Showed 10 homes today in Las Vegas with intention to write offers for 2 clients. My record has been in this multiple offer market (seller's market) it takes 8 offers submitted to have 1 accepted. Verbal acceptance does not count. One of my clients submitted an offer with a verbal acceptance from Listing Agent. Waited for written contract signed by seller before scheduling inspection. This is a must or otherwise my buyer will be out of pocket $300 for the home inspection they didn't need. Listing Agent accepted a cash offer instead of our conventional loan. Three days later, cash buyer canceled and walked way. My buyer now has an acceptance on the home in Las Vegas. In this market patience is a key attribute to be successful. Many homes selling in Las Vegas will fall out of escrow and be back on the market. Buyers ae buying one house thus keeping trying. Hard work and persistence will trump experience and talent!

Advice of the day: Keep a list of MLS numbers of all homes where we submit offers. Check on these homes every 3 or 4 days. Any properties in contingent status may be back to active status for us to resubmit offers. Be proactive and not trust the other agent will call us back even if they say they will.