Micro Market Report Los Angeles & Miami Issue #18 09/15/16 for 08/15/16 statistics
1
Table of Contents WEA Message
3
zip Code 90210 - Beverly Hills
4
zip Code 90211 - beverly hills
5
zip Code 90069 - Sunset strip
6
zip Code 90077 - Bel Air
7
zip Code 90046 - West Hollywood
8
zip Code 90265 - malibu
9
zip Code 90272 - Pacific palisades
10
zip Code 90024 - westwood
11
zip Code 90049 - brentwood
12
zip Code 90025 - west LA
13
zip Code 90402 - santa monica
14
Zip COde 90005 - Hancock Park
15
Zip Code 90027 - Los Feliz
16
Zip Code 90064 - Cheviot Hills
17
zip Code 90291 - Venice
18
Zip Code 90292 - Marina del Rey
19
Zip code 90293 - Playa Del Rey
20
Miami Market Overview
21
ALL ZIP CODES YEAR TO DATE SALES
22
About WEA
24
Data provided by First American Title Co. of Los Angeles County records and by SEF MLS of Miami-Dade County records for sales exceeding $1 million.
2
Compare Los Angeles Real Estate Brokerages
A Message From WEA Achievement vs. Fulfillment: How to Choose the Right Luxury Real Estate Broker for You When choosing a broker for your luxury real estate purchase you may want to use the following checklist to help make the right choice: Intelligence: Is this person focused and do they offer a high level of expertise in the luxury real-estate market where you want to buy or sell? Do they have an intimate knowledge of the market? Can they help me in other markets with referrals? Having the experience to negotiate and understand high-value transactions as well as extensive market knowledge is essential. Efficient: Can your broker efficiently use technology to communicate, crunch numbers and smoothly navigate the purchase process? The same qualities you bring to running your business need to be evident when choosing the right broker. Service: Has your broker taken the time to learn about you so he/she can customize a high-touch service program? For example, it does no good to offer to show a client an English Tudor style home when they have their mind set on Contemporary. Agents that take the time to learn your cultural and social traits and requirements are communicating respect, which is not to be overlooked. Discretion: High-value real estate purchases can attract attention. Will your broker understand your need for discretion and privacy? It’s common to have real estate agents, and their firms, sign nondisclosure agreements. An experienced broker will present options for your specifications. Integrity: Take the time to discover if the broker has the right principals and morality, and whether he/ she lives by them. After all, this is the person you are trusting with your family, security, investment, and money. Seek references in addition to spending time in conversation with them. Investing the time to qualify a real estate broker before entering into a transaction will go far in creating a fulfilling experience rather than merely achieving a purchase. Stephen Shapiro Co-Founder, Westside Estate Agency 3
90210 Avg. Price Per Transaction
AUGUST 2016
8
Number of Sales
Price in millions
7
HHHHHHHHHHHH HHHHHHHHHHHH HHH
6 5 4
Avg. Price per transaction
3
$
2 1 0
AUG
2007
2010
2014
2015
2016
4,459,928
AUGUST 2007 Number of Sales
number of sales
HHHHHHH Avg. Price per transaction $
3,728,143
AUGUST 2016 vs 2007 AUG
2007
2010
2014
2015
2016
+286% Sales
+20% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
27
35%
$4,459,928
-34%
AUG 2015
20
0%
$6,722,225
32%
AUG 2014
20
186%
$5,089,300
11%
AUG 2010
7
0%
$4,577,357
23%
AUG 2007
7
baseline
$3,728,143
baseline
YTD 2016
192
13%
$5,784,607
-13%
Date
© Westside Estate Agency
4
90211 Avg. Price Per Transaction
AUGUST 2016
Price in millions
2.0
Number of Sales
HHHH
1.5
Avg. Price per transaction 1.0
$
0.5
0.0
AUG
1,756,250
AUGUST 2007 2007
2010
2014
2015
2016
Number of sales
number of sales
Avg. Price per transaction
Not Avail. AUGUST 2016 vs 2007 AUG 2007
2010
2014
2015
2016
+/-0% Sales
+/-0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
4
-33%
$1,756,250
1%
AUG 2015
6
-14%
$1,742,250
-2%
AUG 2014
7
250%
$1,769,786
33%
AUG 2010
2
N/A
$1,330,000
N/A
AUG 2007
0
baseline
N/A
baseline
YTD 2016
20
-17%
$2,049,375
2%
Date
© Westside Estate Agency
5
90069 Avg. Price Per Transaction
AUGUST 2016
Price in millions
3.0
Number of Sales
HHHHHHHHHHHH HH
2.5 2.0 1.5
Avg. Price per transaction
1.0
$
0.5 0.0
AUG 2007
2010
2014
2015
2016
2,836,357
AUGUST 2007 Number of Sales
number of sales
HHHHHHHHH Avg. Price per transaction $
2,885,000
AUGUST 2016 vs 2007 AUG
2007
2010
2014
2015
2016
+56% Sales
-2% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
14
17%
$2,836,357
6%
AUG 2015
12
0%
$2,664,667
-7%
AUG 2014
12
500%
$2,857,000
227%
AUG 2010
2
-78%
$875,000
-70%
AUG 2007
9
baseline
$2,885,000
baseline
YTD 2016
105
14%
$3,974,011
6%
Date
© Westside Estate Agency
6
90077 Avg. Price Per Transaction
AUGUST 2016
Price in millions
5
Number of Sales
HHHHHHHHHHHH HH
4 3
Avg. Price per transaction
2
$ 1 0
AUG
2007
2010
2014
2015
2016
2,776,425
AUGUST 2007 Number of Sales
number of sales
HHHH Avg. Price per transaction $
2,180,000
AUGUST 2016 vs 2007 AUG
2007
2010
2014
2015
2016
+250% Sales
+27% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
14
180%
$2,776,425
22%
AUG 2015
5
-44%
$2,276,800
-45%
AUG 2014
9
200%
$4,123,444
96%
AUG 2010
3
-25%
$2,104,000
-3%
AUG 2007
4
baseline
$2,180,000
baseline
YTD 2016
79
3%
$5,066,594
-21%
Date
© Westside Estate Agency
7
90046 Avg. Price Per Transaction
AUGUST 2016
Price in millions
2.5
Number of Sales
HHHHHHHHHHHH HHHHHHHHHHHH HHHHHHH
2.0 1.5
Avg. Price per transaction
1.0
$ 0.5 0.0
AUG 2007
2010
2014
2015
2016
2,246,321
AUGUST 2007 Number of Sales
number of sales
HHHHHHHHH Avg. Price per transaction $
1,526,944
AUGUST 2016 vs 2007 AUG 2007
2010
2014
2015
2016
+244% Sales
+47% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
31
24%
$2,246,321
52%
AUG 2015
25
39%
$1,478,080
-14%
AUG 2014
18
200%
$1,712,861
105%
AUG 2010
6
-33%
$836,417
-45%
AUG 2007
9
baseline
$1,526,944
baseline
YTD 2016
209
11%
$1,821,556
5%
Date
© Westside Estate Agency
8
90265 Avg. Price Per Transaction
AUGUST 2016
Price in millions
8
Number of Sales
7
HHHHHHHHHHHH HHHHHHHHHHHH HHH
6 5 4
Avg. Price per transaction
3
$
2 1 0
AUG 2007
2010
2014
2015
2016
3,636,056
AUGUST 2007 Number of Sales
number of sales
HHH Avg. Price per transaction $
3,911,500
AUGUST 2016 vs 2007 AUG 2007
2010
2014
2015
2016
+800% Sales
-7% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
27
145%
$3,636,056
-23%
AUG 2015
11
-15%
$4,737,545
-21%
AUG 2014
13
63%
$6,030,269
21%
AUG 2010
8
167%
$4,988,500
28%
AUG 2007
3
baseline
$3,911,500
baseline
YTD 2016
161
36%
$4,101,732
-4%
Date
© Westside Estate Agency
9
90272 Avg. Price Per Transaction
AUGUST 2016 Number of Sales
Price in millions
5
HHHHHHHHHHHH HHHHHHHHHHHH HHHHHHHHHHH
4 3
Avg. Price per transaction
2
$ 1 0
AUG
2007
2010
2014
2015
2016
4,149,601
AUGUST 2007 Number of Sales
number of sales
HHHHHHHHH Avg. Price per transaction $
2,916,722
AUGUST 2016 vs 2007 AUG
2007
2010
2014
2015
2016
+289% Sales
+42% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
35
67%
$4,149,601
17%
AUG 2015
21
24%
$3,538,957
26%
AUG 2014
17
42%
$2,808,441
13%
AUG 2010
12
33%
$2,488,458
-15%
AUG 2007
9
baseline
$2,916,722
baseline
YTD 2016
201
16%
$3,396,522
1%
Date
© Westside Estate Agency
10
90024 Avg. Price Per Transaction
AUGUST 2016
Price in millions
15
Number of Sales
HHHHHHHH
12
Avg. Price per transaction
9
$
6
*This zip code’s monthly average is skewed by the $100,000,000 sale of the Playboy Mansion.
3 0
AUG 2007
14,578,439*
2010
2014
2015
2016
AUGUST 2007 Number of Sales
number of sales
HH Avg. Price per transaction $
2,500,000
AUGUST 2016 vs 2007 AUG 2007
2010
2014
2015
2016
+300% Sales
+483% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
8
14%
$14,578,439*
294%
AUG 2015
7
-13%
$3,697,143
-46%
AUG 2014
8
300%
$6,796,818
240%
AUG 2010
2
0%
$2,000,000
-20%
AUG 2007
2
baseline
$2,500,000
baseline
YTD 2016
68
79%
$4,488,232
60%
Date
© Westside Estate Agency
11
90049 Avg. Price Per Transaction
AUGUST 2016
Price in millions
5
Number of Sales
HHHHHHHHHHHH HHHHHHHHHHHH HHHHHHHHHHHH HHHH
4 3 2
Avg. Price per transaction 1
$
0
AUG 2007
2010
2014
2015
2016
number of sales
2,850,238
AUGUST 2007 Number of Sales
HH Avg. Price per transaction $
1,832,500
AUGUST 2016 vs 2007 AUG
2007
2010
2014
2015
2016
+1900% Sales
+56% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
40
90%
$2,850,238
-16%
AUG 2015
21
-9%
$3,390,786
-23%
AUG 2014
23
188%
$4,381,852
142%
AUG 2010
8
300%
$1,810,500
-1%
AUG 2007
2
baseline
$1,832,500
baseline
YTD 2016
197
24%
$3,457,880
-4%
Date
© Westside Estate Agency
12
90025 Avg. Price Per Transaction
AUGUST 2016
Price in millions
1.5
Number of Sales
HHHHH
1.2
Avg. Price per transaction
0.9
$ 0.6
1,362,200
0.3 0.0
AUG
2007
2010
2014
2015
2016
AUGUST 2007 Number of Sales
number of sales
HH Avg. Price per transaction $
1,475,000
AUGUST 2016 vs 2007 AUG 2007
2010
2014
2015
2016
+150% Sales
-8% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
5
-38%
$1,362,200
20%
AUG 2015
8
14%
$1,139,375
-12%
AUG 2014
7
133%
$1,297,714
49%
AUG 2010
3
50%
$873,500
-41%
AUG 2007
2
baseline
$1,475,000
baseline
YTD 2016
53
20%
$1,413,160
2%
Date
© Westside Estate Agency
13
90402 Avg. Price Per Transaction
AUGUST 2016
Price in millions
4.0
Number of Sales
3.5
HHHHHHHHHHH
3.0 2.5 2.0
Avg. Price per transaction
1.5
$
1.0 0.5 0.0
AUG
2007
2010
2014
2015
2016
3,904,682
AUGUST 2007 Number of Sales
number of sales
Avg. Price per transaction
Not Avail. AUGUST 2016 vs 2007 AUG
2007
2010
2014
2015
2016
+/-0% Sales
+/-0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
11
57%
$3,904,682
26%
AUG 2015
7
0%
$3,107,792
0%
AUG 2014
7
17%
$3,094,500
-5%
AUG 2010
6
N/A
$3,259,417
N/A
AUG 2007
0
baseline
N/A
baseline
YTD 2016
73
30%
$4,460,226
8%
Date
© Westside Estate Agency
14
90005 Avg. Price Per Transaction
AUGUST 2016
Price in millions
4.0
Number of Sales
3.5
HHHHHH
3.0 2.5
Avg. Price per transaction
2.0
$
1.5
3,356,667
1.0 0.5 0.0
AUG 2007
2010
2014
2015
2016
AUGUST 2007 Number of sales
number of sales
HH Avg. Price per transaction $
2,000,000
AUGUST 2016 vs 2007 AUG
2007
2010
2014
2015
2016
+200% Sales
+68% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
6
50%
$3,356,667
-10%
AUG 2015
4
0%
$3,727,250
44%
AUG 2014
4
300%
$2,587,500
225%
AUG 2010
1
-50%
$795,000
-60%
AUG 2007
2
baseline
$2,000,000
baseline
YTD 2016
27
13%
$1,934,285
-15%
Date
© Westside Estate Agency
15
90027 Avg. Price Per Transaction
AUGUST 2016
Price in millions
2.0
Number of Sales
HHHHHHHHHHHH HHHHH
1.5
1.0
Avg. Price per transaction $
0.5
0.0
AUG
1,554,618
AUGUST 2007 2007
2010
2014
2015
2016
Number of Sales
number of sales
HHH Avg. Price per transaction $
951,333
AUGUST 2016 vs 2007 AUG
2007
2010
2014
2015
2016
+467% Sales
+63% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
17
-15%
$1,554,618
-8%
AUG 2015
20
233%
$1,696,750
-12%
AUG 2014
6
100%
$1,917,417
55%
AUG 2010
3
0%
$1,240,000
30%
AUG 2007
3
baseline
$951,333
baseline
YTD 2016
126
25%
$1,583,941
8%
Date
© Westside Estate Agency
16
90064 Avg. Price Per Transaction
AUGUST 2016 Number of Sales
Price in millions
2.5
HHHHHHHHHHHH HHHHHHHHHHHH H
2.0 1.5
Avg. Price per transaction $
1.0
2,137,220
0.5 0.0
AUGUST 2007
AUG 2007
2010
2014
2015
2016
Number of Sales
number of sales
HHHHHHHHHHH Avg. Price per transaction $
1,308,955
AUGUST 2016 vs 2007 AUG
2007
2010
2014
2015
2016
+127% Sales
+63% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
25
32%
$2,137,220
38%
AUG 2015
19
19%
$1,546,163
4%
AUG 2014
16
129%
$1,485,906
6%
AUG 2010
7
-36%
$1,395,714
7%
AUG 2007
11
baseline
$1,308,955
baseline
YTD 2016
155
38%
$1,771,024
23%
Date
© Westside Estate Agency
17
90291 Avg. Price Per Transaction
AUGUST 2016
Price in millions
2.0
Number of Sales
HHHHHHHHHHHH HHHHHHH
1.5
Avg. Price per transaction
1.0
$ 0.5
0.0
AUG 2007
2,068,368
AUGUST 2007 2010
2014
2015
2016
Number of Sales
number of sales
HHHHHHHH Avg. Price per transaction $
1,696,438
AUGUST 2016 vs 2007 AUG 2007
2010
2014
2015
2016
+138% Sales
+22% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
19
171%
$2,068,368
1%
AUG 2015
7
-50%
$2,056,214
4%
AUG 2014
14
367%
$1,978,500
10%
AUG 2010
3
-63%
$1,803,333
6%
AUG 2007
8
baseline
$1,696,438
baseline
YTD 2016
130
15%
$1,953,851
1%
Date
© Westside Estate Agency
18
90292 Avg. Price Per Transaction
AUGUST 2016 Number of Sales
Price in millions
2.5
HHHH
2.0 1.5
Avg. Price per transaction
1.0
$
2,046,500
0.5
AUGUST 2007
0.0
AUG 2007
2010
2014
2015
2016
Number of Sales
number of sales
H Avg. Price per transaction $
1,600,000
AUGUST 2016 vs 2007 AUG 2007
2010
2014
2015
2016
+300% Sales
+28% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
4
33%
$2,046,500
9%
AUG 2015
3
200%
$1,872,000
-20%
AUG 2014
1
N/A
$2,350,000
N/A
AUG 2010
0
-100%
N/A
-100%
AUG 2007
1
baseline
$1,600,000
baseline
YTD 2016
25
19%
$2,157,860
-2%
Date
© Westside Estate Agency
19
90293 Avg. Price Per Transaction
AUGUST 2016
Price in millions
2.0
Number of Sales
HHH
1.5
Avg. Price per transaction $
1.0
1,553,000
0.5
0.0
AUG
2007
2010
2014
2015
2016
AUGUST 2007 Number of Sales
number of sales
Avg. Price per transaction
Not Avail. AUGUST 2016 vs 2007 AUG
2007
2010
2014
2015
2016
+/-0% Sales
+/-0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
3
200%
$1,553,000
-1%
AUG 2015
1
0%
$1,570,000
12%
AUG 2014
1
N/A
$1,399,000
N/A
AUG 2010
0
N/A
N/A
N/A
AUG 2007
0
baseline
N/A
baseline
YTD 2016
31
19%
$1,515,016
-22%
Date
© Westside Estate Agency
20
Miami market view
metro Miami overview avg. Price Per Transaction
Number of Sales
2.5
Price in millions
H = 20
AUGUST 2016
HHHHHHH 2.0
AVg. Price per transaction 1.5
$
1.0
H = 20
AUGUST 2007
0.5
Number of Sales
0.0
AUG
2,242,379
2007
2010
2014
2015
2016
HHHHH
number of sales avg. Price per transaction $
2,167,900
AUGUST 2016 vs 2007 AUG 2007
2010
2014
2015
2016
+33% Sales
+3% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
AUG 2016
126
-10%
$2,242,379
-1%
AUG 2015
140
-17%
$2,267,985
1%
AUG 2014
168
121%
$2,255,768
33%
AUG 2010
76
-20%
$1,697,628
-22%
AUG 2007
95
baseline
$2,167,900
baseline
YTD 2016
1215
-19%
$2,322,868
1%
Date
© Westside Estate Agency
21
2007
2010
2014
Zip Code
Sales
Average Price
Sales
Δ vs ‘07
Average Price
Δ vs ‘07
Sales
Δ vs ‘10
Average Price
Δ vs ‘10
90210
56
$5,143,947
73
30%
$4,719,659
-8%
147
101%
$5,261,745
11%
90211
8
$1,595,752
13
63%
$1,510,692
-5%
22
69%
$1,778,659
18%
90069
37
$2,518,770
28
-24%
$2,036,964
-19%
72
157%
$3,556,375
75%
90077
26
$3,855,446
35
35%
$2,134,229
-45%
60
71%
$6,607,325
210%
90046
54
$1,844,407
65
20%
$986,500
-47%
147
126%
$1,703,616
73%
90265
51
$6,193,539
51
0%
$4,052,314
-35%
102
100%
$3,682,398
-9%
90272
67
$3,239,000
87
30%
$2,154,563
-33%
163
87%
$3,396,152
58%
90024
20
$2,041,550
20
0%
$1,926,875
-6%
50
150%
$6,444,034
234%
90049
56
$3,104,554
89
59%
$2,107,972
-32%
128
44%
$3,543,456
68%
90025
14
$1,039,143
20
43%
$1,002,275
-4%
27
35%
$1,358,370
36%
90402
18
$2,996,778
38
111%
$2,585,487
-14%
46
21%
$4,113,098
59%
90005
4
$1,547,500
9
125%
$874,889
-43%
14
56%
$1,649,500
89%
90027
32
$1,203,551
31
-3%
$1,061,371
-12%
76
145%
$1,506,461
42%
90064
59
$1,251,246
57
-3%
$1,103,956
-12%
108
89%
$1,420,123
29%
90291
41
$1,279,610
47
15%
$1,058,649
-17%
109
132%
$1,793,816
69%
90292
6
$1,710,833
12
100%
$1,639,667
-4%
19
58%
$1,938,979
18%
90293
3
$1,818,500
10
233%
$1,398,000
-23%
19
90%
$1,261,211
-10%
Miami
935
1,989,717
705
-25%
$1,947,963
-2%
1558
121%
$2,256,785
16%
22
PROPERTIES PROPERTIES OF OF $1M $1M OR OR MORE MORE 2015
Δ 2007 vs 2016
2016
Sales
Δ vs ‘14
Average Price
Δ vs ‘14
Sales
Δ vs ‘15
Average Price
Δ vs ‘15
Sales
Average Price
170
16%
$6,662,500
27%
192
13%
$5,784,607
-13%
243%
12%
24
9%
$2,007,229
13%
20
-17%
$2,049,375
2%
150%
28%
92
28%
$3,765,011
6%
105
14%
$3,974,011
6%
184%
58%
77
28%
$6,420,987
-3%
79
3%
$5,066,594
-21%
204%
31%
189
29%
$1,741,546
2%
209
11%
$1,821,556
5%
287%
-1%
118
16%
$4,257,474
16%
161
36%
$4,101,732
-4%
216%
-34%
173
6%
$3,372,597
-1%
201
16%
$3,396,522
1%
200%
5%
38
-24%
$2,812,697
-56%
68
79%
$4,488,232
60%
240%
120%
159
24%
$3,609,407
2%
197
24%
$3,457,880
-4%
252%
11%
44
63%
$1,389,808
2%
53
20%
$1,413,160
2%
279%
36%
56
22%
$4,139,412
1%
73
30%
$4,460,226
8%
306%
49%
24
71%
$2,288,083
39%
27
13%
$1,934,285
-15%
575%
25%
101
33%
$1,469,213
-2%
126
25%
$1,583,941
8%
294%
32%
112
4%
$1,440,598
1%
155
38%
$1,771,024
23%
163%
42%
113
4%
$1,932,845
8%
130
15%
$1,953,851
1%
217%
53%
21
11%
$2,196,714
13%
25
19%
$2,157,860
-2%
317%
26%
26
37%
$1,936,420
54%
31
19%
$1,515,016
-22%
933%
-17%
1494
-4%
$2,289,478
1%
1215
-19%
$2,322,868
1%
60%
15%
23
Success built on superior market knowledge. And understanding our clients. Westside Estate Agency is defined by the values and the vision of its two founders, Stephen Shapiro and Kurt Rappaport. In 1998, Stephen Shapiro and Kurt Rappaport were two of the most well-known, highly compensated realtors in Los Angeles. Still, they felt there had to be a better way to meet the very high expectations and individual needs of their high-net worth clientele. It wasn’t long before the two began making plans for a different kind of brokerage. A real estate agency committed to putting client service first, and completely satisfying the needs and desires of each client. In the words of Stephen Shapiro, “Negotiations conducted with intelligence and integrity result in what we call the ‘triple win.’ Great results for the buyer, the seller, and WEA.” In 1999, Shapiro and Rappaport opened Westside Estate Agency with a focus on the most expensive and prestigious homes and estates in the prime Westside areas of Los Angeles. In 2007, WEA opened its Malibu office to service that world famous community. Today, WEA has a clientele without parallel, at the pinnacle of the
better service to clients. WEA continues to stay on the cutting-edge of innovation, keeping a pulse on and implementing new technologies as soon as they’re available. Stephen and Kurt have assembled a team of full-time real estate pros, known for expertise, experience, integrity and discretion. Each agent possesses an in-depth knowledge of the inventory and current market conditions; our clients turn to us for candid insights into current market value, the sales potential of properties and marketing strategies for our current and prospective clients. Of course, WEA has retained its independence, in the face of widespread acquisition by a handful of impersonal agencies. Remaining independent means we answer to our clients, instead of a corporate headquarters thousands of miles away. It means we don’t need to worry about a conglomerate’s bottom-line or using an in-house escrow or title company; rather, we’re free to focus on getting the best and doing the best for each client. In practical terms, this translates into efficiency
business, financial, technology and entertainment industries generating billions in sales and the highest average price per sale in the industry. The company added its Miami, Florida location in early 2015.
and responsiveness. Making the most of every minute by showing just the homes, in just the neighborhoods, that meet our clients’ criteria. Quite frequently, we’re even able to offer new properties not yet on the market.
Working hand-in-hand with their commitment to tailored service has been the agency’s industry leading application of technology. WEA has been at the forefront in the category for its technology use, from being the first to implement a fully integrated network computing system to the first to use scanning technology, cloud technology, e-signatures and paperless filing to provide
Finally, it means WEA’s agents have a direct conduit to the top. Unlike the non-owner operated, robo brokerages, our principals play a role in, and keep an eye on every WEA transaction. In sense, every WEA client is also a client of Stephen’s and Kurt’s. Which only make sense, as it’s with these two that the WEA story began.
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Contact Us Beverly Hills Office
Malibu Office
Miami Office
Westside Estate Agency 210 North Canon Drive Beverly Hills, CA 90210
Westside Estate Agency 23410 Civic Center Way Malibu, CA 90265
Westside Estate Agency 2100 Ponce de Leon Blvd 7th Floor Coral Gables, FL 33134
Tel: (310) 247-7770 SalesBH@WEAhomes.com
Tel: (310) 456-1171 SalesMalibu@WEAhomes.com
Tel: (305) 447-1471 SalesMiami@WEAhomes.com
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