Local Real Estate News » California

CaliforniaListingAgent.com Announces Launch of Real Estate Marketing Site

Local Real Estate News — Mon, 17 Oct 2011 18:47:52 +0000

Los Angeles, CA – CaliforniaListingAgent.com, a new real estate marketing website focused on the needs of California listing agents has launched its new website designed for agents to get noticed by home sellers.

Agents have long understood that have a large arsenal of listings is the surest way to build a steady flow of real estate busines, whether on the buyer or seller side. Since listings provide a financial incentive to advertise, a larger number of listings generally means the agent is highly visible in the community.

Kevin Harper, owner of CaliforniaListingAgent.com and expert in web marketing and real estate SEO, says the new site breaks new ground because of its powerfully simple concept.

“We’re providing the easiest real estate agent directory out there for home owners to use. It’s literally one page, and every California city can be linked directly to the agent’s website.”

For more information, please contact:

Kevin Harper
CaliforniaListingAgent.com
Top Seller Sites, LLC
13601 W. McMillan Dr.
Suite 102-133
Boise, ID 83731
208-249-8893

Sunnyvale Property Manager Helps Clients Keep Positive Cash Flow Through Five Recessions

Local Real Estate News — Wed, 27 Apr 2011 15:14:34 +0000

Sunnyvale, Calif. – Sunnyvale property manager Jerry Garrity says that First Statewide Realty has helped real estate investors keep a positive cash flow on their investments through five recessions. While each recession has been unique, he says they have all been challenging for investors who don’t have their properties managed professionally.

Garrity, who is a long-time expert in property management in Sunnyvale and has been doing business in the Silicon Valley for 21 years, says professionally managed properties have a much great success rate when it comes to actually maintaining a positive cash flow because of the difficulty most private investors make in controlling their costs.

“There is a reason large real estate investment firms use professional property managers—because we know how to run a tight ship when the going gets tough. There are definitely tricks to keeping costs down we’ve learned over the years, and we use that knowledge to help our clients weather the financial storms.”

He says First Statewide Realty has a wide range of clients with both large and small Silicon Valley real estate investment portfolios.

“Smart investors don’t let their properties keep losing money. We take a lot of pride in helping our clients, whether they are seasoned investors or first time investors, learn how to turn their Sunnyvale rental properties into a steady stream of income.”

He says First Statewide Realty has survived five recessions by applying the best property management techniques for its clients.

“We are good at keeping costs low, properties occupied, and rents paid on time. That’s why we are fortunate enough to have clients who have been with us for two decades.”

About First Statewide Realty

First Statewide Realty is a professional Sunnyvale property management company specializing in quality single family homes, condominiums, town houses and other investment property in the greater San Jose metropolitan area. The Cupertino property management firm has been in business for over 21 years, and is a member of the Santa Clara County Association of Realtors, Silicon Valley Association of Realtors, National Association of Realtors, California Association of Realtors, Tri-County Apartment Association and National Association of Residential Property Managers.

For more information, please contact:

Jerry Garrity
First Statewide Realty
20045 Stevens Creek Blvd.
Suite 2-D
Cupertino, CA 95014
Tel: 408-253-1000
Lic#: 01036982
Email: investments@firststatewiderealty.com
http://www.firststatewiderealty.com

San Diego Home Owners Get Rebate On Water-Saving Artificial Turf Installation Through April

Local Real Estate News — Tue, 05 Apr 2011 17:06:27 +0000

San Diego, Calif. – San Diego homeowners have the month of April to get their old irrigated lawns removed for a rebate to make way for water-saving artificial turf. San Diego turf installer Scot Wozniak says that owners can save a significant amount of money on the installation of synthetic lawns that don’t require lawn maintenance or water bills.

“In Southern California, it really does pay to be smart about water consumption. In addition to the water-savings rebate, which owners can learn about on our website at www.sandiegolawns.com, artificial turf makes sense in this economy because it saves both water and maintenance costs.”

He says only residential properties can benefit from the rebate, but commercial and institutional properties stand to save even more in the long term because their landscaped areas tend to be larger and require more ongoing maintenance.

“We help schools, commercial properties, churches, and more. Reducing irrigation and landscape maintenance costs can put several hundred dollars a month back into the budget in some cases.”

Wozniak offers a free consultation to help homeowners determine how much money they could save by using the rebate, which is set to expire April 30, 2011.

Lee & Associates Negotiates $5.86 Million Industrial Sale

Local Real Estate News — Mon, 04 Apr 2011 22:01:12 +0000

Carson, CA – Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed on the $5.86 million sale of a 78,486-square foot industrial building located at 2525 El Presidio St., in Carson, Calif., just outside Los Angeles.

Jeff Gahagan and Scott Seal of Lee & Associates-Orange represented an undisclosed buyer. Clint McMorris of Colliers International represented the seller, Charles Tsai. The property, which was built in 1990, includes 6,318 square feet of office space.

“Transactions such as these help lend proof that the Southern California industrial market is thawing,” Gahagan said. “This particular asset represents a good deal for the buyer, because it is positioned between several major freeways, plus the ports of Los Angeles and Long Beach.”

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About Lee & Associates

Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 41 locations across the nation including California, Arizona, Georgia, Idaho, Illinois, Indiana, Michigan, Missouri, New Jersey, Nevada, Texas and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

Charles Dunn Company Closes $8.5 Million Multifamily Sale

Local Real Estate News — Mon, 04 Apr 2011 21:41:32 +0000

Pacific Palisades, CA – Hamid Soroudi of Charles Dunn Company’s West Los Angeles office has closed on the sale of a 24,258-square-foot multifamily property located at 16070 W. Sunset Blvd. for $8.5 million.

Soroudi represented the buyer, Xenon Investment Corp. The broker of the seller, Acron II (Los Angeles) Partners, was not disclosed. According to Soroudi, the property has not closed yet, however, the buyer has agreed to pay commission prior to closing.

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About Charles Dunn Company

Charles Dunn Company is one of the largest full-service brokerage firms on the West Coast. Established in 1921, the Los Angeles-based company provides a full complement of real estate services. For more information and office locations, please visit www.charlesdunn.com.

Lee & Associates Negotiates $3.3 Million Industrial Sales Transaction

Local Real Estate News — Tue, 15 Mar 2011 09:50:36 +0000

Brea, CA – Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $3.3 million sales transaction for a 32,842 square foot industrial building located at 1545 Moonstone Street in Brea, Calif.

Luke Hudson and Scott Seal of Lee & Associates Commercial Real Estate Services, Inc. Orange represented the buyer, Nail Harmony. Tom Dorman and Ian Britton of CB Richard Ellis represented the seller, Cohen Asset Management, Inc.

About Lee & Associates

Lee & Associates Negotiates $7.6 Million Land Parcel Sale

Local Real Estate News — Tue, 08 Mar 2011 08:35:09 +0000

LA JOLLA, Calif. — March 7, 2011 — Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed on the $7.6 million sale of a .32-acre land parcel at 1030 Pearl St., and 7522-7532 Herschel Ave., in La Jolla, Calif.

Lee & Associates’ Matt Weaver, Patrick Miller and Trevor Jensen of the North San Diego office teamed to represent buyer Zephyr Partners-RE, LLC, in the transaction.

The property is located in Downtown La Jolla, just west of Interstate-5 and about one-half mile away from the Pacific Ocean, next to the La Jolla County Club. It is fully entitled for 24 townhomes. The entire parcel comprises 27,687 square feet and is currently improved with office and apartment buildings.

“This property is in a prime location at the intersection of Pearl and Herschel in La Jolla,” said Weaver, who is a principal in Lee’s North San Diego office. “Zephyr Partners is a strong local company and this project will be extremely successful for them.”

Zephyr plans to demolish the existing structures and hopes to break ground in the next three to four months. The seller, Pearl & Herschel, LLC, was represented by Victor Krebs of Colliers International.

About Lee & Associates

Celebrating 31 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 41 locations across the nation including California, Arizona, Georgia, Idaho, Indiana, Illinois, Indianapolis, Michigan, Missouri, New Jersey, Nevada, Texas and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

Los Angeles Short Sales Bank Negotiation Expert Launches Nationwide Service For Real Estate Agents

Local Real Estate News — Wed, 09 Feb 2011 17:41:07 +0000

Santa Monica, CA – Short sale negotiation firm L.A. City Short Sales launches nationwide service to help real estate agents close more deals and save time by handling bank negotiations for them.

Toni Patillo, owner and principal Broker of L.A. City Short Sales and Toni Patillo & Associates in Santa Monica, says that if agents are not doing short sale transactions, they are not doing as much business as they could be these days. The problem is that short sales are much more difficult and time consuming than most agents realize.

While she says that handling distressed properties can be a time killer for most real estate professionals, she has proven ways to achieve a much higher success rate than most agents acting alone.

“Our mission is simple: To close more deals between banks, sellers and buyers while removing the headache of the short sale process for referring agents.”

She says that as a result of her firm’s high success rate, agents who refer short sales to her firm L.A. City Short Sales can still earn a great income. Commission splits are generous and vary from 25% for straight referrals to 50/50 co-listing arrangements depending on the experience and desired involvement of the referring agent.

“We work with a lot of agents who have short sale experience and want some involvement in the transaction, but a large percentage of our affiliate agents simply refer short sale listings to us. We just write them a check when we complete the deal.”

Elizabeth Stein of Team Stein in the Pacific Palisades, one of Patillo’s referring agents, agrees. Stein is a believer, and says that for them, there’s no better way to make a living helping people in the reality of today’s difficult real estate market.

“Referring short sale business to Toni has been very rewarding. When I come across a seller that is behind on payments or even a competing agent that needs assistance, she’s the first person I call to step in and save the day for them.”

As an experienced short sale negotiator and expert co-author of the book “Should I Short Sale My Home,” Patillo has an intimate view of the short sale process from the points of view of the distressed property owner, the listing specialist and the negotiating agent. She says her compassion for the seller’s predicament drives her to get the best deal possible from banks.

“With the poor job market and arguably the worst real estate market in history, homeowners who are behind on their mortgage payments and need to sell their home are in a very vulnerable position. It’s easy for them to be taken advantage of, and our job is to help them avoid that.”

About Toni Patillo

Ms. Patillo is currently the Broker of Record for the Keller Williams Santa Monica and Pacific Palisades Market Centers and is a member of the Beverly Hills Board of Realtors, Southland Regional Association of Realtors, California Association of Realtors, Malibu Association of Realtors, South Bay Association of Realtors, and the National Association of Realtors.

She is also a member of PartnersFirst, a Nationwide Real Estate Network that specializes in Pre-foreclosure. Toni has multiple certifications and designations in Loan Modifications, Pre-Foreclosures, REO’s (Bank-Owned Properties), and Short Sales.

At the KW Market Centers, she oversees the sales production of over 250 sales agents. Toni has consistently achieved the top 3% of all Sales Professionals within both the Prudential and Keller Williams, real estate networks nationally. While her specialty is listing residential housing with a strong focus on distressed properties, including short sales, pre-foreclosures, and bank-owned properties, she’s expanding her mastery into the Luxury Home & Commercial marketplace.

For more information, please contact:

Toni Patillo, CLMS, CSSS, CREOS
L.A. City Short Sales
Toni Patillo & Associates
2701 Ocean Park Blvd, #140
Santa Monica, CA 90405
310-482-2035
http://calltoni.com
http://lacityshortsales.com
http://tonipatillo.com

Los Angeles Real Estate Agent Rates Highland Park in Top Five Desirable L.A. Neighborhoods

Local Real Estate News — Wed, 11 Aug 2010 01:32:35 +0000

Highland Park, Calif. – Highland Park in Los Angeles has great benefits according to local real estate agent Raphael Guerin, who rates Highland Park in the Top Five Desirable Northeast L.A. Neighborhoods. Guerin, who specializes in Northeast Los Angeles real estate, says that Highland Park offers a culture of appreciation for the arts and a sense of community to residents that can be difficult to find elsewhere.

Guerin says that Highland Park’s affinity for the arts goes back to its history as a charming artist’s colony and gateway to the City of Los Angeles back in the 1800’s and early 1900’s.

“Highland Park stands out among L.A. neighborhoods as the home of Los Angeles’ first museum, the Southwest Museum. In fact, an historic piece of Highland Park real estate is the rustic stone and adobe home of Southwest Museum founder Charles Fletcher Lummis. The Heritage Square Museum of several preserved Victorian Homes is an additional attraction that also holds various events throughout the year for the community.”

In addition, he states the Audubon Center at Debs Park is a prominent fixture in the area with a variety of family programs being offered.

“Highland Park is the home of one of the most respected nature conservation centers in the country, located in nearly 300 acres of scenic native woodlands and grassy fields which also expands into the community of El Sereno. Over 140 species of birds have been spotted at the Audubon Center, and a number of nature programs are available to the public.”

Guerin says that nature and the arts are not the only attractions for families interested in moving to Highland Park in Los Angeles, CA. He notes that the Craftsman, Custom and Vintage homes in Highland Park represent a sensational value for today’s buyers seeking character and view properties.

With over 200 properties sold this year so far in Highland Park, he says that bank-owned property inventory is minimal and short sales account for about 25% of homes presently for sale.

“There are many Highland Park homes for sale as interest rates hover in the 4% range offering a historic buying opportunity to get into this desirable Northeast L.A. neighborhood at bargain prices in a prime location.”

Guerin says that average home prices range from the upper $300s to mid $500s, with inventory at approximately 100 single family homes now available for sale.

“Highland Park residential properties are currently under contract in about 60 days, with about 3.5 months worth of inventory. These are healthy statistics for this market.”

What does all this mean for the average homebuyer? Guerin says that’s an easy question to answer.

“Now is a great time to buy a home in Highland Park, one of the Top Five Desirable L.A. Neighborhoods.”

Raphael Guerin’s Top Five Desirable L.A. Neighborhoods:

1. Mt. Washington
2. Eagle Rock
3. Atwater Village/Silver Lake
4. Highland Park
5. Glassell Park

For more information, contact:

Raphael Guerin, Realtor/e-PR0
Short-Sale & Bank-Owned Certified Specialist
DRE-LIC # 01381746
Keller-Williams Realty
1660 Hillhurst Ave.
Los Angeles, CA 90027
(323) 369-5111
raphael@kw.com
http://discovernelahomes.com

San Jose Property Manager Says Professional Property Management Reduces Risks in Employee Relocation

Local Real Estate News — Fri, 23 Apr 2010 07:04:02 +0000

Cupertino, CA – Leading Silicon Valley property manager, Jerry Garrity of First Statewide Realty, says that companies relocating executives and employees can significantly reduce risks by utilizing a professional property management company to handle their Silicon Valley employee relocation and executive relocation programs.

He says there are many pitfalls companies run into when trying to handle relocation efforts in-house, and it pays dividends to avoid them.

“Providing a smooth transition for employees and their families when they are being transferred is critical if you want to get the most productivity out of them as a worker.”

He says that finding a home in the Silicon Valley is just one part of the relocation process. Working with a professional San Jose property management company simplifies the operation and ensures that the transferring family stays happy and maintains a positive impression of the parent company.

“Providing a smooth transition for employees and their families when they are being transferred is critical if you want to get the most productivity out of them as a worker.”
One thing Garrity tries to impress on companies is that it’s in their best interest to make the transition a smooth one.

“We all know instinctively that if home life is not pleasant, work productivity is going to suffer. So it’s very important for transferred employees to feel they are being taken care of, and that starts with helping them take care of their new living arrangements.”

Relocations are often relegated to the expense column, but Garrity says it’s more properly thought of as an investment in the company’s bottom line. He says that companies wouldn’t be relocating an employee if they didn’t see the financial benefit. Failing to ensure a pleasant transition for the transferee serves to reduce that financial benefit, because employees facing a lot of inconveniences during their transition will not be giving 100% in the workplace.

“What we do is reduce the stress on employees associated with corporate relocations. We know the areas, the homes available, the owners, and the expectations of the company. Our goal is to make the parent company look good by avoiding the pitfalls that can happen when selecting a new home.”

Garrity says that a good property manager becomes an extension of the Human Resources team, delivering quality executive homes, and taking care of problems when they arise. Renee Smith, Manager in charge of relocation at Litepoint Corporation agrees, saying “First Statewide Realty is our number one source when it comes to finding a house for our transfers.”

First Statewide Realty is a professional Santa Clara County property management company specializing in quality single family homes, condominiums, town houses and other investment property in the greater San Jose metropolitan area. The Cupertino property management firm has been in business for over 20 years, and is a member of the Santa Clara County Association of Realtors, Silicon Valley Association of Realtors, National Association of Realtors, California Association of Realtors, Tri-County Apartment Association and National Association of Residential Property Managers.

Contact:

Jerry Garrity

First Statewide Realty
20045 Stevens Creek Blvd.
Suite 2-D
Cupertino, CA 95014
Tel: 408-253-1000
Lic#: 01036982

http://www.firststatewiderealty.com

http://www2.litepoint.com