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5 Things to Look for in a Real Estate Agent

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5 Things to Look for in a Real Estate AgentIt should go without saying that the Las Vegas property management industry is a competitive and fast-paced scene. If you’re trying to find the most reliable real estate agent in Las Vegas, here are some foolproof traits you should look for:Good Communication SkillsWe all know that any good relationship has to have mutual and clear communication, but when it comes to the buying and selling of property, it’s crucial that the agent and their client are all on the same page. In this type of situation, it’s most probable that the clients are not familiar with real estate, so there has to be solid communication between both parties to ensure mutual trust. Plus, the property agent industry (especially in a place as busy as Las Vegas) is always fluctuating, so it’s crucial to have an agent who’s always on their toes and ready to let you know when it’s time to take any action.A Reputable Portfolio of Past WorkThe same way you would check out a photog…

Can a Real Estate Agent be a Property Manager?

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Can a Real Estate Agent be a (Las Vegas) Property Manager?To the layperson, it might be hard to distinguish the difference between the different titles you’re likely to hear in the real estate market: brokers, appraisers, property managers, agents, and more. In a nutshell, a real estate agent is focused primarily on the buying and selling of property.That is to say, if you’re renting or leasing, you’ll be in touch with a property manager most of the time, who is able to keep you up to date on inspections, loan payments, and more, rather than a real estate agent helping you close a deal before they move on to their next client and leave the new property in your hands. However, a property manager works closely with both parties to make sure that both the tenant and the property owner (you!) are satisfied with the living conditions. (Las Vegas) Property management is less about the exchanging of money and more about the relationship between the residents and the property owner.It should …

Can a Real Estate Agent be a Property Manager?

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Can a Real Estate Agent be a (Las Vegas) Property Manager?To the layperson, it might be hard to distinguish the difference between the different titles you’re likely to hear in the real estate market: brokers, appraisers, property managers, agents, and more. In a nutshell, a real estate agent is focused primarily on the buying and selling of property.That is to say, if you’re renting or leasing, you’ll be in touch with a property manager most of the time, who is able to keep you up to date on inspections, loan payments, and more, rather than a real estate agent helping you close a deal before they move on to their next client and leave the new property in your hands. However, a property manager works closely with both parties to make sure that both the tenant and the property owner (you!) are satisfied with the living conditions. (Las Vegas) Property management is less about the exchanging of money and more about the relationship between the residents and the property owner.It should …

2018 Las Vegas Real Estate Fun Facts

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2018 Las Vegas Real Estate Fun FactsReady to learn a thing or two about the recent market trends in the Las Vegas property and real estate industry? When you live in a city as “fast and furious” as Las Vegas, it’s crucial that you stay on top of the current trends if you want to be successful. Whether you’re looking to buy, sell, rent, or get a job as a property manager or real estate agent yourself, here are some of the most exciting real estate trends projected for 2018! (Don’t believe us? Look up any of these claims yourself and you’ll see!)Houses are getting more expensive. Okay, maybe this isn’t much of a “fun” fact. But it’s true – in 2008, most house prices were under $200,000, while just last year, the median price rose to just above that figure. This can be a good or a bad thing depending on how you spin it. For young couples looking to settle down, it’s daunting – but to older people looking to sell, this rise in value can be very comforting, especially since there are no in…

Find a property manager: What questions to ask

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Find a property manager: What questions to askFinding the right property management for your real estate investment lies all is the inquiry. Knowing what question to ask about services, fees, money management, property maintenance, and contract duration will help you find the best manager for your property.Here is a guide to what questions to ask to find the best property management.Services & FeesServices and fees are the primary part of a property management contract. It is essential that you must understand all the terms and conditions of the services and costs.  The services and fees part of the agreement is where the property manager agrees to specific services for an agreed-upon fee. It is vital that you fully understand what you will be paying for, what services are extra, and what services you will not be getting.Questions to ask about Services and Fees What type of fees do you charge?Most companies charge a management fee, understand the fee breakdown.How much is the mont…

A 7 step guide:  understand property management responsibilities

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A 7 step guide:  understand property management responsibilitiesWhat is a property manager, and how would they benefit you, and your real estate investment?Property management is a third party who is hired to manage daily operations of any real estate investment. In other words, a property manager makes sure that all types of properties remain rented, and that each establishment runs smoothly. The responsibility of property management varies depending on their salary and the specific terms of their contract. However, a property manager is responsible for rent, tenants, repairs, knowledge of the landlord-tenant law, supervising, managing budgets, and taxes.Here is a 7 step guide to help you understand property management responsibilities of having property management.1) Responsible for RentProperty management is accountable for setting rent prices, collecting rent from tenants, and adjusting rent rates when applicable on your real estate investment.Setting Rent: A property manager can …