Friday, June 01, 2012

Las Vegas Real Estate News

Las Vegas Real Estate News

Link to Las Vegas Real Estate News

How to Boost Your Las Vegas Real Estate Sales

Posted: 01 Jun 2012 06:01 AM PDT

Selling properties is one of the main sources of income when you're into real estate. This is also the goal of an agent, and this is where their commission will come from. The problem is that there are a lot of people who are not aware of the things that they can do in order to increase the number of sales that they make. This article was written to help you understand the things that should be done in order to increase the sales that you are going to make, and the number of clients that you are going to talk to.

If you are working as a real estate agent, the first thing that you need to do is to make sure that you are going to work well with your clients. There are a lot of things that you can do in order to gain the trust of your clients, and this will help you increase the number of properties that you can sell. Aside from this, you will also be able to grow your network, allowing you to gain more clients in the future. Keep in mind that you, as an agent, should have more contacts than anyone else, because this will allow you to sell the properties that you have easier.

Using the power of the Internet is also a very effective method that you can use in order to increase the number of sales that you can make. The only thing that you need to do is to make sure that you are going to complete your profile and provide all interested clients with all the information that they need. Everything that you will be placing on your profile will be used to assess your skills as a real estate agent. This will also help you get more sales, since you have established yourself as a professional in your area.

Regardless of the option that you are going to use, you need to make sure that you are going to provide all your clients with the service that they are looking for. Keep in mind that no matter how hard you work in order to get more sales, you won't be able to get the most out of it if someone is not satisfied with the service that he has received from you. This is something that you need to remember, and this will ensure that you will get more real estate sales.

There are several things that you need to know about Las Vegas Real Estate, and you need to be sure that you are going to do everything properly if you want to get the most out of your investment. This is the main reason why you need to get a professional who can provide you with all the information that you need to know when it comes to Real Estate Las Vegas.

June In Las Vegas - <b>Las Vegas Real Estate</b>

Posted: 31 May 2012 02:28 PM PDT

You can grab a bite, lift a glass, and be entertained by some of the greats. And you will be overlooking the city in this new, elegant, and intimate setting. Vegas has been waiting for this for so long and now it it here to stay!

Optimistic news in <b>Las Vegas real estate</b> market | Todd Miller TV

Posted: 31 May 2012 02:27 PM PDT

Todd explains that there is optimism in the Las Vegas real estate market.

<b>Las Vegas Real Estate</b> Market Update May 2012 | Todd Miller TV

Posted: 29 May 2012 10:16 AM PDT

Todd Miller, a Las Vegas Real Estate Agent, gives an update to the Las Vegas real estate market for May 2012.

Upside down by about $30K

Posted: 31 May 2012 06:29 PM PDT

I am interested in selling my 3800 square foot home in Madeira Canyon/Anthem community. I'm not horribly upside down and would like to try to sell my home without going the short sale/foreclosure route. Knowing that I'd have to come to closing with a little bit of $$, is it realistic that I could get a decent rate for my home? We owe $330K on our mortgage and would like to walk away with around $20K out of pocket? Thanks, Jen

How long will you be underwater?

Posted: 31 May 2012 02:50 PM PDT




If you are a homeowner in Las Vegas Nevada then there is a good chance your house is underwater. I get asked all the time how long will it take me to be in a position to get out of my house and by another property. Well here is a article from Daily Real Estate News that gives you a timeline on just how long it may take to relize equity. http://www.jonslasvegashomes.com   Tags: Short Sale Las Vegas NV

Las Vegas Predicted to Have Strong Home Price Rebound Over Next 5 Years

Posted: 31 May 2012 02:39 PM PDT

the markets that had the largest home price crashes are likely to have the strongest home price rebounds over the next five years.  In the long-run, home price appreciation tracks fairly closely with household income growth. But in the short-run, as we learned during the housing bubble, home prices can race far ahead of household income.  However, unless households suddenly become willing to allocate much more of their spending to housing, short run home price bubbles cannot persist. http://tinyurl.com/7v3tegz 

David Stiff, FiservDavid Stiff, FiservImagine that home prices are attached to household incomes by a rubber band.  During the bubble, home prices were much too high relative to income, stretching the rubber band (almost to the breaking point in some markets). When the bubble burst, home prices were "slingshotted" back toward household income. In many markets, after six years of falling prices, the ratio of home prices to income is substantially lower than it was prior to the bubble.  For the entire U.S., the price-income ratio has returned to its 1991 level.  This means that the rubber band is now being stretched in the opposite direction – in the former bubble markets, prices are now too low compared to income.

So, in many extreme bubble /crash markets, home prices should rebound strongly over the next five years.  But these short-term rebounds don't mean that these markets will continue to be robust over the long term.  In many of these markets, the housing sector contributed more than one-half of local economic (and income) growth during the bubble.  Large inventories of foreclosed homes will constrain housing construction in the crash markets, limiting the contribution of the housing sector to household income growth.  So, even though prices could jump by double-digits as the price-income rubber band snaps back, long-run appreciation will be limited weaker income gains.

100's of Listed and Unlisted Reduced Price Foreclosure Homes for Sale    



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Foreclosure fears foster true grief

Posted: 31 May 2012 01:30 PM PDT

Foreclosure fears foster true grief

Reports of foreclosures by the millions have been in the news so much over the past few years that to some, it might seem like the new normal. 

But as a real estate professional who is in the trenches with financially stressed homeowners every day, it never for a second feels to me like business-as-usual.

The prospect of losing one's home is right up there among the major sources of grief, and often, it goes hand in hand with other tragic setbacks such as the loss of a job, a divorce, death of a loved one, mounting medical bills or skyrocketing mortgage payments.

Unfortunately, the first stage of grief is denial, and that's even more the case when the threat of foreclosure is looming. No one wants to talk about or admit financial troubles—even when millions of others have found themselves in a similar spot.  It's completely understandable, but for homeowners who are behind on mortgage payments, decisive action is often the most critical step toward ensuring the best possible solution.

As a real estate professional who has sought out the Certified Distressed Property Expert (CDPE) designation, I help homeowners to deal with every aspect of the grief and uncertainty that accompanies a mortgage which is no longer manageable. In the process, I help them to get on a path of financial solvency.

If you or someone you care about would like to change the course of a life that's facing foreclosure, I get it and I can help. 

Contact me today!

Foreclosure fears foster true grief

Posted: 31 May 2012 01:31 PM PDT

Foreclosure fears foster true grief

Reports of foreclosures by the millions have been in the news so much over the past few years that to some, it might seem like the new normal. 

But as a real estate professional who is in the trenches with financially stressed homeowners every day, it never for a second feels to me like business-as-usual.

The prospect of losing one's home is right up there among the major sources of grief, and often, it goes hand in hand with other tragic setbacks such as the loss of a job, a divorce, death of a loved one, mounting medical bills or skyrocketing mortgage payments.

Unfortunately, the first stage of grief is denial, and that's even more the case when the threat of foreclosure is looming. No one wants to talk about or admit financial troubles—even when millions of others have found themselves in a similar spot.  It's completely understandable, but for homeowners who are behind on mortgage payments, decisive action is often the most critical step toward ensuring the best possible solution.

As a real estate professional who has sought out the Certified Distressed Property Expert (CDPE) designation, I help homeowners to deal with every aspect of the grief and uncertainty that accompanies a mortgage which is no longer manageable. In the process, I help them to get on a path of financial solvency.

If you or someone you care about would like to change the course of a life that's facing foreclosure, I get it and I can help. 

Contact me today!

Las Vegas Foreclosure Help

Posted: 31 May 2012 01:31 PM PDT

Since Las Vegas was hit tremendously hard by the housing bubble bursting, a short sale is often times the best alternative to foreclosure. A short sale allows you to remove yourself from your existing mortgage with minimal impact on your credit.


Foreclosure can have a life-long impact on your ability to obtain anything on credit, which is why it is so important to consider working out a short sale compromise with your bank. 

Home values in the Vegas area have taken a beating. Many homes have lost as much as 50-percent of their original value in terms of the day you signed your note. If your home was appraised at $240,000 on the day of closing in 2007, chances are very good the home is worth no more than $120,000 based on today's market values.

These numbers are especially significant if you are running 90 days or more late on your current mortgage payment. At this point, in the Vegas area or any other real estate market on the west coast, a short sale may very well be the answer to your problems. 

If you are looking to remove yourself from your current mortgage obligation, while maintaining a manageable credit score, then a short sale is a viable alternative. Banks and mortgage finance companies are willing to negotiate when it comes to resolving the debt obligation. New laws are in place that tailors to the borrower as opposed to helping the mortgage and finance companies.

Since the Vegas area was hit so hard by the housing crisis, government agencies understand the importance of protecting the rights of borrowers. Swift laws are in place that cater to the state of Nevada, which ensures the banks and mortgage companies follow through on their obligation to complete the short sale process as swiftly as promised.

If you are having thoughts about short selling but you aren't sure of what your next move should be, please don't hesitate to reach out to us for a FREE and confidential consultation.

Portland, Ore., market is warming up

Posted: 31 May 2012 07:13 AM PDT

Real Estate Market Q-and-A

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RealtyTrac: Short sales at 3-year high

Posted: 31 May 2012 11:02 AM PDT

CoreLogic finds completed foreclosures down 15 percent in April from a year ago

read more

Sell your sellers on staging

Posted: 31 May 2012 11:32 AM PDT

Showing a home to its best advantage can generate a quicker sale at a higher price

read more

Mortgage rates still looking for bottom

Posted: 31 May 2012 09:37 AM PDT

Investors like safety of bonds as eurozone crisis builds

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Buyers need your insight into real estate websites, apps

Posted: 31 May 2012 10:10 AM PDT

Realtor Notebook

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Beware of Las Vegas Short Sale Experts

Posted: 31 May 2012 06:13 AM PDT

Las Vegas, Nevada -- In the distressed Las Vegas housing market, many Realtors and Attorneys are calling themselves short sale experts; however, many of these self-proclaimed experts have little or no experience closing short sale transactions. What criterion constitutes an expert?

A recent report named The Myers Team the #1 Short Sale Realtors in Nevada.  Number one status was determined by actual short sale listings closed from January 1, 2007 through December 31, 2011.

According to the report, The Myers Team with the Caliber Realty Group has negotiated more short sale approvals and closed more short sale listing transactions than any Realtor or Broker in Las Vegas.  The majority of these closings have been short sales with Bank of America.

The Myers Team is nationally recognized as one of the most influential figures in Real Estate today.  According to Myers Team owner, Bill Myers, "Surrendering a home worth half of what you owe is NOT a failure, it's a business decision.  A short sale is an opportunity for you and your family to take control and walk away free and clear. Nobody wants to lose their home; however, loan modification doesn't work and there is no need to go down with a sinking ship.  Homeowners need to know when to say enough is enough."

Many Realtors proclaim themselves to be short sale experts; however, according to Myers, "A Realtor in Las Vegas can become a Certified Short Sale Expert by attending a one day class at the Board of Real Estate.  The ability to be called an expert in any field should be based upon performance and consistent results; not based upon attending an afternoon seminar." Myers added, "This would be the same as declaring yourself a 'home run expert' after attending a one-day baseball class yet never picking up a bat or actually hitting a ball."  The Myers Team has continually broken sales records, and when it comes to short sale transactions, they are considered by most experts to be industry leaders.

The Myers Team was an award winning Real Estate team at Century 21 for nine years; however, in 2011 they joined forces with the Caliber Realty Group.  According to Myers, "Our Real Estate market has changed; however, most Real Estate companies have not. While most Real Estate Brokers are still learning how to do short sales, the Caliber Realty Group is backed by ownership that has been dealing with Banks and Loss Mitigation Departments for almost three decades." Additionally, Myers said, "A short sale is one of the most complicated transactions in residential Real Estate and experience is everything.  If you needed open-heart surgery, would you go to jack of all trades physician, or would you visit a heart specialist?  The Caliber Realty Group specializes in short sale transactions. This experience allows Caliber Realty to provide a higher caliber of service and stand out in today's unique Real Estate market."

Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, "Sellers facing foreclosure must remember that banks are not looking out for you or your family.  When you work with The Myers Team, our job is to get between you and the bank.  We represent our clients, NOT the banks.  It is our job to negotiate the best possible outcome.  Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible."

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com  

Also visit http://VegasShortSaleInfo.com

Short Sale Las Vegas | Top Las Vegas Realtors*Above production is based on results from January 1, 2007 through December 31, 2011 (short sale listing ends only.) The information provided is obtained from public records, it is deemed reliable but not guaranteed.

Short Sale Las Vegas | The Myers Team


Las Vegas Short Sale Experts | The Myers Team

'Inman Innovators' through the years

Posted: 31 May 2012 07:27 AM PDT

A complete list of Inman News Innovator Award winners since 1998

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Nominate the 2012 Real Estate Innovators

Posted: 31 May 2012 07:14 AM PDT

Awards honor those who boost industry productivity, efficiency and transparency

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