Real Estate is Coming Back In Los Angeles

Everyone remembers that shocking day in October of 2008 when the US economy teetered on the edge after the collapse of Lehman Brothers. Yes, those were shaky times and as the real estate market bubble burst, it looked as though a real recovery might never happen. Flash forward seven years, however, and things are looking up a big way in the US economy and in real estate, too. Things are looking especially good these days for real estate in Los Angeles, which is great news for realtors in this sunny city.

Tech Startups Light Up The Los Angeles Real Estate

One of the very positive aspects of the return of the real estate market in Los Angeles is the boom going on in the jobs market. The tech industry is seeing many startup companies launching in Los Angeles, especially in the beach area now referred to as “Silicon Beach.” This very vital industry is making a big difference in the recovery, as many families move to the area to take jobs and yes, find housing.

The Real Estate Professional in Los Angeles

Real estate is a solid profession and in a top market like Los Angeles, it can be a lucrative one. Top agents in Los Angeles can make about $110,000 annually. Realtors who are hired by top firms here usually have a background in finance, economics or law and they also have a solid knowledge of the market here, as well as a wide social networking base. All of those attributes are very positive for realtors. What’s also needed is a good sensitivity to people, as home buying is and always was an emotional decision. A good realtor knows very well how to navigate through the sometimes intense emotional issues that present themselves during the house search.

New Kinds Of Training

As the real estate profession evolves in this new economy, we’re seeing more realtors going for job coaching classes to help them learn new approaches to marketing and selling. One of the top companies now offering these classes is Real Estate Mavericks, which can be found at www.RealEstateMavericks.com.

The classes from Real Estate Mavericks take a bold and very proactive approach to the business of selling real estate, and the classes they offer are getting solid results and great word of mouth. There’s obviously a place for new ideas in this profession as the market evolves and new techniques are shown to be really valid.

When it’s time to consider a different kind of approach to selling real estate, take a look at the training offered by Real Estate Mavericks. As the market continues to heat up, it’s important to have every skill honed and ready for those sales.

Omar Boraie – A Man With A Vision

Four decades ago Omar Boraie had a vision. He wanted to rebuild New Brunswick and turn it into a vibrant community people would be proud to be a part of. And while many thought his idea was crazy, he didn’t let that stop him. He pushed forward and now his vision has become a reality.

In 1972, when Omar and his crew first started working on this project, New Brunswick was a ghost town. While people would come into the city to work, they would immediately leave at the end of the day. After 4pm there was literally no one on the streets.

To get the ball rolling Omar started buying dilapidated buildings one after the other. By the time it was all said and done, he owned over 20 buildings including Albany Street Plaza Tower One.

After Tower One was renovated it provided the city with over 200,000 square feet of class A office space. By 2003 Tower Two, which is located right next to Tower One, was completed and provided even more office space.

While this gave the city a huge boost, Omar knew he needed to provide top of the line residential units if he really wanted to take things to the next level. So that’s exactly what he did.

He took one of the old dilapidated buildings on One Spring Street and turned it into 121 residential units along with office space, retail space, a parking garage and functional outdoor space.

It was a New York Style high rise building right in the center of downtown New Brunswick. It was such a hit in the community that is old out in 2 months.

Its safe to say what Omar Boraie has been able to do in New Brunswick is nothing short of amazing. Though it took 10 years, his dream of revitalizing New Brunswick has now come to pass.

And the best part is he’s not done yet! Just imagine what New Brunswick will look like in another 10 years. I think its safe to say Omar has turned all of us into believers.

Buy and Sell Real Estate With The 990 Company

The internet has created windows of opportunities for individuals to make money. It doesn’t matter what type of industry it is, with the world of technology, where there’s a will, there’s a way. It begins with a marketing plan, using qualified skills, such as real estate and a goal in mind.

For real estate agents, The 990 Company is the provider of this window of opportunity. Through the use of this program, agents will gain more than just additional income, they will acquire referrals and a boost in their portfolios. This is more than just a program, it is a way of being a life changer for agents all over. This takes marketing to a whole new level, while increasing the potential for earnings.

This program follows a systematic method of generating business, whether it is for an individual agent or an entire agency. For a small nominal fee, a zip code is reserved through The 990 Company. This allows the agency or agent exclusive rights to the selling of houses within the specified zip code. However, there’s more that is included with the reservation of a territory.

Through the program, agents or agencies will advertise their involvement with the program. The 990 program assists with providing training videos, as well as advertising and marketing materials. There is a website for the consumers to preview where there information will be viewed and advertised. The process is simple and the earnings are unlimited. A commission of 990 is added on top of the normal commission received when a home is sold.

The program is completely confident in the process, that there is a 100%, 30-day money back guarantee. If the program fails to meet the expectations, there’s no risk, it simply gets returned no questions asked. Even after the 30-days, there is no lifetime commitment. However, there is such a confidence level in the nature of the program that this is not an issue.

There are many ways that consumers, whether buyers or sellers, are directed to a particular area in which they have the opportunity to scour through the number of advertisements listed for that area. Sellers match buyers up with agents and buyers use the services in order to find a home. Typically, sellers refer buyers that do not have agents to an agent listed through 990 Company, then the agents work there magic to ensure and secure future business.

The details of the program are very complete and easy to work. Agents have sellers that obtain buyers for them. If there is no other real estate agent involved, then the agent or agency will receive a 990 commission on top of their normal commissions and fees. The 990 Company is more than just a company or program, it’s an opportunity to offer a helping hand to others.

For more information on the 990 Sells Homes Program, click here.

New Brunswick Success Spells Rejuvenation For Newark

Spurred by previous large scale successes in New Brunswick, real estate developer Omar Boraei, president of Boraie Development compared that project with the planned development in Newark. This was reported in a recent publication of NJBIZ.

The thinking in Newark has made a dramatic turn around as far as the planning for the city’s rebirth is concerned. Over the years, developers and city authorities had placed their hopes for desperately needed revitalization on projects commonly referred to as “Big Bang” or massive single unit expansion projects.

Boraie Development has taken an alternate route with their highly successful development in New Brunswick 40 years ago. The feeling was that the project was destined to fail.That endeavor faced the same challenges that Newark faced, but proved to be a rousing success. That success changed the way money should be spent when rejuvenating a city.

Rather than invest in a single massive housing structure, developers will instead design multi unit Class A buildings that when completed will have an impact much larger than one huge structure might generate.

Boraie Development has gone on record in favor of this type of plan. Their reasoning states that the impact of a larger, more extensive housing project built simultaneously, will have a major impact on the public’s perception and acceptance of a true renaissance in the city. Furthermore, it will encourage more spending on infrastructure and amenities to help draw a continual rush of new residents to the city.

New Brunswick was the model and inspiration for Boraie Development and other key developers to move forward in Newark. Currently there are ten individual multi building Class A projects underway or in the advanced planning phase. The Boraie team has a 16 story housing unit underway in the heart of Newark. the initial structure in their multi unit development.

When completed, the scale of these large upscale residential units is expected to generate much interest and a wave of new residents to the state’s largest city. Expectations are high. For the first time, the city of Newark sees a brighter future and a true renaissance for their city.