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 4^th through Wednesday, October 7^th 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

FFPC Oct 2015 pending

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 20^th Annual Luxury Real Estate Fall Conference that will take place from October 4^th through 7^th, 2015 at the Four Seasons Hotel Seattle. The awards will be presented at the Gala Dinner on Wednesday the 7^th, 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

$8.95 million — Beverly Hills

A 1950s Traditional-style home on a corner lot in the 1200 block of Laurel Way sold for $1 million less than the asking price. Previously, the half-acre property sold in 1979 for $620,000, property records show.

Marketed as a development opportunity, a listing for the property included renderings for a contemporary-style home with a subterranean garage, walls of glass and an infinity-edge pool and spa.

The current home has four bedrooms and 4.5 bathrooms, formal living and dining rooms and a wood-paneled den/office in 4,691 square feet of interiors.

Josh Altman of Douglas Elliman and Joe Babajian of Rodeo Realty were the listing agents. Amir Jawaherian of The Agency repped the buyer.

Article courtesy of the LA Times

Josh Flagg.

When it comes to LA’s real estate scene, Josh Flagg is at the top of his game—literally. The Million Dollar Listing Los Angeles star, who’s the only original cast member and the youngest, has more than $100 million in sales under his belt, and that’s just for 2015. Real estate, however, is just one of his many interests. Flagg’s other favorites include fashion, collecting cars and art, traveling, and living in hotels.

To celebrate the show’s recent season eight premiere, we asked Flagg 25 quick questions to get to know him a little better. Find out why he wants to moonlight as the President of the United States, what super power he wishes he had, and much more.

1. What’s the best thing about being a real estate agent? Seeing how differently every single person lives.

2. What’s the hottest thing in LA real estate right now? Trousdale.

3. What makes a property great? Location!

4. What’s your favorite way to celebrate a sale? Staying at home and eating Chinese food.

5. Describe season eight of Million Dollar Listings Los Angeles in three words. Drama, drama, drama.

6. What has been your proudest career moment? Selling a home twice in two months for $15 million and $16 million. I just did this again with another house for $6.25 million and $7.25 million within 29 days.

7. What’s your best piece of real estate advice? A house is a diminishing asset. The land is what appreciates in value. Only buy the worst house on the best lot in the best neighborhood. Create your own value.

8. Penthouse or mansion? Penthouse. My grandmother had, and now I have the best one in the city.

9. What was the most surprising thing about living in a hotel? Nothing. I have done this three times and never regretted it once.

10. What’s the best thing about living at the Four Seasons Beverly Hills? The beds.

11. What car do you hope to add to your collection next? 1960 Rolls-Royce Silver Cloud II Drophead.

12. If you could switch closets with anyone, who would it be? Chris Benz.

13. What are the three things in your closet you can’t live without? White collared shirts,Stubbs & Wootton shoes, and Saint Laurent leather jackets.

14. What was your most recent splurge? A 1995 Rolls-Royce Corniche IV convertible, said to be the finest corniche still in existence.

15. What’s the best advice your grandmother, fashion designer Edith Flagg, ever gave you? To always have clean fingernails.

16. What’s the best place you’ve traveled to? Antibes in the South of France at Hôtel du Cap-Eden-Roc.

17. Where do you hope to travel to next? Back to Antibes in the South of France at Hôtel du Cap-Eden-Roc.

18. What’s best souvenir you’ve ever bought? A bed belonging to Napoleon and a bunch of items from the Titanic.

19. What’s one thing not a lot of people know about you? I get scared being alone.

20. What superpower do you wish you had and why? I wish I knew what everyone was thinking at all times.

21. If you could moonlight as another profession, what would it be? President of the United States. Why not? Everyone else is trying.

22. What’s the best thing that’s happened to you this year? Becoming the number one agent on the Westside in volume and the number two agent in sales.

23. What’s your favorite LA activity? Going out to dinner every night.

24. Who is your favorite artist? Alexander Calder.

25. What’s your secret to buying art? Patience.

Article Courtesy of Los Angeles Confidential

Below is the Westside Market Report for August 2015 detailing local real estate market statistics and including year-over-year data: