Posts made in 2014

Why Las Vegas is a Good Location for First Time Home Buyers

According to Zillow’s 2015 forecast, Las Vegas is listed among the top 5 best housing markets for first-time buyers. So what makes our city so first-time buyer friendly? Affordability It’s no secret that the Las Vegas market took a huge hit following the recession. Housing prices in the valley took a drastic crash in comparison to the 2006 pricing peak, and recovery didn’t happen quickly. While Las Vegas home prices have been steadily rising as conditions improve, housing here is still very affordable compared to many other parts of the country. In addition, the median income in the area is...

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How to Price Your Home to Sell

Price it right the first time While it may be tempting to start out at a higher price point and test the waters, it’s not generally recommended. In a healthy market, a home that is priced well will sell rather quickly. If your home is priced too high, it’s going to sit on the market awhile, making it “stale”. Buyers will often assume that there is something wrong with a home if it’s been sitting too long or if the price has been dropped. This could lead them to the conclusion that they have bargaining power. By pricing your...

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Real Estate School: What Are the Benefits?

Are you considering becoming a real estate agent and aren’t sure whether enrolling in a real estate school is worth the investment? We’ve outlined a few benefits that may help you in making a decision. Be Prepared for the Exam An obvious benefit to enrolling in a real estate school is the fact that it will make you well prepared for the exam. The curriculum is tailored to cover the topics you’ll need to be familiar with, and may include quizzes with practice questions similar to what you can expect to see on the actual exam. Taking a pre-licensing...

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Obtaining a Nevada Real Estate License

Getting your real estate license in Las Vegas is the first step toward earning money as an agent. Real estate licensing requirements vary from state to state and the process requires some preparation. If you are interested in obtaining your Nevada real estate license, we have provided a brief overview on how licensing is structured in our state and what you can expect if you plan to move forward. What kind of real estate licenses are there in Nevada? Nevada has three main types of licenses available; a salesperson license, a broker license and a broker/salesperson license. All three...

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Las Vegas Home Prices Still on the Rise

While home prices across the U.S. have been cooling, Las Vegas home prices continue to inch up with the median price of single-family homes reaching $202,500 in September. That’s a 12.5% increase from a year prior. Inventory levels have risen slightly, but this isn’t necessarily a bad thing. Following the recession, Las Vegas saw the beginning of an investor frenzy as cash buyers rushed in to purchase rental properties at too-good-to-be-true prices. Properties were selling the minute they hit the market, and Realtors often found themselves in bidding wars amongst several investors. The competition between investors has been a...

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Fall Real Estate: 6 Seasonal Selling Tips

Even in the desert of Las Vegas, signs of the Fall season are already here – the vibrant colors and cooler temperatures set the perfect stage for home selling. Here are six tips to help you take advantage of the Fall real estate market. 1. Organize a Plan As the old adage goes, “a failure to plan is a plan for failure.” Even the most successful real estate agents can benefit from analyzing past data to guide them in the future. If you haven’t already done so, it’s a good idea to make a spreadsheet of all your past...

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