For some reason, it is always hard for me to get to this recap. The recaps don’t get many views so it get pushed for things that bring higher numbers. But I do really like the show. So let’s see what the guys got up to this week. I really hope that James didn’t drink!
Josh Flagg
Ut-oh! One of Flagg’s buyers has disappeared from the face of the earth after agreeing to the deal. That’s not good. Meanwhile he is off to a new listing appointment. It’s big with lots of windows but it is a very masculine, and contemporary. It’s basically $20 million.
Flagg has set up several private showings set up thirty minutes apart. But everyone seems to stick around and show up early. It’s basically a brokers open. Flagg is pissed.
Flagg has negotiated with one of the first clients in a fancy private cigar bar. They finally have a deal at $19.5 million. The developers paid 6.3 for it. I wonder how much they put in into renovations ? I’d guess around five or six million. They made off well on that three year turn around..
David and James
The Brits party all the time seller has gone missing. Apparently, he is in Russia. His dad says if they don’t get full price on the house, the gadabout seller is going to move into it. The father gets the Brits a working key to the house. It really is a pretty house.
We get a cute scene with James and his family. James and his wife have been married for five years. James wants to do something fantastic for their wedding anniversary.
The Brits meet to discuss the listing with the hard partying seller who is currently drinking vodka in Russia. Their Burning Man Party open house has been very successful. James has a buyer. David sais the party has been very lucrative. James says that he thinks that those parties are too risky for the two of them since they are both trying to maintain their sobriety. The agent comes and makes an offer of two million on the property. The Brits have to explain that they are not authorized to negotiate. It’s full price or the seller will move in. She gets pissed and huffs off, but she comes back apparently because after the commercial the scene replays with the walk off ever happening. Her client wants it. So she paid full price. I wish I know what kind of jeans that female agent was wearing. Good big girl jeans are hard to find.
Josh Altman
Altman has a listing that is fugly. But it is a Wallace Neff home. Wallace Neff is apparently a famous architect. Let’s just say it’s not my style. If it even has a style. It should be a teardown. Oh wait, the owners don’t want to sell it as a teardown. The is beautiful. He lists it for $9,995,000 for a seven day listing.
He shows a couple of buyers the house. One wants to preserve it the other wants to bulldoze it. The contractors offer $10.5 million to sweeten the deal and motivate the sellers. But the offer is only good for two hours. The sellers are not happy with the one hour time limit. The guy who wants to restore it offers $9.5 million. The sellers suddenly decided that the sentimental attachment to the house was not more important than a million dollars. They took the $10.5
I’ve never understood why you would care what was done to the house after you leave it.
Next Week: Josh Altman gets revenge on Flagg for the glitter incident.
Thanks for the recap, TT.
I am still happy from my romantic dream about Josh Flagg! Actually, I have a new thing to help me in stressful situations:WWJFD? He is so laid back and calm no matter what happens. I am trying to take on that persona when stuff goes insane at work: Four stat CSF fluids that have to be processed and resulted in one hour and you are bringing me a sickle cell screen? I lean back close my eyes half way and say, “Yeah, I am the best tech in the universe. I can handle this easy.”
This is my favorite show on Bravo along with Flipping Out. I love seeing the houses and watching all the guys deal: lot of eye candy, both architectural and male! The drama is minimal and usually entertaining (evil Josh Altman crashing the dinner and of course, the glitter mail) That party looked awesome!!
I only realized during this episode that Flagg is only 30. Wow! He’s a mega-successful agent, and his inheritance from his grandmother’s reported $100 million estate has to be substantial as well. I admire that he keeps a work ethic (which he respected his grandmother for) with all of that wealth, instead of going crazy like lots of people his age would. Altman is a good foil for the show, but I hate what he did to the Brits at that open house, and would love to see them extract revenge in a better way than with glitter.
Yeah, Altman got off pretty easy with a glitter bomb lol
LOVE Josh Flag. He was in great form complaining about late/early brokers in this episode. “If I had wanted a cocktail party, I have have thrown one!” I love that he seems to get along with the Brits, and he and I see eye-to-eye on Altman.
As much as I have loved this show, it’s starting to depress me. All of these great properties are being torn down to make massive mansions to sell to international buyers. Hardly anyone around here can afford a good home in LA anymore. That’s awesome for the developers, since all they care about is a buck, but it’s not so great for the city. How fabulous that international buyers can afford to pay $10 million for a home to sit empty for 11 months of the year, but how do empty mansions help the city? Or, they rent to other international people who come in for a week or a month at a time, and don’t care the neighbors, much less than the city. (Saudi and Qatari royalty, I’m looking at you! Tearing around the streets in your LaFerraris, selfishly endangering everyone on the streets, and holding maids captive after sexually abusing them just isn’t a good look, and doesn’t endear you to the natives!)
It’s not just LA – there are numerous suburbs that are being ruined for the rest of us. Locals can’t afford 8,000+ sq.ft. homes 🙁
Okay, getting off my soap box now.
That’s why the real estate market finally crashed. These MDL shows high light why it happened. Yes, supply and demand will always dictate the market, but realitors keeping pushing to break records. It will crash again because those inflated housing values can’t be sustained.
Still, I can’t help watching because I love looking at all those homes that I’ll only be able to afford if I win $500 million in the lottery.
Here in the hood, my shack dropped in value by 60% and still hasn’t recovered. 🙁
The real estate market collapsed in 2007 because the banks played fast and loose with their mortgage lending, also known as a ponzi scheme. This caused a worldwide financial crisis, almost brought down many of the worlds economies, many of which have still not recovered, and walked away with Billions of dollars in stolen money and government bail outs. That was only the latest example of corporate greed which follows the example of Enron, the savings and loan thefts of the 80s and the newest scam, buying old cheap medications and raising the price 1000%.
Why does this keep happening you ask. Quick, how many of those crooks went to jail? That would 0, zilch, nada.
Thank you, Sequoia. Well said!
I can’t wait to see how Josh redoes Edith’s penthouse! I can’t blame him for prefering it over the house he bought for Colton and himself.
Ive always preferred shows like this over the housewives franchises. And yay The Peoples Couch is a nice return!
With all this rain Directtv has gone in and out all week. Hope everyone esp our Charleston folks stays safe and dry, its ducky weather for so many,,quack quack. 🙂
Josh said on WWHL that he hasn’t done any work on the penthouse, and that he may just leave it as a ‘shrine’ to his grandmother.
I love your MDLLA recaps TT, please keep them coming! Josh Flagg is one of my favorite realtors on this show. He seems very laid back and easy going. And I loved his relationship with his grandmother. I imagine it will be a while before he renovates her penthouse. He’s still mourning her loss.
I also love Josh. How many young men out there really spend time getting the wealth of knowledge an older women like Josh’s grandma had to offer. Not many I really respect his adoration for her.
One of my favorite Bravo shows, so thanks for recapping. Minimal drama is refreshing. I think Josh Flagg feels guilty for moving away from his grandmother and hated that house. All of these guys, including Altman, are appreciative and loving to their families. A much better formula for a successful show than pitting women against each other in the mud wrestling arena of RH.
I may be in the minority but I genuinely enjoy the Brits. That David is dishy, and James and his family are wonderful to watch. I also love that they spoke about maintaining their sobriety. It’s a subject that gets mocked on the HW shows but in this case I feel as if they are very serious about it and how they want to maintain the success and balance sobriety has brought them.
Josh Flagg may come off to some viewers as arrogant and spoiled in his confident manner, but I suppose some people forget he grew up very privileged
with great wealth and that may seep into his tone. I think he’s fabulous for continuing to work even in such a demanding and fickle business, regardless of his wealth. He’s as charming as one can be his type of job, and what’s best is that he appears to love his family and be very close to them.
Josh Altman… Why does he rub everyone (me included) so wrong? He may be a nice person off camera but on this show he is not likable and I don’t think it’s because they give him a “bad edit.” He wants to pretend to be some Gordon Gekko type for real estate, right? I am also tired of his Will I Get Married story line. Either do it because you love your fiancée or just tell Bravo to pay for it already. However I don’t think anyone really cares if he marries Heather or not. Watching the old episodes the the other day, I was reminded of Heather’s old face. It was more natural, and she smiled so prettily. Her hair was honey brown-blond. Now she looks like she can’t move her mouth or eyes to genuinely smile and her “storyline” is that of a shrew who just wants to get married. That sucks; she could have kept working on her success and told Bravo to leave her off the show.
I miss Madison. He knew his real estate (in the old episodes he schools viewers well in land values, property laws etc) and was just a sweet guy. He never did the whole “TV persona” change. Perhaps that’s why he chose to leave. He has his own money and was successful and didn’t seem to care about being reality TV famous.
Apologies for the long post! I love the Listing shows and love when you recap them.
ADMIN EDIT! PLEASE READ THE COMMENTING RULES.
People who have met both Josh Flagg and Josh Altman say Flagg is a real douche bag and Altman is a pussy cat. Considering Flagg’s past regarding a client’s art work, I can believe he is a douche bag. I will admit I loved the scenes with his grandmother. She was really interesting and, by all accounts, led a very eventful life.
I can totally see that re: Flagg and Altman.
I’ve always liked Altman, I think the “villain” thing is just an act. I believe he has a good heart underneath it all.
People?????