Spies in California Real Estate – How to Spot and Thwart a Real Estate Spy

Spies will keep you working with tricks and lies promising big pay offs.

California real estate – how to spot a spy

This article is written from the perspective of a Los Angeles real estate agent who occasionally encounters individuals claiming to be prospective new residents — but some are actually spies. Their intention is to gather information by pretending to be a real estate buyer. They will either not sign a representation agreement, or they will haggle to change the terms. Do not change any terms for a suspected spy, often a foreign citizen from a country linked to communism, socialism, or authoritarianism such as China, Russia or North. They will make more promises, attempt to be more endearing. The spy will offer to buy you food, wine, or pay for expenses. They will often have two, sometimes three different names. They may give a smaller price point for the price of what they want, then they may raise it later or start looking in a higher price range. They will be looking over a longer period, sometimes more than six months, to gather more information. They will look at more properties, 10-30 properties, instead of the usual 7-10 properties.

Foreign Agents will use the home search process to spy on you and your business.

If you suspect a spy, real estate agents should consider the best strategies. The most successful tactic is to place strict requirements for the suspected buyer spy to sign a buyer agreement. Also, press the spy to provide proof of funds and a pre-approval letter after seeing not more than 1-2 properties.

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Russian Spies Living Among Us In Plain Sight.

Copyright © This free information is provided courtesy of L.A. Loft Blog and LAcondoInfo.com with the information provided by Corey Chambers, Realty Source Inc, BRE#01889449. We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.

New Apple Store Opens Today in the Tower Theater on Broadway Downtown Los Angeles

802 S Broadway, Los Angeles, CA 90014

The sparkling Apple Store Downtown Los Angeles officially opens its doors today, just steps away from the Eastern Columbia Building loft condominiums on Broadway EasternColumbiaLoft.com. The new retail venue features the expected Apple iPhones, computers and watches, in a dramatic setting of a very ornately renovated historic Tower Theater at 7th Street. | GRAND OPENING PHOTOS

After several years of painstaking transformation, the store grand opening coincides with the re-opening of DTLA this month, after more than a year of virus hysteria and radical lockdown that seriously impaired the restaurant, retail and entertainment industries of L.A. Hopefully, the opening of such a popular and esteemed establishment will help somewhat to make up for the large numbers of local small businesses that have been devastated by authoritarian edicts.

The roaring 20s Tower Theater building is an awe-inspiring example of historic Los Angeles architecture and artistic craftsmanship. Now, Angelenos and world visitors can really enjoy taking in the creative interior splendor of this 1920s theater, and its re-imagining by Apple.

Get a list of amazing historic loft condos with Mills Act property tax benefits. Fill out the online form.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.