Results for ‘Brokerage’ category

Why we’re in emerging neighborhoods

Found myself talking about neighborhoods with a new agent of ours yesterday. We were discussing why our deals (both the ones we do for ourselves and the ones we broker) tend to be grouped in a few main areas, none of which are the Westside, Hollywood, or Miracle Mile. It’s not that we dislike working

Will we give free advice?

Here’s a paraphrase of an email I got yesterday: “I’ve been working with another broker. I can’t seem to find any deals. Can you please give me some free advice about what I should buy.” I don’t mean to pick on the guy who sent it, but this kind of email drives us crazy. Why? We’ve worked long

An appreciation of our team

Two of our agents are close to closing difficult deals right now. Both agents spent a ton of time with their respective clients, looking at who-kn0ws-how-many deals before finally honing in on these targets and getting them into contract. In escrow, both deals have had multiple issues with appraisals, lenders, etc. It’s looking like both deals

What happens when a sub-market gets hot

Here’s one of the irritating things that happen when a neighborhood gets hot: Amateurs jump in. Someone puts a good deal on the market. Amateurs, seeing the kind of rents we get but not how much it costs to get them, bid the price up. We lose the auction. The amateur wins the auction but fumbles the

Hello agents!

It has recently come to my attention that many Los Angeles real estate agents read this blog. It’s not that surprising. After all, as we have discussed here many times, apartment deals, particularly in rent controlled areas like LA, are very, very different from single family or condo deals. And the multifamily training provided to

Page 1 of 2712345...1020...Last »