Nevada Real Estate >> Las Vegas Real Estate Specialist: Las Vegas Area Auction Update from my Buyer's Agent

Las Vegas Area Auction Update from my Buyer's Agent

We are representing several buyers at today's auctions.

He just called me and told me it is PACKED and some of these homes are going for incredibly low prices even with the amount of buyers.

He said they are going by area and the older homes are up first and it doesn't appear that there is too much interest in the older homes.  Older in Las Vegas area are homes built in the 50s and 60s by the way!

It will be interesting to hear from him as the day goes on!  His buyers are mainly interested in the NW from the Lakes to north of Summerlin (before the new master planned community of Providence.)

I will keep the updates going on this post.  There will be more auctions in April so I will let you know when I get more details on that.  These auctions will not affect MLS market statistics as they were mainly expired listings.

copyright 2006-2011 Renee Burrows, REALTOR®, The Force Realty  702-966-2494

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Comments

Hi Renee, I just sold a client's home here in SD and they relocating to LV. I tried to refer them to you and discovered that they had already established ( from over a year ago) a relationship. Sorry, next time I hope.

It will be interesting to see how it goes in representing  your Buyer at auction. I hope you are successful. I will watch to read that your Buyer made the winning bid. Perhaps you will detail out what all was involved in the process.

All the Best!

Posted by San Diego Real Estate Voice authored by William Johnson GRI CRS e-Pro CDPE (RE/MAX Associates) about 4 years ago

I'll be interested, too, Renee. Hey, how about a short video of the action?

Jeff 

Posted by Jeff Dowler ~ Carlsbad Homes for Sale ~ 760-840-1360 (Solutions Real Estate (CA DRE Lic. # 01490977)) about 4 years ago
I am interesting in hearing a follow up on this as well Renee.
Posted by Steve Scheer - Highlands Ranch Real Estate - Denver Real Estate (Realty Oasis - Metro Brokers) about 4 years ago

Hi Renee, Thanks for taking the time to chat.  I enjoyed it as well.  I'm sure we'll cross path again in the near future!  In the meantime, I'll keep watching your blog and learning! :)

Posted by Lowell Caro Jr - REO Broker and Market Advisor (Keller Williams) about 4 years ago
I would like to hear a follow up on this as well ! Hope you have a wonderful Easter !
Posted by Melissa Grant Virtual Assistant (Affordable VA Services) about 4 years ago

I'd be really interested in knowing what an average 1968 or 1970 home sold for at the auction.....

Also, did any of your buyers get a home there today?

Posted by Marlene Scheffer, Realtor to Kitsap County, WA (Realty Station) about 4 years ago
I'm a bit skeptical about these auctions...it seems easy but I wonder how much they get out of you besides the price.
Posted by Neal Bloom-Realtor ®CRS-Weston FL Real Estate (Keller Williams Properties, Weston FL) about 4 years ago
I'm surprised that you have many homes older than 30 years old. Maybe I need to visit more often.
Posted by Larry Brewer Nashville Real Estate (Benchmark Realty LLc) about 4 years ago
Renee, don't leave us hanging! How did it go? Did you win any of the auctions? You are probably too busy to update us since you are opening a bunch of escrows this morning.
Posted by Greg Knowles Santa Barbara Ca. (Fidelity National Title Group-Santa Barbara) about 4 years ago
It is interesting to hear about auction activity in your area. Here they are not a common occurrence.
Posted by Rosario Lewis, GRI, SRES ~ DDR Realty, Orange County, NY (DDR Realty) about 4 years ago

Super cool! Can't wait to see some of Vegas and get to know more about your market in April.

Katrina in Tampa

Posted by Tampa FL Homes for sale | Tampa Bay Katrina Madewell (813) 777-1196 (Charles Rutenberg Rlty- More than 5,000 agents(813) 777-1196) about 4 years ago

Hi Renee.  Thanks for reading my post.  And congrats on the big closing.  You are rocking and active on active rain I see.

Lets both have a great year.

Ken

Posted by Ken Tracy Naperville Illinois Real Estate (Keller Williams Infinity - Naperville) about 4 years ago
Renee, anything in DC that was built after 1950 is considered new construction!  We want to hear more about the auction!
Posted by Patricia Kennedy (Evers & Company Realtors) about 4 years ago

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