The 200 Most Powerful People in Residential Real Estate

January 13th, 2016

What is Power?

Power is an elusive concept. Merriam-Webster dictionary defines it as “the ability or right to control people or things.” Of course that raises the question of what is meant by “control.” Control is defined as directing the behavior of, or to cause a person to do something. Power can also exist even though it may not be exercised, simply because having power can discourage others from challenging it.

Not easy, nor straightforward. So you can just imagine the healthy debate we had as to what criteria should be used in creating such a list. But we all agree what this is not. It is not a popularity contest. It is a not casual quick selection of people you know. It is not based solely on head count, office count or revenue, and it is not pay-to-play.

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In the end, the SP200 is based on a great deal of research. We scoured the Web, read hundreds of bios, read hundreds of LinkedIn pages, sent hundreds of requests for additional information, made endless telephone calls to verify or confirm statistics, and cross-referenced data with surveys and reviewed company financials, and annual reports, and announcements. In short, we did more homework than anyone else does.

So after some 400 hours of evaluation, eight members of the SP200 Editorial Committee got together for a face-off to deliberate the nominees (see VIDEO here). Some people have entrepreneurial power, and some have financial strength, some hold high office, some have personal power, some have positional power while others have political clout. Some are innovators, some executives, some doers, some dealmakers. It doesn’t matter. We have tried to analyze them all and listed leaders in nine different categories – check the tabs at the top of the page.

Congrats to our very own CEO & Founder Raj Qsar for being named to the SP200 for 2016. Honoring The Most Powerful 200 People in Residential Real Estate for the category of Social Media Influencers.

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Playboy Mansion Sale Is Next Step in Business Transformation: Exclusive Photos

Asking $200 million, Playboy Enterprises plans to reinvest the proceeds of the sale; a buyer would have to remodel the ‘dated’ interiors and let tenant Hugh Hefner remain.

The Playboy Mansion—the sprawling Los Angeles house that over four decades came to embody Hollywood’s sybaritic party culture—is going on the market for $200 million.

Longtime resident Hugh Hefner has no plans to leave: Seller Playboy Enterprises is stipulating Mr. Hefner, 89, be allowed to remain at the home for the rest of his life.

Founded by Mr. Hefner in 1953, Playboy helped usher in the sexual revolution, but more recently has shed staff and reorganized its business. Scott Flanders, Playboy Enterprises’ chief executive, said in a statement that the sale of the mansion “enables us to continue to reinvest in the transformation of our business.” “The Playboy Mansion has been a creative center for Hef as his residence and workplace for the past 40 years, as it will continue to be if the property is sold,” he added.

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On roughly 5 acres, the property is one of the largest in Holmby Hills and borders the Los Angeles Country Club. According to listing agentsMauricio Umansky of the Agency and Gary Gold andDrew Fenton of Hilton & Hyland, the mansion is roughly 20,000 square feet. The property includes an elaborate swimming pool and grotto, zoo and game house.

The estate is in need of renovation. “The house will require remodeling, for sure,” Mr. Umansky said, though he added that the value of the land alone is close to $100 million. The home’s interiors are “dated and will need to be remodeled and redesigned,” he said. Moreover, a buyer may want to increase the size of the house.

Acquired by Playboy Enterprises in 1971 for $1.05 million, the mansion is the longtime home of Mr. Hefner, who rents the mansion from the company for a “small, nominal amount each year,” according to a Playboy spokesperson. While Mr. Hefner’s remaining at the property is “nonnegotiable,” Mr. Umansky said, the exact terms of the arrangement will be determined during purchase negotiations.

The Mansion has six bedrooms, six full baths and two half baths, the agents said. The first floor has a great hall with 22-foot-high ceilings and custom hand-carved oak panels. Two staircases lead up to the second floor, where the master suite and other bedrooms are located, along with four offices. The living room is also used as a movie screening room, where there is a pipe organ that has been restored over the past decade. An office, with hand-carved wooden walls, has a secret door to the wine cellar. The party-ready kitchen has a butler pantry and a walk-in refrigerator and freezer.

Outside sit the heated swimming pool and a grotto, which were built in the 1970s after Mr. Hefner purchased the mansion. The cavelike grotto contains four separate hot tubs. The pool area also includes a koi pond, and an outdoor bar and kitchen. A stone bathhouse has four changing rooms, a sauna, gym and a tanning area.

The property also has a zoo with exotic birds and monkeys, and is one of only a few, if not the only, home in Los Angeles to have a zoo license, Mr. Umansky said. He added that the zoo license would transfer to the new owner along with the property.

The separate game house has poker and pool tables, pinball machines, a piano and an old-fashioned Wurlitzer jukebox with jazz recordings. The property also contains a four-bedroom guesthouse with two bathrooms, a sitting room and a solarium.

The Boutique Real Estate Group Rides To Build

January 10th, 2016

Newport Beach, Ca

The Boutique Real Estate Group teams up with Giveback Homes & Soul Cycle Newport Beach to help build a home in Orange County for a deserving family.

GivebackHomes is a trusted network of real estate professionals dedicated to creating social change through the act of buying or selling a home. By simply choosing to work with a Giveback Homes real estate agent, you will help build a home for a family in need. People want to work with people who are doing good, and Giveback Homes is making it easy to find them. Founders, Blake Andrews and Caroline Pinal were recently named to the prestigious Inman 101 List highlighting the Most Influential 101 people in real estate for 2015.

The Boutique Real Estate Group, a worldwide luxury real estate brokerage, with national & international recognition and known for its brilliant design, beautiful marketing, luxury services and world class technology has made a commitment to partner with Giveback Homes for their Orange County build day. “Our goal of raising $5,000 to help build a home for a family in need is our goal for 2016,” says, Founder/Owner Raj Qsar. “Our brokerage is motivated and so encouraged by the work that Giveback Homes has been doing in the real estate industry,” says agent Christina Boladian with The Boutique.

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Joining The Boutique in the cause are other celebrity and well known Real Estate Companies and personalities including; Mauricio Umansky with The Agency, Madison Hildebrand with Partners Trust, Joyce Rey with Coldwell Banker Previews International, David Parnes & James Harris with Million Dollar Listing Los Angeles and Roh Habibi from Million Dollar Listing San Francisco.

The next international build project for Giveback Homes is in Nigaragua from March 1st – March 5th 2016 and they only have 4 spots left. To register see below.

Click here to register
Enter: GV16118 as your event code.

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About The Boutique Real Estate Group:

2015 Inman News Innovator Award for Most Innovative Technology | Finalist
2015 Top 33 People Changing The Real Estate Industry
2014 Inman News Innovator Award for Most Innovative Real Estate Agent | Finalist
2014 Next Generation Real Estate Brokerage
2014 Top 100 Most Influential Real Estate Leaders in The USA
2013 Top 100 Most Influential Real Estate Leaders in The USA
2013 Top 20 Real Estate Videos in The USA

 

Business Card Etiquette

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The business greeting in many cultures is often the initial impression an individual can give to their clients. Since our team is buying & selling in Southern California we have many different cultures we come across and each culture seems to have their own unique customs in regards to business. Over the last 5 years we have seen a massive influx of Chinese buyers who were purchasing to own & live in Southern California. A few things we learned over the years in regards to business greetings & etiquette include:

Some helpful tips:

1. You must have a business card. Not having a business card is like not having a name and the equivalent to not shaking someones hand in western culture.

2. Your title on your card is also very important. Most Chinese people want to feel they are speaking to someone very important or someone at their level. So if you are meeting a CEO of a Chinese company they will want to speak to the CEO of your company.

3. Receiving or giving your card:

a. You MUST be standing up (this shows respect)

b. You MUST have your cards in a case (this shows you are organized). The case should have a spot for your cards and for the card you are receiving.

c. You MUST hand your card over with both hands (as the photo above represents).

d. When you hand your card over please make sure the writing is face up towards your client (this shows courtesy).

e. Then you MUST accept your clients cards with both hands as well (as shown above).

f. When you receive the clients card, pause, read it and make a comment about their company, their title or simply repeat their name. If you are unsure how to pronounce their name now is the perfect time to ask and clarify.

g. Now place your clients card back in your case and put the case back in your jacket pocket over your heart (left side coat pocket). This shows honor as you are placing their card over your heart. If you are not wearing a jacket keep the card in your right hand for the entire meeting. If you are seated, then place the card in front of you (not face down).

Things to NEVER do:

1. Never hand out a ripped, torn or dirty business card.

2. Never write on someones card.

3. Do not accept or give your card with one hand.

4. Never place a business card in your pant pocket and then sit on the card.

5. Do not stack your cards on a table and have your client simple take one.