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We invite all Real Estate Professionals to share their knowledge with prospect home buyers and home sellers. We hope, this will help clients to understand the home buying and selling process, home inspections, appraisal, and etc. That will help our community to make the best decision before engaging in any real estate transaction. If you are a real estate professional and you would like to share your knowledge, feel free to create anccount here for free!

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Why is your house still on the market unsold?

Posted by Peter Karami on October 19, 2014 at 11:55 PM Comments comments (0)

A client had asked to show her a townhouse in Bel Air area, a high end neighborhood in Los Angeles, which I did. She and her husband and I loved the location, the house and etc. Then, they asked me to write an offer and submit the offer to the seller, which I did. The offer submitted was from three people, the wife, her husband and their business partner.

 

After I submitted their offer, proof of down payment (fund) and their Loan Pre-approval to the Realtor representing the ...

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Not all online reviews are Trustworthy

Posted by Peter Karami on October 18, 2014 at 2:50 AM Comments comments (0)

Not long ago, online shoppers would search a business profile on BBB.org (Better Business Bureau) before purchase an item to find more information about any company. Nowadays, there are Yelp, Amazon, ebay, Zillow, Trulia, Redfin and many more similar web sites where average consumer can turn into, and read and write feedbacks about services provided or products purchased by any specific business. How truthful those reviews are, only the Higher-Power knows!

 

It is clearly not...

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Condominium for Sale | Winnetka, CA

Posted by Peter Karami on October 17, 2014 at 1:50 PM Comments comments (0)

Two Bedrooms, Two Baths and Two Parking spots. LOCATED in a Resort Style COMPLEX. FEATURES INCLUDE Large Living Room, Dinning Area, Nice Size Kitchen, COMMUNITY OFFERS POOL, SPA, RECREATION area which is great for gatherings and BBQ Parties - Neat and LUSH GROUNDS, This Property is PRICED RIGHT for and IMMEDIATE SALE. Gas, earthquake insurance included in the monthly Home Owners Association fee.

20134 Leadwell Street #311, Winnetka, CA 91306

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How to Sell a small and tiny House

Posted by Peter Karami on October 13, 2014 at 3:50 AM Comments comments (0)

There are many ways to handel a sale of a small house. Basically, when a Realtor forsees the sale, S/he may advise the seller the implimcations of several steps to achive a sucessful sale. Though, these steps are not the only ones, they are very essential in many cases.

 

A) Space-Saving Features Are Key in a Tiny House

B) Utilize Outdoor Space

C) Highlight Energy-Saving Perks

D) For Tiny House Staging, Keep It Simple

 

Again these are not t...

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Rental properties may not the best investment

Posted by Peter Karami on October 13, 2014 at 3:40 AM Comments comments (0)

When it comes to the property management profession, any experience property manager knows that the most crucial aspect of the managing a property are: 1) keeping the property occupied at all time 2) Collecting rent on-time every month 3) Making sure the tenant is satisfied and living in a property that is habitable 4) all safety issues and trapping hazards must become known to manger and properly fixed.

 

Whether a property is a single family house, condominium or a multi r...

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Importance of Negotiating skills for your Realtor

Posted by Nataliya Romanenko on October 10, 2014 at 3:20 AM Comments comments (0)

When it comes to negotiation, not all Realtors are good at it. Sometimes lack of experience and expertise is standing on the way of making the best deal possible for the client they represent. In negotiatings, one has to be able to put personal ego off the table and look at what is at stake, and how she/he can represent their clients interest in a way that client is satisfied and happy with outcome of transaction. Many Realtors are very aggressive and this is not always the best practice and...

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Seller's iPhone 6 House Swap Tactic Pays Off

Posted by Peter Karami on October 9, 2014 at 4:15 PM Comments comments (0)

Andreas Gindelhuber reportedly sold his house, and may soon get his iPhone 6 too. The man recently grabbed national – and international – headlines when he made an unusual addition to his listing ad for his two-story, three-bedroom Detroit home: He said he’d be willing to exchange the home for an iPhone 6.

Larry Else, the local agent hired to help Gindelhuber sell his investment property, told reporters that he asked Gindelhuber if he was serious about the offer. If he...

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New York investors are looking to Downtown Los Angdeles

Posted by Nataliya Romanenko on October 6, 2014 at 2:10 PM Comments comments (0)

Investors from China and Korea are not the only ones who are looking to expand their Real Estate investment portfolio. Investors from New York also are looking to take over the Commercial properties and Historical buildings in Downtown Los Angeles. No joke, they are mostly interested in commercial and historical buildings because of the wonderful financial return those investments can provide in a long term. Developers are also looking to invest in that area and in the near future many more ...

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Why would you need a Real Estate Agent to sell your home?

Posted by Peter Karami on October 6, 2014 at 12:00 AM Comments comments (0)

Many times I've heard Realtors are talking about how difficult is to list a FSBO (For Sale By Owner) houses. Why? Because most of FSBO seller's either they think, they don't need a real estate agent to sell their home or they know indeed they can sell their own home. Now let's see what are the differences between those two. Well, it's very simple! Probably at least once in a life time, it has occurred to everyone that sometimes we ca...

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Maybe the Real Estate Lead Generator Websites make more Money than Realtors these days!

Posted by Peter Karami on October 4, 2014 at 3:35 AM Comments comments (0)

It is not surprising to me as a Real Estate Broker to see the lead generator companies are making more money than Realtors.

This is because I actively practice Real Estate, and I receive many phone calls everyday from companies like Zillow and Trulia requesting to either purchase advertising or renew my current advertisings. You should know, if you don't, that the money these companies are charging is significant and it can be from $50 per month to $5000 depends on Realtor's financial a...

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Southern California median house prices hit post-recession high

Posted by Peter Karami on October 4, 2014 at 3:25 AM Comments comments (0)

Sales were few but prices were high. That’s the message CoreLogic DataQuick provided about the Southern California housing market Thursday.

While activity hit a four-year low for the month of August, the median home price hit a post-recession high, according to the housing market tracker.

The region’s market continues to face a triple whammy, according to the company, of limited inventory, decreasing affordability and investor activity which was at its lowest level in ...

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Beverly Hills Studio for RENT

Posted by Peter Karami on October 3, 2014 at 6:55 PM Comments comments (4)

A vacancy coming up in Beverly Hills. Soon, we will have a studio for rent in the quite small building in Beverly Hills located at 240 South Reeves Drive, Beverly Hills CA 90211

This specious unit features full kitchen with stove, refrigerator and double sink. This is a two story building and the unit located in the first floor. The kitchen is a good size (reasonable for the unit size) and apartment is light and bright.

The monthly rent has not been set yet but we will announce th...

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My personal experience with distressed market!

Posted by Peter Karami on October 3, 2014 at 5:50 PM Comments comments (0)

I remember back in the years 2007 to 2009 so many properties going up on the MLS as short sale and then after a few months or one year they were relisted as foreclosures. At that time, there were a few Real Estate Agents who had become experts in selling foreclosures and REO (Real Estate Owned by Bank) homes in the Los Angeles market.

I remember that I was driving around and showing properties that all have been listed with one Realtor. Soon after that in the years 2010 to 2011 especial...

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The RPA (Residential Purchase Agreement) is going to be modified...

Posted by Peter Karami on September 16, 2014 at 9:20 PM Comments comments (0)

According to California Real Estate magazine, issued September 2015, the RPA will be revised. This is a good news for many Real Estate Agents. Finally, the CAR (California Association of Realtors) has taken the step to revise the residential purchase agreement provided on Zipforms. The current RPA was adapted in 1955 and since that time there are so many changes in the industry therefore it seemed missing some necessary terms and having some unnecessary terms. In my opinion, most terms on the...

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Enjoy the Summer and keep your Pets cool

Posted by Peter Karami on August 8, 2014 at 2:05 PM Comments comments (0)

I received this from our title rep. Chritine from Chicago Title and I thought, it will be usefull to our website readers.

As the weather kicks it up a notch, the natural tendency can be to get everyone up and out of the house, pets included. While spending more time outdoors can be a great source of exercise and fun for all involved, it's essential to be wary of heat exhaustion in your animals.

 

 

Follow these tips for keeping your pet cool this summer:

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Home prices on the rise.

Posted by Nataliya Romanenko on June 22, 2014 at 2:40 AM Comments comments (0)

Economic recovery is playing a huge role in the Real Estate market and prices of homes are still climbing up, giving home owners hope to cash out on their investment with a positive return. Home buyers are trying to buy property as fast as they can. So, they can also grow their money during this jump in prices on Real Estate, but is this another " buble" roling on us? "The return of the bubble? Thanks to the economic recovery, the Westside tech boom, the end of the foreclosure wave and the re...

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Hiring a professional Property manager is one of the most important steps in owning an investment property.

Posted by Nataliya Romanenko on June 4, 2014 at 2:40 PM Comments comments (0)

We all know how important is to be clever about the ways we can creat a good investement. Owning and Investment properties can bring you joy and headache both on a case by case base. So, let's talk about doing property management and if you should do it yourself or hire a professional to do it for you.

It is believed that hiring a professional property management company may be a smart move one can make if own investment properties. One important factor is that property managment compa...

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Save for Retirement with Real Estate Investments

Posted by Nataliya Romanenko on May 27, 2014 at 4:40 PM Comments comments (0)

Are you saving for retirement? Here is an Idea! If you do your homework, you will quickly understand, that investing in Real Estate will give you better return on your money. Find out what you can do now and how you can plan your financial future by contacting your trusted Real Estate Broker, who has been in this business for at least a decade. They have seen Real Estate market fluctuation and can be your guide to your financial freedom.

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Do not let multiple offers discourage you

Posted by Nataliya Romanenko on May 22, 2014 at 1:35 PM Comments comments (0)

As a first time homebuyer or a multiple times Real Estate Investor, you might find yourself in a situation, when your offer for a house is not as strong as you expected. Multiple offers are something that is on the mind of every Real Estate Agent. In addition, multiple offers are wonderful news for any home seller, but can become a nightmare for the homebuyer. Moreover, usually investors often submit cash offers and they do not hesitate to increase their offer if there is a room for increase....

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Is it important to hire a REAL ESTATE BROKER even if you found a home for sale online?

Posted by Peter Karami on May 21, 2014 at 3:05 AM Comments comments (0)

This is a million dollar question. So, let’s start from the beginning. An individual who has been approved for a loan usually starts by looking for a home that will match the budget and mach the buyer’s criteria. Note that the start up may become an ordeal if the buyer does not have enough information about the current market condition. Therefore, the first step usually is to start looking for a Realtor. This can be done by a referral from family or a friend who makes the prospect...

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