purchasing their first home daunting due to a lack of understanding of the complex real estate process. Our clients, a young couple eager to settle into their first home, faced the additional challenge of a highly competitive market and neighborhood where properties often receive multiple offers. The fear of being outbid and the uncertainty of the purchasing steps were significant hurdles that needed addressing.
Our Solution
At KG Real Estate Group, we believe
in empowering our clients through education and support. We started with comprehensive sessions to explain the home buying process, explaining each step from financing to closing. Our team provided them with insights into market dynamics, strategic bidding, and the importance of swift, decisive action in competitive markets. Our agents worked closely with them to craft a compelling offer that highlighted their strengths as buyers.
The Results
Our clients’ offer was selected over
10 other competitive bids, securing them their dream home on their first attempt. The case exemplifies KG Real Estate Group’s commitment to guiding and supporting first-time buyers through the complexities of real estate, ensuring they feel knowledgeable and confident every step of the way. This experience not only achieved a dream home for our clients but also reinforced our reputation for nurturing lasting relationships and delivering exceptional results in a challenging market.
HIGHEST SALE EVER IN A TRACT HOME COMMUNITY - SANTEE
The Challenge
The market had just started to turn, and homes were starting to decline in value. Many homes started to sit on the market for much longer than just the month prior to listing.
OUR SOLUTION
KG Real Estate Group recognized the shift in the market quickly and immediately went to work to prepare the home for sale in a timely manner with extensive marketing and proper pricing strategy.
THE RESULTS
Sellers secured the highest sale ever in the track home community, went into escrow after just one weekend on market and sold for $90,000 more than the other model match homes that were on the market at the same time.
Sold for $20K Over List Price - Point Loma
The challenge
The discount broker placed the home on MLS with no marketing strategy in place, pricing did not maximize exposure, ideal buyers were not targeted, home on the market for 63 days.
Our Solution
Our team implemented our 19-step marketing plan, utilizing a proven pricing strategy to maximize exposure and target buyers through DE’s Buyside Program.
The Results
Sold in 12 days, multiple offers after the first weekend on the market closed for $20K more than list price
Leveraging Networks for Off-Market Success - Lakeside
The Challenge
In an intensely competitive real estate market, price points can often be the deciding factor in whether a buyer secures a home within their budget. Our client faced significant challenges due to the highly competitive nature of their desired price range. Typical market listings were either swiftly taken or bid up beyond reach, leaving our client in a difficult position to find a suitable home that met their financial constraints.
Our Solution
Recognizing the unique challenges presented by the current market conditions, KG Real Estate Group tapped into its extensive network to find off-market opportunities. Our approach was centered on utilizing our connections with local realtors, previous clients, and community networks to identify properties that were not yet listed publicly. This proactive strategy aimed to reduce competition and secure a better price for our client. Once we identified a potential off-market home that matched the buyer’s requirements, we moved quickly to negotiate terms favorable for our client, focusing
on securing the property at a value below the typical market rate.
The Results
Our strategic use of networking paid off remarkably. We secured an off-market home for our buyer that not only fit his financial criteria but also offered him a valuable deal under market price. This acquisition was particularly satisfying as it allowed our client to purchase a home in a tough price bracket without the stress of competing in multiple offer situations. This case underscores the importance of a well-connected real estate group and exemplifies how KG Real Estate Group’s proactive and client-focused approach can lead to successful outcomes in even the most challenging market conditions.
Strategic Tenant Relocation and Home Staging - San Diego
The Challenge
A homeowner approached us with the intent to sell a property that was currently occupied by tenants. While the seller was initially inclined to sell the home with the tenants still in place, this setup significantly limited the property’s appeal and potential value on market. The presence of tenants restricted showing availability and hindered staging efforts, both of which are crucial for attracting premium offers.
Our Solution
Understanding the critical impact
of presentation and accessibility on a property’s market value, KG Real Estate Group advised the seller on the strategic benefits of relocating the tenants. Once the tenants moved out, our team quickly executed a comprehensive plan to prepare
the home for sale. This included a professional deep cleaning, stylish staging to showcase the home’s potential, and an aggressive marketing campaign. Our efforts were aimed at highlighting the property’s best features and reaching a wide audience to secure a buyer quickly for our sellers.
The Results
The transformation of the property post-tenant relocation was dramatic. With the home now unoccupied and beautifully staged, we were able to conduct extensive showings and market the property more effectively. This strategic move paid off, as the home sold just 2 weeks after listing and closed in under a month from the listing date. Notably, the selling price exceeded the initial offers received when the tenants were still in place. The seller only had to maintain the property without tenants for 45 days during the listing preparation, marketing, and closing phases.
MOVING the Family to a New City with a STRICT Timeline - POWAY
The Challenge
A family was referred to us through a corporate relocation. The husband was already working from San Diego while his family stayed back in their home state. They needed to secure a home in San Diego so the family could move and be together again. They needed to find and close on a home in 45 days without any knowledge of the city or how California real estate worked.
OUR SOLUTION
We conducted a buyer consultation with the husband and used Zoom so the wife was able to join our consult as well. We educated our buyer on the process of buying a home in California and they provided us with all the criteria they were looking for in a home. Kyndal Gross and her team went to work to introduce them to the neighborhoods and homes that were most fitting. We conducted in person and virtual showings based on the buyer’s availability and schedule.
THE RESULTS
We secured our clients a home after just 3 weeks of looking. We found them the perfect home and community for their family. Through our relationships and offer accepting strategies, we secured them their San Diego dream home, in a multiple offer situation and closed just 21 days later.
SOLD IN ONE WEEKEND WITH A QUICK CLOSE - POWAY
The challenge
Incorrect data was presented to the seller about neighborhood comps, no staging or professional photos, only marketing efforts were listing on the MLS.
Our Solution
Our team presented proper data for the neighborhood, proven pricing, and marketing strategies to maximize exposure, staging, and professional photos.
The Results
Generated over 150 showings in 5 days, 14 offers received in the first weekend, the home sold in 21 days for the desired price.
Sold for $51K Above Highest Comp - Mission Hills
The challenge
Sellers felt their home was worth more than recent comps in the neighborhood (highest sold comp was $709K) and feared appraisal inspection.
Our Solution
Our team drove by every sold comp to analyze similarities, gathered neighborhood data and a list of upgrades, and attended appraisal inspections on behalf of the sellers.
The Results
Our team listed the home for $739K, we received 11 offers in the first weekend and sold the home for $760K with no appraisal discrepancies.
Sold for $51K Above Highest Comp - Mission Hills
The challenge
Sellers home not updated, needed to quickly sell with a limited budget.
Our Solution
Our team utilized relationships with stagers to highlight top features of the home implemented a 19-step marketing plan, and cover costs of marketing and professional photography.
The Results
Only on market for 12 days, received 13 offers, and sold for $61K above list price.
highest-priced sale in Weston Community
the challenge
The seller contacted KG Real Estate Group and expressed the need for a quick sale and didn't want to sacrifice on price. The seller interviewed multiple agents and found that most agents did not have a system, process, or specific plan to market their home and get it sold. After seeing KG Real Estate Groups’ custom marketing strategy, organized execution calendar, and proprietary listing launch process, they hired us to sell their home.
our solution
Starting day one, we got to work building and implementing a custom marketing plan, utilizing our listing launch system, and brought them home to market quickly, without sacrificing quality or expertise on our launch.
the results
Their home sold for $968,000, only taking five days to negotiate and accept an offer, they closed escrow 15 days later with an as-is non-contingent offer and are now the highest-priced sale for Sandstone model 3 in Weston Community.