Most Exclusive Condominiums in Downtown Los Angeles – Buying, Selling, Renting

As Downtown Los Angeles transitions into a full-fledged luxury market, buyers, sellers and renters are looking for deals that are better than what the general public is able to get. #realestate #dtla

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As the Authority In The Downtown Los Angeles Real Estate Market, the L.A. Loft Blog presents in this article extremely valuable information about exclusivity as the basis for stand-apart success in DTLA real estate. The average home in Downtown is now more than $600,000. The affluent buyer, seller and renter is extremely responsive to and dynamically influenced by exclusivity.

When Downtowners focus on exclusivity, buyers, sellers and renters will switch their mindset and behavior into one alignment and cooperation.

This is a million dollar strategy to start now, if you haven’t. For sellers, concentrate on what is going to attract the largest number of buyers. Buyers get best results when they concentrate on gaining access to the largest number of properties for sale, including the largest number of unlisted homes, pocket listings and off-market properties. Renters find the best deals on the most amazing lofts for lease when they gain access to the unlisted, unadvertised rental bargains.

find-out-soldBUT… let’s make it more exclusive.

Sellers attract the largest number of high-paying buyers  when they can get access to the pre-qualified buyers on retainer, ready to buy. A Guaranteed Sale Program will help to ensure that the property will sell for the most money, fastest and with less hassle guaranteed or the agent will buy it.  Details of this program are at www.GuaranteedSaleSoCal.com

For buyers, getting priority access to houses the buyer can’t find on their own or on the internet or from most agents. This method of beating out other buyers to hot, new listings is called a VIP Buyer Program. Free access to the program is at www.LALoftVIP.com while renters can save a lot of time and money by getting exclusive access to more Downtown loft bargains rentals at www.LALoftTour.com.

Broadway's New Upscale Shopping
Broadway’s New Upscale Shopping

Now that Downtown Los Angeles has become an upscale community, exclusivity is most likely the #1 differentiator for success in a real estate transaction. In an extremely competitive market like Downtown, doing things differently is better. Being different ad-upscale-domain-rsiallows one to bypass some of the competition, thus gaining more access, and saving a lot of money. Being EXCLUSIVE is the best of being different. Exclusive IS different.

Ten years ago, buyers could find exclusive deals on the internet. But today, many buyers might feel empowered by the internet, only to find that the world wide web is no longer exclusive. It is used by virtually everyone.  Anyone involved in Downtown real estate, even renters, must also employ the power of offline in order to reach all of the best opportunities.

Bottom line here and my point is that it’s way easier to be exclusive than it is to be better and many times more powerful, easy to define and measure results as well.  The latest example: Jim and Julie just got their Downtown highrise condominium unit into escrow in record time, at the highest price per square foot ever for that type of unit in the building. At the same time, the buyers were able to get one of the best views in Downtown Los Angeles for the lowest price of any highrise view condo in Downtown. This successful escrow happened because of the exclusive, offline methods employed by both the seller and buyer.  The seller used a Guaranteed Sale Program, while the buyer took advantage of a VIP Buyer Program.

Get unlisted lofts for sale.  Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
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Corey Chambers, Realty Source Inc, BRE#01889449

 

Downtown Los Angeles Unlisted Lofts, Pocket Listings, Off-Market Properties and Private Transactions

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ALTA LOFT FOR SALE

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It’s the #1 best kept secret in Downtown Los Angeles. While more buyers than ever are feeling empowered with all of the real estate and property information on the internet, most are unaware of just how many properties they are not seeing.  Out of sight, out of mind.

Up to 45% of the best deals in Downtown L.A. are pocket listings, off-market, exclusive deals, unlisted lofts, unadvertised condos and private transactions. Many prospective buyers make the mistake of sifting through hundreds of online listings that may or may not match the buyer’s criteria, and the buyer risks missing out on just the right home.

There are many reasons why so many properties are unlisted, often the listing agent simply notifies their office and other friendly local agents about new listings while the listing is being processed and prepared for the multiple listing service.

Technical glitches, spelling errors, listing omissions and other unanticipated events cause properties to be unlisted or otherwise not found on the MLS and not found on the internet.  One common example is glitches and imperfections in the MLS-IDX feed to websites, and mistakes that agents and website owners make when attempting to link to local properties. This is why the L.A. Loft Blog has been adding alternative ways of finding homes for sale in addition to the regular FOR SALE links.

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Many pocket listings are the result of sellers not being quite ready to invite the entire world into their home. Many properties for sale have renter tenants who are not always cooperative. Sometimes, the landlord does not want the tenant to know that the home is on the market because the landlord does not want to anger or possible lose the tenant too early.

Often the seller simply wants a more discrete transaction, the seller wants to be able to pick and choose the buyer, or the seller simply does not want the home to have an appearance of undesirable by being on listed on the MLS too long.  A Downtown home that is listed on the MLS for more than 60 days might be tarnished, thought of as a potential problem.

To add to the problem, several MLS Multiple Listing Services, including our own popular local Combined Los Angeles Area Westside MLS, place a 3-day delay on feeds to the online real estate websites such as Trulia, Zillow and other real estate sites. This adds up to about 5 days delay before the average prospective home buyer sees the best deals online. Even without the artificial delay, the internet takes time for property information and its metadata to propagate to all of the websites.

There are countless other reasons why many of the best loft deals in Downtown Los Angeles are not found by many buyers, agents and brokers. TheMLS and other real estate professionals agree that buyers often get a better deal and a faster transaction with a pocket listing. Get free unlisted lofts and pocket listing information. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

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