UPDATE----August 9, 2012-----Josh Altman is a rapper. Yes, you read that write. Check out his music video of "I Sell The Dream", complete with Heather in gold bikini. Here.
It's not that the homes featured in the latest episode "Shark Out of Water" didn't live up to the show's title of Million Dollar Listing, it's that the number of millions was too low for sellers.
Homes in the luxury areas in and around Beverly Hills, Malibu and Pacific Palisades still appreciate in value despite the current condition: they just haven't risen as high as sellers would like. In some cases, the final selling price could be less than they paid if one adds in the cost of improvements made to the interior and the property.
As the agents struggled to manage the expectations of their sellers, their personal lives intruded into their busy days. Fans of the Bravo show wouldn't want it any other way.
Josh Altman and Heather vs. Madison Hildebrand
When we last left our combatants they had yet to resolve the fight over commissions for Heather after Madison fired her from his agency. She was told to stop calling him and to speak through a lawyer if necessary. Watch the video of the cat fight
Altman showed up at another open house to try and get Hildebrand to back off. Did anyone really think that would work? The struggle continues.
While he was acting as his girlfriend's advocate, he was in a tug of war with a seller whose property in Hermosa Beach, California would result in a net loss for him if he chose to sell it at that moment. It was ugly between Josh and John the seller because they share personality traits. Both are confident, aggressive and not used to losing. While Josh had correctly pegged the ultimate selling price during the listing meeting, the seller was none too happy to be wrong.
To add insult to injury, the seller looked disgusted and said as much when Altman showed up for the listing appointment in jeans, athletic shoes and a polo shirt. Heather had informed him that agents in the beach communities don't wear custom made suits. Oops, Heather strikes again.
Josh Flagg loves Rodeo Drive
It's all location, location, location Flagg tells his assistant . When push came to shove on a home situated on the iconic street, a buyer stepped up to pay close to list price. It shocked Flagg but pleased the seller's agent who made it tough on Josh by listing the home for the bottom-line price she'd accept. Read: Even a facial doesn't have to stop business
The house was oddly designed and turned off most people at $2.995 million but as the saying goes, "There's a lid for every pot." On the personal side, Flagg has gone kicking and screaming into a healthy lifestyle to please partner Colton.
The scene of him at a gym with a trainer was classic. His facial expression never changed, whether he was doing crunches or cardio.He hates it like he hates eating healthy, but with him considering a family and marriage he seems to be willing to deal with the lack of comfort level. He surely loves Colton.
Madison Hildebrand is always in crisis
Between him being doused with wine by Heather at an open house and her announcing to former clients that she had split from Madison, the Malibu property specialist had to give bad news to his own seller.
A mammoth property In Pacific Palisades owned by a film executive was co-listed to double the exposure for what both agents knew was an unrealistic asking price. Madison and the other agent worked their tails off with all their contacts to no avail.
A testy meeting at which the seller grudgingly agreed to lower the price resulted in Madison realizing that there was a lack of trust between them. When the property finally got an offer in response to the new price it came in hundreds of thousands lower.
It helped a bit that Madison had a partner to explain the situation and a deal was done, but it's doubtful the seller will spread good cheer about his experience. A sneak peek at some scenes from the next episode of Million Dollar Listing L.A. seems to indicate a death in the Hildebrand family. Stay tuned.
Million Dollar Listing L.A. airs new episodes on Bravo Wednesday nights. There is plenty more to learn at the show's website where the agents post personal blogs. Image: Wikimedia Commons