Below is the Westside Market Report for September 2015 detailing local real estate market statistics and including year-over-year data:
Westside
News & Media
Below is the Westside Market Report for September 2015 detailing local real estate market statistics and including year-over-year data:
Westside
They say it’s not your crises that define you; it’s what you do with them. That’s the way it’s been with young superstar West Coast real estate agent Josh Flagg.
“One day, right in the middle of showing a client’s house, I fell in the pool,” he confesses. “I couldn’t let that slow me down, so I put on the owner’s robe, threw on some slippers and continued the showing.”
You could imagine the late-era Cary Grant mustering such aplomb, perhaps. But a guy who graduated from Beverly Hills High in 2004? Yet Flagg—whom you may have seen as one of the original regulars on Bravo’s reality TV series Million Dollar Listing Los Angeles—isn’t just unflappable. He’s the genuine article when it comes to real estate expertise, conviction, persistence and plain hard work. How else could he have sold more than $1 billion worth of properties before age 30 (a milestone he reaches this August), including the priciest homes in Los Angeles’ upscale Brentwood neighborhood and in Beverly Hills?
Maybe it’s the fact that he started selling real estate while still in high school that explains Flagg’s continuing penchant for doing his homework. “You have to know your market,” he says. “Really know it. I know what every home in my market sells for, who owns it, what they paid, who owned it before that and what they paid.”
Flagg has worked with celebrities including two Grammy winners—singer Adele and Adam Levine of the band Maroon 5—and record producer Steve Aoki. And he’s the author of two books, 2011’s Million Dollar Agent: Brokering the Dream, and A Simple Girl: Stories My Grandmother Told Me, published two years earlier.
That grandmother, by the way, was the late Edith Flagg (1919–2014), a renowned fashion designer and executive who was the first to import polyester to the U.S. for use in clothing. And the resourceful World War II Holocaust survivor and Dutch resistance fighter bequeathed more than genes to her grandson. The pair, who often traveled together, shared similar values, discipline and pluck. One time Edith even put in an appearance on Million Dollar Listing Los Angeles with Josh.
“She was extremely hard-working and passionate about her work, and I am too,” he says. “The fashion industry and real estate are not that different.” In fact, one of Edith’s business precepts arguably applies even more to his industry than to hers.
“She always said, ‘You don’t want to make one sale—you want clients for life,’” Josh recalls.
Today he keeps his grandmother’s spirit alive in his own frequent journeys. “I travel three months out of the year,” says Josh, whose favorite spots are southern France and southern Italy. “Travel is one of the best educations I could imagine—better than college.”
One thing travel teaches, of course, is that two distant places with different topography, foliage and climate can actually be kindred—like Beverly Hills and the Hamptons. Thus Josh Flagg and Jon Davis, both young superstars in their respective high-end markets, have worked together, referring clients to each other and helping each other with sales. “L.A. isn’t quite as expensive as people think,” says Josh. “The Hamptons are actually higher. But they’re also seasonal. We’re lucky in L.A. with our weather.”
Besides being similar—both known for their can-do attitude, stellar reputations and relentless commitment to their clients—Josh and Jon are good friends. “I love the Davis family,” says Josh. “We’re very close. And Jon and I are the two best real estate agents anywhere!”
Oh, and that interrupted showing, when Josh fell in the pool? Turns out he did make the sale.
Myspace co-creator Chris DeWolfe has bought a house in the Beverly Hills area for $5.5 million, according to the Multiple Listing Service.
The seller of the estate, which was once the home of the late television and Broadway producer Michael Filerman, was “Million Dollar Listing” mainstay Josh Flagg. The Rodeo Realty agent bought the 1953 Traditional-style home in April and had planned a two-year down-to-the-studs renovation and expansion.
Set on 1.33 acres on a cul-de-sac, the 4,748-square-foot house has a 12- to 15-car motor court at its entrance. A high-ceiling living room, a family room with a bay window, a formal dining room, four bedrooms and five bathrooms are among the interior spaces.
French doors open to a patio with a swimming pool and spa.
DeWolfe, a former Myspace chief executive, now heads Social Gaming Network.
Filerman, who died last year at 75, is known for his work on “Dallas,” “Knots Landing” and “Falcon Crest.” He won Tonys for “The Gershwins’ Porgy and Bess” and “The Norman Conquests.”
Flagg handled the transaction, records show.
Article courtesy of the LA Times
Rodeo Realty is proud to announce Ben Bacal’s Induction into the “Billionaires Club” for 2015 by Who’s Who In Luxury Real Estate.
October 15, 2015-Seattle (WA)- Who’s Who in Luxury Real Estate inducted Ben Bacal into the “Billionaires Club” at their fall conference last week in Seattle, WA. The “Billionaires Club” is the highest honor bestowed on a realtor by Who’s Who in Luxury Real Estate.
Ben was also recognized for having the most noteworthy sale of $70,000,000, which was the highest sale price ever in Beverly Hills, as well as having the highest average sale price.
Who’s Who in Luxury Real Estate’s website LuxuryRealEstae.com is the most viewed luxury real estate website in the world. It receives more than 3.5 million page views per month and offers a showcase of more than 60,000 luxury properties with an average asking price of $2.5 million. The site has been named a “Forbes Favorite” and ranked “Best Website” by the high-net-worth U.S. consumers, according to Luxury Institute LLC.
Who’s Who in Luxury Real Estate consists of 1,561 outstanding brands in luxury real estate. With 5,588 offices in 64 countries, and more than 130,000 sales associates representing over 65,000 properties in over 100 countries. It is the most comprehensive luxury real estate network in the world.
Rodeo Realty ‘s website named “Best Real Estate Website” by Who’s Who In Luxury Real Estate.
SEATTLE, WA USA – Who’s Who in Luxury Real Estate’s Annual Fall Conference took place from Sunday, October 4th through Wednesday, October 7th in Seattle, Washington at the Four Seasons Hotel Seattle. Hundreds of luxury brokers from across the globe convened to connect with fellow members, share knowledge, and honor the best of the best in the industry.
Celebrating twenty decades of Luxury Real Estate conferences, the event culminated in the presentation of the Lifetime Achievement Award to Who’s Who in Luxury Real Estate Founder and Publisher John Brian Losh and the honoring of the history of past Lifetime Achievement Award recipients. This prestigious award is given to Who’s Who in Luxury Real Estate members who set an example for the global real estate industry and continue to display excellence throughout their career.
This year’s respected award recipients are as follows: Best App: Kentwood Real Estate, Best Brand Integration: Mikeli, Best Digital Marketing: LIV Sotheby’s International Realty, Best Industry Networking: John Stough of Kentucky Select Properties, Best Overall Marketing Package: Profusion Immobilier, Best Print Marketing: Red Oak Realty, Best Print Campaign: Coldwell Banker Mason Morse Real Estate, Best Video Marketing: Dingle Partners, Best Website Design: Amat Immobiliaris, Best Website Innovation: Rodeo Realty, Billionaires Club: Ben Bacal of Rodeo Realty, Extraordinary Philanthropist: Kirsten Johnson of Arizona Best Real Estate, Highest Average Sales Price: Carmel Realty Company, Highest Average Sales Price Individual: Rob Kildow of Hualalai Realty, Most Innovative Marketing Technique: 2Costa Rica Real Estate, Most Outbound Referrals: Waterfront Properties & Club Communities, Outstanding Development: The Ritz-Carlton Residences Long Island, North Hills of Daniel Gale Sotheby’s International Realty, Outstanding Rookie: Patty Webb of Harry Norman, Realtors, Malia Cox Nobrego of LIV Sotheby’s International Realty, Jacobo Turquie of Snell Real Estate, and Michael Silva of John Daughtery, Realtors, Outstanding Social Media Savvy: John-Mark Mitchell of Mitchell Prime Properties, Significant Sales Award: Tim Savage of Gulf Coast International Properties, Rob Kildow of Hualalai Realty, Tracy Fitzgerald of Russ Lyon Sotheby’s International Realty, Steve Cieciuch of Telluride Properties, The Invidiata Team, Tom Tezak of Wailea Realty, and Washington Fine Properties, Master Networker: Denise Pruitt of Arizona Best Real Estate, Kirsten Johnson of Arizona Best Real Estate, John Stough of Kentucky Select Properties, Rob Thomson of Waterfront Properties & Club Communities, and Julia Hoagland of Compass,
About LuxuryRealEstate.com
LuxuryRealEstate.com, frequently ranked ‘Best Website’ in consumer and industry surveys, has been recognized for excellence by the WMA Awards and the Webby Awards and has been voted ‘Best of the Web’ by Forbes magazine multiple times. Since its debut in 1995, LuxuryRealEstate.com has remained the #1 portal for luxury properties on the internet and has several times more $1,000,000+ content of any near-peer.
Known in the industry since 1986 as the Who’s Who in Luxury Real Estate network, a global collection of the finest luxury real estate brokers in the world, this group of more than 130,000 professionals with properties in more than 70 countries, collectively sells in excess of $190 billion of real estate annually. Members are selected by Chairman/Publisher John Brian Losh, one of REALTOR Magazine’s 25 Most Influential People in Real Estate and broker of fine properties through his Seattle-based brokerage firm, Ewing & Clark, Inc.
The company has also been recognized by the Maggie Awards, received an ADDY Award for excellence in Web Design, ranked in the Inc. 5000 List and named as one of the 100 Fastest Growing Private Companies by the Puget Sound Business Journal.
Article courtesy of Luxury Real Estate
On a clear day, this Mediterranean-inspired contemporary on a hilltop in Pacific Palisades takes in views extending from Santa Monica down to Rancho Palos Verdes and beyond to the Catalina Islands. A courtyard entry, an outdoor kitchen and an infinity-edge swimming pool and spa make up the half-acre setting, found across from an estate once owned by Kobe Bryant.
Address: 1524 Lachman Lane, Pacific Palisades, 90272
Price: $6.95 million
Built: 1984
House size: 4,613 square feet, five bedrooms, 5.5 bathrooms
Lot size: 0.5 acres
Features: Courtyard entry, wrought-iron finishes, raised ceilings, wainscoting, open-plan living room with fireplace, updated kitchen, wine storage, master suite with his and hers walk-in closets and bathrooms, outdoor kitchen/wet bar, swimming pool and spa
About the area: The median sale price for single-family homes in the 90272 ZIP Code in August was $2.713 million based on 22 sales, according to CoreLogic. That was a 19% increase in median price compared with the previous year.
Agents: Josh Flagg, Rodeo Realty — Beverly Hills, (310) 623-8703
SEATTLE, WA USA – September 29, 2015 – Who’s Who in Luxury Real Estate announced today the award nominees for the 20th Annual Luxury Real Estate Fall Conference that will take place from October 4th through 7th, 2015 at the Four Seasons Hotel Seattle. The awards will be presented at the Gala Dinner on Wednesday the 7th, which will celebrate twenty years of Luxury Real Estate conferences and honor the legacy of Luxury Real Estate Lifetime Achievement Award recipients.
The 2015 award nominees have demonstrated excellence in the following areas:
Best App
Rodeo Realty
Bossa Nova Sotheby’s International Realty
Kentwood Real Estate
Houlihan Lawrence
Best Brand Integration
Arizona Best Real Estate
Carmel Realty Company
Chase International
Colorado Group Realty
Johnston & Daniel Divison, Royal LePage Real Estate Services Ltd.
Mikeli
Mitchell Prime Properties
Profusion Immobilier
Resources Real Estate
The Invidiata Team
Best Digital Marketing
Chinowth & Cohen Realtors
Concierge Auctions
Dingle Partners
Kevin Aizenshtat, Gulf Coast International Properties
John Daugherty Realtors
Kentucky Select Properties
LIV Sotheby’s International Realty
Resources Real Estate
Lisa Wadey, Russ Lyon Sotheby’s International Realty
Stan Ponte, Sotheby’s International Realty
Steve Cieciuch, Telluride Properties
Louise McKaig, Village Properties
Best Industry Networking
Denise Pruitt, Arizona Best Real Estate
Steve Eckhardt, Cornerstone Properties International
John Daugherty, Realtors
John Stough, Kentucky Select Properties
Best Overall Marketing Package
Carmel Realty Company
Chinowth & Cohen Realtors
Colorado Group Realty
Concierge Auctions
Daniel Gale Sotheby’s International Realty
Hammond Residential Real Estate
Team Denver Homes, Kentwood Real Estate
Mikeli
Profusion Immobilier
Red Oak Realty
Resources Real Estate
Rodeo Realty
Shannon Schmitz Group
Stribling & Associates
The Greenbrier Sporting Club
The Invidiata Team
Best Print Marketing
Carmel Realty Company
Chase International
Colorado Group Realty
Concierge Auctions
Daniel Gale Sotheby’s International Realty
The Buckhead Office of HNR, Harry Norman, Realtors
Harry Norman, REALTORS
Johnston & Daniel Divison, Royal LePage Real Estate Services Ltd.
Kentwood Real Estate
LIV Sotheby’s International Realty
Mitchell Prime Properties
Profusion Immobilier
Red Oak Realty
Resources Real Estate
Rodeo Realty
Dianne Usher, Royal LePage Johnston & Daniel
Shannon Schmitz Group
Steve Cieciuch, Telluride Properties
The Greenbrier Sporting Club
The Invidiata Team
Best Print Campaign
Red Oak Realty
Daniel Gale Sotheby’s International Realty
Coldwell Banker Mason Morse
Best Video Marketing
Coldwell Banker Mason Morse
Dingle Partners
Bonneau Ansley, Harry Norman Realtors
Lawrence Realty
Mitchell Prime Properties
Sereno Group
The Greenbrier Sporting Club
Louise McKaig, Village Properties
Tom Tezak, Wailea Realty
Best Website
Amat Immobiliaris
Chinowth & Cohen Realtors
Coldwell Banker Mason Morse
Concierge Auctions
Carpenter Kessel Homeselling Team, Dale Sorensen Real Estate
Galles Properties
Bonneau Ansley, Harry Norman Realtors
John’s Island Real Estate Company
Kentwood Real Estate
Lawrence Realty
Lila Delman Real Estate International
McEnearney Associates, Inc.
Pacific Union International
Profusion Immobilier
Resources Real Estate
Rodeo Realty
Steve Cieciuch, Telluride Properties
The Ashton Real Estate Group of RE/MAX Elite
The Greenbrier Sporting Club
Louise McKaig, Village Properties
Zephyr Real Estate
Billionaires Club
Aaron Kirman, John Aaroe
Ben Bacal, Rodeo Realty
Extraordinary Philanthropist
Kirsten Johnson, Arizona Best Real Estate
Shari Chase, Chase International
Concierge Auctions
Harry Norman, REALTORS
Jeanne Linden, Harry Norman, REALTORS
John Fortney, Harvey Kalles Real Estate Ltd
Richard Ray, John Daugherty, Realtors
Kathy P. Wetmore, John Daugherty, Realtors
Karen Schneider, Lois Schneider Realtor
Resources Real Estate
Sereno Group
The Invidiata Team
Stefano DeZerega, Zephyr Real Estate
Highest Average Sales Price
Mitchell Team, Carmel Realty Company
Carmel Realty Company
Sue Lowe, Chase International
Rob Kildow, Hualalai Realty
John-Mark Mitchell, Mitchell Prime Properties
Tracy Fiztgerald, Russ Lyon Sotheby’s International Realty
Sereno Group
Washington Fine Properties
Master Networker
Denise Pruitt, Arizona Best Real Estate
Kirsten Johnson, Arizona Best Real Estate
John Stough, Kentucky Select Properties
Rob Thomson, Waterfront Properties & Club Communities
Julia Hoagland, Compass
Most Innovative Marketing Technique
2 Costa Rica Real Estate
Amat Immobiliaris
Chinowth & Cohen Realtors
Coldwell Banker Mason Morse
Concierge Auctions
Greg Burns, Elite Pacific Properties
Mor Zucker, Kentwood Real Estate
Kentwood Real Estate
Pacific Union International
Resources Real Estate
Snell Real Estate
Stan Ponte, Sotheby’s International Realty
The Invidiata Team
Most Outbound Referrals
David Kelsey, Intero Real Estate
Waterfront Properties & Club Communities
Outstanding Community
Zalanta, Chase International
The Ritz-Carlton Residences Long Island, North Hills, Daniel Gale Sotheby’s International Realty
Les Bordes
The Greenbrier Sporting Club
Outstanding Rookie
Patty Webb, Harry Norman Realtors
Michael Silva, John Daugherty, Realtors
Malia Cox Nobrega, LIV Sotheby’s International Realty
Jacobo Turquie, Snell Real Estate
Isabelle Grotte, Zephyr Real Estate
Outstanding Social Media Savvy
2Costa Rica Real Estate
Chinowth & Cohen Realtors
Coldwell Banker Mason Morse
Concierge Auctions
Harry Norman Realtors
Sabrina Elias, John Daugherty, Realtors
Bryan Beene, John Daugherty, Realtors
LIV Sotheby’s International Realty
John-Mark Mitchell, Mitchell Prime Properties
Resources Real Estate
Erin Talbert-Brust, Rodeo Realty
Lisa Wadey, Russ Lyon Sotheby’s International Realty
Sereno Group
The Greenbrier Sporting Club
Sabrina Gee Shin, Zephyr Real Estate
Significant Sales Award
Brian Hazen, Coldwell Banker Mason Morse
David Kelsey, Intero Real Estate
Tim Savage, Gulf Coast International Properties
Rob Kildow, Hualalai Realty
Bob Gibb, John’s Island Real Estate Company
Jeannette Mahaney, John’s Island Real Estate Company
Ba Stone, John’s Island Real Estate Company
Patricia Miller, Realty Trust Group
Tracy Fiztgerald, Russ Lyon Sotheby’s International Realty
Steve Cieciuch, Telluride Properties
The Invidiata Team
Tom Tezak, Wailea Realty
Washington Fine Properties
Stribling & Associates