James Harris Archives - Haute Residence by Haute Living

Big Buy: Big Sean Purchases Encino Chateau For $8.1 Million

Kalena Phung — Wed, 13 Oct 2021 21:15:39 +0000

Grammy nominated rapper Big Sean has purchased another Los Angeles abode, a $8.1 million Chateau style mansion, after recently bidding farewell to his former $11 million residence.

Big Sean

Photo Credit: Shutterstock

Sean Michael Leonard Anderson, more notably recognized as Grammy nominated rapper Big Sean, has recently bid farewell to his Los Angeles residence. The property located in the exclusive Mulholland Estates gated community was officially sold two months ago at the whopping price of $11 million. Now, the American musician is making news with yet another real estate transaction but this time, as a buyer. Anderson has recently purchased a newfound residence in the guard-gated enclave of Encino, California for $8.1 million. The property was originally listed in May for $10 million but was ultimately sold to Anderson at a nearly $2 million discount. Reportedly, this space is slightly smaller than his previous abode but is a Chateau style mansion with elegant touches of French Normandy-style.

Built in 2005, Anderson’s lavish Encino mansion was completely renovated four years ago. Sitting on almost half an acre of lush land, the residence spans more than 10,000 square feet with six bedrooms and nine baths. Stepping inside the three-floor home, the interior showcases stone-clad features and luxurious touches evoking the elegant feel of a European chateau. The space opens to a soaring foyer with a winding staircase. The formal living room highlights dome skylights and a full library wall while the casual family room features a wood-burning fireplace and retractable glass doors leading to a covered, wood-lined patio with fireplace. The sleek gourmet kitchen is fully equipped with appliances and two sizable islands. Further into the home rests a formal dining room and a breakfast nook with French doors opening to an outdoor loggia with a built-in barbecue.

Upstairs, the primary suite boasts a cozy fireplace, private balcony, and walk in closet. The spa like bath presents dual vanities, a glass encased shower, and a freestanding soaking tub. The upper floor also offers a separate spa section with a sauna and massage room. The basement features its own relaxing and entertainment options with a mirrored gym, plush movie theater, 1,000-bottle wine cellar, and game room with wet bar. Stepping outside, the expansive exterior includes a grassy backyard, air-conditioned pool house, swimming pool, spa, brick motor court, and three-car garage.

Paul Coleman was the listing agent. James Harris and Alex Vichinsky of The Agency represented the buyer.

For more on the latest in luxury real estate, visit dev.hauteresidence.com.

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Fenty Fortune: Rihanna Lists $7.8 Million Hollywood Hills Mansion

Kalena Phung — Wed, 22 Sep 2021 20:56:02 +0000

Acclaimed singer, fashion designer, and businesswoman Rihanna has listed her Hollywood Hills mansion yet again but at an even higher price of $7.8 million.

Rihanna

Photo Credit: Shutterstock

In 2017, Barbadian billionaire Robyn Rihanna Fenty, more notably recognized as Rihanna, purchased a $6.8 million mansion in Hollywood Hills, California. However, only a year later in December of 2018, Fenty listed her newly purchased property on the market. The price was presented at $7.495 million while simultaneously being offered as a rental at $35,000 per month. Since then, the home has been taken off the market before news this week that it has been listed once again. Now, the lavish mansion is presented at $7.8 million, an even higher price than its initial listing.

Built in 2015, Fenty’s former residence spans 7,130-square-feet with six bedrooms and 10 baths. The interior presents a formal living room with a tiled fireplace, ceiling medallion, and a dazzling chandelier. The family room features wooden floors, a fireplace, tray ceiling, and lit arched inset shelving. The dining room highlights beamed ceilings and steel framed arched windows. Further into the home, the space flows into the chef’s kitchen with a black marble island, bar, and backlit ceiling beams. The first floor also boasts a guest suite and billiards room with glass exterior doors.

Upstairs, the second floor offers three guest bedrooms and the primary bedroom suite with a seating area, cozy fireplace, and a private 180-degree balcony for picturesque views. Stepping outside, the exterior presents a 0.44-acre lot with lounge areas, an infinity pool, hot tub, lush landscape, and a barbecue. Other luxe amenities include a home theater, fully equipped gym, and a separate two-car garage.

James Harris of The Agency holds the listing for this property.

For more on the latest in luxury real estate, visit dev.hauteresidence.com.

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Matthew Perry Sells Priciest Century City Penthouse In Years

Kalena Phung — Thu, 17 Jun 2021 18:55:07 +0000

“Friends” star Matthew Perry finally bids farewell his Century City penthouse in Los Angeles, California after two years at a 38% reduced price yet still executes the most expensive condo sale since 2015.

Matthew Perry

Photo Credit: ShutterStock

In 2017, Matthew Perry purchased his lavish Century City penthouse for $20 million. In August of 2019, after two years of residence, his former home was listed on the market for $35 million. When the steep asking price failed to attract prospective buyers, the cost was reduced by 23% to $27 million in July of 2020. At the time, this was reported to be the priciest condo listed in Los Angeles. In November, the price was furthermore reduced to $23 million and was eventually removed from the market at the end of the year. It was relisted in April at $23 million before finally selling at $21.6 million this week. Although the final closing price is 38% less than Perry’s initial listing price, it is still the most expensive recorded condo sale in the city since 2015.

Designed by Robert A.M. Stern in 2009, Perry’s former penthouse occupies the entire 40^th floor of the 42-story building and span nearly 9,300 square feet of living space. The interior layout features four bedrooms, 6.5 bathrooms, expansive living rooms, and a spacious kitchen with center island. The extravagant master suite offers a curved glass wall, seating area with fireplace, dual closets, and dual bathrooms. The space also highlights four terraces offering panoramic views of the Los Angeles cityscape. Decorative elements include subdued hues and textured accents courtesy of renovations by architect Scott Joyce and designer LM Pagano. Other perks of the home consist of a screening room, billiards room, fitness studio, swimming pool, and three covered parking spaces.

Greg Holcomb and Cassandra Petersen of Compass held the listing for this property. James Harris of the Agency represented the buyer.

For more on the latest in luxury real estate, visit dev.hauteresidence.com.

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Watch Real Estate Webinars With Expert Agents, Brokers, Developers, And More Curated By Haute Residence

Andres E. Caceres — Wed, 22 Apr 2020 14:22:18 +0000

The first two weeks of Haute Residence’s live webinars series on the real estate market and how it has been performing the last months as a result of recent changes were a great success.

UPCOMING WEBINARS:

Thursday, April 23rd at 2PM EST

Dan Conn, CEO of Christie’s International Real Estate in a live conversation about the world’s top real estate markets and Christie’s leading role during quarantine times. REGISTER: https://hauteliving.zoom.us/webinar/register/WN_th9DmtX6Qmq4CdIarHb8MQ

Thursday, April 23rd at 7PM EST

A "coast to coast" webinar with top brokers Brian Guiltinan (San Diego, CA), Moira E. Holley (Seattle, WA), Frank D. Isoldi (Westfield, NJ), and Devin Kay (South Florida), who will weigh in on the latest in their markets. REGISTER: https://hauteliving.zoom.us/webinar/register/WN_plrhinyTQum9iON6_60mww

On Friday, April 24th at 4PM EST

Three of the top agents that cover some of the highest-regarded real estate markets in the country: Susan Breitenbach (The Hamptons), Chris Cortazzo (Malibu), and Jill Eber (South Florida). REGISTER: https://hauteliving.zoom.us/webinar/register/WN_nlBLUB7cSiyEqFmXmDOgnA

Below are the previous webinars. The guest panelists, all successful leaders in their markets, provided expert insights into the real estate industry in all corners of the US and beyond.

Daniel de la Vega, President of ONE Sotheby’s International Realty is in charge of ONE Sotheby’s locations in Miami-Dade, Broward, Palm Beach, Martin, Brevard, and Indian River counties in Florida, with 17 offices and over 850 associates that generate annual sales in excess of $2.5 billion. Read more here: https://dev.hauteresidence.com/webinar-one-sothebys-international-realty-daniel-de-la-vega-real-estate-in-age-covid-19/

Cheryl Casone, FOX Business Network (FBN) co-anchor of "FBN:AM", interviewed a power developer panel with: Louis Birdman, Edgardo Defortuna, Michael Stern, and Jules Trump. Read more here: https://dev.hauteresidence.com/birdman-defortuna-trump-stern-live-developer-webinar/

Brothers Oren and Tal Alexander, heads of The Alexander Team at Douglas Elliman Real Estate, have been recognized for their unprecedented sales achievements in Manhattan, the Hamptons and South Florida. Read more here: https://dev.hauteresidence.com/oren-and-tal-alexander-latest-ny-south-florida-real-estate/

Douglas Elliman Florida Brokerage CEO Jay Parker. In his role since 2013, Parker has grown Douglas Elliman's presence in markets from Miami to Jupiter, to Palm Beach and St. Petersburg. They have a total of 21 offices and more than 1,100 agents. Read more here: https://dev.hauteresidence.com/watch-webinar-douglas-elliman-florida-brokerage-jay-parker/

The #1 selling real estate broker in North America for an unprecedented eight times, Dolly Lenz, head of Dolly Lenz Real Estate, and her daughter Jenny Lenz, Managing Partner at the firm. Read more here: https://dev.hauteresidence.com/new-york-real-estate-quarantine-watch-dolly-lenz-jenny/

A “condo experts” panel of South Florida agents: Elena C. Bluntzer, Bill Hernandez, Michelle Lynn Judd, and Alex Miranda. Read more here: https://dev.hauteresidence.com/watch-condo-experts-real-estate-quarantine-webinar-haute-residence/

South Florida experts Jill Hertzberg, Jill Eber, and Judy Zeder, founders of The Jills Zeder Group, which formed in 2019 and had a record year with over $665 million in sales volume. Read more here: https://dev.hauteresidence.com/the-jills-zeder-group-south-florida-real-estate-quarantine-webinar/

David Parnes and James Harris, the power team at The Agency, and stars of “Million Dollar Listing Los Angeles”, that has over $1.2 billion of value in properties in their current listing portfolio. Read more here: https://dev.hauteresidence.com/david-parnes-james-harris-webinar-la-real-estate-quarantine/

California real estate leader Aaron Kirman, who has sold over $6.5 billion in properties during his career and star of CNBC's show "Listing Impossible”. Read more here: https://dev.hauteresidence.com/aaron-kirman-california-real-estate-quarantine-webinar/

Five of the top California expert brokers, Ben Bacal, Dana Bambace, Ernie Carswell, David Gemme, and Shelton Wilder weighed in on the California real estate market. Read more here: https://dev.hauteresidence.com/california-real-estate-expert-panel-talks-about-industry-during-quarantine-in-live-webinar-by-haute-residence/

Four of the top Coldwell Banker agents worldwide participated in an international panel webinar that touched on multiple markets on both sides of the Atlantic Ocean: Laurent Demeure, Cyd Greer, Joyce Rey, and Carrie Wells. Read more here: https://dev.hauteresidence.com/international-real-estate-webinar-top-coldwell-banker-agents/

Georgia real estate expert Debra Johnston with special guest, motivational speaker and best-selling author Gary Quinn. Read more here: https://dev.hauteresidence.com/atlanta-real-estate-debra-johnston-gary-quinn/

Two of the Big Apple’s biggest names in real estate talk New York and its surrounding areas: Adam Modlin and Richard Steinberg. Read more here: https://dev.hauteresidence.com/watch-new-york-real-estate-quarantine-adam-modlin-richard-steinberg/

For more on Haute Residence, visit dev.hauteresidence.com.

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Watch: David Parnes And James Harris Join Haute Residence In Live Webinar On LA Real Estate During Quarantine

Andres E. Caceres — Wed, 15 Apr 2020 19:42:14 +0000

The LA real estate got an extra dose of insights today as David Parnes and James Harris highlighted Haute Residence's series of webinars on the industry and how it has been affected by social distance and quarantine measures.

The power team at The Agency and stars of “Million Dollar Listing Los Angeles” (the new season of the Bravo TV hit show starts on May 26th at 10PM EST) that has over $1.2 billion of value in properties in their current listing portfolio were hosted by Haute Living's Seth Semilof for a conversation that touched upon different areas of the Los Angeles market. If you wish to see it again or missed the live viewing, see it further below.

Here are the upcoming Haute Residence live webinars this week:

On Thursday, April 16th at 3PM EST, we will feature a live webinar with Aaron Kirman, the star of CNBC's "Listing Impossible" who has sold over $6.5 billion in properties during his career. He is President of the International Estates Division at Compass Realty, and the top agent in LA for the past decade, and in the top 10 nationwide. REGISTER HERE.

Also on Thursday, April 16th at 4PM EST, California real estate expert agents with billions in career sales Ben Bacal, Dana Bambace, Ernie Carswell, David Gemme, and Shelton Wilder will weigh in on the state of the real estate market there. REGISTER HERE.

Friday, April 17th at 2PM EST will feature an international panel. From Los Angeles to Aspen to Paris, Haute Residence hosts a live webinar with four of the top Coldwell Banker real estate agents worldwide: Joyce Rey, Cyd Greer, Carrie Wells, and Laurent Demeure. REGISTER HERE.

See the video of today's webinar above. About the panelists:

David Parnes has previously been named in Variety’s Showbiz Real Estate Elite in 2015, 2017, 2018 and 2019 and The Hollywood Reporter’s Top 25 Agents in the same years. Together with James, David has also been named on The Wall Street Journal’s REAL Trends list for 2015, 2016, 2017 and 2019.
James Harris began as a residential investment agent in the United Kingdom before heading to Los Angeles. With his partner David, James specializes in high-end residential real estate and investment properties in Beverly Hills, Bel Air, Brentwood, Hollywood Hills, Malibu, Pacific Palisades and the greater Los Angeles region.

Highlight quotes:

James Harris: "We are setting up for the future as the market continues to carry on. Those that are taking this time as a vacation are making a big mistake. You have to stay creative."

David Parnes: "California has so much to offer. Once the lockdown is over, I believe we will see an influx of activity, huge demand, and many transactions: a quick recovery."

Watch other Haute Residence webinars about the latest on the real estate market in national and international markets at dev.hauteresidence.com.

The post Watch: David Parnes And James Harris Join Haute Residence In Live Webinar On LA Real Estate During Quarantine appeared first on Haute Residence by Haute Living.

Watch: The Jills Zeder Group Talk South Florida Real Estate During Quarantine In Live Webinar By Haute Residence

Andres E. Caceres — Wed, 15 Apr 2020 14:50:15 +0000

Week 2 of Haute Residence's series of real estate webinars about the industry and its reaction to current quarantine and social distancing continued yesterday with South Florida experts Jill Hertzberg, Jill Eber, and Judy Zeder, founders of The Jills Zeder Group.

The Jills Zeder Group, affiliated with Coldwell Banker Realty, was formed in 2019 and had a record year with over $665 million in sales volume. Three families make up the Group, which specializes in luxury properties. They have offices in two of South Florida's best-known markets, Miami Beach and Coral Gables. Their clientele includes celebrities, Fortune 500 executives, as well as international buyers.

The informative and positive webinar was hosted by Haute Living's Seth Semilof. The Group had a great flow of answers that touched on the different aspects of the current market and is looking to a very active future. If you missed the live webinar, watch it further below.

Here are the upcoming Haute Residence live webinars this week:

Tune in today, April 15th at 2PM EST, when David Parnes and James Harris, the power team at The Agency and stars of “Million Dollar Listing Los Angeles” that has over $1.2 billion of value in properties in their current listing portfolio join us. REGISTER HERE.

See a live recording in the video above. About yesterday's panelists:

Jill Hertzberg, a Miami native, founded The Jills® with her business partner Jill Eber over 25 years ago. Passionate about her work and highly dedicated to her clients, she has a proven track record of providing extraordinary service and outstanding results. Renowned in the South Florida luxury real estate arena, she has longstanding client relationships, and has represented a wide range of respected community members and celebrities.
Jill Eber boasts a remarkable portfolio of record sales, in both homes and condos throughout Miami Beach, Fisher Island, Star Island, South of Fifth, La Gorce Island, Indian Creek up to Golden Beach, Coral Gables and Coconut Grove. She launched a successful luxury real estate business and ultimately partnered with Jill Hertzberg to create The Jills® over 25 years ago.
Judy Zeder, a Miami resident since 1978, has been a licensed Realtor-Associate in Florida for over 20 years. She brought her son, Nathan, into the real estate business in 2003, and they became known as “The Zeder Team.” Her daughter, Kara, joined the team in 2009. The Zeder Team has become one of the top residential real estate groups in Miami, consistently ranking in the top three groups in Miami-Dade County and in the top one-half of one percent nationally.

Highlight quotes:

Jill Hertzberg: "People with good credit are able to get financing. Even people who don't need a financing contingency are going for it because the money is inexpensive (because of low rates)."

Jill Eber: "We have been getting a lot of domestic buyers from New York, New Jersey, Connecticut, and even more so in California. There has been activity in our market, and some really good. We are in negotiations now on a few big deals. Deals are continuing to happen."

Judy Zeder: "We are working all the time. It's a tough time, but the best thing you can do as an individual and an agent is to stay positive and stay in touch with clients."

You can view last week's webinars by Haute Residence here.

The post Watch: The Jills Zeder Group Talk South Florida Real Estate During Quarantine In Live Webinar By Haute Residence appeared first on Haute Residence by Haute Living.

Watch: Condo Experts Talk Real Estate And Quarantine In Live Webinar By Haute Residence

Andres E. Caceres — Mon, 13 Apr 2020 21:08:29 +0000

The second week of Haute Residence's webinars focused on the real estate market during quarantine times got off to a Sunshine State start with a "Condo Experts" panel. The condo experts talked about the latest in real estate in South Florida and how each has adapted to recent changes. The webinar was hosted by Haute Living's April Donelson. If you missed the live webinar, watch it further below. And check out last week's webinars here.

Here are the upcoming Haute Residence live webinars this week:

On Tuesday, April 14th at 12PM EST, South Florida real estate experts The Jills Zeder Group join us. Formed in 2019 and affiliated with Coldwell Banker Realty, The Jills Zeder Group took sales to a new level by breaking its own records with an incredible $665,245,787 in transactions. The Jills Zeder Group is the #1 real estate team for Coldwell Banker worldwide. REGISTER HERE.

Tune in on Wednesday, April 15th at 2PM EST, when David Parnes and James Harris, the power team at The Agency and stars of “Million Dollar Listing Los Angeles” that has over $1.2 billion of value in properties in their current listing portfolio join us. REGISTER HERE.

Friday, April 17th will feature an international panel. From Los Angeles to Aspen to Paris, Haute Residence hosts a live webinar with four of the top Coldwell Banker real estate agents worldwide: Joyce Rey, Cyd Greer, Carrie Wells, and Laurent Demeure. REGISTER HERE.

See a live recording in the video above. Today's panelists were:

Bill Hernandez: Bill Hernandez comes from the Bill and Bryan Team, which ranked #3 in Miami-Dade County condo sales in 2018 and 2019, and #1 in Miami Beach for both years.
Elena C. Bluntzer: Elena C. Bluntzer is a Senior Global Real Estate Advisor at ONE Sotheby’s International Realty. She has ranked as a Top Producer for Sotheby’s consistently since joining the company six years ago. In 2019, she ranked at Number 6 in the company of over 975+ real estate professionals. She lives and specializes in Fisher Island and has been a broker in the luxury market in Miami for over 35 years.
Michelle Lynn Judd: Michelle Lynn Judd is Vice-President of Sales at Residences by Armani/Casa and Dezer Platinum Realty. She has sold over $4 billion in the luxury real estate market, setting her among the top tier of luxury brokers and as an expert in oceanfront properties in Miami.
Alex Miranda: Alex Miranda is the CEO of The Alex + Joe Team at Compass, one of South Florida’s most respected and award-winning luxury real estate groups, with sales volume in excess of $375 million.

Highlight quotes:

Bill Hernandez: "We have some sellers that have reacted and said to reduce the price significantly. I think it gives all realtors to speak to our sellers that may be overpricing to get to a more realistic price."

Elena C. Bluntzer: "Because of our taxes and our way of ample living, we expect a lot of pent up demand coming. Clients are looking for information from us."

Michelle Lynn Judd: "Because we're inside more, I've started to get all of my listings with video. It has been a great help. Doing virtual one-on-ones with the clients."

Alex Miranda: "You have to do the right thing, having empathy for what people are going through. Try to get a forbearance to help tenants."

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Register: “Real Estate During Quarantine” Webinars By Haute Residence

Andres E. Caceres — Mon, 13 Apr 2020 16:50:58 +0000

As most of the real estate industry is adapting to working from home, Haute Residence is hosting a series of live webinars on Zoom, featuring experts in real estate including leading developers, brokers, and real estate agents.

The Haute Residence webinars look to inform real estate agents, brokers, and insiders on how best to navigate the current outlook of the industry as most of its community is working from home in quarantine.

Each webinar has limited space. Below are the ones coming up with the respective link to register for each, as well as video recordings of the ones that have taken place already below.

Monday, April 13th at 2PM EST will be highlighted by a special “Condo Experts” webinar with Bill Hernandez (Bill and Bryan Team), Elena C. Bluntzer (ONE Sotheby's International Realty), Alex Miranda (The Alex + Joe Team at Compass), and Michelle Lynn Judd (Residences by Armani/Casa). REGISTER HERE.

On Tuesday, April 14th at 2PM EST, South Florida real estate experts The Jills Zeder Group join us. Formed in 2019 and affiliated with Coldwell Banker Realty, The Jills Zeder Group took sales to a new level by breaking its own records with an incredible $665,245,787 in transactions. The Jills Zeder Group is the #1 real estate team for Coldwell Banker worldwide. REGISTER HERE.

On Thursday, April 16th at 3PM EST, we will feature a live webinar with Aaron Kirman, who has sold over $6.5 billion in properties during his career. He is President of the International Estates Division at Compass Realty, and the top agent in LA for the past decade, and in the top 10 nationwide, and star of CNBC’s Listing Impossible”. REGISTER HERE.

Friday, April 17th will feature an international panel. From Los Angeles to Aspen to Paris, Haute Residence hosts a live webinar with four of the top Coldwell Banker real estate agents worldwide: Joyce Rey, Cyd Greer, Carrie Wells, and Laurent Demeure. REGISTER HERE.

The series started on Monday, April 6th with Daniel de la Vega, President of ONE Sotheby's International Realty. He recently oversaw the closing of the penthouse at One Thousand Museum by Zaha Hadid Architects purchased by David Beckham. Mr. de la Vega oversees ONE Sotheby’s locations in Miami-Dade, Broward, Palm Beach, and Martin counties, with 17 offices over 850 associates that generate annual sales in excess of $2.5 billion. Watch the webinar below.

On Tuesday, April 7th, a power developers' panel took place. FOX Business Network anchor Cheryl Casone hosted and interviewed Louis Birdman, Edgardo Defortuna, Jules Trump, and Michael Stern. Each gave his thoughts on the best ways for real estate agents, brokers, developers, and the industry overall to go forward in light of the recent changes to the industry. Watch the video below.

Wednesday, April 8th featured the powerhouse real estate agents Oren and Tal Alexander, the sibling duo who just last month received top accolades from Douglas Elliman Real Estate for their top-performing numbers in Manhattan, Miami, and the US. Watch the video below.

CEO of Douglas Elliman Florida Brokerage Jay Parker highlighted the current real estate climate from the brokerage point of view on Thursday, April 9th. Watch the video below.

On Friday, April 10th, New York "Queen of Real Estate" Dolly Lenz, who has sold over $12 billion in properties throughout her career, and her daughter Jenny Lenz, Managing Director of Dolly Lenz Real Estate, talked about the current outlook of real estate in the Big Apple. Watch the video below.

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Million Dollar Listing’s James Harris On What Makes L.A. Special

Colin Daniels, M.A. — Thu, 13 Jun 2019 17:13:01 +0000

The perfect blend of British style and American drive, James Harris brings his charisma, intellect, and wit to Million Dollar Listing Los Angeles. Born and raised in London, England, Harris' entrepreneurial drive started at the tender age of 16. After working as a residential investment agent in the United Kingdom, Harris headed west to Los Angeles to broaden his horizon and to enjoy the California sunshine.

Today, Harris is living the American Dream, working in a city he loves with an incredibly talented group of people. He and business partner, David Parnes, specialize in high-end residential real estate and investment properties in Beverly Hills, Bel Air, Holmby Hills, Sunset Strip, the Hollywood Hills, Brentwood, Pacific Palisades, Malibu, and the greater Los Angeles region.

James is happily married to his beautiful wife, Valeria, and together they have two daughters, Sofia and Chloe. His three girls are the light of his life. When he is not at work, James and his family love going to the beach and spending quality time together. A firm believer in giving back to the community, Harris is heavily involved in various humanitarian causes including the Jewish Federation Community and CHLA (Children's Hospital Of Los Angeles).

Haute Residence caught up with Harris to discuss what makes Los Angeles’ real estate market unique and what trends he is seeing amongst developers.

How did you get involved in real estate?

I was the guy who said school wasn’t for me. I wanted real life experience. I started in the real estate industry at the age of 16 working as an assistant in London. I worked my way up the ranks and was the number one salesperson after 8 months. I worked in residential for three years and then moved too commercial where I worked for another two years. At the age of 21, I moved to Los Angeles where I started my real estate company a year later.

What do you love most about L.A.’s real estate market?

I love the architecture and design, the views, the people, the weather. Los Angeles is changing and evolving so much. There’s so much influence from fashion, art, and music. It’s amazing to be at the forefront and to see how these trends all translate into the development of high-end homes.

What makes L.A.’s market different from other cities?

Unlike some of the other major cities like London, New York, and Hong Kong, Los Angeles has land. And many of the prime neighborhoods offer sweeping views. This is a different lifestyle than living in a penthouse apartment. The value in Los Angeles is also considerably less on a dollar per square foot basis which is why we see so many overseas investors purchasing real estate here.

Are there any trends developers are following?

Yes, the first shift I’m seeing is developers moving from single-family to multi-family. I’m also seeing a shift in the design and finishes of newer modern homes. The tones, textures, and finishes are becoming much warmer and inviting. Developers are really focusing on turning a house into a home.

What do you love most about living in L.A.?

It’s such a wonderful lifestyle. We live so close to the beach, the mountains and so many great destinations. My children are so fortunate to grow up here. We get to go on hikes together, drive to Santa Barbara and San Diego. There’s so much the city has to offer.

Can you tell me about the PLS?

The PLS is the Pocket Listing System. It’s a platform for agents to load off-market or pocket listings before going on the MLS. Agents are able to test the market to see if the price point is well received before officially going on the market. Other platforms have limited our ability to market listings and we’re working to give agents a bit more control.

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