Realizing Realtor Roles in Las Vegas, Nevada
I would like to share some serious introspection on today’s post, about the value real estate agents deliver in Las Vegas.
The greater Las Vegas metropolitan area is a mix of residential, commercial and industrial projects. People and firms enter the Las Vegas realty market with an equally wide array of needs. Some folk simply want a home in to which they can quickly move in, and would like to concentrate on settling in to new jobs and careers that bring them to Nevada. Such people do not want futuristic projects that may be subject to delays.
Then there are couples typically in their fifties who have heard about neighborhoods reserved for senior citizens in Las Vegas. They would do well to make bookings with reputed developers, choosing projects that will take a few years to see the light of day. Such couples will lose value by putting money in to projects that are ready for occupation, because they still have many years in jobs that are probably located somewhere else. You do not want to put precious savings in to projects that may never see the light of day or others with high chances of expensive litigation, so the track record of the developer matters most in such cases.
Prospects of making a quick windfall are what bring some customers through my door. The Multiple Listing Service is my Bible at such times. I have to keep an inventory of distress sales, or of people moving out of Las Vegas in a hurry (job transfers are a common reason), to provide customers with cash to invest chances of quick and significant returns. Blue Sky projects are simply a waste of time for such people.
Commercial realty is all about location, so realtors have to be tuned in to Nevada’s long term economic plans, tax policies and infrastructure projects to service industrial customers in a professional way. Real estate agents should counsel clients to plan for delays and bottlenecks which are part and parcel of projects with long gestation periods, and keep faith in the big picture. Durability is a hall mark of the overall Las Vegas realty value proposition, so patience is certainly a valuable virtue for investors!
Curve, the high-rise residential project in the greater Las Vegas area, is a good example of the need to match explicit and covert customer needs with project profiles and features. Recent developments with regard to deposit refunds and minor delays in achieving milestones of this project are evidence that some California investors may have rushed in to Las Vegas without an experienced local to hold their hands, and now find themselves in an emergent and unsatisfactory situation.
Professional realtors have their work cut out, and may sometimes wonder why they pound the streets and pour over proposals, but it all seems worthwhile when we see smiles on the faces of clients who realize that we have indeed made a difference to their realty decisions!
The greater Las Vegas metropolitan area is a mix of residential, commercial and industrial projects. People and firms enter the Las Vegas realty market with an equally wide array of needs. Some folk simply want a home in to which they can quickly move in, and would like to concentrate on settling in to new jobs and careers that bring them to Nevada. Such people do not want futuristic projects that may be subject to delays.
Then there are couples typically in their fifties who have heard about neighborhoods reserved for senior citizens in Las Vegas. They would do well to make bookings with reputed developers, choosing projects that will take a few years to see the light of day. Such couples will lose value by putting money in to projects that are ready for occupation, because they still have many years in jobs that are probably located somewhere else. You do not want to put precious savings in to projects that may never see the light of day or others with high chances of expensive litigation, so the track record of the developer matters most in such cases.
Prospects of making a quick windfall are what bring some customers through my door. The Multiple Listing Service is my Bible at such times. I have to keep an inventory of distress sales, or of people moving out of Las Vegas in a hurry (job transfers are a common reason), to provide customers with cash to invest chances of quick and significant returns. Blue Sky projects are simply a waste of time for such people.
Commercial realty is all about location, so realtors have to be tuned in to Nevada’s long term economic plans, tax policies and infrastructure projects to service industrial customers in a professional way. Real estate agents should counsel clients to plan for delays and bottlenecks which are part and parcel of projects with long gestation periods, and keep faith in the big picture. Durability is a hall mark of the overall Las Vegas realty value proposition, so patience is certainly a valuable virtue for investors!
Curve, the high-rise residential project in the greater Las Vegas area, is a good example of the need to match explicit and covert customer needs with project profiles and features. Recent developments with regard to deposit refunds and minor delays in achieving milestones of this project are evidence that some California investors may have rushed in to Las Vegas without an experienced local to hold their hands, and now find themselves in an emergent and unsatisfactory situation.
Professional realtors have their work cut out, and may sometimes wonder why they pound the streets and pour over proposals, but it all seems worthwhile when we see smiles on the faces of clients who realize that we have indeed made a difference to their realty decisions!
posted by realestatevegas | 9:18 AM
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