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General Area in Santa Monica : Real Estate Advice

  • All257
  • Local Info26
  • Home Buying64
  • Home Selling13
  • Market Conditions3

Activity 17
Mon Sep 12, 2016
Sheryl Arndt answered:
Hello evaslee1, I am afraid your question is not complete to know what your inquiring about. Are you looking to rent or buy? The purchase in Santa Monica start from 499k for 1bd 1ba condo.

You should consider RENT vs BUY options as you may qualify to buy with minimal out of pocket expenses and pay less than rent.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
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Thu Dec 17, 2015
Rich Reed answered:
It is not a circle, so it doesn't have a radius. You can see what the MLS defines as the area by checking:
You can find school ratings at: ... more
0 votes 1 answer Share Flag
Thu Dec 17, 2015
Rich Reed answered:
There is a large difference in median sales price between those areas. Here is a chart:
Why? Location!
0 votes 1 answer Share Flag
Mon Sep 30, 2013
Deborah Richetta Simon answered:
Adding listings to Trulia or any other multi-purpose site is called 'syndicating' and is left to the discretion of the Brokerage. Most have taken advantage of this add-on marketing strategy over the last several years but times are changing. Very recently, Berkshire Hathaway, who purchased all almost all of the Prudential Realty offices in California and many others around the country, has made the decision to opt of this practice. They hope they can re-create an exclusivity again. The individual agent still has the option to participate.

When all is said and done have some fun 'flying around' checking out what you can get for the money. When you're serious....check out the credibility of local agents.

Deborah Richetta Simon - find me on YELP!
John Aaroe Group-Sherman Oaks or
... more
0 votes 10 answers Share Flag
Mon Aug 12, 2013
Daniel Castiel answered:
Craiglist and Westside Rentals are excellent for putting up your rental listing, If you have the experience and time then you don't need an agent, otherwise it's a good idea to let an Agent take care of screening tenants. ... more
0 votes 7 answers Share Flag
Fri Nov 23, 2012
Dorene Slavitz answered:
Yes the Brokers (buyer agent and listing agent) will both get their commissions if a buyer was brought through who now wants to "make a deal" with you. The term is "procuring cause" and it is the subject of many lawsuits. ... more
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Sun Nov 4, 2012
Brett Daniels answered:
Thank you everyone for your responses. Passed first time out. Used the CD Series from Allied Schools.

Began 30 days early. Did one chapter daily, the CD and the study book together. Reviewed at the end. It seemed to prepare me. ... more
0 votes 5 answers Share Flag
Wed Aug 24, 2011
Lance King answered:

Although you're probably better served by having your agent handle these things for you, there's nothing wrong with you contacting the agent to see the property. Tell your agent and hopefully he/she can join.

If you aren't happy with your current agent you can always change, but I strongly advise you not to use the listing agent of any property to represent you as well. Although it is legal - It's called dual representation - you want someone fighting for your interests and yours alone.

Best Regards,

Lance King/Owner-Managing Broker
DRE# 01384425
... more
0 votes 12 answers Share Flag
Wed Aug 24, 2011
Dorene Slavitz answered:
Dear Larry,
The buyer agent is paid at closing. We are paid a percentage of the listing agents commission unless another arrangement has been made between you. You can really help your hardworking buyer agent by referring them to your friends though. That would be a great "gift" to give! ... more
0 votes 7 answers Share Flag
Wed Jun 29, 2011
Lance King answered:

Over the years many grateful clients have brought us expensive bottles of champagne (one brought a whole case), nice dinners, etc... but in reality a fantastic review and proactive referrals are much more beneficial. ... more
0 votes 6 answers Share Flag
Mon Jul 27, 2009
Dorene Slavitz answered:
Santa Monica is a nice area for families, but the area can be pricey so you do need an experienced agent who can guide you.
There is a website with local information called Just search for Santa Monica. As far as schools go, we use a website that rates schools called However, Santa Monica is one of the tri-cities School Districts along with Beverly Hills and Culver City..considered some of the best!
If you would like to see what is for sale in the area,I have free access to the MLS on my website below (no obligation)
... more
0 votes 4 answers Share Flag
Tue Jul 7, 2009
John Barry answered:
Hi Paul,

Check out this site - you might find it interesting - it will allow you to calculate cost of living comparisons between cities:

Hope this helps... Let me know if you need help finding a qualified Realtor in NJ..

Have a good day...

John Barry
Coldwell Banker Residential Brokerage
Cell: 323-810-7976
Twitter: @RealtorJB
... more
1 vote 1 answer Share Flag
Sat Jun 27, 2009
Jim Brunet answered:
I don't know the TORCA code on that particular detail but I seriously doubt that the Santa Monica Rent Control Board would countenance evicting a widow because she wasn't signatory to the original rental contract. Most rental agreements include clauses about the number of occupants and I'm pretty sure that it's the occupancy, not the signature on the rental agreement, that would govern the tenant's status. ... more
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Fri Jan 2, 2009
Dorene Slavitz answered:
Hi Candice,
I checked out the address you gave me but it is not listed for lease. If you would like to check for other property for lease in Santa Monica you can access that from my website below (No cost or obligation) ... more
1 vote 1 answer Share Flag
Sat Dec 13, 2008
Maria Morton answered:
PS Interacting online counts. Email and texting have become the preferred mode of communication by many clients and we realtors have adapted. Personally, I spend more than 2 hours per day on email and another hour or so on other computer tasks. The reason you have realtors on Trulia to answer your questions is because we are building our web presence. It's a form of indirect advertising. Yes, I do enjoy reading the questions. Yes, it makes me feel good when we can help someone. I love my job! But this is work. ... more
1 vote 7 answers Share Flag
Sun Sep 21, 2008
Jodi Summers answered:
I'm guessing you're talking about renting an apartment.
In Santa Monica, Initial lease term is generally one year, and then you go on month to month.
Rent increases are dictated by the City of Santa Monica in July, they go into effect into September. They never seem to equal the cost of living increase. (This year was 2.7%).
Prices are as variable as jobs, depending upon what you're bedroom, two bedroom, three bedroom, etc. I believe the going rate for a 1-bedroom in Ocean Park is around $1,800 per month at the moment.
... more
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Tue May 20, 2008
Dorene Slavitz answered:
Culver City is a good area to look in. It's close to Santa Monica and still reasonable.
1 vote 6 answers Share Flag
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