Whether you’re starting out in real estate, or have been involved in your profession for decades, the reality is that errors will happen. Part of growing both personally and in your line of work involves making mistakes. It’s often what happens after a misstep that is most important. If you can reflect on the event and learn from it, you’ll gain valuable insight that will help you as you move forward. Use these guidelines to learn from your mistakes and get back into the game as a better player. 1. Recognize What The Mistake Was A couple of years into my career in brokerage, I came across what I thought was an incredible opportunity. One of my existing clients was ready to put up the family jewel. It was a larger property, and if I could help them to sell it, the transaction would become my largest to date by …

Los Angeles is a favored offseason destination for many NBA players, making it little surprise when Trey Lyles purchased a new construction home there in 2021 despite playing for the San Antonio Spurs at the time. Now a member of the Sacramento Kings, the multi-talented forward has put his getaway in the Encino neighborhood of Los Angeles on the market for $5.9 million. The contemporary home is fronted by two gates and a U-shaped driveway. Hilton & Hyland Located at 4778 Zelzah Avenue, the nearly half-acre property sits south of Ventura Boulevard on the western end of Encino. Listing agent Kate Newton of Beverly Hills-based Hilton & Hyland says that Valley neighborhoods like Sherman Oaks, Studio City and Encino have become hot spots for high-profile buyers in recent years thanks to “larger lots, which gives those who are looking for it some much-needed privacy.” A living room with a fireplace …

— New homeowners (and renters) will appreciate new TV, audio, and home theatre items to upgrade their entertainment space. As with choosing tech gifts and gadgets, new products in these areas are released on a routine basis, and when you’re gifting items, you’re balancing what you think they want, with what will be a practical and useful item that can be enjoyed for years – or until the next great technology is released. We’ve got some expert tips to help you choose, along with some suggestions. Soundbars People moving to a larger space will want to get something more powerful, and with a wireless subwoofer to add bass, says Carl Prouty, a technologist at Abt Electronics in Glenview, IL. “If they’re moving into a smaller space, consider something that doesn’t include a separate subwoofer, as that may take up floor space they don’t have available,” he tells us. With people …

While many people don’t associate horse racing and stylish furniture, Ballard Designs and Carson Kressley teamed up in November 2023 to prove otherwise, creating a chic space in the Trophy Lounge during the Breeders Cup at the Santa Anita Racetrack in Arcadia, California. While Ballard Designs has been around for over 40 years, it’s a brand that might not be a household name in the region just yet. But that’s about to change. ARCADIA, CALIFORNIA – NOVEMBER 04: Carson Kressley attends the 2023 Breeders’ Cup World … [+] Championships at Santa Anita Park on November 04, 2023 in Arcadia, California. (Photo by Corine Solberg/Getty Images) Getty Images I recently spoke with Kressley along with Dominic Milanese, Ballard Designs Vice President of Retail to talk about bringing Ballard to the races as well as opening the furniture retailer’s first Southern California location. Design Comes In First Place While Kressley is an …

It’s hard to imagine in today’s modern real estate market that an early home of Italian Renaissance artist Michelangelo still exists. But it does and recently changed hands in Florence, Italy. The historic residence, built between the 14th and 15th centuries, is where the young Michelangelo di Lodovico Buonarroti Simoni grew up and honed his skills. The historic villa dates to between the 14th and 15th centuries. Building Heritage Set on the upper hills of the village of Settignano, the villa was both home and laboratory for the ardent sculptor and painter, who became an artist’s apprentice at 13 and was already receiving commissions as an older teen. His masterworks, both created when he was in his 20s, include the 17-foot-tall marble sculpture of David and the Pietà, the poignant depiction of Mary cradling Jesus after he was taken down from the cross. Michelangelo’s remarkable work in the art of …

Have you ever wanted a second chance, the opportunity of a true do-over? When it comes to taxes, you can amend your tax returns, but that isn’t the same as starting over. If you sell your house but in six months refund the money and take back the house did you ever sell it? If you buy stock but the company refunds your money, was it two transactions or none? Going back to square one may sound simple, but the tax system is rigid and rarely simple. And the annual tax return filing requirement means in most cases every tax year stands on its own. Fortunately, the IRS agrees that some transactions can be unwound and that tax effects can be ignored. But to pretend a deal never happened you must meet two tough conditions: (1) Each party must go back to its position before the transaction as if it …

In few places have the wild gyrations unleashed by the pandemic and its aftermath been more evident than in New York City luxury rental pricing. As the Covid-wary fled the Big Apple for greener pastures in 2020 and 2021, rents dropped to lows unseen in years, and concessions flooded the rental market. Since then, the rent price pendulum has rocketed back upward to record highs, leaving observers complaining of whiplash. According to a Knight Frank report earlier this year, rents on luxury New York City apartments have soared 49% since the first quarter of 2021, surging 19% in 2022 alone. Rents in Central Park South reached median prices of $10,995, and coveted enclaves Tribeca and Soho nailed second and third place respectively, with monthly asking rents having reached $9,500 in the former and $6,395 in the latter. Moreover, given the drop in the level of Manhattan rental stock since 2020, …

As employers recognize the link between employee health and productivity, office wellness programs and initiatives are evolving from a mere perk to a fundamental part of workplace culture and design. Extending beyond the traditional scope of healthcare, these amenities include a holistic approach towards physical, mental, and emotional health that tenants have come to expect—and owners and investors can no longer ignore. The advantages of these programs are manifold, including improved health, increased productivity, reduced absenteeism, enhanced job satisfaction, talent retention, and a competitive edge in the job market. In turn, these benefits make it more likely for businesses to renew leases or opt for a building that offers health-related perks. The key is to offer a variety of areas and facilities and consider the diversity of needs among your tenant population. Wellness offerings can be integrated into office buildings through multipurpose outdoor areas, on-site healthcare services, and access to …