I can’t take credit for writing the article but I did come up with the story and pitched it to Ann Brenoff who did a great job describing the caravan food scene around Los Angeles. I originally had the idea to rate caravan food and have it as a regular blog article. If an agent consistently served great food at the caravans then I wanted to make sure the blogosphere knew about it. If they only served M and M’s than maybe the public shame would encourage them to up the ante to something better and more expensive, like, Nilla Waffers, or even a few glazed donuts! Still a far cry from the agents who put out La Salsa buffets or build your own omelet bars with a personal chef.
I held off on writing the article and let Ann know about the idea. She loved it and I talked my way in to being the photographer for the article and even got a photo credit in the L.A. Times. The article made it in to several other papers including the Mercury News, and The Examiner.
Peter Villes blog at the Times also ran the article and can be seen here.
Hungry agents pilaging the buffet set out by Alan and tony Mark at their Broad Beach listing
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“I know you’re sitting pretty in the Hampty Hamps, Posing like you’re rolling with that camp.”-Beastie Boys song Shazam.
If you too would like to sit pretty on the West Coast then stop posing and come have a look at this home on Broad Beach. Forget the real estate in the Hamptons where snow, not sand, is what you’ll see in the all winter. Move to Malibu, where sunny winters days can reach 80 degrees.
The authentic east coast style home was built in 1946 making it one of the first homes on Broad Beach. I must say that this home had some of the nicest construction details I had ever seen for a home of the this age. The home has numerous details that give it a feel of being on an enormous luxury yacht. There are large, round, wood-framed window that look like port holes. Some of these windows are even located on walls between two rooms. The main living room has large ceiling beams that are curved and give you the feeling of being inside an ark. In this room you will find a large fire place constructed out of hand gathered stones off the beach.
The actual price of the home is $22,000,000 and the basket ball court next door will run you the extra $14,000,000. You actually get more than a basket ball court, you get an additional APN so you’ll have one less neighbor, an investment property, or a place to build a spare beach house.
Most agents go into a listing appointment hoping for a 6% commission but will often get the contract signed at 5%. In areas like Malibu and other expensive communities, it’s not unusual for the commission to be 4% on homes that are $6,000,000 or more. This beautiful home on Broad Beach not only offers an exclusive address right on the sand, but a whopping 7.5% total commission with the buyer’s agent receiving 5%! If the house closes at the asking price the agent who brings the buyer will walk away with close to $250,000 AFTER the split (based on a 50/50 split) with their brokerage! This is one motivated seller! Here is the MLS description- A CLASSIC MID-CENTURY “WALLACE NEFF” BEACH HOUSE, COMPLETELY AND TASTEFULLY UPDATED! CAPE COD HOME ON ONE OF MALIBU’S MOST EXCLUSIVE BEACHES. LIGHT, BRIGHT AND COMFORTABLE WITH PRIVATE BEACH SIDE PATIO. SHOWN BY APPT ONLY TO QUALIFIED BUYERS. This Broad Beach home is listed for $10,495,000 and has 4 bedrooms, 3 baths, with approx. 2340 sq.ft.
To any sellers out there wondering how to motivate agents to bring buyers….. raise the commission!
Call me to view the property. Mike Gardner 310 699 8428
No, you can’t buy a home, condo, or trailer but you will get a one-month lease on a prestigious beach with neighbors who are on the paparazzi hit list. Yes, spring in near and Malibu Mega Beach House leases are just about to go up on the auction block for the who’s who to fight over.March Madness in Malibu has nothing to do with sports and more to do with people scrambling to secure the best beach leases.
“Players,” not on the ball, who don’t secure a lease early may be forced to “slum it” on lesser “$50k per month” beaches where your neighbor’s private 4th of July firework show may only last a paltry 30 minutes instead of an hour and the caviar might be California paddlefish not Russian Sevruga. Life’s tough ain’t it?
I predict that this year will have more demand than any previous year and we’ll see numerous listings above $100k per month. There currently 5 listings between $80k and $90k per month located in the Malibu Colony and on Malibu Road and most will require a three-month minimum and a hefty deposit. Previous years saw 4 homes break the $100k per month mark with one topping out at $120k on Broad Beach.
Even celebrities are cashing in on the rental action. There are reports that Cindy Crawford and Rande Gerber recently put their own house up for lease at $35k per month. The property is fairly priced considering that just a few miles to the south is Broad Beach where rents run $50-$120k per month.
For Questions about real estate, leases, vacation rentals, and where to eat, call Michael Gardner
Prudential Malibu Realty
Cell
1 310 699 8428
Agents-Email me if you think your listing should be featured on the blog or would like to join my reciprocal link exchange. Email me your URL, Title Text, and Description.
You can find great local Malibu, California real estate information on Localism.com Michael & Heather Gardner is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
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