The Godfather of Las Vegas – elevate Episode 6 w/ Executive Recruiter Mark Wayman

With monthly gambling revenue over a billion dollars, Las Vegas is a hot spot for high-paying executive jobs. Today on elevate, we have an exclusive interview with Mark Wayman, a top-level Executive Recruiter in the casino and gaming industry — better known as The Godfather of Las Vegas. We’re talking about million-dollar salaries, the ins […]

Discover the Pinnacle of Architectural Design in elevate Episode 5 w/ Quinn Boesenecker

Designing and building your custom dream home isn’t fast or easy, but it is one of the most rewarding goals you can achieve. Today on elevate, you’ll hear from Quinn Boesenecker, Owner and Principal at Pinnacle Architectural Studio. We’re sharing our best advice for anyone considering a custom home build — including tips for working […]

HOA Dues in Las Vegas Guard-Gated Communities

All of the unique guard-gated communities that we specialize in have one thing in common: HOA dues. Depending on where the community is located and what amenities are offered, residents may be responsible for up to three different assessment fees, which are generally charged monthly. As much as the HOA fees vary, the amenities themselves […]

elevate Episode 1 w/ Daniel Matus

Interior design shows are inspiring, but reality can be a lot different from HGTV. Today on elevate, we’re talking to interior design expert Daniel Matus, Principal Designer and CEO of Desired Space. We’ll uncover common misconceptions about the design and renovation process, discover the latest interior design trends, and learn the truth about home renovation […]

Maximizing Your Net Profit Through Renovations

Brand-new homes sell for the highest price per square foot. Of course, homes with unique views or golf course frontage usually go for a premium, but the newer your home looks and feels, the higher your sales price will be. That’s why it can pay off considerably to make renovations—even in the strong seller’s market […]

5 Critical Tips for Buying New Construction Homes

Are you considering buying a brand new home? Whether that means starting with a custom lot and building from scratch or purchasing a builder home in a new community, the process is exciting. Customizing your favorite floor plan by picking out your flooring, cabinets, and counters is a fun experience. Likewise, designing a custom dream […]

Las Vegas Guard-Gated Real Estate Market Trends – August 2021

Here are some interesting facts about the current market conditions. Guard gated inventory is down 38.5% over last July, which continues to set the stage for a highly competitive market. Pending sales are down 19.2% over last month and 20.6% over last year. However, this slowdown is not a sign that the market is turning soft. If […]

Las Vegas Guard-Gated Real Estate Market Trends – July 2021

As we enter the third quarter of 2021, the luxury real estate market continues to thrive. In Q2, there were 485 sales for properties over $1M. Compare this number to the 112 sales in Q2 of 2020 (when Covid-19 lockdowns were just beginning) and the 171 sales in Q2 of 2019 (a great year for […]

Las Vegas Guard-Gated Real Estate Market Trends – June 2021

You may have seen some recent headlines about a decline in home sales and new mortgage applications. Does this mean the Las Vegas real estate market is cooling down? If you look at the data in today’s newsletter, you’ll see that the market is still white-hot, but there are two main reasons why the media […]

Las Vegas Guard-Gated Real Estate Market Trends – May 2021

The secret is out: Las Vegas is a great place to live. Demand is high, inventory is low, prices are rising, and the market will likely remain hot for quite some time. During the last real estate bubble, wild speculation was rampant in Las Vegas. It wasn’t uncommon for buyers to purchase five homes with […]

Las Vegas Guard-Gated Real Estate Market Trends – April 2021

First, it was toilet paper; now, it’s real estate disappearing fast. In today’s hot market, inventory is low, and demand is high. At all price points up to $2 million, there is barely a two-month supply of guard gated real estate. For homes priced between $2 million and $2.5 million, there’s only a three-month supply—and […]

Las Vegas Guard-Gated Real Estate Market Trends – March 2021

The luxury real estate market is white-hot! February closed sales were up 55% over last year, and inventory was down 34.1%. These conditions are creating an extremely competitive marketplace and pushing prices upward. We’re also seeing multiple offers on many of the sales happening right now, especially for our sellers. Here is some advice on […]

Las Vegas Guard-Gated Real Estate Market Trends – Feb 2021

The guard gated luxury real estate market is off to a strong start in 2021! You’ll find all of the numbers in the Market Trends section below, but first, let’s look at the bigger picture with the year-over-year trends. January 2021 closed sales were up 43%, pending sales were up 60.8%, and inventory was down […]

2020 Las Vegas Luxury Real Estate Market Strong Despite COVID

Happy New Year! Despite the pandemic, the Las Vegas valley’s luxury real estate market was on fire throughout the last half of 2020. For homes priced between $1 million and $2 million, there were 597 sales in 2020 compared to 450 in 2019. This is an increase of 32.7%. However, the impressive numbers don’t stop […]

Top 10 Guard Gated Home Sales of 2020

Despite the COVID-19 pandemic, 2020 was a strong year for guard gated real estate in the Las Vegas Valley—particularly during the last half of the year. For homes sold at $500,000 and above, we saw $1,418,608,991 in total guard gated sales volume—$428,888,325 more than we did in 2019 (an increase of over 30%). As far […]

The Strongest Holiday Season We’ve Seen for Luxury Real Estate

There I was, white-knuckled and holding my breath, driving 130 MPH into a tight corner, right on the tail of the car in front of me. Without foot brakes—because apparently NASCAR drivers only care about speeding up, not slowing down—I definitely felt a new level of fear going into that corner. I’m no NASCAR aficionado, […]

Luxury Real Estate Market in Las Vegas Isn’t Cooling Down

Happy Holidays, After what seemed to be a summer that lasted forever, winter is finally here. According to the Las Vegas Review-Journal, “the summer of 2020 recorded 97 days with highs of 100 or more.” The record is 100 days, set in 1947. Real estate, on the other hand, isn’t cooling down. October closed sales […]

Guard Gated Sales Remained Strong in September

September sales remained strong with 106 guard gated sales—down just 1 sale from August. Normally, this is the time of year that sales start to taper off, but it looks like we will finish this year strong, Vegas Strong. There were 190 guard gated homes under contract as of September 30th, an increase of 19.5% […]

The Las Vegas Guard Gated Real Estate Market Continues to Rock and Roll

The guard gated real estate market continues to rock and roll; August’s closed sales were up 23% over July and year over year. My team is busier than ever, writing offers and filling showing requests. The energy is exciting! Though it can seem perplexing—local unemployment is up, we are in a pandemic, and it’s an election […]

The Las Vegas Guard Gated Market Is on Fire

ading convenient, but it doesn’t replace the feeling of cracking open a favorite book and turning its pages. This kind of multisensory experience also matters in real estate. My company was early to embrace digital. Still, when accompanying a home-buying client to a listing, it’s stunning to see a seven-figure property without a home brochure. […]

Las Vegas’? Guard Gated Market is Super Hot

Already this summer is proving to be about extremes. Along with Las Vegas’ temperatures skyrocketing, June’s sales figures show that the local guard gated market is also super hot. For sellers, this means there are no lazy days of summer. Those who take action will gain a competitive edge and benefit from the opportunity in […]

The Luxury Real Estate Market is Back…for Now

The spring selling season’s bloom came late, but it has arrived. In May, closed sales of guard-gated real estate in Las Vegas checked in at 48 properties, which is a 50% increase over April. While the closed sales figure is a lagging indicator, since the escrow process is 30-45 days, when we look at another […]

Luxury Real Estate Talk Podcast: Episode 22

Money can’t buy you taste, and buyers don’t want your problems. Understand why bad staging or shoddy repair jobs can cut your bottom line. Zillow, Realtor.com, and Trulia have filters that have changed the real estate game and the way that buyers can shop for a home. In this episode, Erich Cabe shares his knowledge […]

Luxury Real Estate Talk Podcast: Episode 21

When it comes to selling your home, the asking price you choose can make or break your real estate deal. In this interview with Jenna McKay—a Compass real estate agent based in New York City—discover why pricing your home correctly the first time is so important, learn some great tactics for marketing your property with […]

Luxury Real Estate Talk Podcast: Episode 20

Just because someone’s a good friend doesn’t mean they’re a good real estate agent. On this episode of Luxury Real Estate Talk, I interview Scott Aurich—a Coronado, California-based Realtor with over thirty years of diverse real estate experience. Discover why it’s more important than ever to work with an experienced real estate agent, find out […]

Luxury Real Estate Talk Podcast: Episode 19

Your home’s first showing is online. That’s why it’s important for your internet curb appeal and marketing exposure to be top-notch. In this interview, I talk to Scot Drucker—a Compass real estate agent based in Miami, Florida—about how he leverages his sports background and network to represent athletes buying and selling luxury real estate. We […]

Luxury Real Estate Talk Podcast: Episode 18

Negotiating real estate can be a real headache. Nothing comes easy, especially when cultures clash and there’s a never-ending supply of inexperienced agents involved. In this insightful interview with Amit Bhuta of ALL IN Miami Group, we discuss how keeping up with modern technology and understanding the market you’re in can make all the difference. […]

When to Get An Appraisal on Your Luxury Home

An appraisal is an opinion of value at a specific time for a specific property. Written by a licensed and unbiased appraiser, this estimation of value serves to protect the interests of buyers and lenders. Buyers don’t want to pay more than a home is worth and lenders want to ensure that the collateral justifies […]

How Fast Should My Home Sell?

One of the most common questions that luxury home sellers ask is “How fast should my home sell?” Beyond the price and condition of your home, how fast your home will sell depends on market conditions—specifically absorption rate and days on market. Understanding these indicators will give you an idea of how much activity to […]

Luxury Real Estate Talk Podcast: Episode 17

2020 is an election year, which means buyers and sellers alike will have concerns about election results and their effect on the economy. In this episode, I talk to Michael LaFido—top-producing Realtor, author, and founder of Marketing Luxury Group— about how you can best prepare for selling amongst the uncertainty. We also discuss how to […]

Tax-Free Profits on Home Sales

Nobody likes to miss out on tax-free money, but plenty of homeowners are unaware that they could be eligible for up to $500,000 in tax-free profits when selling their home. Even though Congress instituted the largest tax law changes since 1986 with the “Tax Cuts and Jobs Act” on December 22, 2017, we still have […]

The Secret Recipe To Sell Your Home For Top Dollar

Sellers of luxury homes expect and deserve to get the highest price and most favorable terms that the market can deliver. In order to accomplish this goal, it’s important to understand the emotional factors that affect buyers. Our multiple decades of experience in selling high-end residences have proven that when you’re selling a luxury home, […]

June Guard Gated Real Estate Market Trends for Las Vegas, Nevada

The June stats are in and the market is definitely softening. With inventory on the rise and sales on the decline, expect to see the market get more competitive. There are still sales, so to make sure that you have the best chance of selling take a serious look at your house first. With homes […]

Beware of Property Managers That Want to Sell Your Home

If you own one or more homes currently occupied by tenants, chances are you have a property manager assisting you with the ins and outs of leasing. No doubt, a professional property manager is a good person to have as your advocate in situations like this because they understand the nuances of leasing. However, when […]

Real Estate Market Update – May 2019

The Las Vegas luxury real estate market trends over the last year indicate that the market will become more competitive moving forward. Active listings in April were up 7.5% over March, while closed sales were down 7% month-over-month. This trend marks an increase in supply and a decrease in demand. With inventory increasing and closed […]

Is Going Solar Right for You?

Everyone wants to do their duty to help the environment, but it can be difficult to know where to start. Setting up a solar array is quite a commitment and it can come with some hefty costs up front. There’s a lot of hype surrounding new technology from companies like Tesla, and solar providers are […]

The Truth About Zillow’s Zestimates

This short article explores the dangers of home sellers relying on Zillow’s estimates (aka Zestimates) when pricing a home. Home sellers tend to hurt themselves when they assume their home is worth a certain amount just because “Zillow said so,” and here’s why… The truth is that Zestimates are usually inflated. Using inflated sales price […]

How to Sell a Dated Property

New construction can be stiff competition for resale homes. Here in Las Vegas, even homes built in 2007 are coming across as dated now. This is especially true when you compare them to the brand new, modern homes that are currently getting a premium price per square foot. If your home is new or has […]

3 Tips for Winning a Bidding War

In hot markets like Las Vegas, it’s not uncommon to see bidding wars erupt over a home. Getting multiple offers is a boon to sellers, but competing with these offers can be a major headache for interested buyers. There’s nothing worse than spending months finding the perfect home, only to lose it because your offer […]

Event Marketing for Luxury Real Estate – A Case Study

When selling luxury real estate, the biggest challenge is that luxury home buyers rarely have a lot of urgency. Many of these buyers lead busy lives and live in beautiful homes already, so they tend to take their time—especially if they’re not relocating from another state. Even if they feel the need to upgrade to […]

Luxury Real Estate Talk Podcast: Episode 16

New construction can be stiff competition for resale homes. In this insightful interview with luxury real estate experts Jared Barnett and Augusto Bittencourt—the dynamic duo behind The Barnett-Bittencourt Team in New York City—discover creative solutions to deal with buyers’ #1 complaint: “It needs too much work.” In this episode, we also discuss actionable advice for […]

Las Vegas Luxury Home Sales for 2018 Q3

Year over year the 4th quarter is usually stronger for guard gated sales than the summer’s 3rd quarter. The 4th quarter in 2017, with 215 guard gated sales, was actually stronger than the 3rd quarter in 2017, with 207 guard gated sales. So it’s possible that we might see a bump in the guard gated […]

The 3 Fundamentals Behind a Home Sale

People love shiny, new things, especially in the luxury market: new cars, new clothes, and new homes. Within reason, your home should look, feel, and smell as new as possible. Whether that means getting new carpet, new paint, making repairs, or hiring a stager, it’s essential to show your home in its best light Time […]

PSA for Home Sellers – Utilities & Escrow

Rob Jensen here with a public service announcement for all of you home sellers out there. There will come a time when your home is in contract, and you have an upcoming close of escrow date. This is the date when your property records, and it’s no longer yours. At that point, you’ll need to […]