Can’t Sell Your Las Vegas Home? Rent It
Have you been trying to sell your Las Vegas Home and just can’t seem to get an offer or at least an offer that is close to what you are asking? Is your home listed with a Las Vegas Real Estate Agent? Are you wondering if your real estate agent is doing everything they can to get your home sold? Well, they probably are doing everything they can!
If you are not behind in any payments and actually have equity, you probably can’t offer your home at a price that can compare to bank owned and shortsales in your neighbourhood. According to Scott Nelson with Stewart Title of Las Vegas, over 95% of the homes in escrow are bank owned or shortsales. That tells you that unless you can price your home comparable to Las Vegas Bank Owned homes, you will have a very hard time selling your home.
So what do you do? Rent your Las Vegas Home! Rental prices are rising and you have a better chance of renting your home than selling it! So if you can afford to wait until the market becomes a little more favourable to sellers, rent your Las Vegas Home.