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

4552 AMBERLEY RIDGE Avenue, North Las Vegas, Nevada 89115

4Bedroom(s)
2Bathroom(s)
1Picture(s)
2,288Sqft
Beautiful new 2 story home in North Las Vegas. This home has tons of upgrades. The kitchen boasts java cabinets, oversized island, and granite countertops. Tile flooring all downstairs, and two tone paint. Home also features an additional bedroom downstairs. All rooms have walk in closets.
$318,054

Single Family Residential For Sale

307 CADENCE VISTA Drive, Henderson, Nevada 89015

3Bedroom(s)
2Bathroom(s)
4Picture(s)
1,813Sqft
Single-story, approximately 1,813sf, 3 bedrooms, 2 full baths, 2-bay garage and 9’ ceilings. Featured kitchen upgrades including creamy white granite kitchen counter tops, recessed panel hardwood dark umber stained cabinetry with crown molding and stainless pullout Moen faucet.
$348,065

Single Family Residential For Sale

11854 ALBISSOLA Avenue, Las Vegas, Nevada 89138

3Bedroom(s)
2Bathroom(s)
8Picture(s)
2,092Sqft
Brand new, very open concept-single story home located in the Paseos of Summerlin. Built for entertaining and living life! Custom Linen cabinetry w Chocolate quartz counter tops, glass back splash, walk-in pantry w/gourmet stainless appliances. Multiple window-walls and 2 outdoor entertaining areas 1 with a fireplace for those cold winter days.Custom tile shower and tub surrounds.
$580,000

Single Family Residential For Sale

1521 TREEFINGERS Avenue, North Las Vegas, Nevada 89081

3Bedroom(s)
2Bathroom(s)
25Picture(s)
1,939Sqft
This gorgeous Richmond American home features a center-meet sliding door at great room, French doors at master bedroom, 9' ceilings w/8' doors throughtout, extended covered patio, upgraded stainless-steel appliances w/hood, Gourmet Thermofoil white cabinets w/soft-close features; quartz kitchen countertops w/tile backsplash, additional ceiling fan prewires, lighting, and outlets; garage door opene
$368,950

Single Family Residential For Sale

4210 ENCHANTING SKY Avenue, North Las Vegas, Nevada 89081

4Bedroom(s)
2Bathroom(s)
1Picture(s)
2,605Sqft
This Richmond American Designer Home features an Elements stainless-steel applaiance pkg.
$349,950

Single Family Residential For Sale

4319 HARRISTOWN Drive, Las Vegas, Nevada 89115

3Bedroom(s)
2Bathroom(s)
5Picture(s)
2,178Sqft
Space and storage abound in the 3-bedroom Baker plan from LGI Homes. This two-story home provides a true retreat for the largest of families, showcasing a spacious great room perfect for entertaining. Homeowners will love the private master suite with its large bathroom and impressive walk-in closet.
$244,900

Single Family Residential For Sale

12897 SLIPKNOT Street, Las Vegas, Nevada 89141

3Bedroom(s)
2Bathroom(s)
1Picture(s)
1,971Sqft
Brand New Home in Southern highlands. Located on a corner of a cul-de-sac! Great Open plan with great natural lighting with two expansive sliders leading out to the upgraded super patio. Home has a modern stainless rail leading upstairs to the loft area.Upgraded wood-like tile throughout downstairs and all wet areas. Quartz counters & island w/back splash.
$403,207

Single Family Residential For Sale

7417 NANTUCKET BAY Avenue, Las Vegas, Nevada 89179

4Bedroom(s)
2Bathroom(s)
15Picture(s)
2,925Sqft
Brand New construction in Mountain's Edge. Great community with amenities. Unique three story home - spacious bonus room on third floor. Lives like a two story with extra space.
$399,900

Single Family Residential For Sale

3985 STATUARY Street, Las Vegas, Nevada 89141

4Bedroom(s)
3Bathroom(s)
3,593Sqft
This Award Winning floor-plan has all the best features! 4 bedrooms with the master bedroom downstairs, 3.5 baths, a formal dining room, a study downstairs and a bonus room upstairs plus a covered Balcony off bedroom 2 and a 3-car garage! Amazing finishes throughout home.
$690,581

Single Family Residential For Sale

1001 BENTON Avenue, Henderson, Nevada 89001

3Bedroom(s)
2Bathroom(s)
2Picture(s)
2,100Sqft
New and spacious one story home available for a November move-in at the brand new community Belmont Park! Offering premium gray cabinets, white quartz countertops, spa inspired master bathroom. This incredible home has a beautiful open concept kitchen and living room that is perfect for entertaining.
$377,728

Single Family Residential For Sale

1813 ARIA LIGHTS Avenue, North Las Vegas, Nevada 89081

3Bedroom(s)
2Bathroom(s)
16Picture(s)
1,763Sqft
Beautiful NEW 2 story home in North Las Vegas. This home features 3 bedrooms, and a large loft! Open floor plan downstairs with carpet and tile. Master bedroom is located downstairs with large bathroom including separate shower and tub, and double sinks.
$296,490

Single Family Residential For Sale

2336 STOCKTON Avenue, Las Vegas, Nevada 89104

4Bedroom(s)
1Bathroom(s)
39Picture(s)
1,775Sqft
Brand New Home w/ Modern Finishes. Home boasts laminate wood flooring. Kitchen features grey granite, white shaker cabinets, brushed nickel fixtures, new stainless steel appliances w/ built-in microwave, and pendants over kitchen island. Additional features included: covered patio, picture framed mirrors, granite bathroom counters, garage door opener.
$325,000
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Las Vegas new homes for sale buying guide was last modified: September 25th, 2019 by masouds