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Uncategorized Protecting Yourself From Buyers Who Are Bad Actors In this real estate climate characterized by low inventory and substantially fewer transactions, some real estate agents and homebuyers have sought new and questionable ways to generate income by getting a property under contract while concurrently seeking out a buyer to sell the property to at a higher price, thus “double escrow-ing” the property, pocketing the difference […]
Uncategorized Unlocking Hidden Value How we achieved top dollar selling a distressed probate. While speaking with a fiduciary the other day, she raised an interesting question, “Why is it that fixer homes that are too nice to tear down or flip have fallen out of favor?” There are several reasons why fixers are a less attractive purchase to current […]
Uncategorized Ending the Year Strong with a Trust Sale in Little Holmby Consistently exceeding both offered prices and Zillow Zestimate projections, my 30+ years of residential real estate speak volumes. Below is a list of my recently sold listings with which I’ve included the list price, sale price and Zillow’s estimated market value “Zestimate” Sprior to my reporting the sale price.
Uncategorized What’s the Status of the L.A. Residential Real Estate Market? The Data Says it all. This Daily Snapshot chart that I prepared on 11/29/2023 breaks down market activity by neighborhood, and as a summary of the neighborhoods (bottom row). The data columns are as follows (left to right): Active Listings (homes on market), Listings Under Contract (homes with an accepted offer), Pending Listings (homes in escrow with an accepted offer […]
Uncategorized Just Listed by Mickey Kessler and Mary Williams, we are Proud to Present Our New Listing at 11706 Montana Ave. #311. Open Today, Sunday 6/18, 2-5 PM and Tuesday 6/20, 11 AM-2 PM Rarely does a condominium come to the market that “checks all the boxes” like this one! Located barely a block from Whole Foods, this 2 BR rear, corner Penthouse (with only one common wall) features vaulted beamed ceilings, unimpeded views from the city to (and including) the ocean and, a spacious upstairs loft with rooftop […]
Uncategorized The State of Real Estate – May 2023 “Dug-in and not much budging”  At the time of publishing, this residential real estate market is shaping up to be one of the most interesting and unprecedented ones I’ve experienced. Perhaps fallout from the many unprecedented events that have befallen us over the last five years. Whether it is or is not a result of cause and effect, the housing […]
Uncategorized The Selling of 10508 Wilkins Ave. The Selling of 10508 Wilkins Avenue The Wilkins property was built in 1928 and likely designed and constructed by the Jans company, who developed and built out most of this tract (between Santa Monica and Wilshire Blvds.) which Jans had promoted as “Westwood Hills”. At that time Spanish Revival architecture was very popular and when […]
Uncategorized The Heat of the Current Residential Real Estate Market ~ Daily Snapshots, Listings Taken and, Absorption Rates (by area & summary), as of October 1, 2022 Forget about average sale price, mean sale price, price reductions, high sales price, average price per square foot and so on. If you want to really know how hot the market is, the best way to measure the market is using Absorption Rates. (See Chart Below) Absorption Rates Explained An Absorption Rate is a calculation […]
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Uncategorized Q & A: Why I choose to be a Seller-Exclusive Listing Agent As a Seller-Exclusive Listing Agent (S.E.L.A.) I do not personally act as a dual agent in my real estate practice. I believe that separate representation when listing a property for sale is the most ethical form of representation in a real estate transaction. I also believe that acting as a seller-exclusive listing agent enables me to achieve the optimal price and […]

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