Beverly Hills, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Backed Stuffed Lobster Recipe by Endre Barath, Jr.First let me share that I have numerous cookbooks and one of my favorite cookbooks is by Jasper White a Boston Legend  who happens to be a James Beard Award winner in the Cooking World. Over the years I would follow his guidance virtually word for word.Clearly my confidence level has increased over the years, because the first thing Diane asked me did you use Jasper Whites’ Book “Lobster at Home”? I had to confess, that I did not. So immediately I pulled out the book and I was amazed how close my Recipe was to his. Clearly a good sign that dinner would be fine.So, with that said, since I made Boiled Lobster the night before I still had plenty of clarified butter infused with Thyme and Parsley. Hence this was a 15-minute time saver.I had ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
I am confident that some listing agents have been approached by buyers and asked the question or questions :  What will the seller take? Why is the seller selling? These questions do not just apply to Agents who are in a Dual Agency Situation, rather this applies to Listing Agents as well.Over the past twenty-two plus years as a Realtor in California, I  always considered  my client’s best interest and needs to come first. Since I am a vacant land specialist, I have many land listings, hence it is not unusual to find myself in a Dual Agency Situation. Developers prefer to talk to Listing Agents directly when it comes vacant land, because most  agents are not familiar with the detailed questions and answers the Developers are asking.There is a New California Real Estate Law about Dual Ag...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
How to get someone’s attention on Active Rain? This question appears to have an easy answer, but it is not that easy. Now please do not think and say : Write a great Headline😊 yes, you are right that will get some people’s attention. Then please do not say and think write a great post:  In some cases that will get the attention of some people, provided it gets Featured or Re-Blogged.My purpose is to focus on the fact that if you write a blog post and people comment on your post it still will not guarantee that the person who commented will know that you responded back.When you write a blog post, you as the author get notified if some one commented on your post. This is easy enough. Now you decide to respond back to that person on their comment. Seems logical that they should get notifie...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
“…Dreams and Hopes are necessary to life…” ---Anais Nin My father was always a “Dreamer”, he hoped to live in a country that was better then where he grew up and worked.  Most of you who read my blog post know: The country where he grew up, was Hungary and his “Dream” was to come to the United States. The country, where there was  ’ Freedom’ and he could speak his mind and express his views without being afraid of detrimental consequences.  The land of opportunities, where everything was possible if you set your mind to it. The year was 1967 and he bought his family to Bridgeport, CT.  Just on a side note, he thought the streets were paved with Gold.As time passed, he discovered  the hard facts which life presented him  with and many  lessons  on the way, that life in the United States ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
A quote from the Boston Red Sox: We are going to the World Series... in all fairness I was very concerned getting past the Yankees and even more concerned getting past Last Years World Champion Huston Astros. I always had high respect for both organizations. Hence it is so much more rewarding to get to this point.Congratulations to the Boston Red Sox to winning the  American League! They are the American League Champions!!!The 2018 American League Championship was achieved by winning the best of seven series. The Boston Red Sox won 4 and the Huston Atros one 1 that is what we say the better team has won.What I was most impressed with was the team played as a "Team" and they remained humble and all high priced egos were put aside. When one member was not at their best the "Team" stepped ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Beverly Hills Single Family Market is not your usual Single Family Market. Price points vary from a low of barely bellow two million to a high of a hundred plus million dollars. Consequently this skews the numbers. Hence it is critical to have a knowledgeable Realtor who can explain and give solid advice to buyers and sellers. Customarily I usually break out the Beverly Hills Market into four quartiles to better explain the various price points. Here I am just going to do a simple comparison to give you an idea how to overall market is in Beverly Hills. Should you be interested in selling I would be happy to give you a more focused and detailed market trends report. Please reach out to me directly.As you can see the inventory seems reasonable, the issue comes into play how the sales...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Beverly Hills, CA Condominium Market Trends Report is published... well I must share with you that we have been inundated with Fake News not just in Politics, but in Business so why should it be any different in Real Estate. To set the Record straight, I felt it would be appropriate to post some Market Trends Reports to show you Real Statistics & Real Facts.So with that said let's look at the numbers:Inventory as you can see is similar to the past three years with minor differences. Nothing to be concerned about unless you are a buyer and you would prefer more inventory to choose your next Condominium in Beverly Hills, CA.When I see Days on Market with less than 30 days, I do not need to wonder what that means to the speed of the market nor the price points. So with that said let's ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Holiday Marketing by a Beverly Hills Realtor: Endre Barath, Jr.The background story is that:  I have been in the greater Los Angeles Real Estate Market for the past 22+ years as a Realtor. To be in it this long, I had to develop good marketing systems, otherwise I would have not lasted this long. Then to boot, I would not have received year after year Awards from the two National Brokerages that I have worked for. It is that simple.Now let’s talk about my Marketing history:  Since 1999 I started sending monthly post cards out and when finally, I stopped around 2004, I was sending out post cards to about 30,000 land owners in the greater Los Angeles Area. That was about one card a month. Clearly you can guess that this was costing me a good amount of money. I realized that the wave of th...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Boston Read Sox have achieves something I wish many people who have been fans for their entire life but did not get to see it. The 2018 Red Sox team is the winningest team  in the entire history, they just broke the 1912 Records:The 2018 Boston Red Sox are the winningest team in franchise history. With a 6-2 victory over Baltimore Orioles on Monday, the Red Sox set a new franchise record with their 106th win. That broke the tie they had with the 1912 team, which went 105-47 en route to a World Series championship.Scoreboards flashed "106 Wins." Fans waved signs to celebrate breaking a record that has stood as long as Fenway Park itself.I am so thrilled that they won it AT HOME! For all the fans to enjoy, I wish I was in that group...Oh Well. Congratulations to the Team and their Man...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Serendipity Sunday: Nine simple but powerful messages on one  Plaque   caught my attention.  For me the hardest message is to be kind, that is a work in progress for me, which is the hardest one for you to achieve?  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 properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Speechless Sundays: Just a Motivational Moment...   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 properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at https://www.end...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Beverly Hills 90210  Single Family Market Trends Report is published. Interestingly all the people are interested and they will be pleasantly surprised that the market is strong and fine unlike what you read in some of the National Media...So with that said let's look at the Active Statistics aka what is available for sale:As you can inventory is still tight month over month not much difference between last year and this year. Now let's look at the number of Closed Sales:Again I do not see a great deal of difference month over month it is one less sale compared to the year before and three sales still better than the year before.The next critical area to look at is the Days on Market, usually that is a good indicator as to how the market is doing. Well from all those who complain th...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Almost Speechless Sundays: French Onion Soup Bouchon Style...If you are a lover of French Onion Soups, then my advice is for you to either go to Uber Chef's Thomas Keller's  Restaurant aka Bouchon and have them serve you the best French Onion Soup ever. Now if you are like me, the proud owner of his Cook Book and  having six or eight hours to play with between answering calls and emails. Well in that case make it yourself. If you are intrigued I would be happy to share my  take on Thomas Keller's Recipe of the French Onion Soup.  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...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
How much do you think a 'name change' is worth in the marketing and selling in the Ultra Luxury Real Estate Marketing Beverly Hills? This question was inspired by a vacant land listing, which has recently hit the market in the coveted 90210 zip code.Just to give a little background here in Beverly Hills and vicinity, the Ultra Luxury Homes, as well as the Ultra Luxury vacant parcels of land, all have names. If you Google, their names, you will learn a great deal of their colorful histories as well as of their owners. Let me give you a few examples: (1) “Owlwood Estate”, (2) Fleur de Lys, (3) The Manor, and (4) The Enchanted Hills.  Anyway, you get the idea, at the same time you will notice, I only mentioned properties that were north of $100 million. Go ahead try it out!Currently there ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Enchanted Hills in Beverly Hills 90210, a Private Invitation Only PreviewMost of you who read my Blog Posts are very familiar with the fact, that I list and sell a great many Vacant Parcels of Land in the Los Angeles area. Just to be clear, I list and sell vacant land from the low end to the Ultra Luxury Price points in the greater Los Angeles area.  I was honored to receive an INVITATION ONLY email from the Listing Team. No confirmation needed, just be there. No phone follow-up: are you coming? Clearly, they knew, I would be there.This very special parcel of land consists of 120 acres with some fantastic views of Downtown Los Angeles, Century City and the possibilities are virtually limitless. There are five pads that have been graded and all the utilities are in place. This of cou...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Skimming Active Rain Market Reports might not be a good idea if you are trying to write your own sensationalized article. My advice is, it is better to read the explanations and the interpretations, rather than just skim them, since they are written by Local Realtors, who know what their local markets are like. (I get it, Market Reports can be a bit dry, never the less, it might help understanding the Real Estate Market)Most of my readers know, that I try to address bad information no matter who the source is and try to correct it. Recently, I have written a few market reports and indicated, that it is not as wild as it was a year ago when it comes to finding properties. Now let’s be clear, instead of 20 -30 offers on the properties now we are seeing one to three offers on the well-pric...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
I have been a Beverly Hills Realtor for over 22+ years and have sold many properties, from Ultra Luxury homes to modest homes. I have also sold modest condominiums to Ultra Luxury Condominiums in the greater Los Angeles area. Then to boot I have sold very inexpensive vacant lots to super expensive vacant lots in the Greater Los Angeles area. The real common denominator was always, that we had happy sellers and we had happy buyers.I have received many awards from the companies I worked for, so  it is clear that I have been successful year after year. now the amazing part of this journey has been that not everyone sent me a Thank You Note or a Thank You Card. The ones that did are very special in my heart.Not everyone wrote a Review on the Z platform... not everyone wrote a private messag...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
What comes to your mind when someone says: Pick a Niche that will make you Rich?Well not wanting to overthink the question “Rich” has many meanings to me and not all of it is financially connected. In fairness to disclosure this post is submitted for an Active Rain Challenge.To summarize the requirements:  You get to keep all your present skills, education and experience, but you must start your real estate business completely over today. You have no database, no leads, no prior sales; it's ground zero, day one!I have had three Niche specialties for the past 22+ years but I can only pick one for this challenge. Hence, I chose the Greater Los Angeles Land Specialist as my Niche again😊. Since I have been the ‘go to’ person for the past 22+ years from Malibu to Mount Washington in the Grea...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
As I mentioned in my title Events can happen and that in turn cause changes on a moment’s notice. Some of these changes in turn could be life changing for a short period or a long period of time. Then again, some life changing events can create permanent changes. So, the real issue is how do you handle the changes?I try to live my life and treat other people in a good way as if it was the last time I will have the opportunity to deal with them either because of me or because of their own life changing events. Keeping in mind it does not always work. There are times I revert to my less kind and less forgiving and less tolerant person that I can be.There is an old and time-tested saying, that the key is not what happens to you, it is how you react to what happened to you. In other words, ...
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By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Three Ways to Get a Great Jumbo Loan for Under $20  I think I've made it clear before that I find no shame in talking about how hard we work for our clients.  My assistant, Debbie, and I see a good number of mortgage applications come across our desks every week and in 2018, 60% of them have been for jumbo home loans, which means that our borrowers must demonstrate strong credit depth by way of an adequate number of tradelines on their credit report.  Gone are the days when one could just have a decent FICO score in order to cross credit concerns off of the loan approval list.   When we talk about credit tradelines and credit depth, most of the prominent jumbo mortgage banks like to see recent credit activity (that is, use of credit and timely payment) to consider any account active.  A...
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