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Things are shaking up in the Los Angeles Real Estate Industry

 

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When I was a mortgage banker, I chose to work for smaller savings and loans. I valued their personal touch and community focus. I was never employed by a mega bank, and preferred environments where decisions happened quickly and locally. Most of the time, I worked in the corporate offices—right where the decisions were made. I saw firsthand how choices impacted clients and communities. That experience shaped my perspective.

Now, in my real estate career, I follow the same path. I choose small, broker-owned franchises over big conglomerates. I appreciate the independence and flexibility they offer. Working with local decision-makers allows me to advocate for my clients without corporate red tape. I can act fast, negotiate better, and provide personalized service. I know the people I work with, and I trust their commitment to excellence. For me, it’s always been about relationships and integrity. Whether in banking or real estate, I believe smaller companies deliver stronger connections and better service. That’s where I feel I can make the biggest impact.

Things are shaking up in the Los Angeles real estate industry:

Douglas Elliman to acquire Teles Properties. Teles will be rebranded as Douglas Elliman in the fall. Until then, it will operate as Teles, a Douglas Elliman Real Estate Co.

Word on the street is that Pacific Union, which acquired John Aaroe Group, is eyeing Partner’s Trust Real Estate. Hall and Chambers (formerly Prudential California Realty) is now Coldwell Banker Hallmark Realty.

Los Angeles’s real estate market remains challenging for home buyers. In particular, first-time buyers struggle to save for a down payment. As prices continue to rise, many find it increasingly difficult to keep up. Meanwhile, competition for affordable properties adds even more pressure. Despite their best efforts, some buyers face setbacks and delays. Nevertheless, many remain determined, exploring every option to achieve homeownership.

Money Saving Tips for First-Time Home Buyers:

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Related Posts:
Tips for First Time Home Buyers
Eight Most Common Questions Home Buyers Ask 

One thought on “Things are shaking up in the Los Angeles Real Estate Industry

  1. Sam says:

    Seems like no industry is immune to mergers and acquisitions

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