No More Offers!! Cash Only! on a Las Vegas Homes, WOW!

Real Estate Agent with HomeSmart Encore - Las Vegas

No More Offers!! Cash Only!!  


Side note for sellers and agents: (I hope the listing agent got those words in writing from the sellers)


These are some terms that agents are putting in the listings for sale here in the Las Vegas area and buyers must be prepared to hear this from their agent, especially when looking at homes under $200,000.  


It is the Sellers choice to accept Cash only, so, many buyers that are qualifed buyers that will be financing their home purchase, are left out to dry so to speak and not in the running for many homes due to this seller's choice to accept cash only.


With rising Las Vegas home prices and still many cash buyers in the marketplace, it has become almost common place over the past 2 months to see listings that say:  "only accepting CASH Offers, CASH only"


Rising prices and higher interest rates may also push a buyer into a lower price bracket and possible into another 2nd to 3rd or 4th choice of neighborhoods that the "ideal" one they wanted.


Buyers must have patience and perserverence and hang in their to find their home in this market.


Another option many buyers may want to turn to is new homes, but the prices are rising fast on them as well and many times you will have the build out wait.  


If you want to buy a new home REMEMBER to WAIT and get your agent to show take you to the builders sites otherwise your agent won't be allowed to represent you on the deal - this is the builder's terms.  

No More Offers!! Cash Only! on a Las Vegas Homes, WOW,las vegas home buying,las vegas real estate,las vegas home buyers tips,sellers tips

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SELLERS:   We are here to help Las Vegas Homeowners sell your Las Vegas home – regular equity sale or short sale if you have no equity and are going thru a hardship, want to know more……Just CALL!!! (702) 812-4550. We offer over the phone free consultation.
BUYERS:   Call to let me know what location you would like, price range and email me your pre-approval letter or proof of cash and we will get you started on finding you that home in your best location!

By:  Dawn Barrier


Posted by

Dawn Barrier at HOMESMART ENCORE Las Vegas, Nevada   


(702) 812-4550 


Las Vegas, Nevada   

January 2020





















Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

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HOMESMART ENCORE Las Vegas Dawn Barrier

(702) 812-4550


Comments (1)

Merline D Pennant - New homes, Short Sales and Pre-foreclosures
Regal Realty of the Treasure Coast LLC - Port St Lucie, FL
New City, New Towns, New homes

That is a pety tough market.  We have the same issue here in Florida.  They are nt writting it on the listings but these offers are bein prefferred to finance deals leaving many first time home buyers out in the cold.

Sep 03, 2013 10:35 AM