INDEX

A

  • Ali, Muhammad, 26
  • Allred, Keith, 180
  • Altman Brothers Company
    • about, 911
    • branding by, 6870
    • close systems developed by
      • application of, 209210
      • basic phases of, 1415
      • method for, 17
      • negotiations in, 210211
    • dream team at
      • information from, 53
      • knowledge of, 99100
      • name selection, 40
      • need for, 39
      • role of, 4041
      • strategic alliances of, 6263
      • trust building by, 43–44
    • foundations of, 209
    • golden hammer of, 75
    • listening by, 7475
    • marketing by, 28
    • networking by, 5657
    • open houses by, 126
    • ranking of, 9
    • research by, 198
    • role models for, 1922
    • talents of, xixii
    • treatment of buyers by, 9394
    • twenty questions for sellers, 7680
    • use of technology by, 6668
  • Angelou, Maya, 113
  • Anger
    • body language of, 180181
    • controlling, techniques for, 178179
    • focus of, 180
    • in negotiations, 177179
    • weakness of, 178
  • Anxious negotiators, 180
  • Appearance, 33, 36
  • Architectural Digest, 66
  • Attention spans, 74
  • Attitudes, 37

B

  • Backyards, 77
  • BANTA
    • for buyers, 167
    • for curve balls, 154
    • need for, 148
    • for walk-aways, 192
  • Bar code technologies, 121
  • Barkley, Charles, 40
  • Bathrooms, 7778
  • Bel-Air, 117
  • Belfort, Jordan, 49
  • Best and final offers, 150151
  • Beverly Hills, 57
    • branding efforts in, 6970
    • sales challenges of, 6
    • wealth of, 70
  • Beverly Hills Hotel, 16
  • Bidding wars, 166168
  • Bird Street neighborhood, 34, 54
  • Bird, Larry, 40
  • Body Language, 180181
  • Boston Red Sox, xix
  • Boundaries, 166
  • Brady, Tom, xiv
  • Branding
    • mindset for, 6970
    • with press, 6668
    • by selling, 6566
    • with social media, 6668
    • through speaking engagements, 6869
  • BRAVO
    • audition call from, 2526
    • success on, 66
    • wedding planning on, 107
  • Brokers' caravans
    • benefit of, 61
    • networking at, 6263
    • purpose of, 68
    • tactics for, 6869
    • timing of, 126127
  • Brooklyn, 54
  • Building codes, 83
  • “Bumpback” clause, 155
  • Business styles
  • Buyers
    • analyzing, 105106
    • contact info from, 61
    • curve balls in, 154155
    • emotional appeals by, 149
    • fears of, 106107
    • Internet use by, 120
    • negative feedback from, 136
    • neighborhood peer influence on, 159
    • offers by
    • open houses for, 126127
    • personalities of, 104105
    • questions for, 9495
    • relationship to, 103104
    • serious, 60
  • Buyers agreement, 55
  • Buzz, generating, 48

C

  • Carrying costs, 84
  • Cash vs. financing, 152
  • Catering, 128
  • Chandler, Dorothy, 69
  • Charities, 5657
  • Cialdini, Robert, 58, 71
  • Clients
    • communication modes, 7980
    • eye contact with, 37
    • finding, 52
    • flustered, 100
    • Hollywood, 1011
    • impressing, 3738
    • instilling confidence in, 910
    • multiple, 199200
    • potential, 3334
    • price-drop pitch to, 135136
    • questions for, 7680
    • relationship with, 45, 139140
    • understanding, 34
  • Closes, 15
    • basis of, 209211
    • commonality of, 3132
    • date for, 153
    • failure of, reasons for, 32
    • images for, 121
    • importance of, 25
    • from listing, 4748
    • reputation from, 42
    • resolution of, 49
    • right angle, 35
    • role models for, 19
    • scripts for, 15
    • sense urgency in, 14
    • systems for, 1415
    • technique, xv
  • Closing costs, 153
  • Code of Hammurabi, 57
  • Cognitive bias, 34
  • Collaborator (I Win – You Win), 173
  • Color photography, 117
  • Commissions, 155, 210211
  • Commuting, 95
  • Compliments, 37
  • Compromise, xiv
  • Concessions, 182, 183
  • Concierge services, 7071
  • Connecticut Muffin, 54
  • Contingencies, 149152
  • Conveyances, 153
  • Counteroffers, 168169
  • Creative Artists Agency (CAA), 2324, 41
  • Curb appeal
    • cost of, 117
    • importance of, 122
    • landscaping for, 78
  • Cutthroat compromise, xix

D

  • Damon, Matt, 24, 54
  • David, Larry, 164
  • Days on the market (DOM), 109110, 147
  • De Niro, Robert, 56
  • De' Medici, Cosimo di Giovanni, 2627
  • Deals
  • Decision making
    • advising on, 158
    • basis of, 34
    • shaping of, 58
    • system thinking for, 107
  • Demands, extreme, 182
  • Democrat (I Win – You Win), 173
  • DiCaprio, Leonardo, 4647
  • Down payments, 152153
  • Draft, catching, 3536
  • Drake, 56
  • Dream team, see also Altman Brothers
    • information from, 53
    • knowledge of, 99100
    • need for, 39
    • role of, 4041
    • strategic alliances of, 6263
    • trust building by, 43
  • Dress style, 36
  • “Due diligence,” 153
  • Dylan, Bob, 113114

E

  • Earnest money deposit (EMD)
    • as deal sweetener, 152
    • in negotiations, 175
    • requirement of, 149150
    • size of, 158
  • Einstein, Albert, 28
  • Eisenhower, Dwight D., 69
  • Emotional intelligence, 181182
  • Emotions
  • Escalator clauses, 150
  • Escrows, 152153
  • Ewing, Patrick, 40
  • Exclusive right to sell, 91
  • Experience, organization of, 50
  • Extreme demands, 182
  • Eye contact, 37

F

  • Facebook, 67, 68
  • Feedback, 8687, 136
  • Ferrari Dino, 1
  • Fight or flight mode, 179180
  • Financing, 95, 152
  • Fight or flight mode, 179180
  • Financing, 95, 152
  • First impressions
    • decision making and, 34
    • in Hollywood, 3334
    • opinions formed from, 3233
    • rules for, 3538
      • acting the part, 36
      • complimenting, 36
      • draft catching, 3536
      • dressing part, 36
      • eye contact, 37
      • jargon avoidance in, 35
      • listening, 35
      • positive attitudes, 37
  • Fisher, Roger, 50
  • Flagg, Josh, 26
  • Flipping properties, 10, 146
  • Follow-through, 17
  • FOMO, 158159
  • Ford, Henry, 28
  • Franklin, Benjamin, 107
  • Friction, creation of, 168
  • Furniture, staging, 122123

G

  • Game-time mentality, 10
    • application of, 15
    • description of, 68
    • knowledge and, 99
    • life-style selling and, 7071
    • steps, 1314
    • strategic alliances in, 6263
  • Gates, Bill, 172
  • Gentrification, 5354
  • Get-the-listing moment, 4546
  • Getting to Yes (Fisher, Ury), 50
  • Getty, J. Paul, 69
  • GOAT (greatest-of-all-time), 27, xiv
  • Golden hammer
  • Google
    • business page, 68
    • ranking on, 67
    • rankings, 121
    • in Venice Beach, 54
  • Governing magazine, 53
  • Gretzky, Wayne, 12
  • The Guardian, 7879

H

  • Hancock Park, 69
  • Hard-baller moves, 177179
  • Harvard University, 179
  • Hathaway, Anne, 54
  • Herjavec, Robert, xii
  • Hollywood
    • being, 169
    • definition of, xiii
    • game time in, 8
    • making deals in, 1516
    • market of, 1011
    • virtual reality in, 119
  • Hollywood Hills
    • Bird Street neighborhood in, 34, 54
    • description of, 12
    • Moroccan-style listing in, 114
  • Homes. See also Listings
    • architectural styles, 130
    • assessment of, 107
    • deals on, 53
    • depreciation of, 133
    • inspection of, 149152
    • landscaping around, 112, 164
    • living styles, 7778
    • new construction, 12
    • overpaying for, 146
    • personalization of, 111
    • size, 96
    • symbolism of, 3132
    • updating, 82
  • Honesty, 181
  • House of Medici, 26
  • Huffers, puffers and liars, 183
  • Human nature, 175
  • Humor, 191

I

  • I Love You, Man (film), 60
  • I Sell the Dream (Drake), 56
  • Ideas, organization of, 50
  • Information, power of, 57
  • Inspections, 149152
  • Instagram, 67, 68
  • Intellectual (I Win – You Lose), 173
  • Interior design, 115118
  • Internet, 6768
  • It's Your Move (Altman), xiiixiv

J

  • Jargon, 35
  • Jay-Z, 114
  • Jobs, Steve, 27, 172
  • Johnson, Lyndon B., 69
  • Johnson, Magic, 40
  • Jordan, Michael, 26, 40

K

  • Kahneman, Daniel, 34, 107
  • Kardashian West, Kim, 48
  • Kennedy School of Government, 179, 180
  • Kennedy, John F., 69
  • Kitchens, 77, 78
  • Knowledge, 97, 168

L

  • La Jolla beach property, 201202
  • Landscape architects, 112
  • Landscaping, 77, 164
  • Leverage, 165168
  • Life-style sales, 7071
  • Listening
    • close and, 4748
    • first impressions and, 35
    • generating energy around, 4849
    • getting, 4546
    • multiple clients for, 199200
    • during negotiations, 7376
  • Listing agreements, 110
  • Listings, 91. See also Homes; Properties
  • work phase of, 4649
  • Los Angeles. See also individual communities of
    • changing landscape of, 5354
    • film industry in, 4550, 56
    • first impressions in, 33
    • Hancock Park, 69
    • people investing in, 5152
    • Rams move to, 55
    • sales, average time for, 13
  • Los Angeles Dodgers, xix
  • Love the Way We Used to or Better (Altman), 21

M

  • Malibu, 117
  • Malone, Kevin, 40
  • Manhattan Beach, 57
  • Marketing
    • budgets, 90, 121, 128
    • by generating buzz, 48, 61
    • in price drop schedule, 136
    • staging and, 111
    • strategy for, 28, 111
  • Markets
  • Markkula, Mike, 27
  • McNabb, Donovan, 13
  • Microsoft, 74
  • Million Dollar Listing: Los Angeles, 161
    • closes on, 176
      • auditing for, 4748
      • being cast on, 2526
      • broker's caravan on, 129
      • growing popularity of, 29
      • impact of, 29
      • multiple offers on, 161
      • role on, 2829
    • description of, 5
    • drama on, 15
  • Moment-to-moment lease, 55
  • Morrison, Jim, 54
  • Mortgages, 154155
  • Mr. Nonchalant (I Win – You Win), 173174
  • Multiple offers
  • “My hands are tied” move, 182183

N

  • Narcissism, 35
  • National Basketball Association (NBA), 40
  • National Football League (NFL), 55
  • Negative attitudes, 37
  • Negative attitude, 37
  • Negotiations, 2425
    • anger in, 177179
    • beginning of, 50
    • confidence in, 184185
    • for counteroffers, 168169
    • difficulty of, 16
    • emotional intelligence for, 181182
    • fight or flight mode in, 179180
    • hard-baller moves in, 182183
    • information for, 7376
    • for multiple offers, 162168
    • for price, 144149
  • Neighborhoods, 77, 95
    • agents' knowledge of, 97
    • gentrification of, 5354
    • influence on buyers, 159
    • knowledge of, 5255
    • open houses and, 129130
  • Networking, 5658
  • Nixon, Richard M., 69
  • Non-disclosure agreements (NDAs), 48

O

  • Offers. See also Multiple offers
  • OG “old gangster” (I Win – You Lose), 174
  • Open houses, 2425, 140. See also Brokers' caravans
  • Open, Work, Close mantra, 50
  • Opens, 15, 37, 51, 91
    • definition of, 45
    • diversity of, 5152
    • insider, 6263
    • launch and, 17
    • navigating, 5556
    • networking at, 5657
    • pricing and, 86
    • promotion of, 66
    • sitting, 24
  • Over-ask tactic, 167, 168

P

  • Pacific Palisades, 151, 163164
  • Parameters, 166
  • Parent (I Win – You Win), 173
  • Park Slope, Brooklyn, 54
  • Passive-Aggressive (I Lose – You Lose), 172173
  • Peers, neighborhood of, 159
  • Permits, 83
  • Personality types, 104105
  • Photographs, 6668, 117120. See also Videos
  • Plan B. See BANTA
  • Pocket listings, 11, 134
  • Poseurs, 36
  • Prairie-style house, 131
  • Pricing
  • “Proof of funds” letter, 152
  • Properties. See also Homes
  • Prospect theory, 34
  • Psychological drivers, 34
  • Punctuality, 34

Q

  • Quality-of-life questions, 79

R

  • Rain Man of LA Real Estate talking, 175176
  • Real estate agents
    • assertive, 171172
    • commissions, 155, 210211
    • community changes and, 53
    • continuing learning by, 62
    • faking by, 36
    • first impression of, 3234
    • flustered, 100
    • gossip among, 175
    • honesty of by, 181, 183
    • listing judgments by, 8687
    • as middle men, 57
    • open houses for, 6869, 126129
    • roles of, 6
    • type-A, 41
    • winning by, 56
    • younger, 145
  • Reciprocity, 58
  • Redfin, 67, 120, 129, 134
  • Relaunch, 11
  • Rental market, 146147
  • Reputations, 38
  • Restoration Hardware, 16
  • Riding the draft, 3536
  • Rivera Golf Course, 163164
  • A River Runs Through It feel, 120
  • Robinson, David, 40
  • Rockwell, Norman, 120
  • Rounders (film), 24
  • Rolls-Royce, 129
  • Royals (I Win – You Lose), 172
  • Rural ambiance, 120
  • Ruth, Babe, 26

S

  • Sales
    • average time for, 13
    • battle plan for, 109110
    • fundamental rule of, 21
    • life-style, 7071
    • at open house, 125126, 130131
    • timing of, 79
    • work phase of, 4649
  • Sam Adams lager incident, 2021
  • San Diego, 53
  • Sandler, Adam, 164
  • Schools, 96
  • Scorcese, Martin, 56, 46
  • Search engine optimization (SEC), 6768
  • Security systems, 78
  • Segal, Jason, 60
  • Self-defenders (You Win Some – You Lose Some), 172
  • Sellers
    • emotional appeals to, 149
    • markets, 10, 53
    • motivated, 82
    • offers to, 157159
    • overpricing by, 133134
    • potential, 8990
    • uncommunicative, 154
  • Seventy-two hour rule, 157158
  • Shark Tank, xixii, 167
  • Silver Lake, 55
  • Slow concessions, 182
  • Social media, 6668, 120
  • Society for Personal and Social Psychology, 33
  • Solidarity, 43
  • Speaking engagements, 6869
  • Speed-dating study, 33
  • St. Louis Rams, 55
  • Staging
  • Stahl House, 131
  • Starbucks, 57
  • Stockton, John, 40
  • Strategic alliance game, 6263
  • Success, xivxv
    • building on, 4142
    • dressing for, 36
    • image of, 66
    • marketing and, 28
    • milestones, 47
    • team efforts for, 17
  • Super-hot markets, 86
  • Syracuse University, 13

T

  • “Take it or leave it” move, 183
  • Technology
    • Altman Brothers use of, 6668
    • cutting edge, 66
    • idea of, 27
    • for tracking, 121
  • Thinking systems, 34, 107
  • Thinking, Fast and Slow (Kahneman), 34
  • Time
    • for average sale, 13
    • demands of, 1011
    • leveraging, 166
    • as selling trigger, 159
    • spent in house, 78
  • Token concessions, 167
  • Trulia, 67, 129
  • Trust building, 4243
  • Twitter, 67
  • Type-A personality, 41
  • Tyson, Mike, 164

U

  • Underpricing, 86
  • University of Colorado, 13, 20
  • University of Syracuse, 13
  • Upgrades, 57
  • Ury, William, 50
  • Utilities, 83

V

  • Venice Beach, 54
  • Videos. See also Photographs
    • over-produced, 128129
    • and stills combo, 67
    • 360-degree, 66
    • trend toward, 121
  • Vimeo, 121
  • Volunteering, 56

W

  • Wahlberg, Mark, 56
  • Walk-away number, 162
  • Walk-aways
  • approaches to, 190192
  • benefits of, 192
    • contemplation of, 190
    • humor use in, 191192
  • points of no return in, 189190
  • reason for, 187188
  • Walk-throughs, 7680, 122
  • Ward, Heinz, 37
  • West LA, 2324
  • West, Kanye, 48
  • “We sell the dream” branding, 67
  • Williams, Michelle, 54
  • Win-win negotiations, 167
  • Windsor Square, 69
  • Wolf analogy, 4647
  • The Wolf of Wall Street (film), 4647, 49
  • Work phase, 4749
  • World Cup, 55
  • Wounded Warrior Project, 56

Y

  • YouTube, 68

Z

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