Find out what your Downtown loft is really worth!

What’s Your Loft Worth?

FREE Quick Over-The-Net Home Evaluation

What's Your Loft Worth? Free quick, online home evaluation

What’s Your Loft Worth? Free quick, online home evaluation

Find out what your home is really worth!

Knowing what your home is worth is important information to have if you are thinking of selling your home.

By providing your address and a brief description of your home, the system will conduct a thorough comparative market analysis by searching the database for similar homes listed or sold in your area.

With this current market data, you will be able to determine what your home might sell for if you decided to put it on the market.

There is no cost or obligation for this valuable service.

For your FREE Home Evaluation, visit LoftValueLA.com

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What The MLS Doesn’t Want You to Know About Pocket Listings

What The MLS Doesn’t Want You to Know About Pocket Listings

The MLS recently ran a large ad in the Los Angeles Times entitled something like, “Don’t get SHORTCHANGED by a POCKET LISTING”

The ad gives the impression that basically all properties for sale should be listed on the MLS, and if the home is not listed on the MLS, then the home may sell for less than the market price.  A pocket listings is any type of property for sale with a real estate agent who does not post it to a multiple listing service.  A multiple listing service (MLS) is a service for cooperation of brokers, sharing and dissemination of property information to foster the transaction of real estate.  MLS services are usually local, but web-based, and they are facing increasing competition from ever more powerful national and local real estate websites.

As a top Realtor who specializes in pocket listings, I will share with you the facts and fallacies of pocket listings.  My team has helped more buyers and sellers with more pocket listings in Downtown than any other agents or brokers that we know of.  We have been involved with nearly 500 pocket listings over the past 10 years.  45% of our buyers over the past several years have purchased pocket listings because they have been the smart choice nearly half the time.

Pocket Listings

Downtown Pocket Listings

Like all money matters, when it comes to financial results, buyers, sellers and agents must pay attention to supply and demand.  The more buyers who find out about the property for sale, the faster and more money that it will sell for.  So the questions is, “Does the MLS attract more buyers or does a pocket listing attract more buyers.”  Most agents understand that, in terms of sheer numbers, the MLS will deliver more buyer prospect than a pocket listing without the MLS.

Since the MLS ad basically infers that pocket listings are a better deal for the buyer, it stands to reason that buyers are likely to be happy with pocket listings.  And if buyers feel happy with pocket listings, then they are likely to buy the pocket listing property.

As for the agents who take part in pocket listings, they say that there are undeniable benefits of a pocket listing:  privacy, exclusivity, excitement, speed, efficiency, profit for the agent, and satisfaction of the buyer and seller.  Those are some great reasons to do pocket listings.  So the question is:  “When should a listing be a pocket listing, and when should the MLS be omitted from the marketing plan.” and “When should a pocket listing not be used?”

The answer may surprise you.  While the MLS has recently lost some of its mandate, it is still one of the most important — usually THE most important medium to advertise a property.  At the same time, a pocket listing does provide more privacy, more control, more freedom, more flexibility, exclusivity, and often more excitement, speed, efficiency, profit and satisfaction.  So the answer is to do something that most agents have not yet figured out… a combination of MLS and pocket listing. Most agents have not yet figured out how, when or even why to do both.

One team has figured it out.  The Corey Chambers team offers, “Your Loft Sold GUARANTEED or We Will Buy It”  If a property is not sold within the listing term, then Corey Chambers will buy the property at a price agreeable to the seller.  A combination of the MLS and pocket listing are part of the guaranteed sale process.  This makes sense to take advantage of the distribution of the MLS and also use the power of a pocket listing.

More and more home sellers are taking the safe bet, and choosing to work with a real estate team that has the experience and knowledge to help sellers and buyers take full advantage of the power of the MLS while not missing out on the instant-sale capabilities of a pocket listing for sellers.  Most buyers are oblivious to pocket listings, have no idea that they are missing out the unlisted bargain properties for sale.  Buyers often notice that the best deals are selling before they have a chance to see them, and they cannot figure out why.

Here’s how buyers and sellers can each take advantage of pocket listings:

Sellers:  Find out what your home is worth online.  Visit LoftValueLA.com or CLICK HERE for a FREE online home evaluation.

Buyers:  Beat out other buyers to the best deals.  Get FREE priority access to pocket listings and listed properties as a VIP buyer.  Visit LAsecretLofts.com to get started.

Posted in Buy Loft, Lofts Downtown Los Angeles, POCKET LISTINGS, Sell Loft | Tagged , , , | Leave a comment

Gap gets ready to go on Broadway Downtown Los Angeles

A Gap factory store is now under construction on Broadway.

We hear that the Gap plans to open the store in time for the 2014 Christmas shopping season.

The Gap Factory Store is a bit disappointing to some. They ask why Gap would open an outlet store in Downtown Los Angeles.  Downtowners would prefer to see a big lagship store to make a bigger statement.  Many stores have opened in Downtown to immediately take first place in they entire chain of stores.  Ralphs Market is one such instant success.  Trader Joes and Whole Foods are just now catching on, each with their own planned Downtown store openings.

Upon thinking about it, most will agree that the Gay Factory Store is still a drastic improvement over the cheap tchatchkies stores that the Gap is replacing.

As for real estate, the Corey Chambers Downtown loft specialist team announced many years ago that Broadway offered an exceptional investment opportunity because its renaissance is just beginning.  The owners of the Eastern Columbia loft condominium units are in the prime position to benefit from the renovation of Broadway.  The L.A. Loft Blog also has a list of buildings that are most likely to go condo in the neighborhood.  L.A. Loft Blog readers can get first chance to be notified when the loft buildings are just coming up for sale in order to get a jump on the competition and beat out other buyers to the best deals.

We hear that the store will be 8,500 square feet, and will be stocked with popular apparel for men, women, and children.

To request a FREE list of loft buildings of the Broadway district that are most likely to go condo next year, CLICK HERE.

Posted in Lofts Downtown Los Angeles | Leave a comment

Lincoln Heights Pieter Plays the River – Dance by Alta Lofts

A New Kind of River Dance in Los Angeles

A resident of Alta lofts recently ran into some kids rehearsing in the park while walking his dog.  The youths told the local resident about a free performance art community event that’s coming up there in the new Ed Reyes Greenway Park.

Sunday, Oct 26 at 3:00 PM

The event is called Pieter Plays the River – Play the LA River Details are at http://playthelariver.com/event/pieter-plays-river/

More event information is at:

http://www.pieterpasd.com/events/pieter-plays-the-river-this-event-does-not-take-place-at-pieter/

 

 

 

Copyright © 2014 This free information provided courtesy Corey Chambers, Realtor, Keller Williams Realty, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 or visit DowntownLosAngelesLoft.org Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.
Posted in Downtown L.A. Events, Lofts Downtown Los Angeles, NEIGHBORHOODS Downtown LA, Real Estate News | Tagged , , , | Leave a comment

Refer a Friend and Change a Life – Real Estate Agent Referral Gives Jobs to Downtown

Refer a Friend and Change a Life -
Real Estate Agent Referral Gives Jobs to Downtown

If you have a friend or relative who is thinking about buying or selling a home in Los Angeles, refer them to the team that offers guaranteed results, and we will donate $250 to Chrysalis, a Downtown nonprofit organization that is Changing Lives Through Jobs.

68% of American home buyers and sellers find an agent through a friend or relative. And now, your referral will help change Downtown, giving jobs and new lives to those who must overcome great adversity and challenges. This summer, Chrysalis cleaned up more than 10,000 lbs of trash from the Arts District.

Refer a friend and change lives through jobs

Chrysalis gives jobs and cleans Downtown – Refer a friend and change lives through jobs

L.A. Loft Blog Publisher, Realtor Corey Chambers

L.A. Loft Blog Publisher, Realtor Corey Chambers

You are probably aware that I was in the top 1% of all Los Angeles buyer’s agents for the number of buyers that I helped last year.  According to IMS, my team also helped sellers to sell their properties 44% faster, and get sellers more money than the average Los Angeles agent. Because we did that with a 100% success rate, with zero expired listings, I’m now making a new offer:  I will sell your loft GUARANTEED or I will buy it*.  If it’s not sold by the end of the listing term, we will buy your home for cash at a price acceptable to you.

Please tell a friend.  When we help them buy or sell a home, $250 will go to Chrysalis to change more lives through jobs.

Refer a friend. Fill out my online form:

 

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO
Corey Chambers, REALTOR®
(213) 478-0499
corey@laloft.org
http://www.LAloftBlog.com
L.A. Loft Blog, 816 S Broadway, Los Angeles, CA 90014
Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.  DRE#01889449
Posted in Buy Loft, Lofts Downtown Los Angeles | Tagged | Leave a comment

Downtown Los Angeles Investors FREE Seminar – Income Property Investing

Downtown Los Angeles Investors FREE Seminar
Income Property Investing Downtown and Nationwide

The Downtown Los Angeles Investors group will have a special real estate investment seminar about investing in Real Estate Downtown and nationwide, that is designed to be a life-changing experience. This will be a highly educational and very specific informational seminar that will reveal winning investment strategies for 2014/2015 for anyone on any budget.

 

Seminar Topics include:

Real Estate Investment Strategies Downtown and Nationwide
High-profit Rehab Investment Homes Under $50,000
Real Estate Investments for $20 a week
Do It Yourself, or Hire a Team?
Flipping vs. Rental Income
Invest with No Credit
Building a Portfolio
No Down Payment
1031 Exchanges
Mindset, Financial Model, Network Model, Retirement and Compounding Cash Flow Seating is limited. RSVP early for FREE registration. Registration at the door is $20.00 (includes snack). For questions, contact Corey Chambers show contact info InvestDTLA.com

Tuesday, October 21, 2014 AT 7:00 PM
Indie Desk 816 S. Broadway, Los Angeles, CA

CLICK HERE TO RSVP

More information at http://www.InvestDTLA.com

 

Posted in Buy Loft, Distressed Lofts, Lofts Downtown Los Angeles, Real Estate Investment | Tagged | Leave a comment

Fab 5 Top Props – Hottest Loft and Condo Deals in Downtown Los Angeles This Week

Fab 5 Top Props – Hottest Loft and Condo Deals
in Downtown Los Angeles This Week

for the week of October 11, 2014

1.  801 S Grand Ave #1207  $820,000  PANORAMIC VIEWS

2.  312 W 5th ST #216  $299,999  LOW PRICE

3.  600 W 9th ST #401  $415,000 LOCATION LOCATION

4.  108 W 2ND ST #612  $465,000  DESIGNER STYLE, BIG BEDROOM

5.  420 S SAN PEDRO ST #212  $479,000  CORNER WINDOWS, BIG VIEWS

MORE DOWNTOWN DEALS – Fill out the online form:

 

Listing Photo

LP: $299,999

DOM: 3
1 Beds
1.00 Baths
670 Sq Ft
$447.76 $Sq Ft
Lot Size: 27,285
Year Built: 1923
Area: 42
HOA 1&2  $252.00 (Monthly)

 

DOWNTOWN LOFT & CONDO:  FOR SALE  |  RENTALS    |  SUBSCRIBE   |  VIDEO
Corey Chambers, REALTOR®
(213) 478-0499
corey@laloft.org
http://www.LAloftBlog.com
L.A. Loft Blog, 816 S Broadway, Los Angeles, CA 90014
The #1 Downtown buyer’s agent with 19 successful buyer transactions closed in 2013, Corey Chambers is a Realtor®, and member of the Top 6 award-winning, 5-Star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms.  DRE#01889449
Posted in Buy Loft, Lofts Downtown Los Angeles, Lofts For Sale, Real Estate Investment | Tagged , , , , , | Leave a comment