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John Chen
Brokerage of Record: Redfin Corporation
License State: California
License Number: 01741710
Service areas: San Jose, Sunnyvale, Belmont, San Mateo, Gilroy, Milpitas , California Maison, Mills Estates, Centennial, Hillsborough Oaksbridge, Los Paseos, Palmar-Borello, Monta Loma, Saratoga, Woodside, Burlingame, Foster City, Redwood City, San Carlos, Hillsborough, Mountain View
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Summary: John Chen is a highly accomplished California real estate agent, ranked in the upper 12% of his peers at the 88th percentile.
He has completed at least 28 transactions with an average sale price of $640K. He has closed transactions ranging from $250K to $2.55M in value.
John's brokerage of record is Redfin Corporation where he primarily serves buyers with Single Family properties in San Jose, Sunnyvale and Belmont and the Hillsborough Oaksbridge, Monta Loma and Palmar-Borello neighborhoods.
John stands out because of his depth of experience as a buyer’s agent and his ability to quickly sell his client’s homes, once listed.
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NeighborCity In The News
NC AGENT SCORE
John Chen has received an overall rating of "Very Good" By NeighborCity. The 'NC Agent Score' represents this real estate agent's (John Chen) performance* when working with buyers and sellers to list, purchase and sell their properties, relative to their agent peer group**.
This number represents John’s percentile ranking among his peer group. Thus, for agents that John competes with, he was in the 88th percentile, meaning he performed better than 87% of his peer agents and conversely was in the top 12% of his peers. The maximum score is "99" for 99th percentile.
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?John Chen's Performance Metrics
GENERAL METRICS
Top Cities
?These are the cities where John represents buyers and sellers most often, listed by percent of active and sold listings in each location.
Top Neighborhoods
?These are the neighborhoods where John represents both buyers and sellers most often, listed by percent of active listings and transactions closed in each location.
Listing Types
?These are the types of properties that John 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.)
Buyers Vs. Sellers Represented
?This is the ratio and number of closed transactions where John represented a buyer in the purchase of a home (‘Buyer’) vs. a seller in the sale of a home (‘Seller’).
Number of Closed Transactions
?This is the number of total transactions that John completed when representing buyers and sellers vs. his agent peer group (‘Peers’).
Number of Active Listings
?This is the number of properties that John is currently listing for sale vs. the number listed for sale on average, by his agent peer group (‘Peers’). If this number is substantially lower than his peers, John 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 listing count is much greater than his peers, then John may be too busy to effectively service another client.
% Dual Rep - Same Agent
?This is the percent of John’s transactions where he and his brokerage represented both the seller and buyer as the agent and broker of record, vs. his agent peer group (‘Peers’). ). Ideally this percent should be lower than John’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.
Price Ranges Represented
?These are the price ranges of listings John listed or sold on behalf of John 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
# Listings Sold
?This is the number of total transactions that John completed when representing sellers in a sale of a property vs. his agent peer group (‘Peers’).
Average Days To Sale
?This is the average number of days it took John to sell a listing when representing a seller.
% Listings Sold
?This is the percent of the listings that John lists for sale that eventually sell.
Sale Price Spread
?This is the percent of the full asking price that John was able to obtain for her seller clients on average.
Sale Price Normalized Spread
?This is the percent of the full asking price that John was able to obtain for his seller clients on average, relative to the number days the property was for sale. It indicates the quality of his 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.
Average Sale Price Per Sq.Ft.
?This is the average price per square foot received by John’s sellers (sale price divided by the total area of the home) as compared to his peers.
Buyer's Agent Performance
# Listings Purchased
?This is the number of total transactions that John completed when representing buyers to purchase a property vs. his agent peer group (‘Peers’).
Purchase Price Spread
?This is the percent of the full asking price that John was able to obtain for his buyer clients on average.
Purchase Normalized Spread
?This is the percent of the full asking price that John was able to obtain for his buyer clients on average, relative to the days the property was for sale. It indicates the quality of his negotiation skills since the longer a property sits on the market, the easier it should be to negotiate a reduction in price (or spread).
Avg. Purchase Price Per Sq.Ft.
?This is the average price per square foot paid by John’s buyers (sale price divided by the total finished area of the home) as compared to his peers.
John Chen's Peers
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John Chen's Property Listings
$645,000
Single Family
2109 sq ft
$306 / sq ft
$821,000
Single Family
1572 sq ft
$522 / sq ft
$426,500
Single Family
1891 sq ft
$226 / sq ft
$549,000
Single Family
1502 sq ft
$366 / sq ft