Beverly Hills, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Knock, knock: who is there? It’s Sean Black and Jamie Glenn and Karan Sakhuja.  Do these names ring a bell to you? Well if you are a Realtor or a Real Estate Practitioner it should. If you are one of the big boys like the Z’s of this world you should be shaking in your booths. How much did Z pay for T in their acquisition?  Well let me answer it here so you do not need to search for it, Z paid $3.5 Billion to eliminate the competition and the year was 2014.In 2015 Sean Black and company created Knock, I found it funny and ironic in the selection of the name. Play on words? Taunting the big Z and the rest of the Real Estate Platforms? Well if you did not know it Sean Black and Jamie Glenn were cofounders of T and they were a strong competitor of Z until the big Z bought them out.If you g...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Who needs Community Guidelines on Active Rain?Having been on this platform for over ten years, I admitted to everyone in 2014, on the first Challenge when we were asked to write about the “Community Guidelines” that it was the first time I read it. Since, then I have participated in the Challenge sponsored by our friend Lynn B. Friedman   and needless to say not much has changed in my position about the Guidelines.As far as I am concerned: I am not a fan of being micro managed, nor operating in a very restrictive environment. I guess it was my upbringing, my father was a disciplinarian, I lived the first ten years of my life in a Communist Country with many restrictive rules.Then I experienced freedom living in Austria and then ultimately in the United States when we legally immigrated ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
I recall joining Active Rain around 2007/2008-time frame. The platform was quite different than it is now. The founders had wonderful ideas for this platform, and they created and published their perspective i.e.: View of the World. They named this document the ‘Weltanschauung’. Very few people read the Guidelines, we were flying by the seat of our pants and most of us applied the “golden rule”. OK, there were a few offenders who did  not follow the same rule.Never the less there were the “old timers” who stepped in and ‘smacked’ the offending parties. There used to be a Community Manager. He was replaced by a second one, who was very active on the platform. We got to know him well. We had the opportunity to interact with him and we learned how to play on the platform. If we had a quest...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Motivation Monday! January 14, 2019! Really it is 2019!!!!Your true success in life begins only when you make the commitment to become excellent at what you do. — Brian TracyHow are your New Year’s resolutions holding up? I always smile at many people who have been bending my ears, last month as well as in the beginning of the year about all their Plans, Goals and New Year’s Resolution. Just in case they are interested, tomorrow will be half way through the month of January. Some people keep telling themselves that the New Year has not “Officially “started yet😊!They are the ones who have either not started on their Goals and Resolutions or they are the ones who already broke them. Which category do you fall into? Are you one of those, who keep saying, that you just need a little more ti...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Speechless Sundays: Is this a Pet Friendly Kitchen? Here is a totally remodeled "almost finished Kitchen Remodel Project" Please check it out and let us know if this is a Pet Friendly Kichen in your comments?   Please look close and let me know!   If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Lou Nanquil, The Best Independent Transaction Coordinator on the West Side of Los Angeles, CA !!!!I have been a greater Los Angeles Realtor for 22+ years in the local market. When I started out, I did not have a Transaction Coordinator. Keep in mind we did not have as many Disclosures that required signatures and initials from all the Principals,  as well as Seller’s and Buyer’s Agents.As the years went by, I was averaging 10-12 listings, clearly my sales have increased proportionately  as well. Then to boot the California Disclosure Documents increased in a transaction as well.The need for a Transaction Coordinator became a necessity rather than a luxury. Hence over the years I had a couple different ones. They did help a little, and the  benefit I reaped out of using their services wa...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Breaking News: The United Van  Lines National Movers Study has been published. As a Beverly Hills Realtor and a Relocation Specialist, I look forward to this report with anticipation as well as hope and trepidation. "The data collected by United Van Lines aligns with longer-term migration patterns to southern and western states, trends driven by factors like job growth, lower costs of living, state budgetary challenges and more temperate climates," says Michael Stoll, economist and professor in the Department of Public Policy at the University of California, Los Angeles. CaliforniaTotal Inbound: 45.6%Total Outbound: 54.4%IncomeINBOUND                                   OUTBOUND  3.25%          $0       to     $49,9998.    19%8.60%     $50,000 to $74,999               12.38%14.77%    $75,...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
  Comparing the 130th Tournament of Rose’s Parade’s finish and a Real Estate Transaction...First you might ask how did the Rose Parade’s Finish, remind me of a Real Estate Transaction? Well, allow me to digress a bit.“Proper Planning Prevents  P… Poor Performance”, has been pounded in my brain when I was in a Cadet at USMA and it continued to be reinforced in Ranger School and my entire time in the military. This concept of proper planning has stayed with me all my life. From planning vacations or handling special or ordinary assignments at work, the concept empowered me to prepare for any situation . I was always prepared for different scenarios, options and potential challenges that might need overcoming. Just like when I used to play chess and planned six or eight options with every ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Here we are finishing the second day of 2019, hence I thought I would share some words by Ralph Waldo Emerson to get the year off in the right direction. If you are not familiar with him, I hope this  post will inspire you  to read  more from him. “The only person you are destined to become is the person you decide to be” “Write it on your heart that every day is the best day in the year” “Once you make a decision, the universe conspires to make it happen”“Life is a journey, not a destination” Then in closing let me also share a few words by Henry Wadsworth  Longfellow:“…Lives of great men all remind us we can make our lives sublime, and departing, leave behind us footprints on the sands of time….”“We judge ourselves by what we feel capable of doing, while others judge us by what we hav...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Beverly Hills P.O. Land Activity Report for 2018 by Endre Barath,Jr. I am confident if I did not write this post many of my clients and readers would be wondering where this Year End Report is! So with  that said let's look at the Activity. Listing Status Status Count Active 23 Pending 1 Sold 7 Total 31 Statistical Summary Statistic Bedrooms Bathrooms Square Feet List Price Sold Price DOM Minimum 0 0.00 0 $99,000 $169,000 11 Average 0 0.00 0 $42,286,641 $2,657,637 168 Median 0 0.00 0 $2,600,000 $525,000 143 Maximum 0 0.00 0 $1,000,000,000 $14,000,000 715 Total Volume       $1,310,885,882 $18,603,460   The Active Land Listings are from the Low End of $99,000.00 to the  Ultra High End of $1 Billion Dollars. Clearly these numbers are eye openers!       DOM and Average % of List Price r...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
I would be remiss if I did not provide The Beverly Hills Post Office's Single Family Real Estate Market Review for 2018.  Just as the Beverly Hills statistics were very telling so are the Statistics for BHPO. Today is 12/30/2018 hence it is a great time to reflect and look at the actual transactions for the Beverly Hills Post Office Single Family Activity Statistics for the past twelve months. Listing Status Status Count Active 103 Active-Contract 5 Hold 3 Pending 4 Sold 151 Total 266 Statistical Summary Statistic Bedrooms Bathrooms Square Feet List Price Sold Price DOM Minimum 0 0.00 0 $799,000 $1,025,000 0 Average 4 5.25 4,567 $8,376,729 $3,766,354 100 Median 4 4.00 3,387 $3,444,500 $2,651,000 73 Maximum 20 24.00 38,000 $165,000,000 $32,000,000 893 Total Volume       $2,228,210,008 $5...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Single Family Real Estate Market Review for 2018 in Beverly Hills is very telling. Today is 12/30/2018 hence it is a great time to reflect and look at the actual transactions for the Beverly Hills Proper Single Family Activity Statistics for the past twelve months.  Listing Status Status Count Active 89 Active-Contract 8 Hold 3 Pending 5 Sold 118 Total 223 Statistical Summary Statistic Bedrooms Bathrooms Square Feet List Price Sold Price DOM Minimum 0 0.00 0 $310,000 $1,780,000 0 Average 5 5.75 5,247 $10,602,629 $7,203,539 89 Median 4 5.00 4,495 $7,495,000 $5,941,250 65 Maximum 19 29.00 20,829 $135,000,000 $27,625,000 511 Total Volume       $2,364,386,396 $850,017,675     DOM and Average % of List Price received on Solds Statistics Statistic 0-30 Days 31-60 Days 61-90 Days 91-120 Da...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Have you heard of “The Mozartkugeln  Controversy”? (English translation Mozart Balls)I must confess, I did some research recently and that is how I found out about it. Now you might ask why  this Beverly Hills Realtor and Chocoholic would start a research about Mozartkugel-s? Well, for Christmas, Diane surprised me with a container of Mozartkugeln. I was very excited since it has been quite a few years, since I last had them.I inhaled the first Mozart Ball and it tasted differently then what I was accustomed to. I did not want to say anything, so I tried a second one. Keep in mind, this small, round sugar confection is made of pistachio marzipan and nougat and is covered with dark chocolate.The history of this delicious Chocolate goes back to around the 1890’s when an Austrian confectio...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Hard to believe 2018 is almost in the history books. This year, there has been a great deal of turmoil on the Global as well as on the  Local Economic Fronts. Consumer Confidence has been at an all-time high and the unemployment rate has been the lowest since the 1960’s. One would think all is well, since the US economy has  been expanding 2.2% in the 1st Qtr., 4.2% in the 2nd Qtr. and now to a solid 3.4% annual rate in the 3rd Qtr., and the 4th Qtr. is being anticipated to a moderate 2.2 %.The GDP growth is projected to  be above 3% which would be the best showing since 2005.I have always subscribed to the theory “If it is not broken do not fix it”, well clearly the Fed does not subscribe to the same theory. This year they have raised the rates for the fourth time. WHY??In turn this ha...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Have you had Gingerbread Cookies? A European tradition or addiction?Well I admit it I am a Gingerbread Cookie Addict. I look forward every year when Trader Joe’s brings the two types of Gingerbread Cookies, one that are covered with dark chocolate and the other with the glazed sugar. I have introduced Diane to it many years ago and she looks forward to it as much as I do.Gingerbread cookies are  around  all year in Hungary, I remember eating them at every function you can imagine, weddings, birthdays, Easter and of course at Christmas. Most of the cookies were a piece of art and you almost did not want to ruin it by eating it. Never the less once you tasted them your concept of preserving the art work went out the window.Now with that said Austria and Germany  have them all year around ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Many people think Harvard University is in Boston, MA. the actuality is Harvard University is in Cambridge MA. the Charles River Separates Cambridge from Boston. Locals just shake their heads when they hear tourists make this mistake and graciously correct the visitors. If you ever visit Boston, MA make sure you put Harvard Square on your must visit destination.This past November when we were in Boston we were on our way to visit Diane's Cousins. No we did not rent a car, worst thing to do is to rent a car if you are visiting Boston. My advice is to take the "T" as it is affectionately called in Boston and vicinity. For the tourist it is another word for the "Subway", but no one calls it that in Boston and vicinity.So with that said if you want to go to Harvard Square, make sure you tak...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The 119th Meeting of USMA and USNA it is not too late to make predictions! With that said BEAT NAVY!!!!I am a bit shocked how nice the Philadelphia weather is today, have been there many times when there was a blizzard.This is a Rivalry: This is Army / Navy America's Game  GO ARMY BEAT NAVY!!!!!Now, if you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properti...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
One of our Active Rain friends Carol Williams  is sponsoring a challenge and she raised the question: What Inspires you?I have read numerous Philosophers  in my lifetime and their  various messages resonated with me. Having also spent time in the military and  specifically in the Infantry as an Airborne Ranger, I have been motivated externally by the various teachers  to whom I have been exposed to. It allowed me to develop or should I say improve my “internal motivation” as well. When I transitioned into sales, I was exposed  to numerous motivation gurus and their messages have also helped me in my forward momentum. I could write a book about the various messages, but that is not the purpose of this post. “Be fearless in your pursuit of what sets your soul on fire” this is such a simpl...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
I am so thankful for being a Realtor in Beverly Hills, CA words can hardly describe it. Who would have thought that an Airborne Ranger Infantry Captain would one day become a Beverly Hills, CA. Realtor? Interesting how life takes twists and turns.  More  so, it is difficult at times to see and understand, that when the opportunity is  there, we make decisions which ultimately change our lives and our directions forever.Twenty-two years later in the local market, all I can say is how  thankful and grateful I am for having had the opportunity to represent some of the  famous, and even some of the infamous clients. I also appreciated the ordinary as well as the regular buyers and sellers from all over the world. Some  required me to sign confidentiality agreements, others wanted me to brag...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
It is November and a good time to be Thankful for many things, including the people we are close to and the many wonderful opportunities  that are presented to us that we normally just take for granted. So, let me start out with how grateful I am, for having relocated to Los Angeles twenty-two years ago. It is hard to appreciate and understand what  a fantastic climate we live in if you have never been here. We on the other hand, too often  take it for granted and complain that it is too cold or too hot, depending if it is summer or winter in Los Angeles. Instead of being thankful and appreciate what we have for climate.Well let me put it in perspective. I just returned from Boston, MA from a six-day fun, work and vacation combined with visiting friends, family and meeting new and old f...
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