'Million Dollar's' Chad Rogers Buys 1st Home, in Cash

Realtor Chad Rogers, one of the stars of Bravo's "Million Dollar Listing," has just purchased his first home -- for less than $1 million. What did he buy? A two-bedroom condo in the same Beverly Hills building where singer Josh Groban reportedly lives.

Purchase price: $850,000 -- paid in cash. So how come he didn't buy something more, um, expensive?
The 33-year-old Rogers, who grew up in the famed Malibu Colony in a home where his parents still live, says that he has had his eye on this unit from back when it was listed at $1.3 million. It's in the heart of Beverly Hills, near the Hilton & Hyland Real Estate office that he works from. It's also just a block away from the Four Seasons Hotel and has 24-hour security, something that's important to him, Rogers said.

Search Homes for Sale
Browse through photos of millions of home listings or search foreclosure listings
building's HOA also apparently approved of his Chihuahua Starla's residency. Starla played a prominent role in the show's third season last year and has developed her own fan base. She has her own Facebook fan page and more than 2,000 Twitter followers.

The two-bedroom, 2.5-bathroom Mediterranean-style condo is on the southeast corner and faces the street. There is a double-door entry in the 34-unit building and Rogers' new home has hardwood floors and a fireplace in the living room. The 1,700-square-foot unit has a terrace and a gourmet kitchen with granite countertops and stainless-steel appliances.

Rogers, an admitted "neat freak" who gets $600 haircuts and carries Starla with him everywhere, scoffs at those who would have expected him to buy in a higher price range.

The purchase price, he says, is a testament to his negotiation powers and his keen knowledge of the market. "I know a deal when I can make one," Rogers says.

Rogers regularly represents homes in Malibu Colony and Beverly Hills. His listings range from $100,000-a-month leases to $60-million homes. His celebrity-clientele base includes Paris Hilton, Minnie Driver, Jamie Lynn Sigler and Hollywood studio heads.

June Ahn of Coldwell Banker had the listing. Rogers represented himself as the buyer.

Find other homes for sale in Beverly Hills, CA.
Find homes for rent in Beverly Hills, CA.

Still trying to decide which is right for you? Here are some AOL Real Estate guides to help you no matter what housing market you are in:

More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Get property tax help from our experts.
Read Full Story

Find a home

Powered by Zillow