LA Times features Rodeo Realty’s Beverly Hills agent Josh Flagg

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(Kirk McKoy / Los Angeles Times)

Josh Flagg says his favorite room is the formal living room in his parents’ Beverly Hills home.

The Rodeo Realty agent and star of Bravo’s “Million Dollar Listing” was featured in the Los Angeles Times this week. The article, My Favorite Room: Josh Flagg, includes a photograph of Flagg with his parents, Michael and Cindy.

Flagg describes his favorite room, which according to him, is filled with “beautiful Scalamandre and Oscar de la Renta fabrics”.

“If I want to admire a beautiful room with gorgeous artwork and beautiful space, I sit in the living room,” Flagg tells the LA Times.

The real estate agent talks about how he helped redesign his parents’ home.

“The front gates are a replica of an estate I love in Holmby Hills that’s a Paul Williams house: Joe Roth’s house on Mapleton Drive,” said Flagg.

Flagg also tells the newspaper how “Million Dollar Listing” has affected his career and also gives details on the property he’s dying to sell.

To read the entire LA Times article on Flagg, click HERE

Rodeo Realty takes part in Haute Residence annual LA Luxury Real Estate Summit

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On Wednesday, March 16, Haute Residence hosted its third annual Los Angeles Luxury Real Estate Summit in the Kensington Ballroom at The London West Hollywood. The yearly event gives many the opportunity to learn and network from LA’s top real estate agents, brokers and developers.

This year’s selected lineup of expert panelists included President of Rodeo Realty Syd Leibovitch and Rodeo Realty Beverly Hills agent Ben Bacal. The biggest names in luxury real estate discussed what’s next for California’s real estate market.

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The summit, held from 10 a.m. – 4 p.m., featured three panels; “Power Women”, “SoCal Power Brokers” and “$100 Million Club”.

Leibovitch spoke on several topics including effective marketing techniques, qualities he looks for when recruiting new agents and the future of the real estate market. He was part of this year’s “SoCal Power Brokers” panel, which also included Stephen Kotler, Myra Nourmand, Kurt Rappaport, Stan Richman, Frank Symons and Billy Rose.

The event concluded with the “$100 Million Club” panel. Bacal and several other expert panelists spoke on the current state and trends of luxury real estate in Los Angeles. This year’s “$100 Million Club” panel also included Josh Altman, Matt Altman, Aaron Kirman, Joyce Rey, Randy Solakian, and Branden Williams and Rayni Romito Williams.

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Rodeo Realty Calabasas agent Randi Feilich appears in KCET’s “SoCal Connected” segment

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Rodeo Realty’s Randi Feilich isn’t just a real estate agent—she’s also a spokesperson for Project Coyote, a non-profit wildlife advocacy group.

Feilich recently appeared in KCET’S weekly award-winning news series “SoCal Connected”. The prime time newsmagazine covers in-depth stories on the environment, economy, health and other substantive topics such as the growing awareness and concern about coyotes in Southern California.

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Feilich was interviewed for a segment entitled “Coyotes: Kill Them or Coexist?” Reporter Derrick Shore spoke with the coyote advocate about the coexistence between people and wildlife.

“Wildlife has a presence here, everybody has a role,” said Feilich. “Coyotes are very vital to our ecosystem, they keep everything in check, the rodents, squirrels, the rats. If we didn’t have that our whole ecosystem would be off balance.”

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She also gave a few tips on how to discourage coyotes from coming near humans. The story also included interviews with a National Park Service ranger and pet owners.

To read the article on the episode, click HERE

Rodeo Realty agent Ben Bacal in Realtor.com for kid-centric property video

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Rodeo Realty agent Ben Bacal has kicked off the week by being featured on Realtor.com.

The website is calling his latest property video “‘Ferris Bueller’ Meets ‘House Party’”.

“If Ferris Bueller had been a billionaire and just a bit younger, the classic flick of kids skipping school for the day might have resembled this well-produced video,” said Realtor.com writer Claudine Zap.

Bacal is being highlighted for the well-produced short film he created for this week’s most expensive new listing, 864 Stradella Road.

To read the entire Realtor.com article, click HERE

Economic update for the week ending March 12, 2016

Stocks higher for the fourth straight week – Stock markets are now only slightly down for the year. They have made up the large losses suffered in Janurary and early February. The S&P, for example, is up 11% from its two year low on February 11. This four-week rally has been fueled by better economic data and rising oil prices. Oil prices have risen 47% from their low point just one month ago when U.S. crude oil hit a 13 year low of $26.21 a barrel. Oil prices and stocks have moved in the same direction every week. While low oil prices have hurt many parts of the global and local economy, consumers are benefiting. As gasoline prices rise at the pump it will be interesting to see what happens with retail sales which have been extremely strong, and auto sales that are at all time record highs. These two sectors of consumer spending have been bolstered by low gasoline prices which have given consumers more disposable income. The dollar which has been extremely strong has weakened a bit over the last few weeks. That’s a good sign for manufacturer’s outlook on exports, as a weaker dollar makes U.S. goods less expensive to foreign currencies. The dollar is still quite strong, but off its highs. The Dow Jones Industrial Average closed the week at 17,213.31, up from 17,006.77 last week. The S&P 500 closed the week at 2,022.19, up from 1,999.99 last week. The NASDAQ closed Friday at 4,748.47, up from 4,717.03 last week.

Bond yields higher – Bond yields have inched up over the last few weeks. The 10 year U.S. Treasury bond closed Friday yielding 1.98%, up from 1.88% last week. The 30 year U.S. Treasury bond closed Friday yielding 2.75%, up from 2.70% last week. Mortgage rates follow bond yields so we watch bonds carefully.

Mortgage rates up slightly for second week -The Freddie Mac Primary Mortgage Survey showed that average rates on March 10, 2016 were as follows: The 30 year fixed average rate was 3.68%. The 15 year fixed average rate was 2.96%. The 5/1 ARM average was was 2.92%.

We should start getting February home sales data next week. Stay tuned!

Have a great weekend,

Syd

Five Star Professional recognizes three Rodeo Realty agents

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Rodeo Realty agents, Violetta Hargitay (Pacific Palisades), Betty Galvan (Northridge) and Debra Moseley (Studio City) have been recognized for their professional excellence and exceptional client satisfaction.

Five Star Professional recognized the three agents as Five Star Real Estate Agents for 2016. For the 4th year in a row, Rodeo Realty’s Pacific Palisades agent Hargitay has received the recognition.

The research team partnered with Los Angeles magazine to identify real estate, mortgage and insurance professionals in the Los Angeles area who deliver outstanding service.

The Five Star Real Estate Agent award program is the largest and most widely published real estate agent award program in North America. Agents are measured using an objective, in-depth research methodology with significant focus on customer feedback and overall satisfaction.

The research methodology allows no more than 7 percent of professionals in each category to receive the award.

The 2016 Five Star Real Estate Agents, Mortgage Professionals and Home/Auto Insurance Professionals do not pay a fee to be included in the research or the final list.

Rodeo Realty Beverly Hills agent Ben Bacal lists $48.5 million home

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Faking sickness to stay home: Two children pretend to be sick just to enjoy the best views in Bel-Air. That’s the latest creative real estate video by Rodeo Realty agent Ben Bacal.

Bacal presents his newest listing, 824 Stradella, with a 2:42 minute video. The short film displays every appealing feature of the seven bedroom, 12 bathroom modern masterpiece.

https://www.youtube.com/watch?v=a__ORnjx1qo

Faking sickness to stay home: Two children pretend to be sick just to enjoy the best views in Bel-Air. That’s the latest creative real estate video by Rodeo Realty agent Ben Bacal.

Bacal presents his newest listing, 824 Stradella, with a 2:42 minute video. The short film displays every appealing feature of the seven bedroom, 12 bathroom modern masterpiece.

The children in the video highlight the home with their day off adventures and show what the homeowner’s lifestyle will entail once they move in: an infinity pool, a cozy home theatre, a wet bar and a state-of-the-art 15-car garage with spinning turntable. One look at this breathtaking contemporary home–and you’ll be asking yourself, “Who wouldn’t want to take the day off to enjoy this home?”

The contemporary home was designed by renowned architect Paul McClean. The breathtaking open floor design is the true pinnacle of McClean’s style.

864 Stradella Road is listed at $48,500,000. For more information on the property and to view the video, click HERE

Disclaimer: Children did not miss school for the making of the video. 

Rodeo Realty agents take part in annual Home Run for Kids

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On Sunday, March 6, Brentwood agents of Rodeo Realty participated in the 4th Annual Home Run For Kids.

The 5K/10K, hosted by Upward Bound House, is a Brentwood community fundraiser in West Los Angeles.

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By taking part in the event, Rodeo Realty helped raise money for housing and services for homeless children and their families.

The 2016 Home Run for Kids had more than 1,200 people in attendance.

Nicole Nash's listing featured in LA Times

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A listing for Rodeo Realty agent Nicole Nash is featured in the Los Angeles Times Hot Property.

The West Hollywood home is one of this week’s Home of the Day. The bright contemporary located at 1236 Greenacre Avenue once belonged to Bangles guitarist Michael Steele.

The gated sanctuary is equipped with an 8-zone Elan g! entertainment and control system which allows you to stream music inside and out with a mobile device.

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LA Times

Other home features include French doors, an open-plan kitchen with center island and Italian porcelain floors.

For more info on the featured property, view the LA Times article HERE

West Hollywood Lifestyle hits the road with Josh Flagg

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West Hollywood Lifestyle/Photography By Jim Jordan

Rodeo Realty’s Josh Flagg is covering the 2016 spring issue of West Hollywood Lifestyle magazine.

Writer Lindzi Scharf met with the star of Bravo’s Million Dollar Listing to discuss real estate. She mentions meeting Flagg outside the Four Seasons Hotel off Doheny, where he currently resides.

“I just can’t seem to stay in a house,” Flagg tells Scharf. “I keep buying houses, and people keep offering me more money for them — right after I buy them.”

The two pull out of the hotel’s driveway in a  Rolls-Royce 1960 Silver Cloud Convertible.

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West Hollywood Lifestyle/Photography By Jim Jordan

“My grandmother used to drive Rolls-Royces, and I guess that’s what got me into them,” Flagg tells Scharf. “New cars, you buy them, and they go down in value the minute you take them off the lot. An old classic car only goes up — granted, you’ve probably spent more money just maintaining the car over the time, but at the end of the day, these cars are incredible investments.”

Flagg hits the road and starts talking cars — the article states he reportedly owns a fleet of Rolls-Royces.

“I’d rather not say how many, but quite a few,” said Flagg.

For more on West Hollywood Lifestyle’s Hitting the Road with Million Dollar Listing’s Josh Flagg, click HERE