Do you think most Investors using (cash) to purchase Real Estate bypass the Real Estate agent?
I have always wondered about this question when it comes to Investors purchasing Real Estate.
Investors can hire an Attorney if they don't already have one in their firm to write up the RE contract for as little as 300 dollars. By doing this the Investor can negotiate a lower price when purchasing because the seller doesn't have to pay a commission to a RE agent.
Also Investors interested in purchasing RE can get a list of REOs from banks and make offers on properties using cash and a Attorney.
I seriously believe that most Investors using (cash) to purchase RE are hurting our industry because we are not making any money from their transactions.
Now I know there are some Investors that do use an agent, but this post is about the Investors that (don't)!
What is you opinion on this matter?
Robert Swetz (Vegas Bob) 1-14-2010
Thursday, January 14, 2010
Sunday, January 3, 2010
Do you really want to purchase a home or are you pulling my leg?
Do you really want to purchase a home or are you pulling my leg?
There are so many people that are interested in purchasing a home, but how many of these people are on the up & up?
Sure they have between a 700 to 800 FICA score, have been qualified to purchase a home from 2-3 different lenders and have also signed a "Buyers Agency Agreement" form, so does this mean their serious?
There are quite a few people that are playing the game when it comes to wanting to purchase a home, but that's just what their doing playing a game.
Do agents need a (Six Sense) to be able to pick up on these types of game players?
Are there any (Red Flags) that come up when people are just playing the game when it comes to purchasing a home?
"Inquiring Minds Want to Know"
Post by Robert Swetz (Vegas Bob) 12-30-2009
pulling my leg
There are so many people that are interested in purchasing a home, but how many of these people are on the up & up?
Sure they have between a 700 to 800 FICA score, have been qualified to purchase a home from 2-3 different lenders and have also signed a "Buyers Agency Agreement" form, so does this mean their serious?
There are quite a few people that are playing the game when it comes to wanting to purchase a home, but that's just what their doing playing a game.
Do agents need a (Six Sense) to be able to pick up on these types of game players?
Are there any (Red Flags) that come up when people are just playing the game when it comes to purchasing a home?
"Inquiring Minds Want to Know"
Post by Robert Swetz (Vegas Bob) 12-30-2009
pulling my leg
Organized Crime in Las Vegas Nevada - "Which is worse Italian Mafia or Corporate America?"
Organized Crime in Las Vegas Nevada - "Which is worse Italian Mafia or Corporate America?"
Now before I go into this post any further I would like to let everyone know that I do (not) like crime in any form, and this post is only about the changes that have taken place in Las Vegas Nevada!
Back in the 50s, 60s and 70s the Italian Mafia ran a huge part of Las Vegas Nevada and still have some connections even today. And one of these Mafia Kingpins was "Bugsy" and I posted about Bugsy some time ago and here is the link below ............
Italian Mafia Kingpin of Las Vegas Nevada -
Benjamin "Bugsy" Siegel
photograph by Robert Swetz - Las Vegas - Nevada
Now after the opening of MGM City Center and some of the other newer hotels people can really see where Corporate America is starting to change Las Vegas Nevada.
Now do you think this change is good?
I have spoken to many, many locals that have lived here all their lives and they mentioned to me that years ago when the Mafia had more control over Las Vegas it was a better and safer city to live in. I know Las Vegas has really grown but so has the (police force). Back when the Mafia ran Las Vegas, when you either owed money or harmed their families in any way they would either beat you or (Whack You).
Now days when some one owes money or harms someone elses family the authorities slap your hands and tell you don't do that again or either draw it out in courts with attorney's, judges, etc.
Now don't get me wrong I don't believe in (Murder) but I believe that if the United States has laws and the punishment is to lenient then people will continue to abuse the system and get away with these crimes.
What is your opinion on this issue?
I believe there are way to many laws in this country and the only ones getting rich are the Attorney's and everything connected to them.
photograph by Robert Swetz - City Center - Las Vegas - Nevada
Photographs and Story by Robert Swetz (Vegas Bob) 12-20-2009 (MGM City Center)
www.VegasBuildingsForSale.com
www.SearchMyPics.com
Saturday, January 2, 2010
You wouldn't want to sell this guy's home!
You wouldn't want to sell this guy's home!
A friend of mine called me several times over the week and I was to busy to answer his phone call, he did leave a message and his message was that he wanted to purchase a home and to call him right away.
I have known this person for around 30 years now and he use to work for one of my fathers companies back in the Midwest.
I called him yesterday and this is what he told me .............
He said he wants to purchase a home in Las Vegas Nevada and wants to pay (Cash) for it, and he was talking very fast and wouldn't let me get a word in.
Then he told me that home owners are having problems selling their homes and they have been on the market for years, and he wasn't going to pay a Real Estate Agent any commission for helping him find a home. He told me the most he would pay a agent to help him would be around $1,000 dollars.
I finally was able to get some words into the conversation and mentioned to him that when he purchases a home he doesn't pay any commission, the home owner does. He said well good because Real Estate Agents don't do enough work to be payed anymore than $1,000 dollars, where did my friend come up with this figure?
And "Thank God" he didn't call me to sell his home, I would have to tell him ..........
"No Thank You"
Story by Robert Swetz (Vegas Bob) - 12-31-2009
A friend of mine called me several times over the week and I was to busy to answer his phone call, he did leave a message and his message was that he wanted to purchase a home and to call him right away.
I have known this person for around 30 years now and he use to work for one of my fathers companies back in the Midwest.
I called him yesterday and this is what he told me .............
He said he wants to purchase a home in Las Vegas Nevada and wants to pay (Cash) for it, and he was talking very fast and wouldn't let me get a word in.
Then he told me that home owners are having problems selling their homes and they have been on the market for years, and he wasn't going to pay a Real Estate Agent any commission for helping him find a home. He told me the most he would pay a agent to help him would be around $1,000 dollars.
I finally was able to get some words into the conversation and mentioned to him that when he purchases a home he doesn't pay any commission, the home owner does. He said well good because Real Estate Agents don't do enough work to be payed anymore than $1,000 dollars, where did my friend come up with this figure?
And "Thank God" he didn't call me to sell his home, I would have to tell him ..........
"No Thank You"
Story by Robert Swetz (Vegas Bob) - 12-31-2009
Monday, September 29, 2008
Interested in (Pocket Listings)?
Interested in (Pocket Listings)?
Who is interested in (Pocket Listings)?
Is everyone familiar with what Pocket Listings are? I know most Agents know what they are but I have run into several that don't know what they are.
A Pocket Listing is basically a property that a owner has that is interested in selling, but doesn't want to list it with a Agency.
Most Agents say "what good is a property to me if the seller will not let me list it"
Well the owner is looking for a buyer, if you can find a buyer for this seller then you can get both parties to sign what's called a Non-Circ Agreement. Binding both parties to an agreement that if the transaction goes through, you get compensated.
Also if you have a buyer for a seller and they are both serious you can do a 30 day Listing agreement and extend the time if necessary.
Below are just a few of Pocket Listings I had several moths ago, some have been sold but I wanted to give you and idea of the property that I sell.
I have many, many people calling me with properties that they want to sell and they are unlisted.
Home
Vacant Land
Commercial Properties
Businesses
Resources
Contact Us
Latest News
2007-09-17
>>View Full Story
777S INC Consulting Firm PO Box 26443 Las Vegas, NV 89126
If you have any questions, feel free to contact: Robert Swetz 702.443.7156
www.LakeOwner.com
www.VegasBuildingsForSale.com
Email: invest@lakeowner.com
AciveRain.Swetz@gmail.com
"UNLISTED VACANT LAND" PROPERTIES LIST (POCKET LISTINGS)
1) NW 5 ac. with another 5 ac. available for sale next to this property. Located on 2 major cross streets. Zoned R-1 at this time. A commercial variance may be achieved. Comps suggest $2.5M per 5 ac. parcel. (SOLD)
2) SW 5 ac. zoned R-2. Corner piece on 2 major cross streets. A commercial variance my be achieved. Comps suggest $2M per 5 ac. parcel. (SOLD)
3) SE 2.5 ac. zoned R-l . Just east of Las Vegas Blvd. So. Corner property on 2 major cross streets. Possibility of rezoning. Comps suggest $1M.
4) SW 2.5ac. zoned C-l. Property faces major street. Comps suggest $2.9M.
5) Central location near hospital. Just under 1/4 ac. Zoned for Medical bldg. Comps suggest $1.8M.
6) SW 4.09 ac. Zoned Commercial. Faces Major street. Comps suggest $5M.
7) SW 4.18 ac. Zoned Multi. Possible commercial. Faces major street. Comps suggest $5M. (PENDING)
8) SW 4.19 ac. zoned C-2/industrial near 215 Beltway. Seller will do sale, land lease or JV. Same seller has 2.5 ac. in SW zoned C-l . (SOLD)
9) Central 5 ac. zoned C-general. Property faces major street. Seller asking $11M.
10) South Valley 2.5ac. zoned Industrial. Comps suggest $2.5M
11) NW 2.13 ac. zoned C-l. Property located on major street. (SOLD)
12) NW 1.21 ac. zoned RE on Centennial Parkway..Possible rezone to Commercial. (PENDING)
HAVE A WONDERFUL DAY ROBERT SWETZ
www.LasVegasBuildingsForSale.com
LOCALISM: www.localism.com/agents/swetz777
Active Rain Network: www.activerain.com/swetz777www.bestpicz.ning.com
LAS VEGAS, NEVADADirect: 702.443.7156
www.New-Commercial-Properties.com
www.LakeOwner.com
www.SearchMyPics.com (coming soon)
www.CustomAsianJewelry.com (coming soon)
Who is interested in (Pocket Listings)?
Is everyone familiar with what Pocket Listings are? I know most Agents know what they are but I have run into several that don't know what they are.
A Pocket Listing is basically a property that a owner has that is interested in selling, but doesn't want to list it with a Agency.
Most Agents say "what good is a property to me if the seller will not let me list it"
Well the owner is looking for a buyer, if you can find a buyer for this seller then you can get both parties to sign what's called a Non-Circ Agreement. Binding both parties to an agreement that if the transaction goes through, you get compensated.
Also if you have a buyer for a seller and they are both serious you can do a 30 day Listing agreement and extend the time if necessary.
Below are just a few of Pocket Listings I had several moths ago, some have been sold but I wanted to give you and idea of the property that I sell.
I have many, many people calling me with properties that they want to sell and they are unlisted.
Home
Vacant Land
Commercial Properties
Businesses
Resources
Contact Us
Latest News
2007-09-17
>>View Full Story
777S INC Consulting Firm PO Box 26443 Las Vegas, NV 89126
If you have any questions, feel free to contact: Robert Swetz 702.443.7156
www.LakeOwner.com
www.VegasBuildingsForSale.com
Email: invest@lakeowner.com
AciveRain.Swetz@gmail.com
"UNLISTED VACANT LAND" PROPERTIES LIST (POCKET LISTINGS)
1) NW 5 ac. with another 5 ac. available for sale next to this property. Located on 2 major cross streets. Zoned R-1 at this time. A commercial variance may be achieved. Comps suggest $2.5M per 5 ac. parcel. (SOLD)
2) SW 5 ac. zoned R-2. Corner piece on 2 major cross streets. A commercial variance my be achieved. Comps suggest $2M per 5 ac. parcel. (SOLD)
3) SE 2.5 ac. zoned R-l . Just east of Las Vegas Blvd. So. Corner property on 2 major cross streets. Possibility of rezoning. Comps suggest $1M.
4) SW 2.5ac. zoned C-l. Property faces major street. Comps suggest $2.9M.
5) Central location near hospital. Just under 1/4 ac. Zoned for Medical bldg. Comps suggest $1.8M.
6) SW 4.09 ac. Zoned Commercial. Faces Major street. Comps suggest $5M.
7) SW 4.18 ac. Zoned Multi. Possible commercial. Faces major street. Comps suggest $5M. (PENDING)
8) SW 4.19 ac. zoned C-2/industrial near 215 Beltway. Seller will do sale, land lease or JV. Same seller has 2.5 ac. in SW zoned C-l . (SOLD)
9) Central 5 ac. zoned C-general. Property faces major street. Seller asking $11M.
10) South Valley 2.5ac. zoned Industrial. Comps suggest $2.5M
11) NW 2.13 ac. zoned C-l. Property located on major street. (SOLD)
12) NW 1.21 ac. zoned RE on Centennial Parkway..Possible rezone to Commercial. (PENDING)
HAVE A WONDERFUL DAY ROBERT SWETZ
www.LasVegasBuildingsForSale.com
LOCALISM: www.localism.com/agents/swetz777
Active Rain Network: www.activerain.com/swetz777www.bestpicz.ning.com
LAS VEGAS, NEVADADirect: 702.443.7156
www.New-Commercial-Properties.com
www.LakeOwner.com
www.SearchMyPics.com (coming soon)
www.CustomAsianJewelry.com (coming soon)
Thursday, August 21, 2008
LAS VEGAS BUILDING PROJECTS ON THE (STRIP) LAS VEGAS BLVD.
Suites at Wynn Las Vegas - photo taken by: Robert Swetz 8-20-2008
Encore Suites at Wynn Las VegasIn March 2005, less than two months before the opening of Wynn Las Vegas, The Steve announced plans for the $1.74 billion 2,034-suite Encore. The smallest suites will be 700 square feet (larger than the new rivals, Palazzo and Caesars Augustus Tower). The 230-square-foot bathrooms will be larger than some old Las Vegas hotel rooms. The casino will be 70,000 square feet. Five restaurants, 11 retail shops and 60,000 Sq. Ft. of additional meeting and conference facilities are also in the plans.The Encore at Wynn Las Vegas will be a separate property, however both properties will be connected via the public areas and run as one.
This project will make Wynn Las Vegas the fifth largest hotel in the world with 4,740 rooms and suites. Palazzo at the Venetian will be completed before Encore taking the Venetian to the #1 spot with over 7000 rooms.
Encore Suites at Wynn Las Vegas is scheduled to open in December of 2008. The site is North of the existing property and directly across the strip from the New Frontier.
FONTAINEBLEAU HOTEL - LAS VEGAS, NEVADA
Photo taken 8-20-2008 by: Robert Swetz
Fontainebleau
The 3,812-room, 725-foot, 63-story Fontainebleau Las Vegas hotel/condo-hotel/casino is a $2.9-billion development being built on the Strip (just north of the Riviera) on the 24.5 acres where the El Rancho and Algiers casinos once stood.
The Vegas project will have a condo-hotel element, based on an alliance between Fontainebleau and Turnberry. Construction is under way with a planned opening in fall of 2009The project will be modern and chic in design (reflecting the spirit of their famed Miami Beach hotel) and include:
- A 100,000-sq.-ft. casino - Lapis, a 60,000-sq.-ft. spa - A 3,200-seat performing arts theater - 1,018 condo-hotel units - 300,000 sq.-ft. of retail space - 390,000 sq.-ft .of indoor and outdoor conference space - State of the art nightclubs- 24 restaurants and loungesSignature dining experiences will include: - The Michelin-star rated cuisine of executive-chef Alfred Portale at Gotham Steak - A regional Italian menu by James Beard Award recipient Chef Scott Conant - A renowned Chinese restaurant featuring Michelin-star rated Cantonese cuisine - Indulgences, a 5,000-square-foot chocolate factory
HIGH STREET AT ECHELON: LAS VEGAS - NEVADA
photo taken 8-20-2008 by: Robert Swetz
Gracing the 87 acres where The Stardust, Westward Ho and Budget Suites used to sit, The $4.8-billion Echelon will be the centerpiece of the new north strip.
The project will have close to 5,000 rooms which will be divided into five (partially separate) towers. The main 2,500-room Echelon Hotel, the 650-room The Enclave (Suites at Echelon), and the 350-room Shangri-La Las Vegas will share one high-rise while the 860-room Mondrian Las Vegas and the 550-room Delano Las Vegas will share the other. Several acres of Boyd's 87 acres will remain empty for possible future residence towers. Each hotel will have it's own spa.All four hotels will share:- 140,000-sq. ft casino (the fourth largest in Las Vegas)- 300,000-sq. ft. shopping venue- 750,000-sq. ft. convention center (the fourth largest in Vegas)- 30 restaurants and bars - 4,000-seat stadium-style theater (for resident production shows)- 1,500-seat theater (for touring acts) - The project will be completed in the third quarter of 2010
photo taken 8-20-2008 by: Robert Swetz Back view of HIGH STREET AT ECHELON LAS VEGAS
If there are any questions on these photographs or anyone from Las Vegas is interested in having photographs taken of new projects in Las Vegas, please feel free to contact me at your convenience.
HAVE A WONDERFUL DAY
ROBERT SWETZ
LOCALISM: www.localism.com/agents/swetz777
Active Rain Network: www.activerain.com/swetz777
LAS VEGAS, NEVADADirect: 702.443.7156
Saturday, August 2, 2008
Must see photograph of old Temples built between 850-1120
This photograph is only showing 6 different temples out of 7,000 that were built in Bagan Myanmar (Burma). Early (circa 850-1120), Middle (circa 1100 -1170) and Late (circa 1170-1300).
On vacation in Bagan I spent 5 days and 4 nights shooting approximately 500 different photographs. From sunsets, sunrises, pics of temples (inside and out), statues, etc, I still didn't have enough time to capture all of Bagan.
To me, Bagan is one of the most amazing places on Earth and I will be visiting there quite often in the future. We would get up early mornings and wait until sunrise and look across the country side from the top of huge temples taking in the beauty. While looking across the horizon of Bagan because there are so many thousands of temples, they looked like ant hills.
I will be following this post at a later time in the future with some more breathtaking photographs of sunrises & sunsets, and many more temples.
Bagan Myanmar (Burma) 4-16-2008 photo taken by: Robert Swetz
Thank you for your time and have a wonderful day!
Robert Swetz
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