Anthony Marguleas on We Make A Living By What We Give
On Episode 96 of The No Limits Selling Podcast, we have Anthony Marguleas, the owner of Amalfi Estates, one of Los Angeles’ leading independent real estate companies, providing exclusive representation to both buyers and sellers. Founded in 1995, the company is headquartered in Pacific Palisades.
He has individually sold close to $2 billion in properties and is ranked in the top 25 teams nationwide by The Wall Street Journal out of over one million agents. His award-winning approach to service has been profiled on ABC News and the Fine Living Network, as well as in The Wall Street Journal, Consumer Reports, and the Los Angeles Times. He has published 200 real estate articles and co-authored the book California Real Estate Client Strategies. Since 2004 he has guest lectured 1,000’s of students for UCLA’s real estate principles class.
He holds several professional designations, including a Certified Luxury Home Marketing Specialist. He is a top negotiator, having completed the Advanced Negotiations class at Harvard Business School as well as the KARASS seminars negotiating course, which has led to saving his clients hundreds of thousands of dollars.
Marguleas truly believes in giving back to his community and gives back 10% of his commission from each sale among five charities, Make-a-Wish, SPCA-LA, American Cancer Society, Path which helps homelessness, and Homeboy Industries. He and his team have been fortunate to have donated over $1,000,000 since 2015.
Marguleas has a bachelor’s degree in business administration from the University of California, Riverside, where he received the Outstanding Alumnus Award. He was in the MRED program (Masters in Real Estate Development and Finance) at USC. Anthony resides in Pacific Palisades with his wife, Sue and they have four children.
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The podcast begins with an introduction of Anthony Marguleas, the founder of Amalfi Estates, one of the leading real estate firms in Los Angeles. Anthony has sold over $1 billion in properties and is recognized as one of the top 60 agents in the nation. He is also a guest lecturer at UCLA and a contributor to various media outlets.
Anthony's Early Career and the Birth of Amalfi Estates
Anthony started his career in the hospitality industry, working for a hotel for seven years. However, he felt unfulfilled and decided to venture into real estate. He founded Amalfi Estates in 1995 and has since grown it into a successful business. He attributes his success to his customer-centric approach and his commitment to giving back to the community.
The Importance of Giving Back
Anthony believes strongly in philanthropy. He has pledged to donate 10% of the company's commission to charity. Since implementing this initiative, Amalfi Estates has donated over $1 million to various charities. Anthony believes that this commitment to giving back has not only benefited the community but also motivated his team and attracted clients who share similar values.
The Role of Technology in Real Estate
Anthony discusses the role of technology in the real estate industry. He believes that while technology has made certain aspects of the business more efficient, it cannot replace the human element. He emphasizes the importance of building relationships and providing personalized service to clients.
Advice for Aspiring Real Estate Agents
Anthony shares his advice for those looking to break into the real estate industry. He encourages newcomers to find a mentor and learn as much as they can about the business. He also stresses the importance of perseverance, as success in real estate does not come overnight.
In this podcast, Anthony Marguleas, founder of Amalfi Estates, shares his journey from the hospitality industry to becoming a top real estate agent in Los Angeles. He attributes his success to a customer-centric approach, the use of technology for efficiency, and a strong emphasis on personal relationships. A significant part of his business philosophy is philanthropy, with 10% of the company's commission going to charity, a move that has not only benefited the community but also motivated his team and attracted like-minded clients. For those aspiring to join the real estate industry, he advises finding a mentor, continuous learning, and perseverance.
Despite the challenges and changes in the industry, Marguleas remains optimistic and committed to providing excellent service to his clients and contributing positively to his community.
Questions & Answers
Who is Anthony Marguleas and what is his contribution to the real estate industry?
Anthony Marguleas is the founder of Amalfi Estates, a leading real estate firm in Los Angeles. With over $1 billion in property sales, he is recognized as one of the top 60 agents nationwide. His unique approach to customer service and philanthropy sets him apart in the industry.
What is the unique business model of Amalfi Estates?
Amalfi Estates operates on a customer-centric and philanthropic business model. The company donates 10% of its commission to charity, a practice that has resulted in over $1 million in donations to date.
How does technology impact the real estate industry according to Anthony Marguleas?
Anthony Marguleas believes that technology plays a crucial role in making the real estate business more efficient. However, he emphasizes that it cannot replace the human element, which is vital in building relationships and providing personalized service to clients.
What advice does Anthony Marguleas offer to aspiring real estate agents?
Anthony encourages newcomers to the real estate industry to find a mentor and learn as much as they can about the business. He also stresses the importance of perseverance, as success in real estate does not come overnight.
What is Anthony Marguleas's philosophy on giving back to the community?
Anthony is a strong advocate for philanthropy. He believes in giving back to the community and encourages other businesses to do the same. His commitment to this cause is evident in Amalfi Estates' pledge to donate 10% of its commission to charity.
How has Anthony Marguleas's background in the hospitality industry influenced his real estate career?
Anthony's experience in the hospitality industry has shaped his approach to real estate. He values customer service and believes in going above and beyond to meet clients' needs, principles he carried over from his time in hospitality.
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