Las Vegas new homes for sale buying guide

Builder’s asking price for Las Vegas new homes for sale is not written in stone

More than 60% of Greater Las Vegas new homes for sale buyers buy a new house without any help from Realtors, which comes at no cost to them.

They are programmed to think that buying a new house is like buying a new car from a dealership while they are entering one of the most complicated real estate deals totally blind. They think that the builder’s asking price is written in stone and that the builder actually builds the house per contract specifications. They are wrong in both cases which we discuss in did the builder build the right house?

In order to get a good Las Vegas new home deal the buyer should take certain steps which we provide an overview for in this video:

1: Using the Las Vegas MLS to search for new homes listings

2: Visiting the new home builder’s project

3: Making offers on Las Vegas new homes for sale

Video:

Video Transcript

Las Vegas new homes for sale buying guide

Success in buying Las Vegas new homes for sale doesn’t happen by accident

Greater Las Vegas new homes for sale buyers should be educated about the process of buying a new house in order to take advantage of good deals and more importantly avoid deadly mistakes that they may not even be aware of which we have discussed in a separate video did the Las Vegas new home builder build the right home?

We have also explained the large median sales price gap between new homes and similar pre-owned homes.

In this video we will discuss searching the MLS for Greater Las Vegas new homes for sale listings, visiting the builder’s office and making an offer on new houses.

Driving around and visiting builder’s projects, looking at new model homes and after picking one, having the builder’s sales staff write the purchase contract is the wrong way to go about getting a good deal.

The builder’s sales staff job is to protect and serve the builder, not the buyer. However, this is exactly what more than 60% of new home buyers do. They chose to forgo bargaining with the builder and even if they did, they lack the data to do so.

Let’s talk about using the Las Vegas MLS to search for new homes listings

To search for new houses please click the MLS advanced search. Under the search button you will find Built Description, click it and you will find new homes searches.

There are two other sub-categories, to be built means that the buyer picks a lot and orders a new home from scratch. Under construction means that another buyer has ordered the home, but had to drop out. These homes are sold at a significant discount. Buyers may have the choice of flooring or some upgrades.

Discount gained through buying these inventory homes turns into instant equity for buyers who buy the builder’s inventory homes. Use control-click to check more than one status.

In the new homes MLS you can find the listings, however, it doesn’t show the latest builder incentives or the all-important sold comps for these homes.

We have access to the above information which in turn we will provide to our clients. If you are serious about buying a new home, contact us.

Unfortunately, not all builders list their listings in the MLS. If you can’t you’re your desired house in the MLS please let us know and we will e-mail you listings from other sources.

Let’s talk about the visit to the new home builder’s project

The reason new home builders have a sales office on premises is that they want to meet the buyers on their own turf and their sales staff are trained to look out for the builder’s interest and not the buyer’s.

If you visit the builder’s office and register with them without prior registration by your Realtor or without a Realtor accompanying you, then the builder will not allow your Realtor to represent you in the transaction.

New home builders are forbidden by law to give a discount due to lack of Realtor participation, so doing so does not cost you any less and in fact, could end up costing you more.

Another issue is that new home builder’s model homes are built on the best lots, have tens of thousands of dollars in upgrades and do not resemble an average home. We always ask the sales staff to take our clients to see the less upgraded homes being currently built so they can see a realistic comparable house before they want to make an offer on a new home.

Let’s discuss making offers on Las Vegas new homes for sale

Keep in mind that there is no difference between making an offer on a resale home and new house. In both cases, the purchase price should be based on comparable sales that have sold in recent months while adjusting prices based on the market conditions. In both cases, the buyer should be able to bargain with the seller if the market allows it, even though some think the builder’s asking price is written in stone.

We have access to sold data for new houses in Las Vegas, Henderson and North Las Vegas which we provide to our clients. This along with the thorough understanding of the real estate market conditions and trends will enable us to bargain intelligently and achieve a good deal for the buyer.

Lastly, many Las Vegas new homes for sale communities are being built in areas that could be significantly influenced by the nearby commercial real estate construction. For example, the recent completion of Downtown Summerlin project has helped sales and home appreciation in the area. We know what is going on in the commercial real estate market and will advise our clients accordingly.

Like we said a great deal doesn’t happen by accident, Masoud is widely known as an authority on the Las Vegas real estate market and loves to bargain so we will make sure that you don’t overpay the builder.

If you are doing research, we have provided you with all the needed tools to conduct it, but if you want to buy in the immediate future, contact us and we will set you on the right course to success. You will be in good hands, guaranteed.

If you want to buy or invest in Las Vegas new homes or condos please call us at 800-762-4917.

Please like and share and subscribe to our real estate channel for upcoming videos

On behalf of The Saber Team, this is Karen Saberzadeh of Realty One Group and www.lasvegas4us.com wishing you a great day.

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Single Family Residential For Sale

5880 Noah Springs Court, Las Vegas, Nevada 89149

3Bedroom(s)
2Bathroom(s)
40Picture(s)
3,130Sqft
NEW Liberty Home w/52' RV garage(A/C, full hook-up) over 5190sqft under roof! Half-acre in gated community w/NO HOA. Great NW location near 215. Open plan w/10' ceilings, crown molding & 8' doors. Stone accent wall & floating shelves in Great Room w/62" linear gas fireplace & 3 panel glass door.
$1,265,555

Single Family Residential For Sale

8358 Vinamala Avenue, Las Vegas, Nevada 89149

3Bedroom(s)
3Bathroom(s)
39Picture(s)
1,852Sqft
VERY HIGH DEMAND AREA. Gorgeous SINGLE-STORY Gated Property “Energy Star Plus Rated” Home (Newly Constructed with 10 year KB Home Warranty also KB Home Bumper to Bumper Warranty till 3rd March 2022). Offering Great Curb Appeal Loaded with UPGRADES, Low Maintenance Front Yard, 2 Car Garage + 3rd Car or Maybe RV Parking at Side.
$475,000

For Sale

234 Seven Valleys Court, Las Vegas, Nevada 89183

4Bedroom(s)
3Bathroom(s)
30Picture(s)
2,066Sqft
New Construction-Taylor Morrison. Beautiful 2,066 SqFt, 4 bedroom, 3 bathrooms, 2 car garage. Hand selected luxury designer finishes. Beautiful White cabinets and Silestone-Noka quartz countertops.
$536,393

For Sale

5526 Stormy Night Court, Las Vegas, Nevada 89120

4Bedroom(s)
3Bathroom(s)
1Picture(s)
2,445Sqft
YOU WILL NOT WANT TO MISS THIS SEMI-CUSTOM HOME LOCATED JUST MINUTES FROM GREEN VALLEY, THE AIRPORT AND THE LAS VEGAS STRIP! ALMOST IMPOSSIBLE TO FIND A HOME OF THIS QUALITY AT THIS PER SQ FT PRICE! THIS SINGLE STORY CONTEMPORARY HOME FEATURES 2445 SQFT OF LIVING SPACE, 4 BEDROOMS, 4 BATHS, 3 CAR GARAGE, OPEN FLOOR PLAN PERFECT FOR ENTERTAINING, 2 MASTER BEDROOMS, UPGRADED TRIM, UPGRADED VINYL FLO
$629,900

For Sale

5534 Stormy Night Court, Las Vegas, Nevada 89120

4Bedroom(s)
3Bathroom(s)
1Picture(s)
2,403Sqft
YOU WILL NOT WANT TO MISS THIS SEMI-CUSTOM HOME LOCATED JUST MINUTES FROM GREEN VALLEY, THE AIRPORT AND THE LAS VEGAS STRIP! ALMOST IMPOSSIBLE TO FIND A HOME OF THIS QUALITY AT THIS PER SQ FT PRICE! THIS SINGLE STORY CONTEMPORARY HOME FEATURES 2500 SQFT OF LIVING SPACE, 4 BEDROOMS, 4 BATHS, 3 CAR GARAGE, OPEN FLOOR PLAN PERFECT FOR ENTERTAINING, 2 MASTER BEDROOMS, UPGRADED TRIM, UPGRADED VINYL FLO
$639,900

For Sale

5533 Stormy Night Court, Las Vegas, Nevada 89120

4Bedroom(s)
3Bathroom(s)
1Picture(s)
3,171Sqft
YOU WILL NOT WANT TO MISS THIS SEMI-CUSTOM HOME LOCATED JUST MINUTES FROM GREEN VALLEY, THE AIRPORT AND THE LAS VEGAS STRIP! ALMOST IMPOSSIBLE TO FIND A HOME OF THIS QUALITY AT THIS PER SQ FT PRICE! THIS TWO STORY CONTEMPORARY HOME FEATURES 3200 SQFT OF LIVING SPACE, 4 BEDROOMS, 4 BATHS, 3 CAR GARAGE, OPEN FLOOR PLAN PERFECT FOR ENTERTAINING, 2 MASTER BEDROOMS (ONE UP & ONE DOWN), UPGRADED TRI
$692,900

For Sale

6940 Stargazer Ridge Court, Las Vegas, Nevada 89118

4Bedroom(s)
1Bathroom(s)
27Picture(s)
4,822Sqft
Jewel Homes proudly presents this incredible residence with an interior design & construction platformrnelevated to new heights. World renown photographer Peter Lik has painstakingly obsessed over everyrnminute detail to create this stunning home, utilizing materials & techniques from the far corners of thernglobe.
$3,999,000

Single Family Residential For Sale

625 Cultures Street, Henderson, Nevada 89011

4Bedroom(s)
3Bathroom(s)
1Picture(s)
2,511Sqft
Popular Liberty floor plan with a full bedroom and bathroom downstairs, upgraded cabinets and wood-look tile thru out the first floor. Covered patio. Open Concept home has a nice sized bedroom and full bath on the first floor! The master bedroom is separate from the other 2 upstairs bedrooms.
$404,990

Single Family Residential For Sale

12645 Dolan Point Street, Las Vegas, Nevada 89138

3Bedroom(s)
2Bathroom(s)
1Picture(s)
1,931Sqft
Brand New Single story in Summerlin, Beautiful Home backs to open area with view fencing. Spa like large Walk In shower at Master, Great entertaining in Gourmet kitchen with super island, Great space in the backyard with a pool-sized lot. Surrounded by one story homes.
$646,790
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