Andrew English's (lasvegasmlslisting) Blog

To update a previous post, the trend of seeing multiple offers on lender owned properties that are listed in the MLS is continuing. Listing agents are gathering 5 and sometimes up to 10 offers on each property. Of the 10 offers we have written over the past 2 weeks, we have only received 2 respon...

With lenders placing properties each day on the MLS, is there really any advantage to a buyer in purchasing a foreclosure listed through the MLS system? By placing the property on the MLS, the lenders are serving notice to everyone that the property is available. As a result, most foreclosures th...

It will be interesting to see what happens in Las Vegas in the upcoming 12 months. Most brokers who follow the market closely are noticing a trend of recent weeks. That being, offers are way up in Las Vegas compared to 6 months ago. (especially on MLS listed foreclosures) Many foreclosure brokers...

Over the course of the past week we attempted to submit approximately 6 offers on Las Vegas Foreclosures through the Las Vegas MLS. Here is what happened: 4 Listing Agents refused to submit the offers to the lender unless the buyer was pre-qualified through the lenders preferred loan officer. 2 L...

Some of the highlights of a recent Las Vegas Review Journal article: Devin Reiss, president of GLVAR, says inventory is already flattening (total inventory down to about 22,000 in December 2007 from about 24,500 in November 2007). People will unrealistic expectations who are just testing the mark...

As a Las Vegas seller, you do have a choice. Congress Realty has been offering Las Vegas Flat Fee MLS Listings for over 5 years. All property owners should know that they do have a choice. Congress Realty offers clients an array of services to choose from to fit their individual needs. Why Pay 6%...