HomeBuyer's Agents in Las Vegas

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There are three types of real estate agents involved in the sale of a Las Vegas home:

Buyers Agents work for the home buyer - the Buyer's Agent is paid by the
seller, typically 50% of the commission the seller pays in the transaction
Listing Agents list homes for sale. Their name is usually on the "For Sale"
sign on the home. The Listing Agent is paid by the seller and works to represent
the home seller's interests in all transactions.
New Home Agents work for the home builder and typically work at the model
home for the development. By law they can sell only the builder's homes.

Many people who are moving to Las Vegas have found it helpful in their "long distance search" for a home to have a Buyer's Agent assist them. The Buyer's Agent will first consult with you to determine the type of lifestyle you are looking for and the size, price, and amenities you are looking for in a home. Based on his knowledge of the Las Vegas Valley communities, he will suggest various appropriate communities. He may even pick you up at the airport and show you homes that meet your criteria! You can search for available homes yourself with the Free MLS SearchFree Las Vegas Real Estate MLS Search before you select a Buyer's Agent or your Buyer's Agent will do the search for available Las Vegas properties that meet your criteria for you.

Both the Free MLS SearchFree Las Vegas Real Estate MLS Search and the Buyer's Agent will give you addresses to properties so you can view them yourself to get a feel for the various neighborhoods, if that is your choice.

After you have narrowed down your search to one or more homes, the Buyer's Agent will work to 1) get you the best price, and 2) verify the condition of the home.

Your Las Vegas Buyer's Agent will usually suggest that you get an independent Home Inspection. These are usually conducted by a certified building inspector. The Home Inspector will examine the heating and air conditioning system, attic, plumbing, roof, exterior, electrical, and appliances.

Many elements in the homebuyer's Offer to Purchase are negotiable:

Is the seller willing to provide a home warranty?
Who is going to pay for the appraisal?
Are the drapes and appliances included?
When can you take possession of the home?
After discussion on the variables in the Offer to Purchase with the homebuyer, the Buyer's Agent will meet with the sellers and the Listing Agent to present the offer. This is where the Buyer's Agent works to obtain the best terms possible for the buyer.

The Buyer's Agent will have done his homework to determine how motivated the seller is. A seller who has already purchased another home or who has received a job transfer may be more open to accepting a lower price. The listing price is what the seller would like to receive for his Las Vegas home, but not necessarily what he will settle for.

Before making an offer, the Buyer's Agent will check the recent sales prices of comparable homes in the neighborhood (CMA or Comparative Market Analysis) to see how the seller's asking price compares.

When the buyer's offer is accepted, all the paperwork is passed to an escrow/title company for the closing.

If you have further questions about the home buying process, please contact us. Also, to begin your search for a Las Vegas home without first talking to a real estate agent, use the Free MLS SearchFree Las Vegas Real Estate MLS Search to view available properties that meet your criteria.