Real Takk Podcast
Hosted by Takk Yamaguchi, the founding agents of Compass. (formally known as Urban Compass). This channel discusses all things real estate tech, national markets, brokerage, management, & operations with some of the best & brightest minds in the industry. Follow Takk at @takkyamaguchi on Twitter & IG, Takk Yamaguchi on Youtube, and his webiste www.thetakkteam.com
Episodes
7 days ago
7 days ago
Pleased to have Compass Chief Real Estate Strategist Mark McLaughlin on the Real Takk Pod to discuss all things real estate at the operational end, his beginnings, the growth & sale of his previous brokerage firm Pacific Union, and of course, one of our favorite states & destination Jackson Hole Wyoming where Mark currently resides. Mark's resume is phenomenal, from initially buying condos in SF, to buying developing Pacific Union, the financial struggles through his divorce, his incredible growth of Pacific Union to become one of California's largest residential brokerages, to ultimately selling the company to Compass for an 8 figure price, to what he is doing now as one of our leaders at Compass.
Our topics include:
What were the keys in going from 450 agents and 17 offices with 2B in sales volume, to 50 offices & 14B in sales volume with Pacific Union?
Was an exit from Pacific Union always the goal? How did you take the initial approach from Compass? Why sell when things were going to sell for you out west?
What are some of the biggest pitfalls you see an agent making in the post covid world of real estate? And for sellers & buyers?
Lots of negative news about our stock price in the last year. What are your thoughts on Compass from an investor/stakeholder POV?
What are your thoughts on the progression of our technology at Compass?
Please follow Mark's journey here:
https://www.linkedin.com/in/mamclaughlin/
Wednesday Mar 20, 2024
Episode 102: Nick Bowers, NYC's TOP Estate Lawyer Answers the Hard Questions!
Wednesday Mar 20, 2024
Wednesday Mar 20, 2024
I'm very pleased to have Nick Bowers on the Real Takk Podcast. Nick is one of the best lawyers focused on real estate & estate matters. We talk about the importance of creating an estate for your family, the costs, in which scenario estate law supersedes coop & condo boards, and the house rules that govern their operation. Does the coop stock & lease supersede the legal will? What happens when a death takes place and the real estate is left to their 'next of kin'? Nick is here to answer the TOUGH questions.
I connected around 7 years ago at a real estate closing & had a few opportunities to work with my clients on various estate matters. Nick is a lifelong New Yorker, born & raised in Manhattan & grew up in the Flatiron area where we are recording today. This is an important episode that everybody should listen to not just for financial reasons, but to ensure that your family is protected in the long term.
We’ll get to know more about Nick shortly, but to give you his general background, he did his undergrad in BU, law school at Pace, and currently runs an office of lawyers with his new partner Andrew Jorges whom I work closely with on a day to day basis on our deals.
Nick has glowing reviews online which I’ll share a few excerpts from:
Kevin G writes: “I rarely have an experience with a positive lawyer. I always get stuck with a bill that is unexpectedly high or getting shuffled between junior less experienced lawyers. That said, working with Nick has been awesome. He is thoughtful and thorough. He takes ownership for his work and follows the steps and details of the transaction closely.”
Dan P writes: Nick made me feel like I was his only client (although I know I wasn't) with remarkably quick and accurate responses. I've done 19 real estate transactions, and Nick is head and shoulders above the rest in managing closes. I would recommend Nick to anyone. Many thanks Nick.“
Please follow Nick on LinkedIn here
Please reach out to Nick at his website Jorges & Bowers LLP
Thursday Mar 07, 2024
Thursday Mar 07, 2024
Adam is a Partner at Fentin Goldman Turk & Davidoff LLP where he & his team represent a list of banks, buyers, sellers, sponsors, developers, and those involved in the real estate space in the state of New York. Adam & I have met at the closing table fairly recently in person, in the post covid era where face to face meetings have become a rare thing in the world of real estate.
Adam Turk is a lifelong New Yorker, born in Brooklyn, while doing a stint in Long Island, and now resides in New Jersey with his wife & kids. He’s a die hard knicks & rangers fan, while supporting many of the lowly teams that currently operate in our state. Please follow Adam on his socials:
Instagram: https://www.instagram.com/adamsethturkesq/
Linkedin: https://www.linkedin.com/in/adamsethturk
Adams Must Visits IN NYC:
Top Deli: Gottlieb's (get the chicken cutlet, don't ask questions!) South Williamsburg
Top BBQ: Izzy's Smokehouse https://izzyssmokehouse.com/
(Upper West Side )
Thursday Feb 15, 2024
The 100th Episode of The Real Takk Podcast
Thursday Feb 15, 2024
Thursday Feb 15, 2024
Thanking our listeners for the 100th episode. A huge shoutout to the friends of the pod!
Tuesday Jan 23, 2024
Tuesday Jan 23, 2024
Shay Artzi is the Senior Vice President and head of Engineering at Compass. He comes on the show to discuss all things Compass AI, the past, present & potential future of what this technology may hold for real estate professionals. Shay’s background is nothing short of impressive. He obtained both his BA & Master in Computer Science at the Israel Institute of Technology, then later obtained his Ph.D. at MIT in Computer Science. Before joining Compass, Shay was the principal software development manager for Amazon Web Services, and an engineering manager at Amazon, and before that, he built his career working in cloud infrastructure at IBM.
In this era of technological change, I believe it’s important that we have Shay on our pod. I recognize that both consumers & and agents must be able to digest these massive changes, and not let the public or news outlets run with their own version of the story, or rush to their judgments on what AI’s role will be in our world of real estate.
Please follow Shay’s LinkedIn profile.
Please follow me on:
IG
Twitter
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Friday Dec 29, 2023
Friday Dec 29, 2023
My good buddy & industry leader Justin Rubinstein comes onto the Real Takk Pod to catch up on the real estate world of 2023, and what he looks forward to in 2024.
Justin's favorite social media platform is Linkedin, so give him a follow here!
Topics Covered:
Favorite social media platform of the year?
Favorite podcast of the year?
Favorite new development project of the year?
Favorite re-sale project of the year?
Favorite Deal of the Year?
A personal highlight of the year?
Trip of the year?
NYC Restaurant of the year? Cochina Alba in West Chelsea
1. The Biggest Winners in Real Estate 2023 (I.e. Related projects in NYC, NYC landlords achieving high rents, Jerome Powell, Sheldon Solow's Son, etc.)
2. The Biggest loser in Real Estate 2023 (i.e. Manhattan office market, due to high vacancy, first time home buyers with the high interest rates, the government, rent stabilized landlrods,)
3. The Biggest Winner in Business, not real estate related 2023 (Black Friday shoppers, auto dealers, home builders, breweries, wedding venues, etc.)
4. The Biggest loser in Business 2023 (Elliman, Compass stock, SBF, Harvard, etc.) high end liberal arts colleges (re-edit)
5. The Biggest real estate surprise in 2023 (I.e. rapid raise in interest rates, how inflation impacted the feds strong response, etc.) in elasticity of the market
6. The Best new trend in real estate (i.e. influencers in real estate, tiktokers being real estate agents, increase of home ownership, more millennials in the market for purchase, etc. )
8. The Worst Trend in Real Estate 2023 (i.e. rise of mortgage interest rates, trillions of wealth wiped off the NASDAQ & stock market, etc.)
9.Predict the biggest winner in real estate in 2024: (i.e. Stephen Ross b/c he may win the superbowl, the city of Aspen who seems to be recession proof, Texas, etc.)
10. Predict the biggest loser in real estate in 2024: (i.e. Compass Stock, Multi family market, old condos, pre-war coops, DC real estate, etc.)
Friday Dec 29, 2023
Episode 97: End of Year Wrap Up & 2024 Prediction Pod with Mark Jovanovic
Friday Dec 29, 2023
Friday Dec 29, 2023
Mark is a friend & colleague, as well as one of the top agents in the nation. As the founder of the Hustis/Jovanovic Team, Mark brings a wealth of knowledge & experience to the real estate market. We sit down to discuss all things real estate & business in 2023, and what he predicts for our market in 2024.
Mark's favorite social media is his Linkedin, so please give him a follow here:
https://www.linkedin.com/in/markjovanovic/
Marks NYC Restaurant of 2023: Rezdora NYC
Other Topics Covered With Mark
1. The Biggest Winners in Real Estate 2023
2. The Biggest loser in Real Estate 2023
3. The Biggest Winner in Business, not real estate related 2023
4. The Biggest loser in Business 2023
5. The Biggest real estate surprise in 2023
6. The Best new trend in real estate
8. The Worst Trend in Real Estate 2023
9.Predict the biggest winner in real estate in 2024
10. Predict the biggest loser in real estate in 2024
Enjoy!
Thursday Dec 21, 2023
Thursday Dec 21, 2023
We're wrapping up the year with our traditional segment, where I invite my favorite real estate experts to discuss the winners, losers, and predictions of 2024. This episode features my friend Sean Mcpeak, the Founder of the Mcpeak Team at Serhant and most recently “The Empire Collective” with his partners Jordan March & Alex Heydt.
Sean & I met at Compass back in June of 2014 and worked together for just four short years at our Union Square West & 5th Avenue offices. After a taste of Halstead for 2.5 years, he joined Serhant as one of their founding agents, and it’s been a little over 3 years since their inception into the brokerage world. Sean offers a wealth of knowledge and experience in our field, and he’s here to offer his distinct viewpoints of our real estate market & world.
Please follow Sean’s Instagram at @sean_mcpeak
His Team: @empirecollective_
Thursday Dec 07, 2023
Episode 95, Jordan Wright, Malibu-Based, Third-Generation Real Estate Agent
Thursday Dec 07, 2023
Thursday Dec 07, 2023
Jordan Wright is a third-generation real estate agent based out of Malibu California. With degrees in Film, International Relations, and French, and a diverse background in marketing and customer relations, sellers seeking high-level marketing of their homes will find a skilled and knowledgeable realtor in Jordan Wright.
Like many of the agents I love at Compass, Jordan is not just a big real estate nerd. He’s a dedicated big wave surfer, with his passion taking him to all over to world to chase his surf spots. He’s also a big time snowboarder, spear fisherman, yogi, and an outdoor enthusiast.
Jordan & I met at the Tom Ferry conference back in 2019, where he was a superstar agent & coaching client bringing his knowledge of door-knocking to the audience. He has a pretty incredible story that we will get into a little later on this episode.
Please follow Jordan at @thewrightwayteam on IG
Deep Dive Questions:
You’re a third-generation real estate agent in your family. Did you ever want to do something different? Or was this always in your blood?
Tell me your door-knocking claim to fame story.
100 people at an open, how does that even happen?
What are some of the biggest hurdles buyers & sellers must overcome when they start learning about your market?
Is it possible to be a first-time home buyer in Malibu?
What advice do you have for agents that can help them prepare for 2024?
What advice do you have for buyers so that they can be properly prepared to purchase in 2024?
What is one win, and one loss, you had in 2024? (Personal or business)
Please follow me:
IG
Twitter
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Thursday Dec 07, 2023
Thursday Dec 07, 2023
Have you been to Tahoe? Well, let me introduce you to my friend & colleague Brandon Walsh. Brandon moved to North Lake Tahoe in 2009 to join the Squaw Valley Ski Patrol. He took his talents to real estate in 2014 and joined the family-owned Tahoe Real Estate Group, then in 2018 became part of the founding team of Compass. Brandon has sold more than $80 million of real estate to date and continues to excel in his career as a real estate broker, servicing clients locally and from across the world.
DID YOU KNOW?
1. Lake Tahoe is over 2-3 million years old. Tahoe is considered an ancient lake and is counted among the 20 oldest lakes in the world.
2. Most of Nevada's side of Tahoe is a National Forest, thus housing supply on that side is limited.
3. The stored heat in the Lake's massive amount of water compared to its relative surface area prevents the Lake from reaching freezing temperature under the prevailing climatic conditions.
4. Tahoe’s clarity has impressed visitors since the time of Mark Twain in the 1880s. Historical accounts indicate the water may have been as clear as 120 feet during that time.
Please follow Brandon's life journey at @brandon.walsh_tahoe
Locals Corner!
Favorite current Tahoe restaurant or establishment? Old Range Steak House IG: @oldrangesteakhouse
The All Time go to Tahoe restaurant or establishment? Moodys Bistro IG: @Moodysbistrobarbeats
Guest Questions Corner
Guest Question from Tim Rothman of Compass NYC: Being that you work and sell in vacation areas, when would you say is your busy season and when you are not busy, what do you do to keep yourself busy aside from drinking, smoking and doing other fun stuff?
Guest question from none other than Lane Johnson from Aspen Colorado: How does it feel to live and work at a place that, in comparison to Aspen, Colorado, is considered subpar? I’ll rephrase… where Tahoe ranks among ski resorts in the continental United States???
Guest Question from Levi Meyer of Compass Miami: Brandon, I referred you a buyer for Lake Tahoe and you sold him a house in Nevada! I wasn’t expecting that. Can you elaborate for us on the crossover from Tahoe to Nevada and how that works for you as an agent?
Deep Dive Questions:
I’d like to think the 20s are a struggling time for young professionals. (lots of videos on social media posted from Gen Z who are complaining about housing costs, income, buying groceries, etc.). How did you get into the business? What hurdles did you have to overcome? When did things start to ‘click’ for you?
Is there an affordable housing crisis in Tahoe? Meaning, are typical middle-class workers having a hard time getting into first-time home ownership? If so, what are your ideas of solutions that must be implemented to satisfy both consumers & and builders? Can you get into home ownership if you’re working full time on the mountain?
Construction Costs: Describe the typical costs and processes, that buyers have to think through when purchasing non-new development. What about costs as a developer? (and this is a general question, but if you know specifics, please go deep!)
interest rates are at an all-time high in our modern lives. What are your buyers saying? sellers? And please forecast what your market will look like at the end of 2024.
What advice can you give to the following
First-time home buyers
first-time sellers
Brand new real estate agents
veteran real estate agents
Please follow me:
IG
Twitter
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