Rick Thompson Blog

Top Tips to Prepare Your Home fo Sell

Posted by Rick Thompson on January 20, 2017 in  Seller Resources
In Sum: When listing your house for sale your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens.   Buyers can be picky and assume that if the little stuff isn't maintained, that larger, more costly issues loom unseen! About Rick Thompson Rick Thompson is a real estate agent with Coldwell Banker Premier Realty and specializes in listing, marketing and selling homes in Las Vegas and Henderson, Nevada. &nb... read more
| Comments Not Allowed
If you are planning on listing your home for sale, make sure that you don’t overlook the condition of your kitchen. A recent article on realtor.com listed “7 Signs Your Kitchen Is Way Overdue for a Renovation,” in which they warned: “Dated kitchens—just like bathrooms—are a major barrier for resale. Buyers want modern amenities and styling, and most aren’t interested in renovating post-purchase.” Kitchen remodels can be pric... read more
| Comments Not Allowed

If Your Home Hasn't Sold....Check the price!

Posted by Rick Thompson on January 12, 2017 in  Seller Resources
If your house hasn’t sold, it is probably because of the price. If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. See chart below. Bottom Line If other houses are selling in your neighborhood, but yours is not, sit down with your agent and revisit the pricing conversation.Courtesy of Keeping Current Matters. 1/12/17... read more
| Comments Not Allowed

Multigenerational Families Are Making a Come Back!

Posted by Rick Thompson on December 28, 2016 in  Buyer Resources  Seller Resources
Multigenerational homes are coming back in a big way!  In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to a recent Pew Research Center report, the number of multigenerational homes dropped to as low as 12% in 1980 but has shot back up to 19%, roughly 60.6 million people, as recently as 2014. Multigenerational households typically occur when adult children (over the age of 25) either choose to, or need to, remain living in their parent&rsq... read more
| Comments Not Allowed

The Las Vegas Condo Market Is Heating Up Again

Posted by Rick Thompson on December 14, 2016 in  Buyer Resources  Seller Resources
We normally focus most of our attention on the single family market since the Clark County housing stock is dominated by single family. However, condominiums, which make up about nine percent of the housing stock, has gained our attention due to price movement within the sector. In year-over-year measured from November, median prices are up almost 16% while single family homes have risen by 9%. Median days on market for condominiums has shrunk to 23 days while single family also remains at a below typical 27 days.M... read more
| Comments Not Allowed