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This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)
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THE LEE TEAM | eXp Realty of California
- 555 Anton Blvd Ste 150, Costa Mesa (South Coast Metro), California, 92626 United States
- TEL : +1 (949) 385-0153
- License : BRE＃01320447
- https://jongjoolee.exprealty.com/
We can help you find real estate in LA, OC, Las Vegas, buy and sell your home, lease an office, find retail space, or advise you on investment properties for asset building.
W elcome!
THE LEE TEAM | David of eXp Realty ・ I am Lee
Experience
Your source for real estate in Orange County, LA County.
21 years experience, over 300 homes sold and leased.
We are pleased to be able to guide you, on this page, through the
We look forward to helping you build a stronger foundation through U.S. real estate.
・ Buying or selling your home
・ Leasing property
・ Finding office or retail space
・ Business opening assistance
You can also view my profile in the following US media
Zillow
https://www.zillow.com/myzillow/Profile.htm
in
https://www.linkedin.com/in/luckyagent/
https://www.facebook.com/J1RealtyGroup/
★
DAVID LEE Tel. 949-310-7773
Free phone consultation.
J1RE.com , davidleerealestate.com real estate search site
He first came to Hawaii in 1974 as an undergraduate. The following year, he enjoyed Seattle on the mainland, then San Francisco and Los Angeles before deciding to study abroad after graduation.
I came to the U.S. in earnest in 1977 on a student visa for my longed-for language study abroad program and then lived in various areas of LA, including San Fernando ・ Valley, Westside and South Bay.
My first home purchase was a small house in Hollywood in 1980. Since then, I have moved to Manhattan Beach, Torrance, Maui, and now Irvine, and my experiences have helped me in my current real estate business. During that time, I also worked in retail and restaurants, but after dealing with tenants in six different real estate sales and property management experiences, I realized that this was a natural fit for me and in 2002, I obtained my real estate license and started my agent business.
This year （ 2024 ） will mark our 22nd year in business, and we have assisted in over 300 sales and lease agreements. This includes residential as well as commercial, business and office leases.
David ・ About Lee ？
1. He is an experienced business owner himself and is good at commercial properties .
Because my background is as a business owner, I can look at things from a business owner's perspective and can communicate in a common language, so I am often asked to buy or sell businesses. Many of the businesses I have handled so far are restaurants and service businesses, but I believe that in the U.S., a franchise will retain its asset value as a business. It is also advantageous in obtaining visas and loans.
2. If you are a prospective business owner, we can introduce you to professionals in various fields other than real estate
We have experience in various fields.
3. Remodeling ・ I also specialize in remodeling
I have also loved residential work since childhood. I have also been interested in design and interior design since I was a child, and have given seminars on "effective home remodeling" and advised over 50 clients on ideas for effective remodeling of their older homes.
THE LEE TEM|About eXp Realty ？
THE LEE TEAM The Lee Team is a real estate team belonging to eXp Realty. Each specialized agent is available for residential, commercial, and restaurant projects to meet your needs. We have 9 members in Los Angeles and Orange County to serve our clients. The team is international, speaking English, Japanese, Vietnamese, Chinese, and Korean. In addition to Orange and Los Angeles, we can also service properties in Riverside County, Ventura County, and Las Vegas.
eXp REALTY is a NASDAQ-listed, global ＃ 1 crowd-based real estate company with over 85,000 agents （ as of 12/2022 ） and growing rapidly. Not a traditional sign-selling franchise, the same broker oversees and manages eXp Realty in all 50 states and 11 countries worldwide.
THE LEE TEAM|eXp Realty
DAVID LEE Tel. 949-310- 7773 to
Free phone consultation.
J1RE.com Real estate search site
I can tell you now. It agents are not the same for everyone. It is much like the navigator who accompanies you when you climb a mountain for the first time. What criteria would you use to choose a navigator for a dangerous climb where you never know what might happen ？ Advertising, looks, catchphrases ？
I summarized why experience is important in three points. I tried to summarize why experience is important in three points.
1. Comprehensive judgment
Real estate must be determined not only by price, but by comprehensive judgment. Direction, location, distance from neighbors, freeway access, access to supermarkets, loan interest rates, condition of the house, condition of the seller, etc., etc., cannot be judged only by the information in print. Just as every wave that comes in is different when you are surfing, every real estate transaction is different. At the same time, it takes experience to be able to develop the vision to see the whole picture from the mountains.
2. Negotiation
In purchasing real estate, you always have a partner. That other party may be an agent with a hundred years of experience. The paperwork can be a major disaster if you miss a single ✔ mark. Usually, the seller has a lot of selling costs and tries to get the buyer to pay them. In short, there are various bargaining techniques, but it is just a story that can be told keeping the whole deal in mind. The agent cannot directly tell whether the other party's motivation is high or low, but experience is necessary to detect this. However, it is difficult to have a happy ending in a pushy negotiation. No matter what race the other party is, we all have feelings, and we all want to shake each other's hand and have a happy ending.
3. Win the trust of the other party
One of the essential things for real estate agents is "trust. If they don't have the trust of their clients, they won't use them in the first place. However, I think many agents think that is all there is to it, but I believe that smooth is also important to gain "trust from the other party" for transaction action. My clients deal with buyers and sellers, but it is customary in the U.S. to do so through the other party's agent, so I am concerned about the kind of distance that the agent measures in his/her communication. There are some agents who give a reprisal that makes you want to ask, "Does this agent really understand the customer ？? Likewise, if I am going to be a customer rep, I want to give the other side the confidence for a win-win transaction.
★ ☆ For more information about buying or selling a home, please feel free to contact me in Japanese ☆ ★
THE LEE TEAM|eXp Realty
DAVID LEE Tel . 949-310-7773 until
Free phone consultation.
J1RE.com Real Estate Search Site
in the US
First, Location.
The reason it comes first is the same now as it always has, when it comes to real estate, it is location for one, location for two, location for three, four and five. A simple analogy would be a house with an ocean view in Santa Monica and a location in the same Santa Monica but on a cul-de-sac surrounded by houses, even if the size of the house or lot is the same, the price is many times different. You already know why. In other words, popular places have higher prices. And a popular place is not just a place that you think is good for you, but a place that everyone wants to live in. This was an extreme example, but in the case of housing in general, price differences are based on convenience, school district, safety, future development, stability from the past, etc.
This brings us to the next element, which is secondly the value of the house itself .
In the U.S., there is no law that says that a wooden house has zero upper mono value after 22 years of useful life like in Japan, so even if the house is 50 or 60 years old, if it is nicely maintained and upgraded, the price will rise as the surrounding price increases. That is why "location" comes up first. If the location is good, the next thing to look at is the home's potential （ future price ）. Even if the current appearance is not good, do not be blinded by it. It is important to commit only to the future potential.
And finally, the mortgage .
Of course, if you have the cash, you should buy cash. A loan is buying "time" with money: paying almost double the price of the house with an IOU that says you will pay it over 30 years. Of course, there are advantages to this. For example, the leverage of cash on hand and the tax deductibility of interest and property taxes are significant. So, if you are healthy and have a crunching income, there is no reason not to use a mortgage.
Now, not everyone can get that interest rate. The simple fact is that income, credit history, work history, and the size of the down payment will determine the interest rate you can get. I won't go into the technical details, but it is important to note that the U.S. is a credit-based society, and the score calculated based on that history is used to gauge the creditworthiness of the individual.
★ ☆ For more information on loans and credit ☆ ★
THE LEE TEAM|eXp Realty
DAVID LEE Tel. 949-310-7773 to
Free phone consultation.
J1RE.com Real estate search site
Tips for selling your home at a high price
The iron rule for selling your home as fast and for the highest price possible is
2 ． Have as few repair parts as possible
3 ． Upgrades must match the times
In this order of importance, I think
These may sound like common sense, but when it comes to the house you live in, it is not so easy to do. Let me explain a little more.
First of all, "cleanliness" means that it is better to have as few things as possible. Buyers are not here to see your prized possessions, they are here to see the house. Of course, it is better to have the least amount of furniture, but as little as possible that smells of the people who live there. The next thing you need is organization. If you have too many things, please realize that now is the time for a major reorganization and decide to declutter.
"There should be as few repair parts as possible" This is also obvious. No one wants to buy a house with inoperable windows, a leaky toilet, or a torn screen door. Eliminating parts that need repair is the best way to avoid giving buyers a negative impression of the house. And it's not just the visible parts of the house. The roof and sewer lines are also important. Most buyers will bring in a home inspector, so even if you don't tell them, they will be exposed. Disclosure （ Seller Disclosure ） is very important when buying or selling a house.
and "that it has been upgraded to match the times" This is not absolute like 1 ， 2, but it is necessary for a high sale. Upgrades can be a bit of a stretch, but at the very least （ e.g. paint, granite counter tops, floor material changes, etc. ） are effective and highly recommended. On the other hand, be careful not to do too many high-grade finishes just because you are on a budget, as the return on your investment will be low. We also recommend using a professional interior coordinator to decorate the interior with designer-like furnishings and furniture, called home staging. This is a bit more expensive, but very effective.
Finally, there are many differences between the U.S. and Japan in housing, one of which I always feel is the difference in awareness of "maintenance" （ planning maintenance ）. In Japan, the word "maintenance" is simply used to mean management or servicing （ in the case of cars ）, but in America "maintenance" is planned upkeep for building upkeep, something that should be taken for granted when you own a building. In Japan, historical buildings and modern commercial buildings are of course well maintained, but the general public is not even aware of this for their own residences. This is due in large part to the diminishing property values caused by Japan's taxation system, but Americans have a very high awareness of property maintenance and management. This is not just a matter of keeping the property clean, but also because of the social structure in which such management efforts are ultimately reflected in the value of the property. A common pattern is a case where a house is put up for sale and a clean remodel is done. It seems like a great waste to go to the trouble of cleaning up a house and then surrender it to the next buyer without even enjoining it. On the other hand, when I see American families who are doing remodeling regularly, little by little, and enjoying the changes, I can't help but think, "Ah, these people are enjoying their lives!" I can't help but think, "Oh, these people are enjoying their lives.
Please refer to this video of a house in Huntington Beach that sold in 2019.
★
THE LEE TEAM|eXp Realty
DAVID LEE Tel. 949-310-7773 until
J1RE.com Real estate search site
Investing in Real Estate in the United States
Why Buy Real Estate in the United States
First, what is the difference between real estate investment and real estate speculation ？ Investment is the act of reading economic conditions, anticipating risks and seeking returns, while speculation is the act of gambling. In hindsight, the bubble economy in both Japan and the U.S. was just a pattern of repeated speculation, in which banks took the initiative to make money by buying land. In the U.S., real estate investment is only possible if there is a good product. Otherwise, no one would live or do business there. However, Japanese real estate investment relies only on "high yield," which is different from the starting point because it is not based on the "return-seeking" cap rate （ ） of American real estate investment, which is calculated by predicting future value, while in Japan, the present value of the building does not remain.
The first prerequisite for any country's future real estate prospects is that the country's economy is steadily improving. This is because it is impossible to look around the world and find a country with a down economy but strong real estate market. Every country has its advantages and disadvantages, but there are not many countries in the developed world where economic indicators such as inflation, unemployment, and bank interest rates are showing strong barometers and are expected to remain so in the future. The United States is a prime example, and the country's dominance can be seen even as talented investors from European, Asian, and Oceania countries flock to the United States.
Why US Real Estate ？
The first reason is based on the country's strong economy and low country risk. Low is the most based. The U.S. government's inflation forecast for 2016 is 1.2%, and 1.5% is expected for 2017; the number of existing homes sold was 5.5 million in 2015 (the highest since 2007 ）); and forecasts for each real estate sector, including industrial park vacancy rates, retail space vacancy rates, and apartment vacancy rates, are expected to maintain 2007 levels The forecast for each real estate sector, including industrial park vacancy rates, retail space vacancy rates, and apartment vacancy rates, is expected to maintain 2007 levels. In addition, constant population growth, the rise of the new economy with a focus on high technology, and healthy baby boomers are all contributing to the economy.
The second reason is that if you look at the history of real estate in the US over the past 50 years, asset values have certainly doubled in 10 years. Of course, during that time, it has experienced the Great Depression and recession, but it has certainly gone up and down.
The third reason is that the used home market is an extremely stable market, accounting for 75% of the US housing industry.
The fourth reason is that the US is open to foreign investors. As long as you can obtain a tourist visa, you can buy real estate in the U.S. without a social security number (called a national ID number) and enjoy its benefits. However, please note that owning real estate does not mean that you can work or live in the U.S. permanently, so please be aware that this is not the same as a visa. As mentioned at the beginning of this article, investing in U.S. real estate means acquiring income-producing real estate and managing it （ as a business ）. Property management, which is called Property Management in English, is the maintenance and management of buildings and tenants based on an annual plan, and this work is the key to real estate investment.
★ ☆ For more information on property investment, please feel free to contact us in Japanese ☆ ★
THE LEE TEAM|eXp Realty
DAVID LEE Tel. 949-310-7773 to
Free phone consultation.
J1RE.com Real Estate Search Site
J1 Realty Group offers property management in OC only.
We recruit and screen tenants, automatically transfer rent, handle repair items, etc.
We take care of the concerns of busy landloads of people.
★ ☆ For more information about property management, please feel free to contact us in Japanese ☆ ★
THE LEE TEAM|eXp Realty
DAVID LEE Tel. 949-310-7773
THE LEE TEAM | eXp Realty of California - HOME
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