Las Vegas Real Estate News

Sept. 11, 2018

Green Energy Tips for Your Home

Solar power may very well be the future of energy on earth. I recently sat down with my good friend, Rick Van Diepen of GRN Vision, to talk about his background, his company, and some things you can do to make your property more energy efficient today. Here is an outline of what we discussed, with timestamps so that you can skip ahead to the part(s) that interest you most:

 

:50- Where to start if you want to make your home more energy efficient today.

 

2:20- Smaller-scale projects that will bring energy efficiency (and value) to your home.

 

4:10- How new VOC paint can help make your home more energy efficient and give you better air quality at the same time, without breaking the bank.

 

6:30- How to provide natural daylight in the dark areas your home without having to turn the lights on.

 

Thanks again to Rick for joining us. If you have any specific questions for Rick or myself about making your home or business more energy efficient and environmentally friendly, don’t hesitate to give him a call at (702) 242-0625.

 

If you have any other questions about real estate for myself, don’t hesitate to give me a call or send me an email any time. I would love to hear from you.

Posted in Newly Listed Homes
Aug. 9, 2018

Expert Advice About the Current Real Estate Industry Trends

 

Today my friend Cody Tyson of Bay Equity Home Loans is with me to share his expertise on the current real estate industry.

 

Today I am joined with my good friend and preferred lender partner, Cody Tyson of Bay Equity Home Loans, to talk about some of what we have recently seen in the real estate industry. Cody has been in his line of work for 15 years which definitely qualifies him as an expert for this expert conversation.

 

Cody tells us that in any transaction you are only as good as the weakest player on the team. He sometimes sees that when there is a new real estate agent, escrow officer, or lender, clients can pick up on it. Even though everyone else is pulling their weight and doing their job, it doesn't feel right. This feeling spreads throughout the entire transaction.

 

This can also happen to people who have been in the business for a long time but have only done it for a few hours a week as a part-time job.

 

One of the things he mentioned as well is that it is the agent's job to be that calming force. Buying or selling is highly emotional times for both parties for a number of reasons. Usually, people buy and sell real estate because they have a life change that has occurred such as a job transfer, promotion, divorce, marriage, death, etc.

 

Add in someone who is not well equipped in the deal, and it is contagious. If the real estate agent is worried about getting a paycheck, they may not be the calming force that you need. This can spread even if you have a lender and an agent who has worked together for a long time and there is a third person that is thrown in that stirs the pot.

 

The final tip for this week from our expert is to make sure you do your homework. If you know someone or have seen them on social media, find out the depth of their knowledge and how they will handle challenges and conflicts. A real estate transaction it is about navigating those hurdles that most certainly do come up.

 

If you have any questions about this or anything else real estate related, please feel free to reach out. I look forward to speaking with you.

Posted in News
July 26, 2018

We’re in a Red-Hot Seller’s Market, so Don’t Give Your Home Away

Don’t give your home away—not in one of the strongest markets we’ve seen in the last decade.

 

As I’m sure you’ve heard, the Las Vegas/Henderson market has been on fire this year. As a result, an interesting trend has been occurring that affects home sellers. Companies like Opendoor are getting more involved in the market and spending more and more dollars to convince you to sell your property to them.

 

Why does it make sense for them to buy your property? Because they’re investors who’re looking for a return on their investment. Why would it make sense for you to sell your property to them? Usually it’s because your home sale faces a significant challenge—perhaps your home needs to be fixed up but you don’t have the money to do so, you’re on a tight timeline, or you’re just overwhelmed with the process in general.

 

If you’re up against the wall and you need to sell quickly, you could sell to a company like Opendoor, but you should know that you might be leaving more money on the table than you’re aware of if you do. In our current market, many listed properties are receiving multiple offers and selling above their appraised value.

 

Companies like Opendoor do everything based on past sales (or anything that’s sold within the last 60 to 120 days), but the real market operates based on what’s going to happen in the future. Understanding this is how we get our clients top dollar for their homes—by generating buyer traffic, pushing the price, and negotiating until the sale goes above the home’s appraised value.

 

Don’t give your home away—not in one of the strongest markets we’ve seen in the last decade.

 

If you’d like to know more about how we can sell your home quickly and for top dollar or you have any questions about our current market, don’t hesitate to reach out to me. My team and I would love to help you.

Posted in News
July 12, 2018

Knowing the Contracts in Real Estate

 

If agents aren’t educated about the real estate business, the consumers are the ones who get hurt. That’s why it’s so important that agents know the real estate contracts like the back of their hand.

 

I just finished one of my continuing education classes I’m required to take every two years to retain my real estate license, and this most recent class was about today’s topic: real estate contracts.

 

Something, in particular, blew me away about this class: Despite the fact that all the agents in the audience had a least a couple years’ worth of experience, about 90% of them knew very little about the contracts we use day in, day out.

 

I bring this observation up for a couple of reasons.

 

First, if you’re a consumer, you should know that just because someone passed their real estate license exam doesn’t make them qualified to help you buy or sell a house. Nor are they automatically qualified if they’ve been in the business for five or 10 years.

 

Out of the 40 agents in this class, only three had been in the business for 20 years or longer. I was one of them, and all three of us knew every provision and every term of every contract. By contrast, most of the other agents couldn’t even describe what the word “contingency” meant, or why a date and time are needed next to the duties owed form. It’s important to know about this form, because it’s a document that needs to be signed before you go into a listing agreement or purchasing agreement. More specifically, it outlines who’s representing who in the transaction and what their duties are.

 

Second, it got me thinking that we have to find a way to get agents better educated. Too many brokers who have little-to-no training themselves are opening up brokerages and then hiring people without taking the time to teach them the basics. To me, the scary part is that the consumers are the one who will ultimately be hurt by this. If you hire someone who doesn’t know the basics of the real estate business, you’re the one who’s exposed.

 

For example, I got a call this morning from a lender friend of mine who told me he’s doing a loan that won’t close on time for a buyer whose agent knew it wasn’t going to close on time when they wrote the offer. The buyer’s agent was new to the business, and he wrote a very attractive offer that, unfortunately, also had a very short closing window.

 

The sad part is that the seller’s agent was a competent, experienced agent who knew what would happen but didn’t do anything to reach out and amend the situation. The seller’s now planning on canceling the transaction, and the buyer will lose their earnest money deposit.

 

If you’re a real estate agent, make sure you take the time to learn the business and learn your contracts. You should know every paragraph and every sentence of them. If you don’t understand them, get in touch with a veteran agent or someone else who can explain things to you. This business attracts a lot of people because they like the idea of having the freedom to control their own schedule and making a lot of money. The reality, though, is that the real estate business is about looking out for other people’s best interests. Ultimately, the undoing of a real estate agent comes from not being engaged in learning the business.


If you’re a buyer or a seller, ask your agent simple questions about your contract during the home sale process. If they don’t know about that stuff backward and forwards, they’re just pretending to be a real estate professional. Also, don’t just hire someone because you like them or they’re a family member. If you have any questions or want more information, feel free to send me an email or a phone call. I look forward to hearing from you soon!

June 19, 2018

3 Sustainability Projects That Can Improve Your Home’s Value

If you want to increase your home’s value before listing it, there are three projects you can do that will improve its sustainability and make it more attractive to buyers.

 

If you are thinking of selling your home, think sustainability.

 

A new survey by the National Association of Realtors just came out, and it made some remarkable points. For example, 61% of Realtors said clients are interested in sustainability. Also, a whopping 71% of Realtors said energy efficiency is valuable in helping sell a home.

 

So, if you are interested in sustainability and you want to sell your home for a higher price, here are three projects to consider:

 

1. Energy-efficient appliances. Energy Star-certified appliances such as fridges, washing machines, and clothes dryers can be as much as 40% more water efficient and 25% more energy efficient than standard models. Those numbers go way up if you compare new energy-efficient appliances with models that are more than a few years old.

 

Other gadgets throughout your house might also warrant an update. For example, if you have an old thermostat or an inefficient water heater, then smart new alternatives such as the Nest thermostat or solar water heaters might also be worth a look.

 

2. Solar panels. Speaking of solar, homes with solar panels sell 20% faster, according to the National Renewable Energy Laboratory. Even more impressive, they sell for a whopping 17% more than comparable homes without solar. And with a range of state and federal incentives still in place, solar can be a great way to make your home more green and attractive at the same time.

 

3. Windows, doors, and siding. Renovated windows, doors, and siding typically recoup about 80% of their cost in terms of higher home value. However, a full suite of energy-efficient windows, doors, and siding might be worth even more in the current sustainability-minded market. Plus, these projects increase your home’s curb appeal, making it more likely your home will get more interest from potential buyers.

 

Any of these projects can potentially add a lot of value to your home. If you want to discuss which sustainability projects might make the most sense in your particular case or what kind of sale price you could achieve, please feel free to give me a call.

 

If you have any other questions or real estate needs, feel free to call or email me anytime. I would be happy to help you.

Posted in News
April 11, 2018

Las Vegas Golden Knights Playoffs 2018!

 

Friends,

Hockey Season is officially coming to a close, which can only mean one thing: the spring market is here!

With that, I wanted to reach out to you for a small favor.

I hope you have appreciated the video emails I send out regularly each month addressing trends in, changes to, and tips for navigating the world of real estate.

This is where I would like your help.

Rather than simply guess what's on your mind, I want to reach out and ask you what questions you have about real estate.

Are there any concepts that confuse you? Are you curious about the market in your particular area?

I would love to answer your specific questions in my videos so other people with similar questions can benefit from them too.

Go Knights!

Joe

Posted in News
March 28, 2018

6605 Sweetzer Way

A new front door welcomes you to Single Story Cul de Sac living!  Your next home is here!  Tile throughout and real bamboo flooring in the bedrooms are just the start!  Granite transformed counters provide ample counterspace for your fussiest chef to work their magic!  Relax in the backyard resplendent in landscaping and strolling trails.  A welcome break from the hustle and bustle of everyday life!  Full size laundry room with shelving means no more small-load stackable washers for you!  Fresh paint inside and out (less than 2 years on exterior paint) and the home is pre-wired for an alarm as well.  New blinds in the kitchen and both guest bedrooms installed weeks ago. Come see your next home! 

For additional information on homes in Las Vegas:

http://www.dgrealtylv.com/

Posted in Newly Listed Homes
Feb. 8, 2018

Giving Back With the Help of the American Red Cross

To give back to our community, our team decided to partner with the American Red Cross for a blood drive.

 

 We have been given so much from the community around us, and now it’s our turn to give back. To show our support, we held a blood drive with the American Red Cross. This is just one of the many ways we hope to show the community that we care. Thank you to all who participated in helping us save lives. We will be hosting more blood drives in the future, so stay tuned. To see a recap of the event, watch this short video.

 

Posted in News
Feb. 7, 2018

2007 Catalina Marie

 

Beautiful home on a corner lot in Green Valley. Four Bedrooms, 2 1/2 bathrooms with a formal living room at entry and a built in pool and spa. This 2 story home is ready for its new owners!

Posted in Newly Listed Homes
Feb. 7, 2018

366 Apple River Court - Rhodes Ranch

Pull into your private oasis on nearly a quarter acre in highly desired, guard gated Rhodes Ranch. This gem is nestled at the end of a Cul-De-Sac on an over sized lot, with cultivated desert landscaping providing privacy beyond imagination. Enjoy moonlit nights gazing up through the windows of your 19 foot vaulted ceilings in this absolutely stunning home. 

For additional information on Properties for sale in Rhodes Ranch: http://www.dgrealtylv.com/

Posted in Newly Listed Homes