Submit Your HIGHEST & BEST on Initial Offer!
Due to the shrinking inventory of available, good, move in ready homes in the Las Vegas area, this is something that home buyers in Las Vegas are going to hear a lot right now from their buyer's agent (even if they don't want to hear it).
It doesn't matter if it is a Las Vegas Short Sale, foreclosure or traditional sale this is something that we are seeing put in the mls listings, and right now it is good advice if you want to have a chance at getting the home you just fell in love with.
Another reason for this is due to mortgage rates dropping below 4%. Many feel this is just a temporary drop only to last a very short time, so buyers are rushing out to get their financing in place and get PRE-APPROVED to buy and lock in that low rate, and it is the first step you need to take if you think you want to buy a home. See....Tips To Buying A Las Vegas Home ~ Las Vegas Real Estate Agent Tips by Dawn Barrier
I know it is something buyers may not be ready to hear as they could be thinking about the "old days" in Las Vegas (old days= 60 days ago) when you put in an offer just below asking price and it may have been accepted or countered up just a bit.
Well, the fact is our market, "RIGHT NOW" = Low Inventory = "MULTIPLE OFFERS" = Put in your "Highest and Best".
Your highest and best may still not win you the first home you want, so you must be patient and keep looking and "jump off the fence, so to speak" and get your offers in quickly on your next choice.