thesesociety_0md1v7

Basketball Couple Candace Parker & Shelden Williams List Home

BY CATHERINE SHERMAN | Original Article, Zillow.com

After five years, they’re moving to another Southern California home with more room to grow as a family.

Athletes’ homes often show signs of their owners’ careers — whether a framed jersey on the wall or a sport court in the backyard. WNBA MVP Candace Parker and her husband, former NBA player Shelden Williams, have left their mark in the master bathroom.

“They enlarged the shower to accommodate two people over 6 feet tall,” said The Agency’s Kofi Natei Nartey, who holds the listing for the couple’s home. “It can probably fit five to six people.”

The couple bought the contemporary Mediterranean home in L.A.’s Playa Vista neighborhood in 2008.

“Our family loved its convenience and community,” said Parker, who plays for the Los Angeles Sparks. “Playa provided us with a great environment to raise our daughter and walk our dogs!”

After five years, the couple have decided to list the home at 13077 Kiyot Way for $1.499 million — $280,000 less than they bought it for, but still on the high end for the Playa Vista real estate market.

“They purchased another [Southern California] home with more room to grow as a family,” Nartey explained.

But with 4 bedrooms and 4 baths, the house they’re leaving behind is anything but small.

“It’s one of the largest homes in the development,” Nartey said. “That’s why it’s a little more [expensive] than others in the area.”

To be exact, the home is 134.5 percent more expensive than the midpoint Playa Vista home. However, it’s priced 10.8 percent less per square foot.

“We’re under $400 per square foot, and homes have sold for well into the $400 range in the area,” Nartey said. “Also, it’s one of a few free-standing homes in the neighborhood — several have shared walls.”

Other highlights of the home include an open floor plan with a large entertaining space, dark hardwood floors on the main level and several archways.

Using Zillow’s mortgage calculator, a buyer of this home can expect a monthly payment around $5,862, assuming 20 percent down on a 30-year fixed mortgage.

Photos courtesy of Andrea Gadioma.

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Luxe Agent: HGTV ‘Selling LA’ Star Kofi Natei Nartey of The Agency

By Trulia HQ Blog | Original Article, Trulia HQ

If you’re like us at Trulia HQ, you watch every episode of Selling LA on HGTV. We had the chance to chat with one of the stars, Kofi Natei Nartey of The Agency. Not only is Kofi an amazing real estate agent, he’s a really nice guy with an incredible passion for his job.

In his day job as an agent, Kofi is a luxury homes specialist and the Director of the Sports & Entertainment Division at The Agency in Beverly Hills, CA. He has over 10 years of luxury real estate experience and has had millions of dollars in luxury real estate sales. Kofi attended and played football at UC Berkeley (go Bears!), and completed his MBA at Pepperdine University. He went on to play professional sports and has acted in numerous commercials, television shows, and films. His experience in sports and entertainment makes him the go-to guy for professional athletes, entertainers, and other distinguished clientele in luxury real estate. Because of his real estate success, Kofi is also a regularly featured agent on HGTV’s Selling LA. He has quickly become a trusted resource for the luxury real estate market, often called on for speaking engagements and as an industry expert.

Let’s learn even more about Kofi!

How did you get your start in real estate?

I have always liked architecture and working with people, so the real estate business seemed interesting. But, it was the day one of my good friends showed me her first commission check that I finally made the leap. That was 10 years ago, and I haven’t looked back since.

What sale or career milestone are you most proud of?

Several of the deals I have been able to close took serious negotiating ability and creativity to close. When these tough deals close, I feel the proudest. Recently, I closed a deal for Kevin Durant of the Oklahoma City Thunder. That was cool because he is so relevant in sports right now. My sports and celebrity clients usually come with interesting experiences and cool properties. Unfortunately, I can’t always name names.

What is your dream home location?

There are a few homes in the community of One Westbluff near Playa del Rey that have an amazing combination of city and ocean views. You get the best of both worlds in these newer homes that are centrally located and have great floor plans. I actually know the exact house in that neighborhood that I want, and in a few years, I am going to knock on their door and make them an offer. Let’s hope they accept.

What kind of car do you drive?

We have a couple of cars in our household, but my favorite to drive is my 1975 MG Convertible. I get the most looks and fun comments from my clients when I show up in this vintage roadster. It also has sentimental value, because it is the same age as me. Hopefully, I can also become more valuable with age.

iPhone, Android or BlackBerry?

iPhone AND Blackberry. Yes, I have two phones. I have a Blackberry for work and an iPhone for my personal use. I am excited to try out the Blackberry Z10.

What site/app do you check first when you wake up?

Pulse. It’s an app on the iPhone. It allows you to consolidate several categories of news feeds into one place, with snapshots of headline stories. I have links to real estate publications, sports news, and a category I call “Mantime.” Mantime includes links on cars, fitness, and GQ (gotta look sharp in this biz).

What was the last book you read?

I have a stack of business, sales, and motivational books next to my bed. I usually read or reread a chapter from a different book each night. The two books I am alternating between right now are Selling Luxury Homes by Jack Cotton and High Performance Coaching by Steven Griffith for motivation.

Name your favorite guilty pleasure

Watches. I have about 40 watches in my collection. I have special cases for them, and watch winders for my automatic watches. My favorite watch is my Rado Jubile’. It is classy, sleek, and indestructible. My favorite everyday watch brand is Invicta. They are relatively inexpensive, well made, and I have at least 5 of them.

What’s one thing someone would never guess just by looking at you?

I have an addiction to food. I love a great meal, and desserts are my favorite. I try to work out regularly to make room for this addiction. I also remind myself that reward meals lead to a trophy belly, and I have enough trophies from my days playing sports.

If you weren’t selling real estate, what else could you see yourself doing?

More motivational speaking. “Focus and Finish” is my mantra, and I have delivered dozens on sales trainings and motivational talks around this premise. I like teaching and could see myself doing more speaking engagements. It’s a great feeling when you see an idea resonate with someone and you know it is going to affect their life in a positive way.

What’s your “claim to fame?”

Currently, I am a regularly featured agent on HGTV’s Selling LA. The show follows me as I work with buyers and sellers in the luxury market. Many of my clients enjoy getting to see themselves on TV, and my wife gets to tease me about being a reality TV personality. The show continues to be great for my business. Prior to Selling LA, my “claim to fame” would have to be my acting career. I have been in dozens of national commercials, TV shows and films, including my role as Rasul in the film Kick-Ass.

If you could switch places with anyone in the world, who would it be and why?

Iron Man. He’s cool, rich, has amazing “toys”, and he helps people. Not to mention, he can fly.

Check out Kofi’s amazing for-sale listings!

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Behind the Scenes of HGTV’s ‘Selling LA’

BY CATHERINE SHERMAN | Original Article, Zillow.com

There’s a lot to consider when deciding to air your personal life on reality TV. And when it’s your business in the spotlight, there’s even more at stake. But for real estate agents Kofi Natai Nartey and Katy Landrum, there was more to gain than lose from joining the cast of HGTV’s “Selling LA.”

There’s a lot to consider when deciding to air your personal life on reality TV. And when it’s your business in the spotlight, there’s even more at stake. But for real estate agents Kofi Natei Nartey and Katy Landrum, there was more to gain than lose from joining the cast of HGTV’s “Selling LA.”

As the director of The Agency‘s Sports & Entertainment Division serving high-profile athletes and celebs, Nartey saw “Selling LA” as an opportunity to show a more human side of his Hollywood clients.

Landrum is a real estate agent primarily serving West Los Angeles. She’s had a lot of fun — and laughs — with her clients on the show, learning how to do her day job in front of the camera.

We spoke with Nartey and Landrum to learn more about their experiences behind the scenes of “Selling LA.” Here’s what they had to say.

Zillow: What’s it like being on a reality TV show? Is there a lot of drama?

Nartey: There’s not a lot of drama. That’s part of why I agreed to be on the show. With reality TV, it can hurt or benefit your business. On “Selling LA,” the drama in the show is what we are experiencing in real life. For example, if we are facing a deadline to get a property sold or a fire-drill during a sale — it’s not fabricated.

Landrum: The whole experience has been fun and challenging. Having no prior camera experience, it was hard to act like completely natural like no cameras were around. But I have found it easier as I’ve done more episodes.

Zillow: Does being part of the cast affect your day-to-day job? If so, how?

Nartey: Sometimes for reality TV, it’s “scripted reality” if you will. But on “Selling LA,” if I don’t have a property to sell, we are not shooting. So it’s done in real time. When I have something scheduled, I let them know and we coordinate the cameras around that. It can be fun; it can also be time-consuming.

Zillow: What’s so different about selling Los Angeles real estate that makes it entertaining for television?

Nartey: The L.A. market offers a unique variety of homes and neighborhoods. It’s like Disneyland with Fantasy Land, Frontier Land, etc. Los Angeles has so many pockets. And within those mini markets, some neighborhoods have traditional Spanish homes, others have mainly Craftsmans, and Hollywood Hills has a lot of modern homes. I think this offers enough variety to do season after season.

Landrum: The scenery and homes here are so unique to the rest of the country! I say to myself on a daily basis how lucky I am to live here … there is nowhere better. Having grown up in Seattle, I truly appreciate the clear blue skies appearing on a daily basis.

Nartey: The show also offers a glimpse into ultra-luxurious homes — we’re talking $20 million-plus.

Zillow: How do your clients feel about the show?

Landrum: Fortunately, my clients have all been very cool with being on the show. My episode with the fabulous interior designers Chris Barrett and Jenika Kurtz was the best! We laughed for hours and made fun of each other for stupid words and things we said. Then, we all watched it together and laughed the entire time. Best experience ever! So fun. I’ll never forget it and will have the video forever to go back and watch.

Nartey: Clients have opted to participate and usually enjoy the process. Life brings stress anyway and we don’t bring additional stress. And, if there is something my clients want to showcase — something about their own lives beyond being a celebrity or athlete — it’s an opportunity. Maybe they want to promote a charity, for example.

Zillow: How do you choose the homes to be on the show?

Nartey: It’s sort of a recipe: a great property, an interesting client or story. Earlier seasons were primarily about the properties, but now they want interesting stories of individuals or how they handle selling one of their properties.

Landrum: I choose properties that I like personally and go from there.

Nartey: Also, I only pick people that actually want to do the show. Some clients don’t want to be on reality TV, and I respect that.

Zillow: What have you learned from being on “Selling LA”?

Landrum: I have learned that when opportunities are presented in your life, you have to take them with no regrets. You can’t take yourself too seriously and just have fun everyday because life is too short not to enjoy the ride.

Nartey: It’s all in good fun. I love seeing my clients enjoy the process and capture those moments where we have a victory. I get asked if the show actually helps my clients, and yes, the show is definitely beneficial. For my clients selling properties, it gives them additional exposure. Some stories will show homes that don’t sell, but once the show airs for a national audience, it generates a huge bounce in the number of people viewing that listing.

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Secret home deals of the rich and famous

By LAUREN BEALE | Original Post, L.A. Times

Despite the transparency created by the Internet information explosion, many celebrities and billionaires still try to approach home listing, selling and buying in stealth mode.

This week’s Hot Property column looks at Madonna shifting gears from a privately shown “pocket listing” last year to an aboveboard one on the Multiple Listing Service to sell her Beverly Hills mansion. Listed at $22.5 million, the compound has been posted with just one aerial photo. Video guest Kofi Natei Nartey of the Agency in Beverly Hills sheds some light on why no one is talking about those secret interiors.

Also discussed is the Malibu estate that sold for a local record of $75 million and the name of the buyer has yet to appear. Why make the most expensive beach purchase in Malibu if you want to stay under the radar? It’s a small town, after all.

For Sinatra fans, the chat turns to daughter Nancy Sinatra’s 16-day turnaround from listed to sold in Santa Monica — for above the asking price.

And a restored old Hollywood haunt, a onetime home of Samuel Goldwyn (think G in MGM), looks like a good catch for the buyer.

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Q&A: Kofi Natei Nartey, LA Luxury Real Estate, Broker to Sports, Movie Stars

by Darren Sands | Original article, Black Enterprise

Go ahead and watch Kofi Natei Nartey sell a house to former NFL star Marcellus Wiley, and you’ll quickly get why the real estate industry in southern California is buzzing about one of its up and coming stars. Mr. Nartey is an agent at The Agency RE, in Beverly Hills (he leads its sports and entertainment division), and his experience is primarily in Los Angeles’s booming luxury market. He is also a featured agent on HGTV’s Selling LA. We talked to him about his goals, professionalism and one very common misperception about the luxury market in L.A.

BlackEnterprise.com: People who have worked with you rave about your professionalism. Talk to us about what they’re referring to.

Kofi Natei Nartey: A professional is a person who is committed to learning and training at a specific craft, and consistently executes at a high level. My clients appreciate my command of the real estate industry, and my ability to bring a level of calm to what can be a highly emotional transaction. Also, I am extremely responsive to my clients’ needs.

Simply stated, people like to know they are in good hands. I have been in this business for over ten years, have closed millions of dollars in transactions, and have trained hundreds of agents. I put every bit of this experience to work for my clients. Also, the majority of my clients come from the sports and entertainment industries and I have had experience in both. That helps me relate to their lifestyles. I understand things like the need for taller doorways or countertops for my NBA clients, or a screening room for my actors, directors, and producers.

What is different about working with celebrity clients and do you have a preference?

Privacy and trust become more critical when working with celebrity clients. Once that trust is established, however, it is a more complete trust. They want to find the best person for the job, turn the work over to that person, and focus on what they do best. Working with my team allows them to stay focused on their craft, while we take care of their real estate needs.

Also, we often work with a representative for the celebrity for a large part of the transaction. Most celebrity clients have managers, agents, and assistants that become an integral part of the buying or selling process. We work with them as a team to take care of the client’s needs. When the celebrity is available, flexibility and agility are important to make everything work with their schedule. I once received a call that one of my celebrity clients was arriving in town in two hours and wanted to see homes that day. We made it happen.

As for a preference, I truly enjoy working with both celebrity and non-celebrity clients because I enjoy working with people. It is very rewarding helping clients with the major transition that real estate can be. It can be just as exciting to help the newly signed athlete find a hip/modern pad as it is to help first time parents find the right family home.

What are your first questions to a high profile client? You seem rather comfortable with former NFL player Marcellus Wiley. How do you establish that relationship with your clients? Is it a balance?

Understanding my client’s motivation for buying or selling a home is most important. Their “Big Why” is what will drive many aspects of their real estate decisions. It is also important to assess their needs as thoroughly as possible up front. That way, I don’t have to waste their time with properties or issues that can be handled by me and my team. Understanding the client’s needs helps me service them better and make the most of my time with them.

There is definitely a careful balance between the business and personal relationship. I get along well with almost all of my clients, but what is most important is finding or selling their home. Closing the deal is usually a prerequisite for any relationship beyond the transaction. I have been invited to movie premieres, concerts, sporting events, and parties. These invites may have come because I was likeable, but more importantly, I delivered on my professional promise and took care of their real estate needs.

What’s the one or two things about luxury real estate people only slightly familiar with the marketplace would be surprised to know?

I sometimes speak at national real estate conventions, and those audiences are always shocked to hear what is NOT considered luxury in the Los Angeles market. I have sold $1M and $2M properties that were not considered luxury homes in Los Angeles. It really depends on the size and location of the property.

People are also surprised to hear stories about clients paying millions of dollars for a property, only to completely remodel it or even tear it down. At the higher price points, people are used to getting exactly what they want. This is the case with their properties as well. One of my colleagues sold a $17M house to a gentleman who bought it to live in while his primary residence was remodeled.

Also, I am often asked what particular celebrities are like to work with. Unfortunately, I can’t always say. It does not pay to kiss and tell in this business.

What are your plans for the future?

I believe we all have a responsibility to discover all of our gifts and talents and share them with the world. We must work to realize our potential in whatever field we are in, and I want to seize all of the opportunities that real estate has placed in front of me.

Ultimately, I will continue to build my team of agents as I pursue my goal of becoming the top sports and entertainment real estate broker in the country. Along the way, I hope to assist and inspire other young agents to have the courage to blaze a path where one never existed.

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Pulling a Zuckerberg: Why Tech Titans Are Buying Neighbors’ Homes

BY CATHERINE SHERMAN | Original Article, Zillow.com

Are tech bosses looking for privacy or is this new breed of celebrity rewriting the high-end real estate playbook?

As Mark Zuckerberg’s social networking company, Facebook, celebrates its 10th anniversary tomorrow and has worldwide usage by 1.23 billion people, the tech titan finds himself at the forefront of a real estate trend: tech bosses who are buying up their neighbors’ properties.

Zuckerberg made headlines last fall when he reportedly spent $30 million to purchase four of his neighbors’ homes. Not only were the homes not on the market, but Facebook’s chairman and chief executive officer turned around and leased them back to their original owners.

Two weeks later, Yahoo CEO Marissa Mayer reportedly bought a funeral home near her residence, with the Daily Mail proclaiming, “Yahoo! Marissa Mayer does a Zuckerberg and starts to buy up her neighborhood.” Three days later, the Silicon Valley Business Journal announced “Elon Musk pulls a Zuckerberg,” when news surfaced that the inventor and Tesla Motors CEO had purchased a home across the street from his Bel-Air pad.

While this tech titan home-buying spree was newsworthy in its own right, buying up neighbors’ homes is not a new phenomenon. From Brad Pitt to Reese Witherspoon, celebs long have been known for making multiple real estate moves in their neighborhoods. The question is whether tech titans have the same motives as Hollywood stars or if this new breed of celebrity is rewriting the high-end real estate playbook. To find out, we asked The Agency’s Kofi Natei Nartey, who helps celebrities and athletes buy and sell homes on HGTV’s “Selling LA,” and Silicon Valley real estate agents of the Boyenga Team to share their insight.

Privacy is paramount

According to Nartey, it’s common for Hollywood stars to purchase neighbors’ homes as a way of protecting their privacy.

“It’s a way to control who is your neighbor,” Nartey explained. “In the Hills, there are homes with amazing views, but with that comes limited privacy.”

Eric Boyenga says it’s the same for high-profile tech execs, who are increasingly becoming household names.

“It’s not uncommon for entrepreneurs to purchase neighbors’ property,” he said. “In the social era of today, those like Zuckerberg tend to be a mix of Hollywood star and tech titan, whereas a lot of execs in the past didn’t get a lot of fanfare.”

A normal quality of life

But unlike A-list celebs who are accustomed to dodging paparazzi, Boyenga says tech bosses are often in search of a more “normal” quality of life.

“We’re more engineer-driven here. Execs don’t want any news about them,” he said. “For a celebrity, that’s par for their course, but for a tech entrepreneur, they want the focus on their firm and [to have] a life outside of that.”

Younger tech company execs — including 29-year-old Zuckerberg — are drawn to the vibrant culture in Palo Alto.

Zuckerberg purchased three homes behind him and the one next door in his Palo Alto neighborhood.

“We have hills like the Hollywood Hills here that are more private, gated estates with views,” Boyenga said. “But, Palo Alto is where things are happening. It’s a very idyllic neighborhood and a great place to raise a family.”

He says most people who move to Palo Alto want to keep the neighborhood the way it is, and tech entrepreneurs are no exception. For instance, when Zuckerberg began buying additional homes in his neighborhood in December 2012, it was because he reportedly learned of a developer’s plans to capitalize on his residence in the area.

“These are tech titans that want to be part of their community but also want to make sure they don’t have someone move in next door that they don’t want there,” he explained. “It’s not a control thing as much as about quality of life.”

No way to buy bigger

Because Silicon Valley entrepreneurs are drawn to historic neighborhoods such as Old Palo Alto and Crescent Park, they’re subject to a competitive market.

“Inventory is so hard to come by,” said real estate agent Janelle Boyenga, Eric’s wife. “What we’ve seen is people are buying properties and keeping them to pass on to generations to come. Inventory is only going to get tighter as the years go by.”

And, unlike celebs who buy sprawling Beverly Glen estates or Manhattan penthouses spanning multiple floors, execs living in the Valley don’t always have the choice to buy a bigger home.

“In Old Palo Alto, there are not many large lots. Most are less than a quarter of an acre,” Eric Boyenga said. “Only a handful are half an acre, and they just don’t get sold off.”

Making room for friends & family

But when tech titans buy neighboring properties, it instantly raises questions about what they’re going to do with the lot and how it will impact the neighborhood.

“Marissa Mayer [buying the funeral home] — I’m curious about that one,” Boyenga said. “It could just sit there for years to keep a big development from coming near her property.”

He’s skeptical that Mayer can drastically change the property, even if she wants to, because of building restrictions. For this reason, Boyenga says most people tend to use neighboring property as a place to have friends come and visit.

“It’s not easy to buy a parcel and take the house down,” he said. “Most of these people are looking to use for guesthouse purposes or just for privacy.”

Rumors about high-profile real estate purchases are common — fashion mogul Kimora Lee Simmons’ reported 2009 purchase of her neighbor’s tennis court to build a pool is a good example. Nartey points out that often rumors are just because, frankly, it’s very difficult to drastically change a residence in L.A.

“You have to get permits from the city for any remodel or new construction — anything that might undermine the aesthetics of the neighborhood,” he said.

At the end of the day, whether celebrity or tech titan, it’s about finding a place to call home.

“More than anything else these buyers are buying for privacy and quality of life,” Boyenga said.

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Luxury housing boom in U.S. is still playing out

By LAUREN BEALE | Original Article, L.A. Times

Agents Jack Cotton of Cotton Real Estate, Kofi Nartey of the Agency and David Boehmig of Atlanta Fine Homes discuss the state of the luxury home market at a panel moderated by Alyssa Abkowitz of the Wall Street Journal. (Lauren Beale/Los Angeles Times)

ATLANTA — The U.S. luxury home market is being driven to new heights by relatively low prices, low interest rates and a more stable economy than in many countries, experts say.

Buyer interest is recovering quickly, said Kofi Nartey of the Agency in Beverly Hills, who was part of a panel of real estate agents speaking at the National Assn. of Real Estate Editors conference in Atlanta. “That tends to be the trend with the generation now. We get a lot of immediate gratification and bounce back.”

Among those buying are people in the sports world, whose accountants are suggesting they get into real estate, Kofi said.

On the East Coast, boomers are buying luxury second homes as a reward for a lifetime of hard work, said Jack Cotton of Cotton Real Estate. “A property on Cape Code may function as a magnet for bringing family back together.”

Younger people are buying second homes for aspirational reasons, Cotton said. “They want to grow into the person who would have a beautiful property like this.”

International buyers in his market are looking for homes with a tale to tell or an architect of note. A portrait of the original owner’s wife at a house built in 1880 has hung to the left of the fireplace since the house was constructed. “That kind of story would appeal to an international buyer.”

Luxury housing agents from around the nation are reaching out to international buyers. Even though they make up only about 5% of the Atlanta market, David Boehmig of Atlanta Fine Homes said he is planning on traveling to Hong Kong to take part in a real estate show. “It’s an expensive proposition.”

Some brokers are working in conjunction with art sales in far-flung locales in Asia. Attendees have to pass displays of luxury properties on their way to the show.

Bus tours of potential international buyers have been taking place in the Los Angeles market for the last several years.

West Coast buyers in the $20-million price range are looking for a wow factor, Nartey said. One house being built in Beverly Hills will be surrounded by a moat.

Where luxury prices end up in this boom has yet to play out, but the Multiple Listing Service recently experienced a new high with a $190-million estate in Greenwich, Conn. California had 697 home sales at $5 million and over last year for an all-time high, Nartey said.

“I definitely think we will see a $250-million listing,” he said. “Price at that level is just a suggestion.”

Just having the highest price in a market will have people lining up, Nartey said, and quickly reach the top-tier buyers.

“Some of the numbers are justifiable and some are slightly arbitrary,” he said. His office is marketing the home of a sports star for whom the No. 25 is significant, he said. “So we listed it at $25 million.”

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Many pro athletes are drawn to L.A.’s beach cities, Calabasas

By NEAL J. LEITEREG | Original article, L.A. Times

Dustin Brown and the Los Angeles Kings ride through Hermosa Beach during a Stanley Cup victory parade. (Jabin Botsford / Los Angeles Times)

The South Bay, with its low-key atmosphere and sought-after beachfront, has been attracting athletes since the 1980s, when the Joe Montana-led 49ers were Super Bowl fixtures, Kurt Rambis was minting four NBA title rings with the Lakers, and Steve Sax and the Dodgers made their last two World Series appearances.

Montana, Rambis and Sax each called L.A.’s beach cities home during those championship years. The Los Angeles Kings roster, Lakers players and coaches as well as athletes for teams outside of California have joined the most recent wave of residents.

In the South Bay, Manhattan Beach and Hermosa Beach have been some of the most popular spots, particularly among the reigning Stanley Cup Champions. Last year, Kings center Jeff Carter paid $5.25 million for a home in Hermosa Beach, near the team’s practice facility in El Segundo. Fellow teammates, including team captain Dustin Brown and goalie Jonathan Quick, followed suit, each buying homes in Manhattan Beach.

“There is a high congregation of hockey players in the South Bay, Manhattan Beach in particular,” said Kofi Natei Nartey, director of the sports and entertainment division at the Agency. “But you also see a lot of out-of-state players who want to live here and train in more favorable conditions.”

Diana Taurasi, the former Connecticut Huskies basketball star who currently plays for the Phoenix Mercury, became a resident of L.A.’s beach cities in June, buying a Manhattan Beach townhouse for $3.3 million. Former Stanford guard Landry Fields, currently with the Toronto Raptors, paid about $2 million for property in the area in July.

In Calabasas, there’s a different vibe — and it’s not just reserved for the Kardashian clan. More sports figures are gravitating to the guard-gated communities in the affluent pocket between Agoura Hills and Woodland Hills, even at the sacrifice of a more practical commute.

“A lot of athletes, particularly those with families, are attracted to the peaceful, gated lifestyle,” said Nartey, who has worked with WNBA star Candace Parker, former Chargers tailback LaDainian Tomlinson and Lakers guard Nick Young, among others. “When they travel, they have peace of mind. They have security.”

It’s also an area where someone can get more bang for their buck, said Nartey, whose clients, many of whom are originally from the Midwest, are accustomed to larger properties.

For scale, Keyshawn Johnson’s former estate, which the retired NFL star sold to Kourtney Kardashian in February, occupies nearly two acres in the exclusive Estates at the Oaks enclave. Former NBA all-star Mitch Richmond, who lives nearby, is seeking $8.495 million for his 2.23-acre property.

Whereas homes were once looked at as merely trophies, many sports figures see real estate as a way to build and diversify their portfolios.

“There is a shift taking place among athletes in that there is a desire to build wealth as opposed to just getting rich,” Nartey said.

Tampa Bay Buccaneers safety and Carson native Dashon Goldson has purchased investment properties in Marina del Rey in recent years, as has 49ers tight end Vernon Davis.

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10 Best Practices When Working With Celebrity Clients

By Kofi Nartey | Original Article, Zillow.com

Here are 10 quick “best practices” to consider when working with celebrity real estate clients.

As the director of the Sports & Entertainment Division at The Agency, I have the pleasure of working with celebrities from the world of TV, film, music and professional sports. It’s an extremely rewarding yet challenging niche, as celebrities have very unique real estate needs and concerns when it comes to such things as privacy, location and amenities. While there are numerous things to know about working with the A-list set — indeed it’s an ongoing learning process that’s impossible to master overnight — here are 10 quick “best practices” to consider when working with celebrity real estate clients.

Be an expert

This is No.1 on the list for a reason. Celebrities want to know they are working with an expert. You should know your market and your industry but also know about regulations that may be relevant to the celebrity’s lifestyle. How high can the privacy walls or hedges be? Can they put a gate around the property? Are there building restrictions for the area?  Also, be sure to understand contracts and negotiations.

Be discreet

Keep your client’s name and personal information confidential. You will have access to a part of your client’s personal business, and people will even ask you what it’s like to work with them. Keep it to yourself. Don’t brag or boast about who you are working with.

Be professional

Be on time. Be responsive. Be proactive. The bottom line: Be a professional, not a fan. I have been invited to numerous concerts, games and events of my celebrity clients, but only because I’ve never asked.

Be flexible

Celebrities’ schedules change faster than the weather. Be ready for last-minute showings, cancellations, rescheduling and explaining to other agents why your client is running “a few minutes behind.” Being flexible will make it a more enjoyable experience for you and your client.

Identify all of the decision makers

Whether it’s a business manager, agent, friend or relative, find out who will be influencing the celebrity’s decision to buy or sell. It might even be a pet. (Candy Spelling had her dog Madison help her pick her real estate agent.) Work closely and professionally with these key contacts. Treat them like the celebrity.

Have a reliable network of vendor referrals

You may be called on to refer anything from an interior designer to a company that installs tennis courts. Have trusted, professional vendors with a track record of working with high-profile clientele in your rolodex (by rolodex, I mean iPhone).

Be mindful of their time

Celebrities are busy people and don’t have time to waste. Preview properties whenever possible. Don’t waste time on properties that don’t fit their criteria. Again, be on time. They can be late, but you can’t.

When selling a celebrity home

There are numerous things to consider, but here are a few key points. Decide up front whether or not to disclose the celebrity status of the property. If it is inevitable that the owner’s identity will come out, it can be better to embrace it. Also, keep lookie-loos out of the property. Celebrity homes can attract unwanted prospects who just want a peek into the celebrity’s life. Screen all prospects (even those with agents). Unfortunately, we cannot always rely on the other agents to verify that their client is qualified and serious.

When working with a celebrity buyer

Respect their budget. Listen to what they want to spend and stay within that range. Also, keep their identity private until it is necessary to disclose it. This may help during negotiations. Finally, try to include all decision makers at the showings when possible. Be prepared to show properties to an assistant, agent or business manager who has been instructed on what to look for. They have trusted this person to preview the homes and should trust the feedback they provide.

Have fun!

Working with celebrity buyers and sellers can produce the same stressful moments as a regular transaction, so enjoy the parts you can. If you are like me, you enjoy your job. When you truly enjoy your job, your clients pick up on that, and it can be a more enjoyable experience for them, too.  Celebrities can be demanding, but they can also be a lot of fun.

As always, FOCUS & FINISH!

Kofi Natei Nartey is a real estate broker with The Agency, a full-service, luxury real estate brokerage based in Beverly Hills.

Note: The views and opinions expressed in this article are those of the author and do not necessarily reflect the opinion or position of Zillow.

Posted by thesesociety_0md1v7 in Real Estate, Sellebrity
The Great Escape: The Latest Generation of Vegas Lounges

The Great Escape: The Latest Generation of Vegas Lounges

This article originally appeared in Sellebrity, Volume 1, Number 2.

It’s been 48 hours since your flight touched down in Las Vegas. Your first night in town was unforgettable: bottle service at Omnia with your closest friends by your side and your favorite DJ ensuring you danced up an appetite for 4am pancakes at Peppermill. Night #2 was similarly epic, with stops at Marquee, Drai’s and XS before finally drifting off to sleep as the sun peeked over the horizon.

But after two consecutive all-out nocturnal assaults, a three-peat is out of the question. You still want a night to remember, but the ringing in your ears and the bags under your eyes dictate something a bit more…mellow. Can you still have a quintessentially Vegas experience with an exclusive ambiance and a fabulous setting, but without the oontz?

As it turns out, you can. For those wishing to get away from the crowds and enjoy a discreet evening in a beautiful room with cocktails nearly as amazing as your friends, Las Vegas may be the ultimate destination.

SKYFALL
Delano Las Vegas

If it’s an Instagrammable Strip view you’re after, you can always choose to dodge strollers and pay for the privilege of visiting tourist favorites like Stratosphere or Paris Las Vegas’s Eiffel Tower. Or you could dress to impress, then take a dramatic (and complimentary) 64-story glass elevator ride to Skyfall at Delano Las Vegas, where you’re greeted by wall of glass framing the most jaw-dropping, panoramic view of Sin City imaginable.

Making a night of it? Reserve a private VIP table on the dizzying outdoor patio or in the moody, darkly-lit lounge area and enjoy small bites from Alain Ducasse’s adjacent restaurant Rivea while sampling Skyfall’s comprehensive cocktail menu (including, of course, the punch-packing Vesper, made famous in Ian Fleming’s Casino Royale).

But if your tastes run closer to those of a flamboyant Bond villain than 007 himself, there can be no better drink choice for your table than the Pink Flamingo Punch. Serving 6-8 of your most impressed friends, this Absolut Elyx, vermouth, aperol, stawberry & champagne concoction is served in a massive copper flamingo. You’re sure to be both shaken…and stirred.

MANDARIN BAR 
Mandarin Oriental

Seeking to get away from it all without leaving the center Strip? Look no further than the exclusive Mandarin Bar, where 270-degree Vegas views, chic décor and unparalleled mixology reign supreme. Located 23 stories above the city in the sophisticated Mandarin Oriental, this hidden contemporary gem offers vistas from every seat and a stunning cocktail program curated by mixologist Michael LaPenna.

Try The Golden Leaf for a tropical twist on the classic martini that’s available exclusively at Mandarin Bar, or the bespoke Five-Star Martini offered only at Forbes 5-star hotels. Executive Chef David Werly’s Eclectic Bites menu features innovative dishes perfect for a pre-show meal.

And for the ultimate in exclusivity, look no further than Mandarin Bar’s The Edge, a private, luxurious space with full waiter service that’s perfect for gatherings of up to 30.

HYDE LOUNGE 
Bellagio

There is no lounge experience in Las Vegas as exclusive, as coveted or as beautiful as the Philippe Starck-designed Hyde Lounge. Most Vegas visitors know Hyde as a gorgeous nightclub, but few are aware that, from 5pm onwards, the space functions as an upscale lounge space, with no spots more desirable than the seven tables on Hyde’s outdoor terrace.

The reason why? Imagine an evening spent sipping award-winning cocktails, with an occasional warm desert breeze interrupting the patio’s cooling misters. Your seat is perched on the banks of an eight-acre lake, beyond which lies an uninterrupted, panoramic view of the Las Vegas Strip.

But when your view is interrupted, it’s by an illuminated, 450-foot-tall wall of water that dances along to music. That’s right, the Bellagio fountains are just a few dozen feet away, so close that their aquatic gymnastics completely fill the sky like a curtain closing on a stage. And no, that’s not rain you feel on your head….it’s the gentle mist from the fountains, arriving to help cool you on a balmy desert night.

There is only one word to describe an evening like this on Hyde’s terrace: magical.

BEAUTY & ESSEX 
The Cosmopolitan

Currently the hottest restaurant in Las Vegas, jewel box-themed New York transplant Beauty & Essex encompasses four unique experiences; dining in one of two breathtaking dining rooms, people-watching in the intimate Parisian bar, relaxing in the private, crystal-draped lounge…and a pawn shop. Yes, you read that correctly.

Nothing if not eclectic, entrée into Beauty & Essex is through an unmarked door in the rear of a pawn shop on The Cosmopolitan’s third floor. But behind that unassuming portal lies a true hideout where nothing else seems to exist. Reservations are unnecessary for the lounge and bar areas, but the exquisite service is retained…as is the mouth-watering menu (including, wait for it, French onion soup dumplings).

Stake out a spot in the drop-dead-gorgeous lounge and peruse the cocktail menu, helpfully segmented into “sweet,” “savory” and “barrel aged” categories. There’s no wrong choice, and the gin, St. Germain, pink peppercorn and lemon Pink Panther is particularly memorable. But no matter what you order, one thing’s for sure…you won’t want to leave.

THE CHANDELIER LOUNGE 
The Cosmopolitan

A surefire way to ensure the success of a new bar or lounge in Las Vegas is to create a space that looks like nothing else in the world, then to serve a signature libation like no one has ever tasted. Hence the fame and cult following of The Cosmopolitan’s Chandelier Lounge.

Chandelier must be seen to be believed. Three stories in height and draped in thousands of beaded crystal strands bathed in soft pink & purple light, Chandelier is the centerpiece of the entire Cosmopolitan resort. Each of the bar’s three levels offers a different lounge experience, complete with bespoke, mind-blowing cocktail menus featuring descriptions like “miracleberry ginger gobstopper ice sphere with scented lolligarden.”

But it’s the lounge’s center tier (“Level 1.5,” officially) that offers the most relaxing and immersive experience. Inaccessible from the rest of the resort except for a single curving staircase, Level 1.5 successfully recreates the experience of relaxing inside of a crystal chandelier, while suspended between two of Cosmopolitan’s three stories for maximum privacy.

But no matter which level you visit, Chandelier’s off-menu Verbena cocktail is a must-have. A relatively straightforward lemon verbena & ginger infused margarita, the drink is topped with a Sichuan flower which, when chewed, releases alkaloids into your salivary glands that make them hyper-sensitive. Your entire mouth tingles before becoming numb, and for a few minutes your tongue becomes so sensitive that, when breathing through the mouth, the very *air* around you can be tasted. You may or may not enjoy the sensation (most love it), but you’re guaranteed not to forget it.

ROSE.RABBIT.LIE 
The Cosmopolitan

Despite being named one of the hottest spots in America by OpenTable, the amusingly-punctuated Rose.Rabbit.Lie remains one of the best hidden gems in Las Vegas. Located well off the beaten path behind dozens of nondescript conference room facilities on Cosmopolitan’s 2nd floor, this contemporary reinvention of the classic supper club concept is actually a maze of loosely Alice in Wonderland-themed rooms offering multiple distinct experiences.

Turn left from Rose.Rabbit.Lie’s anteroom and you’ll find yourself in The Study, an intimate lounge that’s an homage to the adventurous spirit of 19th-century British explorers. Wooden bookshelves display African artifacts, antique knickknacks and rows of vinyl, should you decide to kick the atmosphere up or down a notch using The Study’s record player. The bar’s cocktail program (“The Study List”) features eight of Las Vegas’ most innovative libations, with a liquor selection that’s second to none.

Wandering back through the anteroom leads you to The Music Room, a narrow, Art Deco-inspired speakeasy featuring live jazz bands, singers and tap dancers. The room-length bar features Music Room-specific drink offerings, including draft mules and pre-bottled riffs on Mai Tais, Manhattans and Sidecars.

When hunger strikes, the adjacent Library offers an award-winning (and hot wax-sealed) menu with surprising twists on old favorites, such as caviar tacos, pot au pho and short rib stroganoff. The back-lit triptych of Hieronymus Bosch’s Garden of Earthly Delights casts an inspirational glow on the Library’s cozy booths and tables, and assists in ensuring an evening like no other.

THE DORSEY
The Venetian

Priding itself on providing old school service in a bold, contemporary enclave, The Dorsey aims to singlehandedly bring back the ultra lounge concept to Las Vegas. Legendary NYC barman Sam Ross oversees the sleek lounge’s cocktail program, which features everything from a to-die-for penicillin to a tropical Jungle Bird (served in a ceramic tiki god) to table-friendly punch bowls.

The gorgeous brass, leather, marble and French oak-trimmed main lounge features deep, supremely comfortable couches and, glass bubble chandeliers and minimalist lamps…but for those needing to see and be seen, there can be no substitute for the entrance-adjacent Birdcage: a massive, circular leather booth inside a floor-to-ceiling brass birdcage with full-on views of The Venetian’s lively casino floor.

If you’re looking to escape the action, head back to The Dorsey’s library, a cozy, wood-lined space centered around an innovate steam-and-LED fireplace. And should you tire of the cutting edge digital artwork on the bar’s eight screens, the library offers an eclectic selection of books to enjoy from the comfort of your “fire” adjacent banquette. So order up another drink…you could chill here all day (or night).

Posted by thesesociety_0md1v7 in Lifestyle, Travel