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Michigan Post > Blog > Real Estate > Lesson Realized: Actual property requires endurance, empathy
Real Estate

Lesson Realized: Actual property requires endurance, empathy

By Editorial Board Published December 12, 2024 7 Min Read
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Lesson Realized: Actual property requires endurance, empathy

Learn how this Pacific Palisades luxurious agent and new growth professional has grown her profession alongside the expansion of her market.

Whether or not it’s refining your corporation mannequin, mastering new applied sciences, or discovering methods to capitalize on the following market surge, Inman Join New York will put together you to take daring steps ahead. The Subsequent Chapter is about to start. Be a part of it. Be part of us and 1000’s of actual property leaders Jan. 22-24, 2025.

An agent since 2003, Pacific Palisades, California, luxurious agent Jacqueline Chernov has constructed her enterprise alongside the expansion and growth of her Westside market. By way of deep roots locally and partnerships with native luxurious builders, she has turn out to be one of many space’s main market consultants.

On the identical time, she has stored her give attention to offering exemplary consumer service whereas giving again to the neighborhood as a member of the Pacific Palisades Girl’s League. Discover out what Chernov has discovered by way of her years in actual property — and what she’s anticipating to see within the yr forward.

Identify: Jacqueline Chernov

Title: Agent

Expertise: 20+ years

Location: Pacific Palisades

Brokerage title: Compass 

How did you get your begin in actual property?

I started my actual property profession over 22 years in the past, pushed by a deep ardour for properties and the need to assist individuals discover areas that actually resonate with their existence and targets. For me, a house is far more than only a property; it’s the place life unfolds, reminiscences are made and desires take root.

It’s extremely fulfilling to information shoppers — a lot of whom have turn out to be pricey mates — towards discovering their excellent place to name residence.

What do you want extra individuals knew about working in actual property?

I want extra individuals realized simply how a lot time and dedication actual property actually takes. It’s not your typical 9-to-5 — being profitable means being obtainable at any time when a consumer or deal wants consideration, whether or not that’s weekends, evenings or at any time when one thing comes up.

Personally, I all the time be sure to take a seat in my very own open homes as a result of my shoppers belief me to signify their property, and I take that critically. Past the hours, actual property additionally requires plenty of endurance, empathy and actually listening to individuals, since each consumer has their very own distinctive wants and challenges.

Inform us a couple of excessive level in your profession

A serious excessive level in my profession has been constructing a long-term partnership with developer Yaniv Nehemia, who has turn out to be greater than only a consumer — he’s a detailed good friend and enterprise companion. It began with a single new development venture in Pacific Palisades, and since then, we’ve accomplished over a dozen profitable initiatives collectively.

Most just lately, in 2024, we set a brand new file with a $32.8 million sale in Pacific Palisades, pushing the world’s luxurious market into worth ranges sometimes seen in Beverly Hills and Malibu. I’m presently working with Yaniv on six extra new development initiatives, and I’m additionally affiliated with GME Improvement, the place my relationship with Man Grimberg, the very first builder I collaborated with over a decade in the past, has come full circle.

I’m about to checklist one other ocean-view residence with Man in Pacific Palisades at a record-breaking worth. Being a part of these landmark offers and relationships in such a pivotal second for the luxurious market has been extremely rewarding.

What’s your high prediction for 2025?

My high prediction for 2025 is that we’ll see record-breaking costs for brand spanking new development in Pacific Palisades. There’s a noticeable pattern of consumers migrating from high-priced areas like Beverly Hills and Bel Air to the Palisades, the place they’re drawn to the small-town allure, high-end facilities and shut proximity to the seashore.

This demand is driving costs up, particularly for brand spanking new builds, and we’re witnessing a shift that’s positioning the Palisades to rival luxurious markets like Malibu and Beverly Hills.

What’s your high tip for freshly licensed brokers?

Be part of a workforce. I didn’t do that after I began, and searching again, I do know it could’ve accelerated my profession exponentially.

Being a part of a workforce provides you entry to important assets — like advertising assist, branding alternatives and invaluable open home expertise. Plus, having a mentor to information you and reply your questions is essential whenever you’re simply beginning out. The proper workforce will help you construct a strong basis a lot quicker than going solo.

What makes a superb chief?

I imagine what makes me a robust chief is a mixture of endurance, a enjoyable and approachable persona, and a deep understanding of the true property market. I genuinely get pleasure from sharing my experience, particularly in relation to new development, and serving to others develop of their careers.

My intensive information of the completely different areas in Los Angeles permits me to information my shoppers and workforce members in making well-informed choices. Plus, my massive consumer community and broad expertise throughout varied features of actual property give me the power to supply beneficial insights.

In the end, I’m obsessed with seeing others succeed, and I feel that’s what actually drives my management model.

Electronic mail Christy Murdock

TAGGED:EmpathyestatelearnedLessonpatiencerealrequires
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