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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
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

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Corey Chambers, Realty Source Inc, BRE#01889449

 

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Happy New Year 2016 Downtown Los Angeles

How to get the most out of the most important investment in the most exciting place on Earth, real estate in Downtown L.A. #downtown #condos  Revelers have a lot to be happy about at the end of 2015, posting gains of 8% for DTLA property values. This L.A. Loft Blog post will give a prediction of the market for 2016 and beyond. This comes on top of even larger gains for 2012 through 2014.

young party

While revelers prepare to enjoy New Year’s Eve in Downtown’s LA LIVE, the new center of the universe that is slowly replacing celebratory aspects of Hollywood and Times Square, the savvy investors are staying home to plot their plans for big gains in 2016. The home buying season starts early every year in Downtown LA because the energetic, entrepreneurial urbanites usually have no kids or school to be concerned with. Many buyers begin seriously searching for properties to buy in January, and then a large number of home purchase escrows are usually closing by May.

As the floodgates of homebuyers opens up for the new year, prospective home buyers are preparing for an uphill battle, competing against a large number of potential Downtowners for a very low inventory of lofts and condos for sale in DTLA. With a limited selection of homes for sale, investors and future urbanites need as many advantages as possible to find the most amazing loft at the best price.  To help with that goal, the L.A. Loft Blog presents a few of the most important items to help buyers to get the best deal in Downtown:

  1. Pocket Listings, Unlisted and Off Market Properties – 45% of the best deals in Downtown real estate are not listed on the internet, and not listed in the agents and brokers Multiple Listing Service.  A Downtown LA pocket listing specialist is the best source to provide access to these private deals at no cost to the buyer.
  2. Get informed on all of the unique challenges and downsides of Downtown lofts. Besides lots of homeless people running around, Downtown Los Angeles lofts have other unique issues. More than 25% of current listings involve a building that is currently or recently engaged in a lawsuit or litigation of some kind.  The popular Barker Block is involved with litigation, and has a questionable new shopping center, also a possibly contaminated park being built across the street. Buyer’s need a Downtown specialist to help provide information about these potentially negative issues.  Alta Lofts HOA recently announced a claim against the developer for construction defects that could potentially turn into a lawsuit and affect home values. All Downtown buildings have major pros and cons.
  3. Avoid loft lending nightmares – More than half of homes for sale in Downtown are industrial or commercial buildings that have been converted to live-work under the City of Los Angeles Adaptive Re-Use Ordinance.  Most home loan companies do not know what a loft is, they do not check the building type up front, and they come back later with bad news about delays, cancellations or higher rates for loft financing.
  4. MORE – Beat out other buyers to the best deals in Downtown condos and lofts. Most buyers and most agents do not know how to implement very advanced strategies to give the buyer as much advantage as possible.  These strategies include advanced software, intelligence gathering, outmaneuvering, and out-negotiating the listing agent to place the buyer’s interests far above the seller’s interests. The good news is that it is free. The buyer simply needs to make a decision that they deserve the best deal possible, the best price and the all possible advantages. Get free information on how to take advantage of the Downtown VIP Buyer program at no cost at www.LALoftVIP.com or visit http://www.lacondoinfo.com/technology

PREDICTION FOR 2016

The L.A Loft blog predicts that 2016 is expected to have gains similar to 2015, around 7%. Most buyers have been cautious recently. Contrary to what some believe, there will be no big, dramatic drop is prices any time soon.  Because the money supply is still very loose, the opposite is actually more likely. Inflation pressure caused by unprecedented quantitate easing is just as likely to cause home prices to have an unexpected jump in the near future.

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Get a list of new condos in Downtown Los Angeles. Fill out the online form:

Find homes in Downtown Los Angeles:

CONDOS 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

Corey Chambers, Realty Source Inc, BRE#01889449
LA Live South Park Downtown
LA Live South Park Downtown