Today we’d like to introduce you to Adam Price.
Hi Adam, thanks for sharing your story with us. To start, maybe you can tell our readers some of your backstory.
I began my real estate career at the age of 20 years old. At the time, I was one of the youngest to be hired by the Coldwell Banker Beverly Hills office. I found it quite entertaining attending work events with adults well in their 40’s and not being able to join them with a drink in hand due to my age. Previously, I was an entrepreneur and owned and operated a home staging company and the experience and knowledge gained has been very helpful in preparing me for this career. Now at 26 years of age, I’m currently in my 6th year as a real estate agent and I’ve sold 50 million dollars in real estate and still counting. I’ve had the honor of representing celebrities like Queen Latifah and Linda Hogan (former wife of Hulk Hogan) as well as professional athletes including Keyshawn Johnson and most recently Chris Archer.
To get this far in my career, it definitely had its challenges; for sure, the biggest one was and still is my age and youthful appearance. People often look at me and think I don’t have any experience until they hear me speak and fortunately change their minds at that point. I represent a lot of landlords and have plenty of experience dealing with difficult transactions such as probates and 1031 exchanges and am accustom to hard-to-close escrows under strict timelines. I pride myself on being 100 percent honest with my clients even when it’s not what they want to hear. I believe that’s been a huge contributing factor to my success. I’ve even told clients not to purchase certain homes because I knew it wouldn’t be in their best interest; I realize not very many agents would do that. For me, a good agent is like a good attorney, you need to be ethical and honest and someone that can produce results!
Can you talk to us a bit about the challenges and lessons you’ve learned along the way. Looking back would you say it’s been easy or smooth in retrospect?
Real estate is challenging. I often laugh when I hear people say, “I’ll just go and get my real estate license.” Like, yes, it’s that easy! They don’t realize what it takes to work your “sphere of influence” (people you know) as well as knowing how to successfully market yourself to outshine your competition; you are competing with thousands of agents. Another thing that has to be considered is the money it cost to be an agent. Besides paying for marketing materials, it requires keeping up with board dues and state fees that can drain you financially. Being an agent is just like being an entrepreneur, it takes a lot of investment before you get any return. Also, clients can be difficult; that’s not a secret and can be expected when you’re dealing with the biggest purchase of their lives and investing their hard-earned savings in a purchase of a new home.
The stress is extremely high on all ends and this can cause a lot of emotional upset. I need to reassure the client that they can count on my professionalism to provide them with excellent service and a smooth transaction. Sometimes I feel like a therapist and have to support them when their emotions run high. As I said before, my age has been and still is a challenge until I point out my experience and track record and prove my worth. What can be tough is when I lose a deal; It is always difficult. I have learned this years ago when I was in escrow on a 5 million dollar home in Bel-Air Crest; I was over-the-moon excited and had my brand new car picked out and everything when the deal fell through and that was almost heart-breaking for me. I learned not to count on anything until it’s closed and recorded. I can honestly say I have grown and learned a lot as an agent and it is not a career to be taken lightly.
As you know, we’re big fans of you and your work. For our readers who might not be as familiar what can you tell them about what you do?
Adam Price is well known throughout Beverly Hills for his home staging company Price’d Designs. Adam attended Mount San Antonio College for Interior Design. Soon after, he opened the doors of his very own business at 19 years old with an office located in the heart of downtown Los Angeles as well as Las Vegas, Nevada. Through his company, he helped some of the biggest names in the industry sell over 13 million dollars’ worth of real estate but Adam was not happy until he achieved his childhood dream of being a real estate agent. Adam is best known in the industry for being honest, resourceful and a man that produces results! His strong ability to negotiate is due to his past experience testifying before the California state senate on various bills. Adam Price started his real Estate Career in Beverly Hills at Coldwell Banker Beverly Hills North Office. After just one year of being in the industry with 5 million in sales Adam Price was promoted to Previews. Once achieving that goal, Adam Price decided he wanted to join the big leagues of real estate and there was simply no other option but Keller Williams Luxury International. With his knack for design, negotiation skills and knowledge of the Los Angeles real estate market, you could be in no better hands. Adam wants to help people obtain their dream home at their dream price.
So, before we go, how can our readers or others connect or collaborate with you? How can they support you?
I work mostly by referrals; for me, this is important. I think people often forget the power of “word of mouth” advertising. When people take advice from friends, family or colleagues on an agent recommendation, it holds more weight and value than seeing an ad on a grocery cart; it certainly is more effective.
Contact Info:
- Address: 439 North Canon Drive Suite 300 Beverly Hills CA 90210
- Email: [email protected]
- Website: www.PriceAssociatesRe.com
- Instagram: @realadamprice
- Youtube: https://www.youtube.com/channel/UCGcVCrZaQQ5mEBwPcrJSz-w?view_as=subscriber
Image Credits
The MLS Southland Association of Realtors Greater Los Angeles Board of Realtors California Department of Real Estate Mentioned in LA times Wall street journal The Real Deal https://www.latimes.com/business/real-estate/story/2019-11-11/young-and-restless-scott-elrod-sells-home-hollywood-hills-west
