Varnell Owens

Brokerage of Record: Better Homes Realty/mcarthr

License State: California

License Number: 00631087

Service areas: Oakland, Caballo Hills , East 14th Street Business District, Coliseum Industrial Complex, Bancroft Business, Castlemont, San Leandro, Brookfield Village, Hayward, Frick, Allendale, Harrington, Arroyo Viejo, Alameda, Glen Eden, Bartlett, Mills College, South Berkeley, Chabot Park, Berkeley, Meadow Brook, Coliseum, Estudillo Estates-Glen, Sequoyah, Bella Vista, Iveywood, Longwood- Winton Grove, Cox, Hoover-Foster, Assumption Parish, Davis Tract, North Stonehurst, Old City, Highland Terrace, Leona Heights, Farrelly Pond District
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Summary: Varnell Owens is an elite California real estate agent, ranked in the upper 4% of his/her peers at the 96th percentile.

He/she has completed at least 89 transactions with an average sale price of $177K. He/she has closed transactions ranging from $40K to $525K in value.

Varnell's brokerage of record is Better Homes Realty/mcarthr where he/she primarily serves sellers with Single Family properties in Oakland, San Leandro and Hayward and the Caballo Hills, East 14th Street Business District and Coliseum Industrial Complex neighborhoods.

Varnell stands out because of his/her depth of experience as both a listing and buyer’s agent and his/her ability to negotiate a lower price per square foot for his/her buyers relative to the buyers of comparable properties.

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NC AGENT SCORE

Varnell Owens has received an overall rating of "Excellent" By NeighborCity. The 'NC Agent Score' represents this real estate agent's (Varnell Owens) performance* when working with buyers and sellers to list, purchase and sell their properties, relative to their agent peer group**.

This number represents Varnell’s percentile ranking among his/her peer group. Thus, for agents that Varnell competes with, he/she was in the 96th percentile, meaning he/she performed better than 95% of his/her peer agents and conversely was in the top 4% of his/her peers. The maximum score is "99" for 99th percentile.

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Varnell Owens's Performance Metrics

GENERAL METRICS

Top Cities

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These are the cities where Varnell represents buyers and sellers most often, listed by percent of active and sold listings in each location.

Oakland — 88 (83%)
San Leandro — 7 (7%)
Hayward — 5 (5%)
Alameda — 3 (3%)
Berkeley — 2 (2%)
Bella Vista — 1 (1%)

Top Neighborhoods

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These are the neighborhoods where Varnell represents both buyers and sellers most often, listed by percent of active listings and transactions closed in each location.

Caballo Hills — 15 (15%)
East 14th Street Business District — 13 (13%)
Coliseum Industrial Complex — 9 (9%)
Bancroft Business — 9 (9%)
Castlemont — 7 (7%)
Brookfield Village — 5 (5%)
Frick — 3 (3%)
Arroyo Viejo — 3 (3%)
Harrington — 3 (3%)
Allendale — 3 (3%)
Other:
Coliseum — 2 (2%)
Glen Eden — 2 (2%)
Estudillo Estates-Glen — 2 (2%)
Chabot Park — 2 (2%)
Meadow Brook — 2 (2%)
Bartlett — 2 (2%)
South Berkeley — 2 (2%)
Mills College — 2 (2%)
Cox — 1 (1%)
Sequoyah — 1 (1%)
Longwood- Winton Grove — 1 (1%)
Iveywood — 1 (1%)
Assumption Parish — 1 (1%)
Farrelly Pond District — 1 (1%)
Old City — 1 (1%)
Leona Heights — 1 (1%)
Highland Terrace — 1 (1%)
Hoover-Foster — 1 (1%)
North Stonehurst — 1 (1%)
Davis Tract — 1 (1%)

Listing Types

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These are the types of properties that Varnell represents most often for both buyers and sellers, listed by percent of active listings and transactions closed for each property type (Single Family, Condo, Town House, Multi-family, land & lots, etc.)

Single Family — 72 (68%)
Multi-Unit — 16 (15%)
Condo — 10 (9%)
Town Houses — 6 (6%)
Land — 2 (2%)

Buyers Vs. Sellers Represented

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This is the ratio and number of closed transactions where Varnell represented a buyer in the purchase of a home (‘Buyer’) vs. a seller in the sale of a home (‘Seller’).

Seller — 70 (79%)
Buyer — 19 (21%)

Number of Closed Transactions

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This is the number of total transactions that Varnell completed when representing buyers and sellers vs. his/her agent peer group (‘Peers’).

Varnell
89 Closed
Transactions
Varnell's Peers
28 Closed
Transactions

Number of Active Listings

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This is the number of properties that Varnell is currently listing for sale vs. the number listed for sale on average, by his/her agent peer group (‘Peers’). If this number is substantially lower than his/her peers, Varnell may be new to the business, a buyer’s agent, or part of a team where the team leader claims credit for all listings and sales. If his/her listing count is much greater than his/her peers, then Varnell may be too busy to effectively service another client.

Varnell
7 Active
Listings
Varnell's Peers
4 Active
Listings

% Dual Rep Transactions

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This is the percent of Varnell’s transactions where his/her brokerage represented both the buyer and seller as broker of record, vs. his/her agent peer group (‘Peers’). Ideally this percent should be lower than Varnell’s peers because sharing a broker can work against either the buyer or seller, resulting in a lower or higher selling price than otherwise would be expected.

Varnell
21% Dual Rep
Broker/Agent
Varnell's Peers
14% Dual Rep
Broker/Agent

% Dual Rep - Same Agent

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This is the percent of Varnell’s transactions where he/she and his/her brokerage represented both the seller and buyer as the agent and broker of record, vs. his/her agent peer group (‘Peers’). ). Ideally this percent should be lower than Varnell’s peers because sharing an agent and broker can work against either the buyer or seller, resulting in a lower or higher selling price than otherwise would be expected.

Varnell
17% Dual Rep
Agent
Varnell's Peers
7% Dual Rep
Agent

Price Ranges Represented

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These are the price ranges of listings Varnell listed or sold on behalf of Varnell buyer and seller clients, along with the number of listings in each price range in parenthesis, e.g. $300K (22) means 22 listings in the $300-399K range were represented by this agent. Picking an agent with ample experience in your price range is a good idea.

Listing Agent Performance

Better than peers
Worse than peers
Peers

# Listings Sold

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This is the number of total transactions that Varnell completed when representing sellers in a sale of a property vs. his/her agent peer group (‘Peers’).

Varnell
70 Listings
Sold
Varnell's Peers
24 Listings
Sold

Average Days on Market

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This is the average number of days that Varnell's listings were available to be purchased (on the market) including sold, withdrawn and currently for sale properties.

Varnell
124 Days on
Market
Varnell's Peers
157 Days on
Market

Average Days To Sale

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This is the average number of days it took Varnell to sell a listing when representing a seller.

Varnell
 
84 Days to Sale
Varnell's Peers
124 Days to
Sale

% Listings Sold

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This is the percent of the listings that Varnell lists for sale that eventually sell.

Varnell
90% of listings
sold
Varnell's Peers
90% of listings
sold

Sale Price Spread

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This is the percent of the full asking price that Varnell was able to obtain for her seller clients on average.

Varnell
100.5% of ask
price
Varnell's Peers
100.3% of ask
price

Sale Price Normalized Spread

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This is the percent of the full asking price that Varnell was able to obtain for his/her seller clients on average, relative to the number days the property was for sale. It indicates the quality of his/her negotiation skills since the longer a property sits on the market, the harder it is to negotiate a sale price close to full asking price.

Varnell
101.2% of ask
price
Varnell's Peers
101.7% of ask
price

Average Sale Price Per Sq.Ft.

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This is the average price per square foot received by Varnell’s sellers (sale price divided by the total area of the home) as compared to his/her peers.

Varnell
$138 Avg. Per
Sq.Ft.
Varnell's Peers
$224 Avg. Per
Sq.Ft.
view more listing agent metrics

Buyer's Agent Performance

Better than peers
Worse than peers
Peers

# Listings Purchased

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This is the number of total transactions that Varnell completed when representing buyers to purchase a property vs. his/her agent peer group (‘Peers’).

Varnell
19 Listings
Purchased
Varnell's Peers
10 Listings
Purchased

Purchase Price Spread

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This is the percent of the full asking price that Varnell was able to obtain for his/her buyer clients on average.

Varnell
96.8% of Ask
Price
Varnell's Peers
100% of Ask
Price

Purchase Normalized Spread

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This is the percent of the full asking price that Varnell was able to obtain for his/her buyer clients on average, relative to the days the property was for sale. It indicates the quality of his/her negotiation skills since the longer a property sits on the market, the easier it should be to negotiate a reduction in price (or spread).

Varnell
95.4% of Ask
Price
Varnell's Peers
101% of Ask
Price

Avg. Purchase Price Per Sq.Ft.

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This is the average price per square foot paid by Varnell’s buyers (sale price divided by the total finished area of the home) as compared to his/her peers.

Varnell
$117 Avg. Per
Sq.Ft.
Varnell's Peers
$190 Avg. Per
Sq.Ft.
view more buyer’s agent metrics

Varnell Owens's Property Listings