Tag: L.A.

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Downtown LA Art Walk Thursday October 13 #artwalk #dtla

Start an exciting, creative evening at the Art Walk Lounge (634 S. Spring St.), the visitor center for the Art Walk.

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Visitors can pick up maps, view and purchase art from uniquely curated exhibitions featuring local and international artists, support artisans and microbusinesses through the Art Mart, and sample items. The Downtown Art Walk Lounge is open from 6-10PM.

old-bank-art-walk-alley-lights-lalbThe self-guided public art phenomenon known as The Downtown Art Walk brings art lovers and community members to an ever-evolving Downtown Los Angeles. With exciting and unique offerings around every corner, Downtown celebrates the arts on the 2nd Thursday of each month, year-round, rain or shine. The Art Walk Lounge opens at 6pm, and local participating gallery hours vary, typically ranging from Noon – 10PM. Check individual gallery listings for details.

Many of The Downtown Art Walk activities take shape in and around the galleries predominantly on Spring and Main streets between 2nd and 9th streets. There’s also a plethora of art-related events and openings, activities, and special programming taking place all over Downtown. For the true art collectors and fans, arriving early offers a more relaxing stroll through the different galleries and art exhibitions.

As the evening progresses, more visitors descend upon the area to meet up with friends and savor the local experience. Visitors and Downtowners alike can often be found patronizing the outcropping of local shopping, dining and entertainment establishments that have created the thriving, vibrant community.

Lofts for sale and for lease near the art walk include the Higgins Building and Santee Village. Get more information on the Art Walk and nearby lofts, condos and apartments. Fill out the online form.

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
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Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com 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.

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Downtown LA Pocket Listings – Who, What, Where, How, When and Why #pocketlistings #dtla

Unlisted and Off-Market Lofts and Condos For Sale in Downtown Los Angeles

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I received an unusual phone call yesterday from an appraiser.  She did not ask the usual appraiser question of how much is a property worth and why.  She asked passionately, “Why would a seller want to do a pocket listing?”  It was a great question, and she asked the right person.

A pocket listings is an unadvertised or less-advertised property for sale that is not listed on the agents multiple listing service and often not on the internet.  As The MLS has correctly pointed out, the buyer gets advantages when they gain exclusive access to a pocket listing. So the questions is why would a seller want a private sale rather than placing the property on the MLS?

There’s a whole list of benefits to pocket listings and thus many reasons.  The main reasons are that it gives more control to the seller, prevents some problems that a public listing can create, and can provide for a quicker, smoother sale. It can often lead to a higher sale amount if done correctly. Most agents do not do many pocket listings, and for good reason; they don’t really know how.

Many sellers have current tenants whom they don’t want to bother, so a pocket listings allows the listing agent to bring offers to the seller with less bother to the tenant, and sometimes to even bring in offers on the property before showing it to anyone at all.

pocket-suit-ebeBuyers are attracted to special deals. Buyers like it when they get to buy a property that other buyers only which they could buy. A pocket listings is extremely appealing to those buyers. Why would a seller want to ignore the buyers who are excited by an exclusive opportunity. A pocket listing, unlisted or off-market property brings in the buyers who are looking for a special deal. Check out the lowest priced loft in the nicest, cleanest part of Downtown today in the Higgins Building at 108 W 8th Street.  It’s an historic building with Mills Act tax savings, asking $400,000 and it’s not on the MLS.

One sure way to foul up the reputation of a listed property, its owner and its listing agent is to list a property on the MLS with a price that too high for several months.  Property listings are most exciting when just listed.  The excitement quickly fades within a few weeks, and after a month or two the listings gets stale, and then the common sentiment becomes “what’s wrong with this property?”  A pocket listing helps to prevent the stale listing problem. The pocket listing can be ideal for sellers who need above-market dollars for the home, and who have lots of time to sell.

When priced right, the pocket listing can allow the listing agent to call an existing buyer client who may purchase the property immediately with less hassle to buyer and seller.

What most professionals and non-pros alike don’t know is how to implement all of details of a pocket listing, including the pocket listing adjunct marketing, time-period, duration, as well as what to do before and after the pocket listing.

Get pocket listings free in your email.  Fill out the online form:

Find out how much your neighbor’s loft sold for at www.HomeEvals.com

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LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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

 

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Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  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.