Resources on Luxury Real Estate in Hollywood

Luxury Real Estate

In addition to simply defining and classifying a property, Luxury real estate also carries with it a much weightier responsibility for those who serve the luxury real estate buyer or seller and that is due to the buyer or seller's ability to pay for added services and their expectation for performance of service. For example, a luxury seller expects a real estate agent selling their home to advertise nationally and sometimes internationally in luxury print media whereas a non luxury seller is usually satisfied with very localized advertising and exposure in the local Multiple Listing Service. Many luxury buyers expects a real estate agent to understand how to work with attorneys, trusts and anonymity. They expect a luxury agent to have resources at their disposal when needed that non luxury buyers wouldn't expect. Frequently a luxury home buyer will take a home through multiple inspections (perhaps 10 to 15 if the property is truly an estate), whereas a non-luxury home will typically go through one inspection.

Excerpt from 'Luxury real estate.' Wikipedia, The Free Encyclopedia. 1 May 2006, 03:52 UTC. 1 May 2006, 11:54 http://en.wikipedia.org/w/index.php?title=Luxury_real_estate&oldid=50994773

Hollywood

There is currently no official boundary of Hollywood (Los Angeles does not have official districts), but the 2002 secession movement and the current Neighborhood Council boundaries can serve as guides. There is a sign at the northeast corner of Fairfax Avenue and Melrose Avenue indicating that one is entering Hollywood. Generally, Hollywood's southern border follows Melrose Avenue from Vermont Avenue west to Fairfax Avenue. From there, the boundary continues north on Fairfax, wrapping east around the separate City of West Hollywood along Willoughby Avenue then wrapping around on La Brea and heads west along Fountain Avenue before turning north again on Laurel Canyon Boulevard into the Hollywood Hills. The eastern boundary follows Vermont Avenue north from Melrose past Hollywood Boulevard to Franklin Avenue. From there, the border travels west along Franklin to Western Avenue, and then north on Western into Griffith Park. Most of the hills between Laurel Canyon and Griffith Park are part of Hollywood. The commercial, cultural, and transportation center of Hollywood is the area where La Brea Avenue, Highland Avenue, Cahuenga Boulevard, and Vine Street intersect Hollywood Boulevard and Sunset Boulevard. The population of the district is estimated to be about 300,000.

Excerpt of "Hollywood, Los Angeles, California." Wikipedia, The Free Encyclopedia. 29 May 2006, 08:43 UTC. Wikimedia Foundation, Inc. 30 May 2006 http://en.wikipedia.org/w/index.php?title=Hollywood%2C_Los_Angeles%2C_California&oldid=55710987