With over 30 years of being the respected authority on real estate in Mar Vista, George Chung Realtors continues to be the trusted partner people choose to sell or buy their home in Mar Vista, California.
We take pride in being our clients’ advocate.
We bring proven real estate expertise, market intelligence and negotiation skills.
We hold ourselves accountable to absolute integrity in all that we do.
Sunday, June 29th, 11:30am-5pm Don’t miss your chance to tour a brand new Craftsman style 5 bedroom, 4.5 bathroom home in the quiet, Mar Vista knolls. And join George Chung in a benefit for Walgrove Elementary’s Studio Lab. Walgrove Elementary’s Studio Lab is a project-based learning space which utilizes ... More
A few issues ago, we spoke about what is happening to the velocity of the real estate market in Mar Vista. In January 2014, real estate home prices increased fast and sold higher than previous quarters. The most important contribution to the increase, we believe, is the Internet. The Internet accelerates a buyer’s home search. Twenty years ago, home shopping ... More
George Chung: “I wish I would have had this when I was in school! I feel like it would have greatly helped me discover my passions and encouraged me to pursue them. Please help us support this amazing program!” About the Studio Lab: >Since 2010 the Studio Lab at Walgrove Elementary has been encouraging Kindergarten through fifth graders with hands-on ... More
Home Evaluation Now, that we have established the importance of the CMA area, I would like to move the home evaluation about the home and its features. Lot Size and Dimensions We start with the lot size and lot dimensions. In the Mar Vista/90066 area, the lot size is of paramount importance, because of the anti-McMansion ordinances that have been ... More
Many of you have asked me what your CMA area is and what does CMA mean. Let me go back to the beginning, CMA is the acronym for Comparable Market Analysis. I have heard some agents use the words Competitive Market Analysis. Another industry term used by REO managers is Broker Price Opinion. So in layman terms, it is an ... More
Have you been interested in a home and liked what you saw in the pictures, but when you took the time to see the home in-person, the entire house seemed different? This is very common. We have a solution. On our new website, we are featuring videos that will walk you through the home’s interior, exterior, and key features that ... More
What Happened in 2013 and What to Expect in 2014 2013 was a turbulent year. It started out with a bang with the continuing increase in prices from 2012 surge. By mid year, it appears that the buyers simply were exhausted from the multiple offers and were out bid by all cash buyer (usually rehab/flippers). In addition, the Federal Reserve ... More
Where George Chung really made a difference was with his profound knowledge of the Mar Vista area. Time and again he steered us away from properties which seemed appealing to us, but were ill-located in some way we would never have been able to see for ourselves. Conversely he knew how to find good value, even in a market as intensely competitive as L.A. has been lately. Chung guided us through a tricky negotiation to an excellent purchase. He has concentrated his career on Mar Vista, and it shows. I have never known another real estate professional so knowledgeable.