Teles Weekly Activity 8/24-8/28

NEW LISTING: 1344 Monaco Dr., Pacific Palisades (90272) :::  MLS #  09-394113 Listed Price:  $5,795,000 Listing Agents: Elizabeth Puro– Teles Properties- BW 11974 Crest Pl., Beverly Hills (90210) :::  MLS #  09-393663 Listed Price:  $5,147,000 Listing Agents: Chris Pickett & Ernie Carswell– Teles Properties- BH 9748 Saturn St., LA (90035) :::  MLS #  09-394763 Listed [...]

Mortgage Rates – Follow the Money!

How to get the lowest interest rate possible?  Here are some basic rules of thumb for watching mortgage interest rates: Follow the Money! Interest rates follow the money flow.  Fixed rates are all about the 10 year Treasury note. Treasuries have 2 factors: price and yield. They are inversely proportionate.  If yield goes up price [...]

Teles Value Advantage: Competent Agents

By Peter Hernandez, Teles Properties (www.telesproperties.com) Teles Properties was founded on a very simple idea: open offices in large profitable markets and hire only competent agents of good reputation and character. This is very different from the current make-up and model of existing real estate companies. They tend to believe and rely on the old [...]

Teles Weekly Activity 8/17-8/21

NEW LISTING: 1918 Westholme Ave., LA (90025) :::  MLS #  09-392931 Listed Price:  $2,595,000 Listing Agent: Chad Lund & Rory Posin – Teles Properties- BH & RE/MAX -West LA 2042 Veteran Ave., LA (90025) :::  MLS #  09-392929 Listed Price:  $799,000 Listing Agent: Chad Lund – Teles Properties- BH PRICE REDUCTION: 621 Swarthmore Ave., Pacific [...]

Real Estate Market – is Timing Everything?

Everyone talks about how timing is everything in making money in real estate.  Well I am here to tell you that in a broad sense that is just plain wrong!  There are a lot of ways to make money in the market, buying distressed properties, development, apartment investing with upsides on rents just to name [...]

Teles Value Advantage: Green Environment

By Peter Hernandez, Teles Properties (www.telesproperties.com) Teles Properties strives to improve customer and agent service and we believe that the efficiencies created through technology are key to achieving this goal. We are trying to lead the industry in this effort and are working hard to create a paperless environment. Transacting a real estate sale generates [...]

Adjusting Market Place – The New Reality

There is improvement in the market but there are huge obstacles in its path that have divided economists into two camps. One camp says we have seen the bottom and have begun a slow growth cycle. The other camp says we must not be fooled by the current uptick in statistics and that there is [...]

Teles Weekly Activity 8/10-8/14

NEW LISTING: 268 S. Lasky Dr. #202, Beverly Hills (90212) :::  MLS #  09-390987 Listed Price:  $1,250,000 Listing Agent: Marty Trugman & Kelly Aluise– Teles Properties- BH 10701 Tennessee Ave., LA (90046) :::  MLS #  09-390891 Listed Price:  $1,250,000 Listing Agent: Chad Lund– Teles Properties- BH 1260 S. Beverly Glen Blvd. #406, LA (90024) :::  [...]

Good News in a Declining Real Estate Market – The Equity Exchange

Real Estate values have declined across the board in every sector of the country. It is a fact that every homeowner has lost a significant amount of equity in their home.It is still very possible that values may continue to decline in certain areas. Does this mean it is a bad time to sell or [...]

Teles Value Advantage: Service

By Peter Hernandez, Teles Properties (www.telesproperties.com) When we think of service standards we look to great companies that are known for delivering services that makes the consumer return again and again because of the experience. Companies like Lexus, BMW, The Ritz Carlton, Four Seasons Hotels and Nordstrom. While there are many great real estate agents, [...]