It seems this season that the realtors will rotate in and out of the episodes and we will be focusing on just three this week, Last week we had both Joshes and Tracy. This week we have Tracy with The Brits and Madison.
James and David are super excited to have a shot at listing the first “vertical building” in LA which will be the beginning of the new “vertical living” in the city. Really? Please stop trying to make “vertical building” a thing. There are high-rise apartments all over the world. This isn’t some new invention. It’s just a really, really tall building. They had to have spent a fortune to earthquake proof that place. You couldn’t get me to step foot in or anywhere within falling distance of it.
That said, it is GORGEOUS and comes with butlers who will put away your grocery deliveries. There is a one acre park with actual trees and grass on the roof. It is really, really, fancypants. But I would not live there if it were free.
It looks like you can lease a two bedroom perhaps with the cool furniture for $9,600 a month. That seems like a steal to me. Did I miss a zero or something? The Brits must have not gotten the memo that the owners have no interest in an exclusive listing agreement.
David and James are renting a lot of apartments. And I just saw the $9,600 price again. I think it is totally worth it except for the whole dying in an earthquake thing. THERE IS A FREE BREAKFAST BAR EVERY MORNING IN THE PARK. I may be willing to die fat and happy in an earthquake now.
The penthouse suite is gorgeous. It rents for $65,000 a month. And they were awarded the exclusive listing. This is a hugely different client though than the people they’ve been renting the lower levels to. I’m worried about the small population of people who can afford the place.
Tracy’s friend Heidi stops by for a visit and at first it appears she is having a garage sale in her driveway. But this is LA so it’s actually a photo shoot happening in her garage. Because, of course. And it’s not her house it is one of Heidi’s rental properties. Heidi is drop dead gorgeous and is Tracy’s husband’s best friend. Tracy seems to be not particular fond of the idea they are so close, but she hasn’t poisoned her wine or anything like I would be doing. They bond over working so much and feeling like bad moms.
Of course Tracy is there to list the two properties that are really run down from the low quality tenants. Jason is a contractor and he comes to the pocket listing meeting to weigh in on the price. Heidi wants way more for the houses than Tracy wants to list them for. Jason thinks the property is worth about $11 million. Tracy was willing to go $12 million. They finally agree on $14 million and I believe that is for the two houses. Tracy gets an offer for $13.5 million. Heidi says she is not taking it. She says she can build two homes and sell them for $44 million.
Madison’s boytoy, Cody is moving in with him this week. Madison has a client who is looking for a summer beach rental for no more and $100,000 per month. It’s very late in the season and everything is full.
Somehow, Madison finds a gorgeous house. It’s right on the beach with a lovely deck. The deck doesn’t have enough room for a long dinner table though, and she is not having it. She also only wants to be on Malibu Road. Again, all of these rentals were books months ago.
Eventually, Madison finds a home that belongs to a couple who is going to spend two months abroad. She can rent their place for $500K for two months. Thus the title of this episode. Eventually they settle on $400K for the summer rental. What does this woman do for a living? I’m going to guess that she is not a blogger.
It looks like we do see Josh Flagg on this episode. The old man with the bitchy and demanding arm candy are back. The deal did not go through because they had a private inspection that determined the house needs $100,000 worth of work. He wants $100K off the offer. Josh suggests splitting it down the middle. This makes everyone happy.