Tuesday, October 31, 2006

VH1 Announces THE FABULOUS LIFE PRESENTS: REALLY RICH REAL ESTATE - California′s Most Luxurious Homes

Westside Estate Agency Unlocks The Keys To Los Angeles′ Most Luxurious Homes On New VH1 Series THE FABULOUS LIFE PRESENTS: REALLY RICH REAL ESTATE

Legendary Real Estate Group Will Offer Inside Look At The City′s Premier Homes

Westside Estate Agency (WEA), southern California′s premier high-end real estate agency, is offering viewers across the country an unparalleled look inside some of Los Angeles′ most luxurious homes in VH1′s THE FABULOUS LIFE PRESENTS: REALLY RICH REAL ESTATE, premiering November 13 at 9:00 pm EST.

"Real estate is one of the hottest topics in the country today so this is the perfect time to highlight the biggest market in the nation," said Stephen Shapiro, chairman of WEA. "WEA has long been at the forefront of high-end Los Angeles real estate and we have found a great way to showcase our work, our fabulous homes, and our distinguished clientele."

Based in Beverly Hills, Calif., WEA is one of the nation′s most powerful high-end real estate firms, working with celebrities such as Tom Arnold, Frankie Muniz, Illeana Douglas, Master P, Cindy Margolis and Pauly Shore, each of whom will be featured in the series. THE FABULOUS LIFE PRESENTS: REALLY RICH REAL ESTATE will follow WEA′s top realtors as they unveil some of southern California′s most expensive multi-million dollar homes and oversee transactions between buyers and sellers throughout Malibu, Beverly Hills, Bel Air, and Los Angeles′ west side.

"Everyone enjoys a behind-the-scenes glimpse at beautiful homes, but this show lets viewers go even further," said Kurt Rappaport, president of WEA. "We give you an exclusive look at the art of the ultimate deal, some of the biggest transactions in the industry. Watch as our team works to find dream properties and make them a reality for our clients."

"This show taps into the universal appeal of driving by a fantastic house and wanting to ring the doorbell, go inside and ask how much it costs. Viewers will get to go inside some of the most luxurious homes and ask all the wrong questions," said Jeff Olde, SVP of VH1 Series Production and Programming. "Everybody loves over-the-top fantastic houses, and this show not only takes you behind the gates of those mega buck mansions, but it tells you how much they cost, why they are worth it, and what people are willing to pay for the ultimate in luxury."

Founded in 1999, WEA quickly grew to become the leading independent high-end firm in country, with an average sale price in 2006 of $5.5 million. Co-founders Shapiro and Rappaport are considered two of the leading real estate brokers in California. Shapiro has been one of the top producers of the high-end residential market since 1980, and has been featured in media outlets including 48 Hours, 20/20, The Today Show, CNN, the New York Times, Variety and more. Rappaport, with over 15 years of experience, is generally recognized as the most successful real estate professional in the high-end market. In 2004, he closed the largest private home transaction in Los Angeles history; he has handled more sales above $10 million than any other broker in history and in 2004 and 2005 was California's top-grossing real estate broker.

THE FABULOUS LIFE PRESENTS: REALLY RICH REAL ESTATE is executive produced by Daniel Laikind, Pax Wassermann, Rob Lee, Fernando Hernandez and Bobby Pura for Stick Figure Productions. Jeff Olde, Jill Holmes, Alex Demyanenko and Damla Dogan are executive producers for VH1.

About Westside Estate Agency Westside Estate Agency (WEA) is an independent, high-end real estate brokerage company located in the heart of Beverly Hills. Specializing in prime residential real estate, WEA is considered the leading brokerage firm for Beverly Hills, Brentwood, Bel Air, Holmby Hills, Pacific Palisades, Santa Monica, Malibu, Sunset Strip and adjacent neighborhoods on Los Angeles′ Westside. Co-founders Stephen Shapiro and Kurt Rappaport are considered two of California′s top real estate brokers, with a combined 40 years of experience. Their dedication to their clients and the Los Angeles real estate market have helped sculpt WEA into the powerhouse brokerage firm that it is today.