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The L.A. Times today took note of The Agency and other independent real estate agencies who are opening offices now despite the overall downturn in the housing market and decreasing number of agents nationwide.

"The high-end market is less sensitive to a downturn in the economy," industry expert Stefan Swanepoel told the L.A. Times.

In the article, The Agency's Billy Rose notes that they are in discussions to add offices around the world, with possible locations including Canada, Mexico, Asia and Europe.

As Mauricio Umansky noted when The Agency launched, “The world is now one integrated marketplace, so we are creating a network of the most capable, respected and informed agents in each region of the globe. Our clients will be expertly represented on

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The Agency’s Billy Rose shared his thoughts recently on the current state of the U.S. luxury real estate market with entertainment-trade magazine Variety. In the article article, titled “No Boom, No Bust,” Rose specifically addresses home sales in Los Angeles, and in particular, Beverly Hills, noting that the demand for luxury homes remains high in the world’s entertainment capital.

"We're seeing a lot of second, third, fourth and fifth home buyers," Rose told Variety, citing several examples of recent home sales over $10 Million to buyers who won't be living in the properties full time.

"Generally speaking, the world is thinking that the United States is on sale right now," shares Rose. Nonetheless, he adds, "Most everyone wants to invest in North

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Residents of The Ritz-Carlton Residences at L.A. Live got a glimpse Friday of their soon-to-be neighbor’s new design plans when architecture firm Gensler released the latest scheme for Farmers Field, the planned 72,000-seat NFL stadium that is to be located adjacent to L.A. Live.

The stunning stadium design features a “light and airy” translucent structure and takes an unconventional approach to its functionality with a revolutionary, wing-like deployable roof--rather than retractable--that could be easily removed and stored. According to, the playing field inside the stadium would sit approximately 40 feet below street level, “allowing better connections to the adjoining convention space and a smoother integration with the structures

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In this video, Mauricio Umansky and Billy Rose share their mission to build a culture of partnership at The Agency in which agents collaborate and learn from each other and where the client becomes a part of the family.

They also discuss The Agency's commitment to building a global presence as more and more people today are buying and selling sell homes across the world. Finally, Mauricio and Billy talk about importance of great architecture and design. As Billy notes, "I want something that's going to change your lifestyle and change your perspective on the world, and I think great design and great architecture can do that for you."

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