Make room in the entourage: Here comes the real estate agent.
“Kings had their court and the president has his cabinet,” says one actress who keeps a Realtor in her back pocket. “Why wouldn’t I have someone on my team who has his finger on the pulse … since so much of my money is involved in real estate?”
Westside Estate Agency’s Kurt Rappaport says that for the real estate agent, joining the stylist, trainer and feng shui consultant just makes sense. “When I go to Hollywood parties, all anyone wants to talk about is real estate,” he says.
Being part of the entourage has obvious benefits for real estate agents; blurring the line between friend and client helps ensure repeat business. “I don’t know if my clients are my friends or my friends are my clients,” says Rappaport’s partner Stephen Shapiro.
Some perks transcend commissions. Shapiro has traveled on clients’ jets and yachts, while Jory Burton of Sotheby’s International Realty is planning a vacation with a favorite client. Being a Realtor means never having to hear, “Can he return?”
Billy Rose of Mossler & Doe knows that if the real estate market tanks, odds are his social standing among high-profile clients could follow suit. However, the former UTA agent says he’s used to risks.
“This is a land of constant change and reinvention,” he says. “People are always looking to ‘trade up’ to a new or different situation. How better to change your life than by buying a new house?”
|9472 Cherokee Lane
|32628 Pacific Coast Hwy.
|Royal Oaks Estate
|Built by architect Robert Skinner in 1957 but known as the Don Simpson house, the home that Skinner built for himself is now owned by a manager of athletes. Walled and gated, the property includes a main house with three bedrooms, three baths and a state-of-the-art dada kitchen as well as a zen-like patio, koi pond, pool and spa. There is also a separate studio with its own entrance and full bath. Landscape architect is Eckbo, Dean & Williams.
Listing price: $3.395 million
Contact: Billy Rose, Mossler & Doe
|This airy, modern home, owned by a
California-based sportswear designer, sits on a one-acre gated bluff lot with private stairs leading to the sand. The newly
constructed main house has two bedrooms and three baths. A separate guesthouse contains two one-bedroom apartments. There is a four-car garage.
|This 9,000 sq. ft. contemporary home on a one-acre lot, built in 1991, is owned by a recording artist. There are four bedrooms and seven baths and a restaurant-style kitchen with butler’s pantry and dual dishwashers. The 2,200 sq. ft. master bedroom suite has a studio-apartment-sized closet equipped with its own washer/dryer. There is also a pool, a wine room, screening room, a recording studio, and a pair of two-car garages.
Price: $5.995 million
Contact: Jory Burton, Sotheby’s International Realty