& Tyler Morant
Jenny Morant Group | Compass
1221 Hermosa Ave. #210, Hermosa Beach
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The Jenny Morant Group is a team of Realtors®, led by president Jenny Morant and vice president Tyler Morant, that specializes in luxury single-family homes and multiunit residential income properties. Jenny earned a bachelor’s degree in psychology at the University of Colorado Boulder and also has a degree in fashion merchandising from the Fashion Institute of Technology in New York. She started working as a Realtor in 2010 and has managed her family’s portfolio of residential units since 2007—allowing her to bring a long-term investment perspective to clients.
Tyler earned a bachelor’s degree in economics from the University of Colorado Boulder and a Juris Doctor from Southwestern Law School. His diverse business background includes working as a sports agent for X Games and Olympic athletes and as an attorney for early-stage start-ups in Silicon Beach and across the country. Tyler retired from law practice in 2021 to join the Jenny Morant Group.
What is your team known for?
Jenny and Tyler are known for being pragmatic negotiators who can handle the most complicated residential real estate transactions. They have extensive experience in preselling new-construction homes and remodels and selling properties with issues affecting the title. Their backgrounds give them a tool set that is second to none for handling these complicated transactions.
Jenny has extensive experience with construction and remodeling, so she is able to help clients select finishes and identify what to be most concerned with. Tyler has extensive experience negotiating and resolving disputes with commercial agreements, so he knows how to structure the deal to best protect clients’ interests.
What sets you apart professionally?
In addition to our team’s expertise in managing complex transactions, we are known for our customer service throughout each phase of the transaction. The core themes that dictate our customer service experience are: (1) we listen to our clients, (2) we educate our clients, (3) we are up front and honest and (4) we tend to our clients from beginning to end.
We recognize that each client has different needs, interests and personal style, so listening helps us get our clients the home they want. We live and breathe real estate every day, but our clients do not—that is why our client onboarding experience has an emphasis on education. We advise clients about the real estate transaction, the market and overall real estate investment strategy. Being attentive to clients during every phase of the real estate experience is an important component of our success. It also means we work to set realistic expectations at the outset. We are always transparent—even if it’s not what the clients want to hear.
What are your top tips for ensuring a successful deal?
For sellers, it is important that you properly vet your buyer before accepting an offer. Financials are just one aspect of their suitability. Other factors include who they are (is it an end user or investor/developer?), whether this is the buyer’s first time buying a home, and the feedback the agent has gotten from the buyer about your home (is it positive or negative?).
Also, disclose to your agent everything you know about the property—good and bad—before going live with the listing. The more information you can share at the outset, the greater trust you build with the buyer and the more likely you will close the deal.
For buyers, get prepared before writing your offer. That means lining up financing and preparing a budget for the inspections you want to perform. Do not skimp on or be put off by inspections. Most issues can be fixed with a bit of manpower and money.
What gives you an edge?
Tyler: Jenny gives us our edge, full stop. She listens to her clients’ wants and needs and always delivers. She has this uncanny ability to interpret what a client’s tastes are and connect them with the exact house that matches their style and personal needs. And her vast network of agents and service providers gives her a leg up on every deal that is coming to market. Who you know matters, and no social media posts or advertising will ever overcome that.
Jenny: Tyler’s experience in commercial transactions helps us craft deals that are in our client’s favor. His belief that good paper makes good relationships has been a major factor in helping our team smoothly close deals where construction or remodeling need to be finished before closing.
What do you expect to see in real estate this year, specifically in the South Bay?
We believe the South Bay will continue to see increases in prices, albeit not as great as the increases we have witnessed over the last two years. The South Bay is a very desirable market, no matter what type of market we are in (bull or bear). We think the first half of 2023 will see the slowest price increases because of the projected interest rate increases, but we think the second half will see the number of transactions and prices pick up as the Fed begins to get less hawkish on inflation. We also think inventory is going to remain low throughout this year again, which will keep prices up.
The rental market appears to be following a similar path, as more buyers have exited the market with the increased cost of borrowing. We also believe inventory will remain low and will keep rents high.
Disclaimer: Compass is a real estate broker licensed by the state of California and abides by Equal Housing Opportunity laws. License #01991628.
DRE #01874517, 02155473