Caspersen Group

Peter Caspersen

How to Choose a Realtor in San Diego (2026 Guide)

Written by Peter Caspersen · Real Trends America’s Best Real Estate Professionals Top 1.49% 2021–2024, San Diego Business Journal Leader of Influence 2025, TOP 400 Residential Real Estate Agents in San Diego 2025, Clever Top 25 Agents in Carlsbad 2025, Five Star Professional 2012–2024, San Diego Association of Realtors Platinum Recognition of Excellence 2021, Founding Agent Compass San Diego 2018, Member Compass Agent Advisory Committee 2019–2020, Member Compass Luxury Counsel Top 20 Agents San Diego, DRE# 01772876 · 20 years experience · Last Updated: April 2026

Knowing how to choose a realtor in San Diego can be the single most consequential decision you make in any property transaction. San Diego’s coastal markets — from Encinitas to Rancho Santa Fe — move fast, carry high price points, and reward buyers and sellers who work with someone who genuinely knows the terrain. I’m Peter Caspersen, a Compass agent based in Encinitas with 20 years of experience and $284 million in career sales at an average sold price of $2.2 million. My listings sell in 30 days at 99.7% of list price on average, and I’ve been ranked in the top 1.49% of all U.S. residential real estate professionals by Real Trends four years running. This guide will walk you through exactly what a Realtor® does, how to evaluate one, which questions to ask, and which warning signs to avoid — so you can hire with confidence.

What does a realtor do?

A Realtor® is a licensed real estate agent who is also a dues-paying member of the National Association of Realtors (NAR) and is bound by its Code of Ethics — a set of enforceable standards that go beyond what state licensing law requires. That distinction matters: not every licensed agent is a Realtor®, and the Code of Ethics creates a meaningful layer of professional accountability.

In practical terms, what I do as a Realtor® in San Diego covers a wide spectrum. On the listing side, I develop pricing strategy based on deep local comparable analysis, coordinate professional staging, photography, and videography, and manage your home’s exposure across both the MLS and off-market channels like Compass Private Exclusives. On the buyer side, I help you identify properties — including off-market inventory that never appears on Zillow — analyze value, write competitive offers, and negotiate terms that protect your interests through inspection, appraisal, and close of escrow. Beyond those core responsibilities, I also connect clients with vetted contractors, inspectors, and lenders, and I manage the dozens of moving parts inside a 30-to-45-day escrow so nothing falls through the cracks. Whether you’re buying a first home or selling a $3.6M coastal property, the role demands equal parts market knowledge, negotiation skill, and calm project management.

The real estate process, step by step

01

Initial consultation and goal setting.

Before any house-hunting or pricing conversation begins, I sit down with you to understand your timeline, financial parameters, and priorities. For buyers, this means talking through neighborhoods, property types, and must-haves. For sellers, it means reviewing your home’s condition, your equity position, and your ideal closing timeline.

02

Pre-approval or pre-listing preparation.

Buyers in San Diego’s coastal markets need a fully underwritten pre-approval letter — not just a pre-qualification — before making offers. Sellers should address deferred maintenance and complete any pre-listing inspections before going live, which helps prevent deal-killing surprises in escrow.

03

Property search or pricing strategy.

For buyers, I run targeted MLS searches and tap my off-market network, including Compass Private Exclusives, to surface properties before they hit the open market. For sellers, I build a detailed comparable market analysis and recommend a list price designed to generate competitive interest — not just sit on the market.

04

Showings and property evaluation.

In Encinitas and along the coast, view orientation, lot grading, and proximity to the bluff all affect long-term value in ways a Zestimate can’t capture. I walk every property with buyers and flag both opportunities and risks.

05

Offer preparation and negotiation.

Writing an offer in San Diego involves far more than price. Contingency periods, earnest money deposits, rent-back provisions, and escalation clauses are all levers that affect how competitive your offer is — and how protected you are if the deal changes. I’ve negotiated multi-offer situations, off-market deals, and price reductions that saved clients significant money.

06

Accepted offer and opening escrow.

Once an offer is accepted, escrow opens with a neutral third party — typically a title company. The buyer deposits earnest money (usually 1–3% of purchase price in San Diego) and the clock starts on the contingency periods outlined in the contract.

07

Inspections and due diligence.

San Diego homes — especially coastal properties — come with specific inspection considerations: marine-layer moisture intrusion, seismic retrofitting, coastal commission restrictions, and HOA documents in communities like Olivenhain or Bressi Ranch. I coordinate the full inspection process and help you interpret what the reports mean for your negotiating position.

08

Appraisal (for financed purchases).

The lender orders an independent appraisal to confirm the property’s value. In higher-price coastal markets, appraisals can come in under contract price — a situation that requires skilled negotiation. I prepare sellers for this possibility and coach buyers on their options.

09

Loan final approval and closing disclosures.

The lender issues a Closing Disclosure at least three business days before closing. This is the moment to review final numbers carefully and confirm that all agreed-upon credits and repairs are reflected.

10

Close of escrow and keys.

In California, funding and recording typically happen on the same day. Once the county records the deed, the property transfers. My job doesn’t end here — I remain a resource for contractor referrals, community questions, and future planning long after the keys change hands. —

How to choose the right realtor — the checklist

01

Local market experience.

How many transactions has the agent closed in your specific zip code or neighborhood? San Diego is not one market — Rancho Santa Fe and Carlsbad have almost nothing in common in terms of price dynamics, buyer profiles, or negotiation customs. An agent with deep neighborhood-specific experience will spot value and risk that a generalist misses.

02

Verified production numbers.

Ask for real data: list-to-sale price ratio, average days on market, and total sales volume. My listings sell in 30 days at 99.7% of list price on average — numbers that reflect consistent execution, not a single lucky transaction.

03

Credentials and third-party recognition.

Industry rankings like Real Trends, Five Star Professional, and SDBJ’s Leader of Influence require independent verification. They’re a signal that the agent’s performance holds up to scrutiny beyond their own marketing.

04

Communication style and accessibility.

Do they answer calls or respond to texts promptly? Do they explain complex terms in plain language? Every client I work with gets direct access to both me and Jen — there’s no junior agent buffer.

05

Marketing capabilities.

For sellers especially, ask to see sample listing packages. Professional photography, video, staging coordination, and off-market pre-marketing can meaningfully affect your sale price. I provide all of these in-house.

06

Negotiation track record.

Ask for specific examples: a deal they saved, a price they reduced, a bidding war they won for a buyer. Vague answers are a red flag. —

Questions to ask before hiring a realtor

How many transactions have you closed in this neighborhood in the last 12 months?

Local volume matters more than total career volume. An agent who has closed five deals in Solana Beach in the last year understands current pricing, days-on-market trends, and active buyer demand in a way that a high-volume agent focused elsewhere cannot match.

What is your average list-to-sale price ratio?

This number tells you how accurately an agent prices homes and how effectively they negotiate. A ratio well below 98% may signal overpricing, weak negotiation, or both. My average is 99.7%.

How do you handle multiple-offer situations?

Good answers are specific: escalation clause strategy, offer presentation timing, relationship with the listing agent, non-price terms that strengthen an offer. Vague answers like “I’ll get you the best deal” are not answers.

What access do you have to off-market inventory?

In San Diego’s coastal markets, a significant number of high-end properties trade before they hit the MLS. As a Compass agent with access to Private Exclusives and Coming Soon listings, I can show buyers properties they’d otherwise never see.

Who else will be working on my transaction?

Some agents hand clients off to assistants or junior team members after the initial consultation. With my team, every client works directly with me and Jen from contract to close — no handoffs.

Can you walk me through your marketing plan for my home?

For sellers, this question reveals whether the agent has a real system or just a Zillow listing. A strong answer includes pre-market strategy, staging, professional photography, video, and a specific distribution plan.

How do you communicate during a transaction, and how quickly do you respond?

Escrow timelines are tight. A missed call or a 48-hour email response can cost you a deal. Ask for a specific commitment — and pay attention to how quickly they responded to your initial inquiry.

What have you sold in the $1M–$5M range, and can you share examples?

San Diego’s coastal luxury segment requires a different skill set than entry-level residential sales. If your home or search falls into this range, you want an agent with demonstrated experience at that price point — not someone treating it as a stretch assignment.

How will you price my home, and what data will you use?

A credible answer references recent comparable sales, current active competition, days-on-market trends, and micro-market absorption rates. “I’ll run the comps” is not sufficient — ask them to explain the methodology.

What happens if I'm unhappy with your service?

Strong agents are confident enough to have a clear answer. I stand behind my work, and I’d rather have that conversation upfront than after a problem arises. —

Red flags to watch for

01

They can't produce verified local sales data.

Any agent worth hiring can pull up their transaction history and show you closed deals with addresses, prices, and dates. If they’re vague, defensive, or only show you testimonials without numbers, that tells you something important.

02

They suggest an unrealistically high list price.

This is called “buying the listing” — an agent wins your business by flattering you with a high number, then pressures you to reduce the price after 30 days on market. Overpricing in San Diego’s coastal market results in stigma, longer days on market, and ultimately a lower sale price than a well-priced launch would have achieved.

03

They are hard to reach before you hire them.

If an agent takes two days to return your call when they’re trying to win your business, imagine how available they’ll be during a 21-day escrow with a contingency deadline on the line.

04

They work alone with no support structure.

Real estate transactions involve dozens of moving parts across weeks. An agent without a team or a defined support system is a bottleneck risk. I work with Jen as a dedicated partner — every client has two people actively monitoring their transaction.

05

They have no answer when you ask about off-market access.

In San Diego’s luxury coastal segment, not having access to off-market inventory means your buyers are only seeing what everyone else sees. That’s a structural disadvantage in a competitive market.

06

They pressure you to skip contingencies.

In a hot market, waiving inspection or loan contingencies can seem necessary to compete. A good agent will explain the risk clearly and help you structure an offer that’s competitive without exposing you to catastrophic downside. Pressure to waive without explanation is a serious red flag. —

Realtor vs Real Estate Agent

FeatureReal Estate AgentRealtor®
Licensed by state✅ Yes✅ Yes
NAR member❌ No✅ Yes
Bound by Code of Ethics❌ Not required✅ Required
Access to MLS (in most markets)✅ Yes✅ Yes
Disciplinary process via NAR❌ No✅ Yes
Continuing ethics training required❌ No✅ Yes

People use these terms interchangeably, but they mean different things. Here’s a quick comparison:

The practical difference is accountability. A Realtor® has agreed to a higher standard of conduct and can be disciplined by their local association — not just the state licensing board — if they violate it. I am a Realtor® and a member of the San Diego Association of Realtors, which awarded me their Platinum Recognition of Excellence in 2021. That affiliation means every client I work with has an additional layer of professional recourse if something goes wrong — though in 20 years, I’ve made it my mission to ensure it never does.

Areas I serve in San Diego

My focus is San Diego’s coastal and inland luxury corridor — markets where local knowledge and off-market relationships make a measurable difference in outcomes. I help buyers find properties and sellers achieve top-dollar results across the communities below.

Testimonials

WOW! Peter and Jen made the process of selling my house so easy, I would go do it all over again! The level of service they provide is unmatched and I can't recommend them enough. Peter and his team are knowledgable, thoughtful, responsive and kind. You cannot go wrong using them. Highly, highly recommend!

Julie and Mat Sitio Manana, Carlsbad

Pete and his team were fantastic. If you are looking for an experienced real estate broker you can trust, I definitely recommend him. We just closed escrow last month and found the home we were looking for. Pete listened to our unique needs, showed us multiple properties in great neighborhoods and gave us sound advice during our negotiations.

Christian and April Birch Bluff, Scripps Ranch

Working with Peter and his assistant Jenn made our life easy while trying to relocate to this area. They were both kind, caring and knew very quickly what our needs were. We can't say enough about Peter and his team. They are the best.

Wayne and Sharon Coolngreen, Encinitas

Pete and his team were absolutely incredible, from start to finish. We've not done multiple transactions with Pete and each has been well organized and extremely well communicated. Pete handles details with a deft hand, and anticipates questions and issues better than any other agent we've worked with. Truly a pleasure to work with!

Trent and Brianne La Posta Road, Encinitas

Pete helped us buy a house in Encinitas remotely, and we couldn’t be happier with the experience. He took detailed videos of the properties we were interested in and was always quick to respond and visit new listings. Even though my wife grew up in Encinitas, Pete's local knowledge was invaluable. He negotiated a tricky off-market deal with persistence and skill, and his hard work paid off. Pete also connected us with trusted local contractors and inspectors for any issues that needed professional attention. We highly recommend working with Pete!

Guy and Elise Arden Road, Encinitas

Frequently asked questions

Do I need a realtor to buy or sell a home in San Diego?

You are not legally required to use a Realtor® to buy or sell property in California, but the practical risks of going unrepresented in San Diego’s market are significant. A skilled Realtor® provides pricing analysis, negotiation, contract expertise, and transaction management that protects you from costly mistakes on both sides of the table. In a market where the average sale price runs well above $1 million, even a 1% negotiating error represents tens of thousands of dollars. Having a Realtor® in your corner — particularly one with deep local expertise — typically pays for itself many times over.

What is the difference between a realtor and a real estate agent in California?

In California, all real estate licensees must hold a valid DRE license, but a Realtor® is specifically a member of the National Association of Realtors and is bound by its Code of Ethics. That means a Realtor® has agreed to higher professional standards than state licensing law alone requires, including mandatory ethics training and oversight by their local association. The distinction is especially relevant when things get complicated — like a contested repair request or a disclosure dispute — because a Realtor® can be held accountable through NAR’s formal disciplinary process, not just the state licensing board.

How do I know if a realtor is good at negotiation?

Ask for specific examples and real numbers. A good realtor should be able to tell you their list-to-sale price ratio, cite a specific deal where they negotiated a price reduction or won a bidding war for a buyer, and explain the strategy they used. Vague claims about being “a tough negotiator” are not evidence. My listings sell at 99.7% of list price on average in 30 days — data points that reflect consistent negotiating performance across transactions, not isolated wins.

What questions should I ask a realtor before hiring them?

The most important questions cover local production data, list-to-sale price ratio, off-market access, team structure, and communication commitments. You want to know specifically how many deals they’ve closed in your target neighborhood in the last 12 months, who will actually be working your file, and what their marketing plan looks like in detail. Pay close attention to how quickly they respond to your initial inquiry — responsiveness before you hire them is a reliable indicator of how available they’ll be during escrow.

How do I find a realtor who knows the San Diego luxury market?

Look for agents with verifiable production at the price point you care about, plus third-party credentials that require independent validation. Real Trends rankings, Five Star Professional, and SDBJ’s Leader of Influence designation are examples of recognition that isn’t self-reported. I’ve closed $284 million in career sales at an average price of $2.2 million, and I’m a member of Compass’s Luxury Counsel — a group of the top 20 Compass agents in San Diego. Those credentials exist because luxury transactions require a different level of market knowledge, marketing sophistication, and negotiation skill than standard residential sales.

What are the biggest red flags when hiring a realtor in San Diego?

The most serious red flags are an inability to produce verified local sales data, a recommendation to list above market value without a clear comparable analysis to support it, slow communication before you’ve even signed an agreement, and no access to off-market inventory. In San Diego’s coastal luxury market specifically, an agent who only works the public MLS is leaving a meaningful segment of available inventory on the table for their buyer clients. Pressure to waive contingencies without a clear explanation of the risk is another warning sign that should give you serious pause.

How long does it take to buy or sell a home in San Diego?

Once you’re under contract, California escrow typically takes 21 to 30 days for cash purchases and 30 to 45 days for financed transactions, though timelines vary. On the front end, an active buyer in a competitive coastal market might find the right property in two to six weeks, or it may take longer depending on how specific their criteria are. For sellers, my pre-market preparation process — staging, photography, and Compass Private Exclusive pre-marketing — typically takes one to three weeks before going live, and my listings have been averaging 30 days on market. From start to close, most clients should plan for a 60-to-90-day process.

How do realtors get paid in California, and who pays the commission?

In California, commission structures have evolved following the 2024 NAR settlement. Sellers and buyers now negotiate compensation with their respective agents separately, and buyer-agent compensation must be agreed upon in writing before touring homes. As a listing agent, my compensation is negotiated directly with the seller. As a buyer’s agent, I discuss my fee upfront so there are no surprises. The important thing to understand is that compensation is always negotiable, and you should ask any agent you interview to explain their fee structure clearly before signing any agreement.

Ready to work with Peter Caspersen?

“The best advice I can give anyone trying to navigate San Diego real estate is simple: hire someone who knows this market cold, communicates honestly, and will treat your transaction as if their own money is on the line — because their reputation is.”