Rodeo News: Syd Leibovitch and Josh Flagg Recognized in the 2020 LABJ 500 List

The Los Angeles Business Journal just released the 2020 LABJ Top 500 List, honoring the most influential leaders and executives in Los Angeles. Our Founder & CEO, Syd Leibovitch was recognized along with one of our Top Producing agents, Josh Flagg.

Learn more about Leibovitch and Flagg here:

Leibovitch, Syd — Rodeo Realty Inc.

THE LATEST: Leibovitch founded Rodeo Realty Inc. more than 30 years ago. The Beverly Hills-based company has since grown to include more than 1,200 licensed agents and brokers, and 12 offices in L.A. and Ventura counties. In 2019, Rodeo Realty closed more than 5,000 transactions totaling roughly $5 billion in sales.

BACKGROUND: Leibovitch received his real estate license while still a senior at UCLA; he started during his winter break, selling three homes in his first two weeks. The decision not only led him to withdraw from the UCLA track team to focus on selling real estate but also prompted him to skip law school. In 1986, at the age of 25, he started what became Rodeo Realty. Within one year, the company grew to nearly 100 realtors, some of whom are still there. It remains one of the largest single-owner residential real estate companies in California.

YEARS ON THE LA500: 3

Flagg, Josh — Rodeo Realty Inc.

THE LATEST: Flagg sold $266 million worth of real estate in L.A. in 2019, good for the No. 12 spot on the Business Journal’s annual list of top residential real estate agents. He sold 54 properties in the county. Flagg is one of the stars of Bravo’s “Million Dollar Listing Los Angeles.”

BACKGROUND: The agent with the longest tenure on “Million Dollar Listing Los Angeles,” Flagg has sold more than $2 billion worth of properties in his career. His clients include Shonda Rhimes, Adam Levine and Steve Aoki. Flagg is on the board of governors for Cedars-Sinai Medical Center, Temple of the Arts and Los Angeles Jewish Home. He is also involved with Friends of the Israel Defense Forces and the Los Angeles Museum of the Holocaust. His grandmother, sportswear designer Edith Flagg, was a Holocaust survivor. Josh Flagg and his husband, Bobby Boyd, run the Josh Flagg and Bobby Boyd Family Foundation.

YEARS ON THE LA500: 2

Rodeo In The News: Shemar Moore Lists in Encino

Rodeo Realty Agent, Milla Pariser, just listed Shemar Moore’s previous Encino Home. Shemar Moore is an award-winning actor known for The Young and the Reckless, Criminal Minds, S.W.A.T. and more.  Shemar is on the hunt for a buyer in Encino, where his home of more than a decade has come on the market at $2.596 million.

The property is in a highly desirable area as it is close enough to the hustle and bustle of Ventura Boulevard, but secluded enough to serve as your own personal sanctuary. Brimming with absolute tranquility, this home is the entertainer’s dream, equipped with the most ideal necessities. From the airy living area to the luxurious backyard with pool, spa, and grass. This sophisticatedly stylish Spanish Abode is ready to welcome its new owners! 

This property received numerous press hits through the Rodeo Realty Public Relations Department. Featured in Variety, LA Times, Realtor.com, and more!

To learn more about the property and Milla’s other listings, see below. 

Address: 3465 Caribeth Drive, Encino, CA 91436 

Listing Agent: Milla Pariser 

Listing Price: $2,596,000

Property Video: HERE

Economic Update for the Week Ending March 13, 2020

 

Stock Markets Entered Bear Market Territory

Its difficult to imagine that all major stock market indexes closed at all time highs on February 19, 2020. In less than a month the longest bull market in history has ended because of a virus that has caused a global pandemic. Investors have concluded that the cruise industry will be decimated. It’s probable that the airline industry will need a bail out. Retail, sports, entertainment, restaurants, private schools, and other business sectors will also suffer devastating losses. Demand for oil with cruise ships halted, flights cancelled, people staying home and not driving has caused a surplus in the supply of oil. OPEC had called for cutting production to keep an already over supply of inventory from increasing and stabilizing prices, but Russia refused, and oil prices saw their largest one day decline since 1991. By weeks end the Fed had announced how they would add liquidity to support the financial system, and help business lending. The House also passed an emergency package. The Fed action, and the prospect of congressional stimulus sparked a 2,000 point rally on Friday to end the week with less devastation to stocks by making up much of Thursday’s losses which was the largest one day percentage drop in the DOW, eclipsing Black Monday’s drop in 1987. To be fair, on the positive side major stock market indexes are still above their levels at the beginning of 2019. We have lost about one year of gains. The Dow Jones Industrial Average closed the week at 23,185.62, down 10.4% from 25,864.78 last week. It’s down 18.8% year to date. The S&P 500 closed the week at 2,711.02, down 8.8% from 2,972.37 last week. It’s down 16.1% year to date. The NASDAQ closed the week at 7,874.88, down 8.2% from 8,575.62 last week. It’s down 12.2% year to date.

U.S. Treasury Bond Yields

As stock markets continued to plummet investors moved money from stocks to the safety of bonds. The 10-year treasury bond yield closed the week slightly above last week, but still at their lowest level in 100 years, Monday’s yields dropped to the lowest in the history in America, but worked their way up in the end of the week. The 10-year treasury bond closed the week yielding 0.94%, up from 0.74% last week. The 30-year treasury bond yield ended the week at 1.56%, up from 1.25%, last week. We watch treasury bond yields because mortgage rates often follow bond yields.

Mortgage Rates at 40-Year Lows 

The Freddie Mac Primary Mortgage Survey released on March 12, 2020 reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 3.36% up from 3.29% last week. The 15-year fixed was 2.77% unchanged from 2.79% last week. The 5-year ARM was 3.01%, down from 3.18% last week. Usually, mortgage rates follow bond yields, but lenders have not lowered rates to the extent that bond yields have dropped. This week lenders actually raised rates because they did not have the staff to handle the volume of all the loans in process, as sales have been brisk, and refinancing has surged.

 

LA Weekend Events: February 28 – March 1

Whether it’s the final rose being handed out live, Pee-wee Herman going for a ride down memory lane or Oprah sitting across from Jennifer Lopez, there’s no need to escape to Margaritaville just yet – it’s all happening here in Los Angeles and the Westside this weekend.

FRIDAY, FEBRUARY 28, 2020

The Bachelor Live on Stage

The Theatre at Ace Hotel, 29 South Broadway, Los Angeles, CA 

Former stars of The Bachelor and The Bachelorette Ben Higgins and Becca Kufrin bring the drama, the revelations, the tears, the scandal (well, probably not) of an entire season and cram it into one rose-filled night. Promising to be the “ultimate fan experience,” the show will take a local bachelor and introduce him to local women from the audience. From there … well, do we really need to explain? For details on how you can attend, go HERE.

Escape to Margaritaville

Dolby Theatre, 6801 Hollywood Boulevard, Los Angeles, CA

This musical inspired by flip-flop-wearing crooner Jimmy Buffett has earned raves since its debut in 2007. The plot involves a part-time bartender in a tropical paradise who falls for a tourist best-described as having an A-type personality. The songs, naturally, are all from Buffett, based on a book by Greg Garcia and Mike O’Malley. To join the party, go HERE.

saturDAY, FEBRUARY 29, 2020

WW Presents: Oprah’s 2020 Vision: Your Life in Focus

The Forum, 3900 W Manchester Boulevard, Inglewood, CA 90305

As part of her first U.S. tour in five years, the global icon seeks to inspire event-goers with discussions of health, well-being and personal transformation. For this event, she will be chatting with Jennifer Lopez for an intimate one-on-one conversation. For details, go HERE.

The Book of Mormon

Ahmanson Theater, 135 N Grand Avenue, Los Angeles, CA

From the creators of South Park comes what the New York Times hailed as “the best musical of this century.” But you probably knew that already. In fact, it’s hard to imagine a musical that has broken into the pop culture lexicon quite like The Book of Mormon, which won nine Tony Awards including Best Musical. Yet the word continues to spread about the production, concerning a pair of mismatched missionaries. For more information, go HERE.

sunDAY, march 1, 2020

Pee-wee’s Big Adventure 35th Anniversary Tour with Paul Reubens

The Wiltern, 3790 Wilshire Boulevard, Los Angeles, CA 90010

For the 35th anniversary of the cult classic that launched the careers of both Pee-wee himself, Paul Reubens, as well as future Batman and Beetlejuice director Tim Burton, Reubens is taking his prized red bicycle on the road, so to speak. He will be attending this screening at the Wiltern, after which he will take to the stage himself. For tickets, go HERE.

The Chieftains

Walt Disney Concert Hall, 111 S Grand Avenue, Los Angeles, CA

After five decades and six Grammys, the Irish folk group are embarking on their last tour to the U.S. Long acclaimed for introducing traditional Irish music to international audiences, the Irish government even awarded them the honorary title of “Ireland’s Musical Ambassadors” in the 1980s. Expect much dancing and strumming for their send-off. For more details, go HERE.

Home Tips: Low-tech Ways to Green Your Home

Our robot overlords can power down for now. Along with the energy monitoring sensors. And maybe even the in-house recycling machines. As tempting as it is to rely on new technologies to help make our homes more energy-efficient, as well as environmentally responsible, let’s consider the decidedly low-tech and comparatively inexpensive tactics we can take now to turn our humble abodes greener. Here then are five simple ways to tackle energy usage (and the subsequent power bills) without making room for a single geothermal heat pump.

Throw some shade

Whether it’s baking your face on the beach or streaming in through your windows, manage your sunlight exposure. When it’s summer, draw the drapes and snap shut the blinds, especially when nobody is home. (The same logic applies in the winter when adding curtains can ensure heat doesn’t escape.) When you have the sunlight situation under control, caulk the windows and survey for drafts. If you feel one, it’s likely that cracks around the frame are to blame.

Pull the plug

All appliances generate heat, so keep them off until needed. For example, don’t run the dryer or dishwasher until after dark, preferably overnight. And if you want to cook, the grill on your patio or in your yard is preferable to the kitchen stove. (Cooling and heating are responsible for about half of a home’s energy use, followed by the water heater, the washer and dryer, and the lights.) Also, consider pulling the plugs on the notorious, so-called “vampire electronics,” which continue to gobble power even when seemingly switched off. These include everything from laptops and routers to gaming consoles and microwaves too, of course, televisions.

Hang them out to dry

No one is suggesting you break out your great-great-grandma’s washboard and start scrubbing away, but how you clean your clothes contributes greatly to how much power and water your home uses. (The washer and dryer combined account for about 13% of a home’s energy consumption.) Whenever possible, wash your clothes in cold water and hang them to dry, avoiding the dryer altogether. That simple choice can both reduce your bills and bolster the environment. Similarly, try to only wash full loads to maximize water usage.

Plant south-facing tree

This is an obvious one: planting trees can help make your property more environmentally friendly. Just make sure to plant them on the south side. The leafy barrier will keep your home cool during the summer by providing a barrier to direct sunlight. And during the winter, it will let your home’s interior retain warmth. Plus, your landscaping will look better for it.

Repair leaky faucets

It’s the little things that get you. So before you dismiss that drip-drip-drip, consider that the average leaky faucet (about 10 drips per minute) ends up wasting roughly 350 gallons per year. That’s about $20 every month extra on your bill. But multiple cracks in the plumbing can wind up costing several times that. Similarly, a leaking toilet can add about $150 to your monthly water bill. Given this, calling the plumber starts to sound like the cheaper, more appealing option.

Rodeo News: Syd Leibovitch Recognized in Swanepoel Power 200

The 2020 Swanepoel Power 200 list is out and Rodeo Realty’s President, Syd Leibovitch, is once again recognized. Year after year, Syd has been recognized as one of the most powerful people in the residential real estate brokerage industry.

Out of hundreds who were considered, Syd was one of 200 who made it onto the SP200 list.

“The SP200 is based on a great deal of research,” said Stefan Swanepoel, Editor-in-Chief of the Swanepoel Power 200. “We send hundreds of requests for additional information, personally verifying announcements, stats, and actions that took place over the past year.”

The 2020 SP200 ranks Syd Leibovitch at #113 among the 200 recognized.

“Leibovitch founded Rodeo Realty in 1986 and today heads it as one of the nation’s largest brokerages. The company has 12 offices across Los Angeles and Ventura counties with 1,223 agents who do over $4.9 billion in annual sales.” said the SP200.

 

Home Tips: 3 Design Tips To Maximize A Small Space

Looking for ways to get creative with a small space in your home? Low on square footage and just want to find ways to make your space feel big? Don’t worry, we have some solutions for you!

Choose an ideal paint color

Being thoughtful in your paint choices is very important! Traditional colors like white, cream, and light gray are great choices and will instantly give the impression of more space. These colors will provide a clean look and will make your room feel more expansive.

You can also create a visual openness overhead by simply painting the ceiling white. You’ll have a welcoming space in no time!

In addition to the traditional colors, you can also go bold with dark colors. Highlight a small room by making a cozy-like environment with navy, black, and dark gray colors.

Get creative with storage

Small spaces hardly come with great storage. Creating clever storage solutions can help keep clutter out of sight. The kitchen is one place you can get clever with when it comes to storage. Hang wine glasses beneath your cupboards. Keep cleaning supplies out of sight by attaching holders to the backs of cabinet doors. Consider an adjustable cooking area with roll-away islands and pantries.

Consider multitasking furniture

When your floor space is limited, it’s important to choose furniture that have multiple functions. Consider pieces that have hidden storage or that you can store when not in use. For example, if you can’t fit a dresser in your bedroom, try adding crates under the bed for clothing. An ottoman is also a great piece that can easily transition to a bench or even a coffee table. Limited space doesn’t mean you have to sacrifice style. With creative solutions, you can go from a cramped space to an inviting space with room for all.

 

Out & About: Melrose Avenue

Melrose Avenue is one of L.A.’s most famous streets, featuring a medley of dining, entertainment, and shopping destinations. The street begins at Santa Monica Boulevard where the cities of West Hollywood and Beverly Hills meet. Start your day off by shopping at the world-famous boutiques, enjoy lunch at one of the numerous top-ranked eateries and end the night by laughing yourself silly at The Parlor featuring newcomers and famous comedians or enjoy the many art galleries the famous street has to offer!

Gallery 1988 (Art)
Location: 7308 Melrose Ave Los Angeles, CA 90046

Gallery 1988 has continued to host awesome exhibitions focused on pop culture after launching the “iam8bit” art shows. Since opening in 2004, the gallery has mounted solo shows by popular artists like Luke Cheuh, Joe Ledbetter and Mike Mitchell. In 2007 they opened a second location further up Melrose!

 

The Parlor (Comedy)
Location: 7350 Melrose Ave Los Angeles, CA 90046

Booker and producer Jay Davis knows how to put together a solid lineup, often getting his famous buddies to come down for a show but also giving chances to funny unknows on the same stage. If you stop by this upscale bar on a Monday, grab a cocktail sit back and enjoy the show!

 

The Reformation (Shopping)
Location: 8253 Melrose Ave Los Angeles, CA 90048

Designer Yael Afalo takes diamonds in the rough and makes them shine, cutting vintage garb and surplus fabric into modern silhouettes, from cropped blouses to breezy maxi dresses and shorts.

JapanLA (Shopping)
Location:  7320 ½ Melrose Ave. Los Angeles, CA 90046

The cute culture shop on Melrose specializes in Japanese crossover collections. It’s a go-to destination for products from kawaii brands like tokidoki, Sanrio, San-X and Pokémon as well as occasional pop-up collections

Paul Smith Los Angeles
Location: 8221 Melrose Ave. Los Angeles, CA 90046

A “so British” atmosphere is cultivated with old books, wood paneling, and antiques. But most know this outpost for its electric pink exterior, one of the hot spots for instagrammers.

Helmut Lang
Location: 8808 Melrose Avenue. Los Angeles, CA 90069

Shop for modern pieces for men and women, mostly in black, white and cool neutral colors. The Helmut Lang was created by Austrian fashion designer Helmut Lang in 1986. The Helmut Lang brand still exists today without Lang’s involvement since 2005.

Crumbs & Whiskers
Location: 7924 Melrose Ave. Los Angeles, CA 90046

This cat-friendly coffee stop has set up the first permanent operation in the city Founder Kanchan Singh describes the D.C. based café as a place where you can grab a cup of coffee and cuddle with some cats. There is a small catch: you can’t prepare food in the same place as you house animals. So, Crumbs & Whiskers sources its drinks and snacks from the nearby Open Space.

 

Hollywood Improv

Location: 8162 Melrose Blvd. Los Angeles, CA 90046

The flagship Improv on Melrose is one of the most legendary clubs in Los Angeles, as well as all of America. On any given night, walk in to see one of your favorite comics from TV at the bar, the acts are never a letdown! The shows are an exciting mix of independently produced, and experimental with frequent appearances by respected and well-known comedians.

Blue Jam Café
Location: 7371 Melrose Ave. Los Angeles, CA 90046

At Blue Jam Café, your table will be worth the wait with the best eggs benedict in town and delicious mouthwatering French toast. The Melrose location as been open since 2006, its fantastic service adds a neighborhood feel to the chain.

Tatsu Ramen
Location: 7111 Melrose Ave. Los Angeles, CA 90046

Tatsu Ramen brings traditional Japanese ramen to LA. Tatsu means dragon in Japanese and Ryu (the owner) being born in the Year of the Dragon, found the perfect name for his restaurant. Walking into Tatsu is like walking into the future. Rather than waiting in a long line at the counter, smart tables line the interior wall. Each customer places their order from the simple menu, which gives you an option to choose from six different ramen, 3 rice side dishes, pork bums and most recently the ramen burger!

Home Tips: Protect Your Home While Out of Town

Protecting your home while on vacation is just as important as protecting the items you bring with you. This must-read guide will help keep your home safe! To fully enjoy your trip, plan appropriate home security and maintenance with this checklist. Of course, it is impossible to cover all the bases as life is unpredictable, but at least you can leave town knowing you did all that you could.

Get a Home Monitoring System

Home security is absolutely essential and there are many options (varying in cost) to choose from, so make sure you opt for one that fits your home/ needs. Some home security systems allow you to view live video remotely from your phone, so you are able to see what’s happening in real-time. This small investment is well worth your peace of mind!

Leave a key with a friend or family member

While you can put a hold on newspapers and mail (which you should do), you can’t predict when random flyers or forgotten Amazon orders will be left at the front door. By having a trusted friend or family member stop by every day or two, you can avoid unexpected deliveries being left out. This trusted individual can also maintain your normal routines such as watering plants, bringing trash cans to the curb, etc.  Don’t forget to compensate them with love and appreciation for their help!

Install an outdoor sensor light

It’s simple install for those of you who aren’t tech-savvy, and you can pick one up on Amazon for less than $20. Motion-sensor flood lights prove to be useful year-round for general home security whether you’re home or not, and often are equipped with technology to have them turn off and on at certain times of the day.

Disconnect your garage door

It’s no secret that technology can be easily hacked, especially by more experienced or motivated criminals. Garage door openers (depending on what brand they are) can sometimes be opened by universal remotes. Yep, you read that correctly. You must be proactive! Disengage your garage door opener and opt for a manual lock.

Advertise Your security

Having a security system will most definitely deter burglars, so advertise it! Post these stickers near your most obvious and accessible entry points like your front and back door, as well as side doors off your garage. You can even buy a pack of stickers online (Amazon has many options) if you haven’t been able to implement your security system before your next trip.

Use lights to create the illusion that someone’s home

Darkness is another trademark of an empty house — it also allows thieves to sneak in undetected. Nix that vulnerability by leaving a few lights on. Better yet, use motion detector lights to illuminate any intruders, or opt for smart lighting so you can set the lights to a timer and control them remotely.

Don’t broadcast your plans online

One of the most popular green lights for those savvy burglars are social media. Yes, you read that correctly. Avoid posting about your vacation on social media until after you return (make sure your kids avoid doing so as well). By sharing travel plans, you’re advertising that your house will be empty. You can never be completely sure who sees that information, especially if you have many followers or a public profile.

Adjust the thermostat

Adjust the thermostat to prevent the HVAC system from needlessly heating or cooling empty rooms. Programmable smart thermostats make this a lot easier, and you can remotely adjust them to comfortable temperatures for when you get back.

 

Out & About: Places to Give Back This Holiday Season

Family time, presents, bright lights, and plenty of delicious food to go around the table are what we know as the holidays. However, many people are not so fortunate, especially here in Los Angeles where the homelessness crisis has continued to worsen over the last year. From cooking meals to spending time with terminally ill children, to donating baby supplies to parents in need. Your helping hands and most importantly your time and smile are needed to brighten up the holiday season for someone this year!

Midnight Mission

Downtown’s midnight mission offers counseling education, and job placement to the city’s homeless population, as well as food, shelter, personal hygiene, and medical care. For the holidays, the Mission holds special events in addition to regular meal services and food donation drives. Note: Midnight Mission asks that female volunteers come with a companion since this is an all-male facility.

Union Station Homeless Services

San Gabriel Valley’s largest social services agency, offers year-round community meal programs and other services for the area’s homeless population: including emergency shelter, children’s education and recreational activity and adult classes in parenting, nutrition, and money management. Union Station Homeless Services has also hosted Dinner in the Park for over four decades, named the biggest potluck in the nation by the Los Angeles Times: This organization helps give warm holiday meals to more than 7,000 homeless, low income, and senior citizens.

Fred Jordan Mission

The Fred Jordan Mission has provided clothing, blankets, and food to the homeless for more than 50 years. For the holidays, volunteers hand out food bags, toys and blankets, and sing carols!

Food on Foot

Donating gently used clothing, shoes, blankets as well as food! You can sign up to volunteer anytime, and it usually costs $25 (which serves as funds to feed about five people per day).

L.A. Regional Food Bank

Come help distribute food this holiday season with L.A. Regional Food Bank. Volunteers are needed for special events, food sorting, and food drives: including the organization’s yearly Operation Gobble, where volunteers will help inspect, sort and repackage food for delivery during the holiday.

Holidays From the Heart (CHLA)

This program aims to lighten up the holidays for chronically ill children and their families. There are a number of ways you can help, including sponsoring a family or providing bulk gift items (clothing, diapers, making a monetary donation, or serving as a volunteer (shopping for gifts, distributing gifts).

Baby2Baby

This organization works year-round to ensure that no child is without the basic necessities of childhood; accepting donations all year long for items that will benefit children (infants to age 12) including but not limited to car seats, clothing (children’s and maternity), hygiene items (toothpaste, soap, sunscreen), coats, and more.

Crayon Collection

Upcycle gently used crayons, providing children with crayons and saving our landfills. Being a part of Crayon Collection allows families with children of all ages an easy way to volunteer and make a difference.

Brighten the Holidays (Salvation Army)

This program helps families who are experiencing hard times due to unemployment, medical issues, homelessness or other challenges. From generously providing family dinners to donating toys to put under the tree, help the Salvation Army lend a hand with holiday events to those who need it most.