Thursday, November 18, 2010

Multigenerational Center - Green Valley Ranch, Henderson, Nevada

The Henderson Multigenerational Center features over 84,000 square feet of fun designed to cater to all ages.

Aerobic classes, indoor and outdoor pools, adult lounge, game room, and a basketball court are a few of the amenities in this center.


This recreation center is at the center of some fantastic facilities in Green Valley Ranch, including the Paseo Verde library (a personal favorite) and  The District at Green Valley Ranch

Want to receive a list of homes available in this area?  Use the Las Vegas Home Finder and start receiving listings via email.  It is that simple.



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Tuesday, November 16, 2010

Solera at Stallion Mountain - Del Webb

Solera at Stallion Mountain Ranch

This is a 55 plus community located in zip code 89122.  This community features a gorgeous community center with a fitness center, heated pool, tennis courts, bocce ball, and plenty of activities to keep you busy.



The community  itself is guard gated.  


For more information about this community or other Las Vegas 55 plus communities please click here or call 702-807-3339.

To view a picture slide show click here.

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Wednesday, November 10, 2010

Dollar and Some Sense, Part II

In my last blog post, Dollars and Some Sense, Part I, I gave you the facts on how real estate agents are paid.

This brought up a good question:  Why?  Why would anyone work on a true commission basis?

Image: Francesco Marino / FreeDigitalPhotos.net

I can't answer for every real estate agent.  My answers are:

I like owning my own business.
This business offers me a flexibility and freedom that I would not have in a 9-5 job.  Yes, I do work weekends and evenings.  However, there are times when I will take a morning or afternoon off if I feel I need it.  I determine my schedule.

Most of the time it doesn't feel like "work." 
I love what I do.  I have been fortunate to have fantastic clients who respect my work.  I give them my best and they appreciate the efforts that I make on their behalf.


I'm confident in my self and my abilities. 
There are tons of people in today's economy looking for work or worrying about their job security.   I don't have to worry about that.  I essentially am looking for work every single day and my job is always insecure.  Ha, ha.  Sounds funny but that is truly a liberating place to be. 

I never forget this is my business. 
If I feel that I cannot work with someone or they are wasting my time - then I don't work with them.  I don't make any apologies for this attitude.  I'm not a tour guide or chauffeur.  I'm here to sell homes. 

Hope this gives you a little insight into the real estate business. 

Related Post:
Dollars and Some Sense, Part I
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Monday, November 08, 2010

Dollars and Some Sense

Image: Salvatore Vuono / FreeDigitalPhotos.net
I (along with most real estate agents) are paid on a commission basis.  I always thought this was a widely known fact and it was not necessary to explain the ins and outs of it.

However, lately, it seems that most people really don't know what this means.  So, here it is.

Commission basis means you are paid based upon the sales you make.  Agents don't receive a salary, a stipend, an expense account, or any benefits.

 Yes, its true.

I don't get paid until I have sold a property (meaning it has closed) and I pay out of pocket for everything - marketing, gas, car expenses, health insurance, real estate fees and dues. 

How It Works
A seller contacts an agent and agrees to pay her a commission amount when she sells the home.  The seller's agent then will market the property on the Multiple Listing System and offer a portion of her commission amount to an agent who can bring a buyer who will purchase the home.

Daily Work
While an agent is out showing homes to someone, answering phones, keeping up with a transaction, blogging, previewing homes, answering emails, marketing a listing ..... (you get the picture) - she is not getting paid.  Everything is coming out of pocket as she goes about her business of finding or selling your home.  Her broker isn't giving her any money based upon future commissions - there is no draw. 

Commission Check
Once the home is sold the title company takes care of paying the agent's broker.  Generally, the brokerage will take a cut out of the check.  In my case, I'm the broker.  However, I still have office expenses and other business related items that need to be paid.  These get deducted from my commission checks.

In addition, since an agent is considered an independent contractor, she is responsible for deducting her withholding taxes, self employment taxes, funding retirement accounts, paying her own real estate dues, and paying for health insurance. 

Why?
Many may be wondering .... WHY? Why would anyone agree to spend hours working with no guarantee of payment?  Why would anyone work in a business where a weekly paycheck is not guaranteed?

I can't answer for everyone.  But, I will answer for myself in the next blog post.

Until next time. Remember, to visit my Las Vegas Homes Web site for las vegas homes, pictures of communities, and other useful real estate information. 

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