Story

The Presidential Story


The story of Presidential Real-Estate begins with its owner, Allen Chiang. Born in China, he moved to Taiwan during World War II. His family was not wealthy, in fact, by the standards of many, he would have been considered the poor. However, since he was very young, he has a thirst for knowledge and was gifted with the ability to remember almost everything he sat his eyes on. He developed a special interest for law and legal related knowledge and during his junior year in college he was the youngest person in Taiwan to pass the top tier standard test. At age 27 he was among the top 10 honorary teenage achievers in Taiwan.

“Do the best, or don’t do it at all” is Allen’s philosophy on everything. He started businesses using only personal funding, from a trading company to an assembly plant. He deeply believe in innovation and creativity, and always stayed at the bleeding-edge, always a few steps ahead of the competition. When he was in the manufacturing business, he often drew up new designs in a coffee shop with foreign investors, creating the first mockup with his engineer right in the hotel afterwards. Sleeping merely 4 to 5 hours a day, he remained far ahead of the competition and proudly owned the largest single assembly factory for handbags and other leather items in Taiwan with more than 3,000 employees and trading partners from United States, Canada, Europe, and Australia.

As an early-generation immigrant to America, life was anything but easy for him, but with persistence and dedication, he obtained his lawyer’s license in New York, which eventually led to working for the biggest communication equipment firm at the time, Bell Laboratory. Outside of his working hours, he often wondered the street and asking himself: “Where is the business opportunity?”

Finally, in 1987, he borrowed $5,000 and started a small company called “Presidential Real Estate”, on the first day of business, he’s small, 500 square foot office was flooded with realtors, wanting to join. 53 licensed realtors joined Presidential on day one.

Step by step, with his honest business practices, insisting on doing things “fair and square”, within 10 years time, Presidential grew to 5 branch offices, more than 300 realtors and head-quarter office over 20,000 square foot.

Allen often said: “opportunity is always there, if you know where to look”. He approach his business looking ahead and above, firmly believing the philosophy that you will reap what you sow. He was never too fond of the common practice among the competition that put their own business interest in front of their customer’s interest, or worrying about losing business to competition.

His hard work, focus and dedication has earned him name recognition in the real estate market. In 1992, he was given the chair of C.A.R (California Association of Realtors), over the years he has held numerous office from local board director, regional board director, involved deeply in the invention of electronically exchange data among MLSes in Southern California and C.A.R International Real Estate Legislative Liaisons.

Believing “Knowledge is power”, in 2000, Allen set a nationwide record that under 10 months, on top of managing day to day business operations, he obtained all six National Association of Realtor certificates including CCIM, CIPS, CRB, SRES, ABR, ABRM on top of that he also received CRS, e-PRO and many other certifications, becoming the only person in N.A.R to hold that many recognition.

During this nearly 30 years of business venture, he has always insisted on training each agent personally. Some Realtors came because they faced challenges wherever they go, and are on the edge of leaving the business; some were brave and bold and eventually got themselves in all sorts of problems. Allen did not care what their circumstances were, he taught all his fellow realtors all the knowledge available to him, and he is willing to share all that he knows. Aided with his gift of memory, he knows every single realtor by name and remember every case as if they happened yesterday. Under his careful nurturing, most Realtors at Presidential became business elite and Presidential Real Estate became more than a company and more than a business -- it is a family.