realtor

Family is the best, isn’t it? People you’ve known all your life that you can trust and rely on, especially when the going gets tough. (Well, in some families, anyway.) If you have a good one, then you know there’s a lot of love and caring between all the generations, and the ties between you are strong, indeed.

But when we hear a statement like that in the headline of this article, we can’t help but cringe.

And it’s not necessarily because such REALTOR®/Client relationships turn out badly (which they can). It’s more a matter of even if they turn out well (which they can, too!), it most likely could have been an even better result by working with an experienced and reputable REALTOR® – that the client wasn’t related to.

Why do we say that? Feelings. (And we’re not talking about the song.)

It’s one thing if a straight business deal runs into a snag. You can simply walk away afterward, and life goes on. But if you’re doing business with a family member who isn’t providing the service you’re expecting, what do you do? Sometimes, deals like these go badly because no one wants to hurt a family member’s feelings, so they end up lowering their standards to avoid a tough conversation. And (heaven forbid) – if you do end up having to fire them, that can turn into a family drama that could sever more than one familial relationship.

However, even if all is going well, problems can still exist just below the surface. One party may be anxious about asking certain questions (will they think you’re doubting their expertise?) – or making an important request (well, they’re family and they’re in the business, so they must know what’s best for my situation, right?). Even if your home sale or purchase gets completed – one can always wonder: If I had asked those questions, could I have gotten an even better deal? (That’s the kind of ‘wondering’ that can stew below the surface for months – and could still affect the family relationship later on.)

It’s a dilemma, that’s for sure. We’re not saying that just because you’re related to a REALTOR®, that you shouldn’t hire them to represent you. What we are saying is before you do, make sure that person has certain professional qualities that you need and deserve – because after all, we’re talking about a substantial financial investment. And if being a family member is in addition to those qualities – then you could have a winner!

What are the qualities that should come first on your list?

1. They’re a Top Performer in their field – with the experience and drive needed to find you the right home.
2. Their expertise is in line with the kind of help you’re seeking.
3. Providing timely and exceptional service is one of their top priorities.
4. You’re comfortable asking questions, expressing your opinions, and stating your expectations to them.
5. No pressure – they understand the final decisions are up to you.
6. Their goal is to give you all the information you need to make those decisions.
7. If you weren’t happy with them, you know you could fire them without life-altering consequences.

If #8 also happens to be “They’re actually part of the family” – then, hey – problem solved!

But if they don’t measure up to the first 7 traits on the list, we recommend taking a graceful “pass” on their offer. Let them know that you prefer to keep family as family, and business as business . Then take steps to find the right REALTOR® to help you get the best results possible on your real estate transaction. (One more tip: If you decide not to work with family, don’t add insult to injury by asking them for ‘free advice’ during the process. That might make them a bit cranky at the next family gathering!)

Searching for assistance in buying or selling your home? The team at New Home Resource can help you with that. We invite you to call and “interview” us to see if we might be the best fit for your needs.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, Kathy Paterniti and Heidi Colón are all here to help!

Vegas Golden Knights

If you’re any kind of sports fan – or even if you’re not – there’s no denying that having not one, but two professional sports leagues coming to Las Vegas is a Very Big Deal. (How about those Vegas Golden Knights? We know people who’ve made hockey their #1 favorite sport since they arrived!)

That excitement isn’t only for the fans, either. With professional organizations like this, there are new people moving to town – working for the league, servicing the influx of visitors, providing the new commerce that surrounds a major addition like this to a city. And with Raiders Stadium under way, that level of energy is only going to keep growing.

The addition of these national sports teams is only one of the reasons that Las Vegas is seeing growth continue – along with new resorts underway, convention and new business expansions, the available job market, and much more. But it raises an important question that (admittedly probably) isn’t the very first thing people ask themselves when they prepare to move:

“How important is the right REALTOR® when looking for a home in a new city?”

The truth is, that’s one question that should be very near the top of the list – because a reputable and experienced REALTOR® is someone who can help you with several of multiple decisions you’ll confront with a big change of location. “Which part of town should I choose? How to determine the best schools, traffic, shopping, and recreation spots? Where is the best resale? Low crime statistics?” – and so much more. Your REALTOR® should be able to help you clarify your needs and wants, provide information to help you make informed decisions to meet them, and work for you to find exactly the right property at the right price for you and your family.

We’ve written articles about why the right REALTOR® matters so much (see “How to Know You’re Hiring the Right REALTOR®” and “What Do You Mean It Sold Already?”) – which discuss what to look for, and how the right one can be so instrumental in helping you get the home you want. (Great reading, and gives you things to think about!)

But the basic facts you should know about your REALTOR® are simple and irrefutable:

• How long have they been working in real estate?
• What is their experience in this city? (which parts of town do they know best?)
• What is their average number of clients at a time? (will they have time for you?)
• Are they part of a team? (can they provide timely support during your search?)
• What is their reputation in the industry? (can they give you references to contact?)

The most important thing about choosing the right REALTOR® is this: Start by doing your own research. And one of the easiest things you can do is simply pick up the phone. There’s a lot to be said for a company’s culture in how they treat every customer (especially the “potential” ones). At New Home Resource, our team is among the most experienced, helpful, and friendliest in the city. We’ll be happy to prove it – just give us a call! 702.365.1000.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, Kathy Paterniti and Heidi Colón are all here to help!

You’ve listed your home for sale, it’s been weeks, and not only do you not have any offers to buy yet – you haven’t even had anyone come to see it. What’s going on, you ask?

Actually, that’s not an uncommon situation. There could be a number of reasons for it – such as:

• Reason #1: You’ve decided to do a FSBO (For Sale By Owner) – without using a REALTOR®

o Problem with that: No exposure to potential buyers. People don’t know about your home.

• Reason #2: You listed it with a “discount agent.” You’re paying a low fee (1% or similar) for an MLS listing.

o Problem with that: That agent isn’t advising you properly on how to show your home to its maximum advantage, nor are they promoting or marketing your home. Your listing is not getting any attention in a crowded seller’s market.

• Reason #3: The REALTOR® you chose may not be as experienced as you thought.

o Problem with that: Perhaps your listing photos are sub-standard (since most people begin their home shopping online, photo quality and home appearance is critical!); they aren’t familiar with your area – so perhaps you’re priced too high or too low, which can make buyers wary (think about how pricing affects your impressions when you shop in a department store…it’s the same thing).

The truth is, there might be several reasons that your home hasn’t sold – and they may have nothing to do with your home itself, and everything to do with the prevailing market, or interest rates, or something else that’s not personal to your home.

BUT . . . there are occasions when it actually may be your home – or the things in your home – that could be affecting your ability to sell. The right REALTOR® will tell you about these things up front, because they know from experience how to help you put your home’s best face forward and gain leverage on all the best traits your property has to offer.

However, not all agents know, or are comfortable telling their clients, uncomfortable facts. (After all, no one likes to give bad news, right?) So just in case, we’d like to share a list of things you should consider regarding your home to see if they might be a turn-off for buyers – and might be keeping them from seeing all the potential your home might hold for them!

1. Live Animals. Now, we’re not saying that a home shouldn’t have animals. But what we are saying is that they should be contained (or out of the home) whenever someone plans to view your home, and that any odors or mess associated with them should be eliminated. We know it’s not always easy to do – but when a home is for sale, it requires extra attentiveness during this time.

2. Dead Animals. Okay – we know this is going into the ‘politically correct’ arena – and we certainly don’t mean to offend anyone. However, the truth is, you’re trying to sell your home, not your taste in décor. If taking down the animal trophies from the wall or other such items will help you do that, then all the better. Don’t risk alienating a buyer – and leaving a negative impression – because they may not agree with your opinion on this topic. The fact is, they have many homes to view and choose from . . . but you have only one to sell. Make it as easy on yourself as possible. Pack these items early (saves you time later, anyway!).

3. Political Paraphernalia. These days, it is so easy to offend – even our own family and friends, as we all know. And since we’re talking about your financial well being in getting the best possible return on the sale of your home, this is one thing that we strongly recommend putting aside when showing your home. Flags, signs, and the like can also leave a bad impression – and as we all know, you don’t get a second chance to make a good first impression.

4. Drugs. We seriously never expected to have to state this one out loud, but now with the legalization of marijuana in our state, coupled with the fact that we have so many people move to Nevada from other states, it’s one of those things that can color a buyer’s impression. The presence – whether seen or smelled – can make an impression on visitors that might not be in your best interest of making a sale.

Certainly the four items mentioned above don’t cover all the possibilities – after all, we are all individuals with our own tastes! But to make sure that your home, which is, of course, perfectly normal and acceptable to you and your lifestyle, will show as well as possible to a potential new owner (so that you can get on with things as quickly as possible) – be sure to work with an experienced REALTOR® who can help answer those questions for you – honestly, accurately, and in your best interests.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource REALTOR® is here to provide the service you’re looking for. Please contact a New Home Resource REALTOR® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, and Kathy Paterniti are all here to help!

fall wardrobe

Here in Las Vegas – where the weather is awesome for most of the year (except for those annoying few days of summer) – we get used to the eye-rolls when we talk about the weather turning cooler. We know we’re not going out to shovel snow for the next 3 months, or keeping an eye out for nor’easters to make sure our storm doors are up in time.

But the change of seasons does happen here!!  And in a totally awesome and enjoyable way. That’s why when it does, we like to make some seasonal changes in our home environment, too.

Even though it might not be  -10° outside, we still want to put away the shorts and tank tops so we can finally pull out the comfy sweaters and jeans. (We don’t get to wear them often, you know.) Not to mention, with all of the autumn and winter outdoor activities there are to enjoy in Southern Nevada, yes – we all get into the spirit of the season, too! That means we’re also adding seasonal touches of décor in our homes that reflect the holidays and upcoming celebrations.

Besides, it’s also the perfect time to start getting organized and to rid yourself of that clutter and clothing that’s cramping your style. (Are we right?) So, ready for a few suggestions? Let’s get started!

Start with the Closets . . .

• Pull out the spring and summer clothes, and remove those items you haven’t worn in over a year. (Don’t lie to us, we know that you know – deep down inside – that you probably never will again).
• Replace them with your fall and winter clothing – but be sure to go through them all beforehand to discard anything that won’t fit or you won’t wear. (Ugly Christmas Sweaters have to stay, though. Contests….you know.)
• Go through any boxes and non-clothing items in your closet and throw away anything you don’t need.

Head to the Kitchen . . .

This may be the most daunting space, but hey – you’ve got holiday baking and party hosting to do! That means:

• It’s time to dig out that turkey platter, and maybe even your mom’s old china. (What are you saving it for? A “special occasion”? Well then, this is the time!)
• Go through your pantry and refrigerator and throw away any expired foods. (Don’t worry – you’ll be filling them up again with great things during the season.)
• And, if you have food items in your pantry that you know you won’t use before they expire, donate them to a local food bank.

Then Dress Up the Place!

The one thing we think should be absolutely stress-free is bringing out the holiday décor. After all, this is a happy, beautiful time of year (right?!) – let’s keep it that way by:

• Making holiday decorating an event and enlist the family to help.
• Before you decorate, give the house a good cleaning. That way, your house will be fresh smelling and sparkly, in more ways than one. (Enlist the family for this part, too ☺)
• Incorporate natural items that are readily available. (We think the loveliest seasonal looks are the ones that bring the surrounding environment inside.)
• Resist over-accumulation by purging unused decorations – or hey – maybe even trade decor with a friend! (Just for a year –it’s okay, you can trade back.)
• If you like to set up decorations the same way each year, don’t just leave it to memory. (Especially if you have “Monica Bing” syndrome.)  By taking photos and notes, you never know – one year, someone may want to surprise you by doing it all for you – just how you love it!

We’re not going to pretend that this covers everything. Because if you’re anything like us, one good turn will bring up another and another and another . . . Somehow, before you know it, you’ve got the Pier One showroom on display in your gathering spaces. (Weird how that happens.)

But get started, because the weather’s cooling down, the leaves are turning (yes, we have leaves turn in Las Vegas – jeez!), and it’s time to start creating some family and holiday traditions.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com.   Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, and Kathy Paterniti are all here to help!

When the Sun Goes Down, It’s Time to Bring the Dogs Out!

At the moment, it might be a bit too crispy to take the dogs to the dog parks during the day, but one of the best things about Las Vegas is that we are definitely a dog-friendly town. No matter which side of the valley you live on, odds are, you’re not more than a few short minutes away from a dog park to enjoy with your four-legged friends 😊

Make the best of this valuable asset our neighborhoods have to offer! Here’s a list of 8 great dog parks throughout town to get you started.

SUMMERLIN

Kellogg Zaher Dog Park
7601 W. Washington Ave., Las Vegas, NV 89128

Kellogg Zaher Dog ParkNORTHWEST

Barkin’ Basin Dog Park
Alexander & Tenaya, Las Vegas, NV 89129

Barkin’ Basin Dog Park

SPRING VALLEY

Desert Breeze Dog Park
8275 W. Spring Mountain Road, Las Vegas, NV 89147

Desert Breeze Dog Park

Charlie Frias Park
4801 S. Decatur Blvd., Las Vegas, NV 89103

Charlie Frias Park

SOUTHWEST

CJ Dog Park (Cactus & Jones – Southern Highlands)
Corner of Jones & Cactus, Las Vegas, NV 89141

CJ Dog Park (Cactus & Jones – Southern Highlands)

Exploration Peak Park
9275 S. Buffalo Drive, Las Vegas, NV 89178

Exploration Peak Park

SOUTHEAST

Sunset Park
2601 E. Sunset Rd., Las Vegas, NV 89120

Sunset Park

EAST

Horseman & Dog Fancier’s Park
5800 E. Flamingo Road, Las Vegas, NV 89122

Horseman & Dog Fancier’s Park

(Just makes you want to go out and play fetch now, doesn’t it?)

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, and Kathy Paterniti are all here to help!

Property Manager Residential Lease Agreement

When you don’t look too far behind the scenes, being a Property Manager sounds pretty ‘easy-peasy.’ After all, what does a Property Manager do, anyway? Hand out keys, collect the rent, and get paid big fees for a few minutes of work each month?

Well, as soon as you find a Property Manager that does only that – give us a call. Because we’ve never met a reputable property manager who didn’t work hard on behalf of their clients to keep all the i’s dotted, the t’s crossed, the tenants, owners and maintenance people happy – all while complying with the laws and regulations of the city, county, state – and the Feds.

Not that we’re complaining! Far from it! When you’re an experienced professional in the real estate industry – as are the experts at New Home Resource – it’s almost a genetic thing for us. We can’t wait to dive-in to organize and address all the steps involved in managing our clients’ properties to the nth degree. It’s something we love, or we wouldn’t be doing it!

But be under no illusion that it’s an easy job – and that’s something that a new income property owner might not realize. A Property Manager needs to know how to handle all the steps required in order to do their job well – while at the same time maximizing the owner’s investment. That includes setting the rental rates, advertising for new tenants, properly screening and researching potential tenants, addressing maintenance issues, handling emergency calls, keeping detailed records, collecting rents on time – and much, much more.

Being prepared by taking as many steps as possible to avoid potential problems may be an even more crucial responsibility for a Property Manager. By not properly screening tenants, a situation might turn into an eviction and/or legal nightmare. By failing to properly maintain a property, a minor repair issue can turn into a major expense. Even unanticipated events such as storm damage can create far larger and more costly issues than they should — if they’re not addressed properly at the time they occur. (Sometimes, even the best laid plans get can have the proverbial wrench thrown into the mix!)

Of course, not everyone thrives on those challenges like we do. It takes time, knowledge, experience and connections throughout the industry to do it well. That’s our business. But for a property owner, handling all these details on your own may not be something you enjoy, have time for, or be the most effective use of your own talents.

That last part is perhaps one of the biggest advantages Property Managers have to offer you as the owner. By taking all that responsibility off your plate, it gives you the time to do what you do best. That frees you up to acquire more properties and assets, develop your investment portfolio, and increase your personal wealth.

To find out how the New Home Resource Property Management team can help take the burden off you and maximize your investment better than you ever imagined possible, give us a call. We’re here to help!

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, and Kathy Paterniti are all here to help!

home buyers

Summer is a busy time for home sellers in Las Vegas. Well, for that matter, given our amazing lifestyle, climate, and all the other great things about our city – pretty much most times of year are busy for both home buyers and home sellers.

As a seller, though, you need to remember that you are always in competition with other homes that are for sale. To make sure your home is at the head of the line for receiving the best (and most) purchase offers, we’d like to remind you that no matter when home buyers are shopping for a home, there are some things they ALL hate to see. Make sure they don’t see them at your home!

Bad Listing Photos.

Most home buyers begin their search online. If your photos aren’t appealing on the internet, there’s a good chance they won’t even bother to see your home in person. Make sure whoever is listing your home gets the best photos possible of both inside and outside your home. They matter more than you know.

Dirty Homes.

And yes really, we do need to say this. Because it seems not everyone instinctively knows that a clean, neat, and appealing presentation of your home is critical to the interest of the buyer. It’s true what they say: You never get a second chance to make a good first impression. And that means both inside and outside. You may not even think twice about your unkempt yard – because you know the landscape maintenance guys will be there tomorrow. Or to you, a messy patio or play area might just look normal and ‘lived in.’ The problem is, you’re not trying to make you comfortable by picturing yourself living in this home…you’re trying to impress home buyers you don’t know anything about. They may actually think just like you, but you have no way of knowing that. So always use the “Best Foot Forward” rule for any part of your property that a potential buyer sees.

Sellers Being Home During the Showing.

Yeah, it’s true. Even if you’re immensely proud of your home and would like to be there to “point out all the little things they might not notice, but are so important and add value to this home!” But all your being there will do is make everyone feel awkward, make visitors shy about asking their Realtor® questions that you may overhear, and encourage potential buyers to want to rush through the home and get out; which is, ironically the very thing you were trying to avoid. The longer a shopper takes to explore your home, and the more comfortable they feel, the more it sticks in their mind, compared to all the other homes they’ve seen. We’d even suggest doing something out-of-the-norm – like leaving cold bottles of water and freshly baked cookies out, with a note that it’s just for them. (A welcome idea in Las Vegas during the summer, for sure!) Anything that makes their visit to your home stand out (in a good way, we mean!) – is going to be to your benefit.

There are other words of wisdom that our experienced team of Realtors® at New Home Resource would be happy to share with you about how you can help show your home in the best possible way – and maximize your chances to sell rapidly and at the best price. Just get in touch with us and we’ll be happy to share those ‘inside tips’!

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, and Kathy Paterniti are all here to help!

tax benefits

Should I buy a home – or keep renting?

That’s a common question these days, especially since everyone knows the cost of rent has skyrocketed in the years since The Great Recession. So many lost their homes at that time and had no choice but to move into rental properties; but now time has passed and many have gotten back on a little better financial footing. So the question comes up again: “Should I Own or Rent?” Good question.

However, it’s not simply the amount of your Rent Payment vs. a Mortgage Payment – although here in Las Vegas with mortgage interest rates still hovering around the 4% range, that alone can make owning a much more appealing alternative to renting.

That even takes into account the cost of maintaining your own home vs. those maintenance items being a landlord’s responsibility – because in many cases, the principal and interest payment to buy a home can be hundreds of dollars less than renting the same property.

But there are other economic factors that most people forget to consider when deciding between the two: How tax benefits can affect their financial bottom line for the better. Although the tax codes change yearly (so if you have any questions about this topic, be sure to get current information from your accountant), the following have been among the most common IRS deductions for homebuyers in recent years.

Home Mortgage Interest Deduction
Typically, this is one of the largest tax breaks available to homeowners. It allows you to write off the interest paid on your mortgage loan, which can be most lucrative during the first years of your mortgage (when the majority of your payment applies to interest, rather than principal). In some cases, this is even applicable to home equity loans. Certain limits to your loan amount do apply, but most typical first-time buyers fall into this category. When you pay rent – there’s no deduction for that. It’s just money out the door.

Mortgage Points Deduction
If you paid points on your mortgage in order to lower your interest rate, you may also be allowed to write off this expense on your taxes.

Property Tax Deduction
Nevada’s property tax rates fall about mid-range between all U.S. states – and the average American pays in the neighborhood of $2,500/year (just as an estimate). But whatever the property taxes for your home, they are a deductible expense when it comes to your 1040 filing.

Property Mortgage Insurance Deduction
If your mortgage loan includes Private Mortgage Insurance (PMI) – often the case if your down payment is less than 20% – depending on your income, you may be eligible to deduct this expense annually, as well. PMI generally runs between .5%-1% of the amount of your home loan, so this write-off could benefit even more on your taxes.

Tax-Free IRA Withdrawals for First Time Buyers
Saving money for your down payment got a little bit easier when the IRS allowed first-time buyers (or those who haven’t owned a home in two years) to break into their IRA’s for their down payment funds without having to pay the 10% penalty that applies to withdrawals before age 59-1/2. (Although we should note that your 401k plan does not qualify for that same penalty exception.)

Home Improvement
The rules for home improvement tax breaks vary often. For example, by taking out a home equity loan to finance major improvements, currently that loan could qualify for the same interest deductions as your main mortgage loan. But there is one important thing to remember: If you document and keep track of the improvements and upgrades you make on your home during the entire time you live there, you can deduct those costs down the road when you sell that home – thus lowering the amount of your Capital Gains Tax.

The ability to take advantage of tax benefits like those listed above really do affect your financial bottom line. Case in point: Consider that if you have a $250,000 mortgage loan at 4% interest, that’s costing you approximately $10,000/year in interest. With just that one deduction, you’ll save money on your annual tax bill. And when you combine the other homeowner tax breaks that could apply to your situation, that’s money that will stay in your pocket (or bank account) – rather than going into your landlord’s.

If you’d like more information about the many other benefits to owning your own home, give our crackerjack team of experienced Realtors® at New Home Resource a call and let’s talk about your specific situation, needs, and goals.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, and Kathy Paterniti are all here to help!

property manager

Let’s say you own a piece of income property in Las Vegas, or perhaps you’re in the process of considering making that leap from “homeowner” to “landlord.” Outside of your due diligence in finding the right property (or properties) to buy for this substantial investment – one of the things you also need to take into consideration is this: Who is going to be your property manager?

The smart real estate investor is going to be leaning towards finding the right Property Management company to handle those details. Why would they want to use a Property Manager instead of just doing it all themselves, you ask? Actually, for a lot of reasons. So many, in fact, that we recently wrote a 5-part series of articles that specifically address those reasons – and you can find this series on our blog, 12 Reasons to Hire a Property Manager, and How a Property Manager Takes Care of Business (Parts 1-4).

Those articles address everything from meeting legal requirements for screening tenants to maximizing savings with your property manager’s vendor relationships – and a few dozen other details that lie between.

But that all happens after you select a Property Management firm to work with. So how do you get started down that road? You want someone that can take the day-to-day management burden off your shoulders, and allow you the time and freedom to move forward with acquiring additional properties and increasing your income potential.

At New Home Resource Property Management, there are four key steps to the process, and we’re happy to outline them here – so there are no surprises, you know exactly what to expect, and you can rest easy knowing that your valuable investment has been placed in the right hands.

Step 1: Discovering Your Goals

Initially, we’ll want to sit down with you to discuss your needs and determine your long-term goals for your investment – and explain how our services can best support those goals for you. We’ll also prepare a rental analysis so you can see what’s currently happening in the market and how much rental income you can anticipate getting for your home. All your questions about our services and the property management process will be answered at this meeting.

Step 2: Setting Up Your Account

Next, it’s time to put a property management agreement into place. We’ll also gather additional data about your home so we can effectively manage it, and do a pre-list inspection with multiple photos that can be used for managing, marketing and leasing purposes moving forward.

Step 3: Marketing & Locating Potential Tenants

Marketing your property to all the relevant platforms is where we start, and as potential tenants contact us, we’ll show the property, screen backgrounds of applicants, check references, and constantly update you on the status of our progress. Effective tenant screening is one of the most important aspects of property management, as long-term, high-quality renters will increase your profitability. It is an element that we take very seriously at New Home Resource Property Management.

Step 4: Leasing and Property Management

Once a tenant has been approved, we handle all documentation, inspections, and then take over all the relevant management responsibilities as per our agreement. That includes setting up access to our online software portal, wherein you can view statements of income and expenses, and keeping you in the loop regarding maintenance and repair issues. Maintaining a good relationship with tenants is a critical aspect of our operation, as it results in less turnover for your property, thus fewer expenses for you.

It’s estimated that 48% of the people living in Southern Nevada are renters. With roughly 2.2 million residents in Clark County, that’s a pretty staggering figure. (Approximately 1,056,000 renters, just to help with that math.) There’s a reason real estate investors choose Las Vegas as one of their top cities for acquiring rental properties – the demand is there to support it.

Of course, that also means that the demand is there for many other aspects of this type of ownership, including maintenance and repair vendors – among other things. The last thing you need is to spend your days chasing down contractors and negotiating pricing, on top of the thousand-and-one other duties involved in finding the right tenants, collecting rents, and paperwork – lots and lots of paperwork.

At New Home Resource Property Management, we have all those resources already in place and working for our clients – not to mention years of experience in real estate as a whole, unique knowledge of the area, and the staff to make sure your investment is maximized in every possible way. In addition, we also offer investment strategies and can help you identify other investment opportunities that might be available so you can continue to grow your portfolio. Find out more by contacting our office today.

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, and Kathy Paterniti are all here to help!

summer salads

Once summer arrives, it seems like the last thing we want to do is standing around and cooking over a hot stove, right? (Although having someone else slaving over a hot grill in the back yard is another story entirely!) So we started putting together a new list of summer salads that we think look fabulous, and these photos just looked too good not to share. (Feel free to make an extra batch of any of these and send it over to our office, by the way!)

Chickpea Tex-Mex Salad
from DinnerThenDessert.com

Chickpea Tex-Mex Salad Seriously? Does this not just scream of cool-and-spicy all at once? According to Sabrina at Dinner Then Dessert, this summer salad “has a ton of flavor like most Tex-Mex salads, but with far less of the heavier and more caloric ingredients that would weigh you down. Having this lunch option will help you avoid falling into the normal restaurant salad trap where similar Tex-Mex salads are filled with cheese and sour cream and mayonnaise based dressings.” We’re totally on board with the whole idea.

Grilled Vegetable Nicoise Salad With Salmon
from HummingbirdThyme.com

Grilled Vegetable Nicoise Salad With Salmon Okay – so let’s say we do have that guy out working the grill in the back yard. That’s perfect! All they need to do is grill us up some sliced eggplant and this amazing hunk of salmon, and we’re on our way to nirvana. Oh sure, a couple other items in this recipe might take a couple minutes on the stove (blanching green beans), and a few minutes in the oven (roasting beets) – but wouldn’t you say the end result is absolutely worth it? We would. We’d like to give a shout out to Laura at Hummingbird Thyme for sharing these mouthwatering photos along with her amazing summer salad recipe on her blog.

Sweet ‘n Savory Wild Rice Salad
from GreatEightFriends.com

Sweet ‘n Savory Wild Rice Salad Wild rice, grapes, cranberries and pecans (and Anna of Great Eight Friends says that adding some grilled chicken breast makes it even better). Seriously: YUM. Light, flavorful, savory, and sweet all in one dish – with a refreshing and simple dressing that is simply to die for. Bring it on.

Shaved Asparagus Spring Salad
from DelishKnowledge.com

Shaved Asparagus Spring Salad Minimal ingredients, maximum flavor – just the way we like to prepare our meals. Alex of Delish Knowledge created this fabulous vegetarian recipe (just throwing that part in because, hey – it matters!) – and even though it’s got the word “spring” in the title, we’re pretty sure it’s good-to-go anytime around here. Some tips from Alex: “This salad works because of the layering of flavors. If it grows in the spring, I put it in this salad. Thinly sliced radishes, mint, slivered almonds, couscous and a lemon-mustard dressing. Cooked couscous almost clings to the shaved asparagus like pasta, so I don’t recommend subbing out another grain in its place.” This one is worth investing in a mandolin, if you ask us.

Purple Cabbage, Orange & Walnut Salad
from Teczcape

Purple Cabbage, Orange & Walnut Salad A huge part of our dining experience comes from the visuals, as we all know. And we think this summer salad recipe is simply perfection for the eyes. (Not a bad experience for the taste buds, either!) Quick to prep and pull together, it offers a simple, fresh, and light meal solution on its own, or makes a great accompaniment for whatever that guy has on the grill tonight. Presented on Hui Leng Tay’s blog, we’re happy just looking at this one for the moment!

If you have a favorite summer salad recipe that’s your Go-To meal, we’d love to hear about it! (And taste it – so hey, share, okay?) Summer Rules All!

New Home Resource helps current and future homeowners with all of their Las Vegas real estate needs. Whether your preference is for property management, a newly built home from a local builder, or a resale property in just the right location, a New Home Resource Realtor® is here to provide the service you’re looking for. Please contact a New Home Resource Realtor® today at 702-365-1000 or visit www.newhomeresource.com. Broker Joanna Piette, and agents Denise Thrasher, Jessica O’Brien, Evelyn ‘Beng’ Kern, and Kathy Paterniti are all here to help!