Key takeaways:
– Season 2 of Mauricio Umansky’s Netflix show, “Buying Beverly Hills”, debuted on March 22, featuring a familiar feature from past seasons of “The Real Housewives of Beverly Hills” (RHOBH).
– On the second episode, Umansky reconnects with Paul Nassif, a plastic surgeon and renowned star of “Botched”.
– Nassif hired Umansky and The Agency to auction his house, which The Agency has referred to as the “Stradella” house.
– Though the house garnered offers exceeding $20 million, it eventually sold for $18.4 million at auction.
– Umansky also revealed his part in suggesting that Nassif and his then-wife be cast for ‘The Real Housewives of Beverly Hills’.
Popular star of Netflix’s real estate reality show “Buying Beverly Hills,” Mauricio Umansky, celebrated season two’s release on March 22. The season sees him reuniting with a familiar face from “The Real Housewives of Beverly Hills” (RHOBH) — Dr. Paul Nassif.
Umansky and Nassif’s Long-Standing Relationship
In a confessional on the new season’s second episode, Umansky explains his long-time friendship with Nassif, who appeared in seasons 1 to 3 of RHOBH alongside his then-wife Adrienne Maloof. The celebrity plastic surgeon and ‘Botched’ star hired Umansky and his company, The Agency, to navigate the tricky auction process for his home, named the “Stradella” house.
Umansky revealed, “Dr. Paul Nassif and I have been friends for a long, long time, and I actually suggested that he and his wife be cast for ‘The Real Housewives of Beverly Hills’. It led to ‘Botched’ which has been tremendously successful for him.”
Remembering the Early RHOBH Days
Nassif and Umansky share fond memories of their early RHOBH days during a recorded chat at the Stradella house, produced as a part of the property’s marketing. The video, which also involved veteran ‘Real Housewives’ alumnus Ken Todd, was shared on The Agency’s YouTube channel in October 2022.
Their nostalgic conversation ranged from their camaraderie during the show’s male-centric events to the excitement of attending grand parties.
The Stradella House Auction
The new season of “Buying Beverly Hills” showcases the challenging real estate market, forcing agents like Umansky to devise innovative strategies to sell properties. A major plotline centers around whether Umansky could sell Nassif’s Stradella house.
Umansky’s step-daughter Farrah Aljudfrie revealed that the property’s design was a creation of Faye Resnick, close friend of Umansky’s wife, Kyle Richards. The home, despite its esthetics, received potential buyer feedback, hinting that it required a much-needed modern vibe.
Undaunted by the market’s challenges, Umansky adopted an auction strategy for selling Nassif’s home. Maintaining the rule that the highest bidder would get the house, Umansky leveraged the risk of the property fetching less than the market value during the auction.
Was the Stradella House Sold?
Despite receiving offers well above the $20 million mark (given in exchange for auction cancellation), Nassif held firm, hoping for a larger bid. His hopes were fulfilled during the auction, revealed in episode 3 of the new season. The Stradella house found a new owner for $18.4 million, as confirmed on The Agency’s website.
In the fluctuating real estate market featured in “Buying Beverly Hills” season 2, viewers learned how Mauricio Umansky, with his business acumen and long-standing friends, navigated the landscape winningly. This reaffirms Umansky’s reputation as a shrewd and successful player in the Beverly Hills real estate industry.