So happy to welcome my friend Adam Rosenfeld to the show. You will love him as much as I do! Smart, kind, sharp, insighful and oh so many things.... Adam Rosenfeld is a prominent real estate agent based in Beverly Hills, known for his expertise in the luxury property market. With a keen eye for detail and a deep understanding of the local real estate landscape, Adam has built a reputation for delivering exceptional service to his high-profile clientele. As a featured agent on Netflix's "Buying Beverly Hills," he showcases his ability to navigate complex transactions and secure multi-million dollar deals. Adam's dedication to his clients and his passion for real estate have solidified his position as a top agent in one of the most competitive markets in the world. Please enjoy and would love to hear your thoughts!! Review, message us! Do it all!!! Video podcast will also be available on youtube. Stamie's Youtube Channel Follow On Instagram: Adam Stamie xoxoStamie Sound Bites: Chapters 00:00 Introduction and Back Surgery Recovery 02:09 Joining the Agency and Building Relationships 05:16 The Responsibility and Professionalism of Real Estate Agents 08:30 The Agency Culture and Collaboration 13:14 Joining 'Buying Beverly Hills' and Finding Love 16:12 Being on 'Selling Sunset' and Agency Culture 20:17 Mauricio Umansky and the Agency's Success 22:44 The Stoic Approach and Modeling Success 25:47 The Pitfalls of Overpricing 28:30 Memorable Deals and Eccentric Encounters 33:47 The Unique Real Estate Landscape of Los Angeles 44:16 Celebrity Encounters and Genuine Connections 46:18 The Friendship Between Adam and John 48:51 The Love for Pets and Unconditional Love 53:02 Engaging with the Audience on Social Media 01:00:10 Gratitude and Well Wishes Time Stamp: stamie karakasidis (00:01.006) Hey everybody, welcome back to the Stamy and Sometimes Tracy Show. Today I have a really special guest, motivated me to get my butt back in the podcast chair. And today I have my very good friend, Adam Rosenfeld here. You may know him from buying Beverly Hills season one and two, mostly season two. And I would say he definitely popped off the screen this season and I'm very lucky to have him here. Hello, Adam. Adam (00:29.363) What up, Stamey, how you doing? I'm doing great, thank you very much. Feeling good, I'm sitting at home right now, still in the recovery process, but I'm feeling way better and it's exciting to kind of get back to life. stamie karakasidis (00:30.734) I'm good, how you doing? stamie karakasidis (00:41.774) Yeah, so you just had your back surgery, so you were out for a few weeks. And you're feeling good, you're not in pain anymore, right? Adam (00:45.779) Yeah. Adam (00:51.539) No, I'm sore, but in comparison to what I used to feel, this is a very welcome change of pace. And fortunately, unfortunately, this is my third surgery, but after 20 years of chronic pain, it's pretty exciting to not feel those things and to think about all the things I'm going to be able to do again that I haven't been able to do for a really long period of time. Like the little things you take for granted, like just going for a walk and being able to do that without having to sit down every five to 10 minutes. stamie karakasidis (01:19.63) I guess you never really think about that. Yeah, I mean, you played golf, so did you just play through your pain? Adam (01:26.835) Yeah, I would. I guess when you're fanatical about anything you find a way, but if I wasn't like riding in a cart, there's no way. Like I couldn't walk a golf course. Not possible. So when I play, I'll like lay down in between holes and have someone else drive the cart and just kind of cruise. stamie karakasidis (01:34.542) got it. stamie karakasidis (01:41.582) That's amazing. And now you're back in the saddle. I'm with the agency now. I switched over to the company. I joined the GRG group. It's been great. I've been here since January. It's the best thing that ever happened to me. I really enjoy working with you. You're really awesome. It's cool to know of agents and then to meet. I met you and John and you guys have been really great. And the two of you together, you definitely have the synergy that is... Adam (01:50.131) Best thing that ever happened to me. stamie karakasidis (02:09.806) really awesome to see and it's rare and you're really cool guys. So like you're like full throttle, like every day you're doing your thing, you have appointments, you're like, I mean, I call the both of you rainmakers because like it just happens for you. I would say what is the longest time, you know, you've been an agent for how long now? Adam (02:12.595) Mm -hmm. Adam (02:31.827) So let's see, it's 2024. I moved to LA in 2012, which was, I guess, 12 years ago. It'll be my 12 -year anniversary here in June 1st, so coming up. And I got licensed pretty quickly, so I guess I'm also going on 12 years in this business. stamie karakasidis (02:37.486) Yeah. stamie karakasidis (02:41.358) wow. stamie karakasidis (02:46.414) Wow, and you also went to law school? Adam (02:49.651) I did. Ironically, the only reason I think I am in real estate and practicing is because I have that degree, which seemingly has no connection. But at the time in 2012, when I decided to get licensed, I really did it not thinking it was going to be a career or profession. I did it because I was in transition in life and my brother was just starting to kind of cut his teeth as a builder. And he took on his first project and basically said to me, if you get licensed, you can sell it. And I think it was meant to be like a million and a half dollar resale, which was like $30 ,000 in commission at the time. And that was more money than I had ever seen in my entire life. So I had a, it was a great motivator. And the reason I mentioned law school is at the time, because I had that degree, the way, you know, the rules were written is with that degree, you didn't have to go through any of the coursework. I could just sit and take the exam. Had I had to sit through those courses, I don't think I would have done it. So. stamie karakasidis (03:22.99) Wow. stamie karakasidis (03:29.774) And that was a great motivator, yeah. stamie karakasidis (03:42.862) Right. Right. Adam (03:48.147) The one good thing the law degree did for me was bring me to my career and 12 years later here I am. stamie karakasidis (03:52.942) There's a silver lining to everything. See, if you go to law school, you can get your real estate license really easy, you guys. So yeah, I find it, what I find fascinating about like a lot of realtors is like, you don't necessarily, I mean, maybe not with the reality shows, but before, like you don't like plan to be a real estate agent. And then someone says something to you and the light bulb goes off into your, you know, in your head. Like that's how I started. I was doing standup and I was like. Adam (03:57.267) Yeah. stamie karakasidis (04:17.262) what else can I do? And then I was at a bar one night and my friend's like, get your license, you can be an agent with me. And then I went home and signed up that night. And then it happened pretty quickly, yeah. Adam (04:24.403) Yeah. I still struggle with the idea that this is my life and this is what I do as a profession. And I think ultimately the stigma that comes with this field is a real one and it's tangible. And unfortunately, I felt it too. You know, it's not an industry or career that I had a lot of respect for coming into it. And it wasn't until I really got into it and then started to dive in and really understand the great challenges that come with doing this on a day to day and being productive with it and actually treating it like a profession and a career. stamie karakasidis (04:37.006) Mm -hmm. stamie karakasidis (04:40.942) Yeah. Adam (04:56.531) and really learning the responsibility that comes with it. You know, you're ultimately handling the largest investment slash transaction that your clients are ever going to have in their entire lives. And to think that the barrier to entry into this profession is so low, still astounds me because, you know, everybody knows somebody or a handful of people that are licensed. stamie karakasidis (05:03.566) Right. Yeah. Adam (05:16.947) And just because you sit and take a test doesn't necessarily mean you're qualified to handle these types of transactions slash investment scenarios. And there's a real, you know, kind of fine -tooth nuance that goes into understanding how to do this job and do it well and do it effectively. And, you know, ultimately not fall into the trap of being a part of the stigma, you know, and being, you know, one of the few who actually goes about their business in a professional way and really gives the business the proper, true good reputation that it really, truly does deserve. stamie karakasidis (05:36.654) Right. stamie karakasidis (05:46.798) Yeah, you gotta be able to finesse a deal and then it does get such a bad rap real estate. And I know there's like a handful of agents and then like, like I posted a video and then someone was like, you're the most despicable career under like the oil salesman. And I'm like, what do you, like, how do we even make someone buy a house? You can't make someone buy a $2 million house or whatever. If anything. Adam (06:06.835) Yeah. stamie karakasidis (06:14.926) we can motivate you to buy a property because it's like your future depends on it. And there are some shady characters, but you gotta do your due diligence when you hire an agent. You gotta look at what they've sold. Do they own a property? Have they ever owned a property? And I think a lot of people walk into it without asking questions. Then they get stuck with an agent and then they can't be like, this isn't working out. I'm gonna get another agent. They just do the transaction and then they
