L.A. real estate news and insights.
Founder of Bird Scooters Travis VanderZanden sells his LA mansion at a BIG loss.
Original asking price: $24,995,000
Selling price: $10,775,000 – off market
This home has 6 bed/9 bath, over 10,000 sq. ft. of living space, and is on a 56,832 sq. ft. lot.
Shhhh... here is what Jennifer Lopez's house is going to sell for...
This French Country hideaway has 9 bed/13 bath, 12,817 sq. ft. of living space, and is on 8 acres.
The expansive grounds include a guest house/studio/gym, a 100-seat amphitheater, an entertainment pavilion with a full kitchen, and a private lake with a sandy beach.
Here is the most unique party pad for sale in Bel-Air.
Asking price: $35,680,000
This home has 5 bed/ 5 bath, 4,361 sq. ft. of living space, and is on a 29,757 sq. ft. lot.
El Canto Del Agua features a glass wine cellar, a 20-person home theater, a fitness/wellness gym, and much more.
The backyard has a terraced pool with waterfalls, stepping stones, a conversation fire pit, and an ADU.
This 2 bedroom, 2 bath corner lot home was the cheapest home to sell this week in Sherman Oaks.
The home is 1,554 sq ft has hardwood floors, brick fireplace, and galley kitchen.
Do you think this was a good deal?
☠️Beware the Mello-Roos tax☠️
On this episode, I answer the following 4 real estate questions:
1) I noticed some listings say there is a Mello-Roos tax. What's that?
2) On some real estate websites there are listings that get tagged as a "hot home". How can I get my property to show up as a "hot home"?
3) I'm thinking about selling my condo soon. What are some of the must have's for a buyer?
4) I got a voicemail from someone saying that they want to buy my house for top dollar. Is this a scam?
Have a real estate question you want answered on the show? Email the question to Daniel@ContempoRealtors.com
Would you ever buy a Tudor home?
Here is one of my favorite Tudor homes to sell this week in Glendale, CA.
My favorite Toluca Lake home to sell this week is the iconic #BobHope estate. Asking price $22 Million, sold for $15 Million.
Check out what curbed LA had to say about it...
Well, how about that—a sale has finally gone through on Bob and Dolores Hope’s former estate in Toluca Lake. Concluding a saga that began nearly six years ago, supermarket magnate Ron Burkle has acquired the 5.2-acre property for $15 million. This is the second Hope-related property in Burkle’s real estate portfolio: He picked up the couple’s John Lautner-designed Palm Springs residence for $13 million two years ago. The Burbank estate was first put on the market with an asking price of $27.5 million in 2013, and there it lingered, while sporadically getting price-chops. In 2017, Los Angeles City Councilman David Ryu introduced emergency legislation to have the property declared a historic-cultural monument after a buyer in escrow obtained a demolition permit for outlying buildings. Standing in firm opposition to this was Bob and Dolores’ daughter Linda Hope, who argued that historic designation would devalue the home and narrow the field of prospective buyers. Designation was denied after Ryu’s motion failed to get the ten votes necessary to pass. Burkle is reportedly planning to preserve and restore the main residence, which was originally built in 1939 by architect Robert Finkelhor and expanded into a 15,000 square foot home in the 1950s by Hollywood Regency architect John Elgin Woolf. The rambling property also includes indoor and outdoor pools, formal gardens, a guest house, a three-hole golf course, and a putting green. all proceeds from the sale will go to the Bob & Dolores Hope Foundation, in keeping with a stipulation in Dolores Hope’s will.
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If the buyer is not releasing one of their purchase contingencies, your agent has to send the buyer a notice to perform.
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If the buyer still does not respond to your notice, have your agent send a escrow cancellation form.
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At that point, the buyer either responds or you have to cancel escrow and find another buyer.
In this episode of The #AskDanielLosAngeles Show, I answer the following questions:
1) What are the ways a seller can back out of a deal?
2) What do home designers do?
3) Do I have to tell the person who is buying my home that there is a registered sex offender living in my neighborhood?
4) What kind of info has been made public about my house?
Get more answers to your real estate questions on Facebook: Facebook.com/TheDanielLosAngeles
In order to succeed, we have to look at the listings that failed.
Only 1 out of these 34 expired listings had a marketing video.
If the homeowner had a video for their home, they may have brought more attention to their listing and eventually sell... maybe not... but at least the homeowner could say they tried as hard as possible.
I love learning from other business owners their top marketing techniques. I utilize their strategies and apply it to help me sell real estate faster and for top dollar. This is 1 of 4 great marketing tips @theperkynerd shares with us.
