Vegas Realty Check

Revolutionizing Real Estate: Vegas' Spaceport, MLS Myths, and the Real Impact of Foreclosures

May 23, 2024 Trish Williams - Keller Williams The Marketplace- S.0175530 & Tiana Carroll S.178943
Revolutionizing Real Estate: Vegas' Spaceport, MLS Myths, and the Real Impact of Foreclosures
Vegas Realty Check
More Info
Vegas Realty Check
Revolutionizing Real Estate: Vegas' Spaceport, MLS Myths, and the Real Impact of Foreclosures
May 23, 2024
Trish Williams - Keller Williams The Marketplace- S.0175530 & Tiana Carroll S.178943

Send us a Text Message.

Discover how Las Vegas' Spaceport project is revolutionizing the real estate game and what it means for your investment opportunities. We also unravel the truth about the stability of interest rates and what recent changes in VA policies mean for veterans and their families. Listen closely as we debunk persistent myths about MLS commissions and assert the irreplaceable value of seasoned real estate professionals guiding you through the complexities of the market. Rest assured, no matter the headlines, the industry is as resilient and adaptable as ever.

A foreclosed house next door can feel like a property value death sentence, but it's time to separate fact from fiction. Hear how a single foreclosure's impact on your home's worth may not be as dire as you think, and learn the strategic intricacies of home auctions and sales pricing. We also pull back the curtain on the appraisal process, offering peace of mind that the condition of homes—including distressed properties—is always taken into account.

Finally, step into the world of home presentation as we compare the allure of traditional staging with the cutting-edge technology of virtual staging. Honesty remains paramount, and we discuss the importance of full disclosure in virtual staging per MLS requirements while highlighting the potential pitfalls of deceptive practices. Whether you're looking to sell or just love to keep a finger on the pulse of real estate trends and technologies, this episode is packed with insights tailored just for you.

Support the Show.

Welcome to Vegas Realty Check, the informative podcast that dives deep into the world of Las Vegas real estate.

Our expert hosts break down the complexities of the ever-changing Las Vegas property market, analyze market trends, economic indicators, and unique property features to provide you with valuable insights on timing your home sale or purchase.

Don't miss out on the fun! New episodes drop every Thursday! Stay in the know about Las Vegas real estate with insights straight from the pros . Thanks for watching, listening, and sharing!

If you LOVE our content , Please subscribe to our show here

https://www.buzzsprout.com/1428685/support

Linktree https://linktr.ee/vegasrealtycheck?utm_source=linktree_profile_share&ltsid=665d8181-2204-45fb-b56f-e8ed3efbfd18
Send Listener Questions to : VegasRealtyCheck@gmail.com
Access All Episodes at RealtyCheck.Vegas
Watch Live on Facebook Thursdays @9:30am PST
https://www.facebook.com/VegasRealtyCheck
Linktree https://linktr.ee/vegasrealtycheck?utm_sourc...

Vegas Realty Check +
Become a supporter of the show!
Starting at $3/month
Support
Show Notes Transcript Chapter Markers

Send us a Text Message.

Discover how Las Vegas' Spaceport project is revolutionizing the real estate game and what it means for your investment opportunities. We also unravel the truth about the stability of interest rates and what recent changes in VA policies mean for veterans and their families. Listen closely as we debunk persistent myths about MLS commissions and assert the irreplaceable value of seasoned real estate professionals guiding you through the complexities of the market. Rest assured, no matter the headlines, the industry is as resilient and adaptable as ever.

A foreclosed house next door can feel like a property value death sentence, but it's time to separate fact from fiction. Hear how a single foreclosure's impact on your home's worth may not be as dire as you think, and learn the strategic intricacies of home auctions and sales pricing. We also pull back the curtain on the appraisal process, offering peace of mind that the condition of homes—including distressed properties—is always taken into account.

Finally, step into the world of home presentation as we compare the allure of traditional staging with the cutting-edge technology of virtual staging. Honesty remains paramount, and we discuss the importance of full disclosure in virtual staging per MLS requirements while highlighting the potential pitfalls of deceptive practices. Whether you're looking to sell or just love to keep a finger on the pulse of real estate trends and technologies, this episode is packed with insights tailored just for you.

Support the Show.

Welcome to Vegas Realty Check, the informative podcast that dives deep into the world of Las Vegas real estate.

Our expert hosts break down the complexities of the ever-changing Las Vegas property market, analyze market trends, economic indicators, and unique property features to provide you with valuable insights on timing your home sale or purchase.

Don't miss out on the fun! New episodes drop every Thursday! Stay in the know about Las Vegas real estate with insights straight from the pros . Thanks for watching, listening, and sharing!

If you LOVE our content , Please subscribe to our show here

https://www.buzzsprout.com/1428685/support

Linktree https://linktr.ee/vegasrealtycheck?utm_source=linktree_profile_share&ltsid=665d8181-2204-45fb-b56f-e8ed3efbfd18
Send Listener Questions to : VegasRealtyCheck@gmail.com
Access All Episodes at RealtyCheck.Vegas
Watch Live on Facebook Thursdays @9:30am PST
https://www.facebook.com/VegasRealtyCheck
Linktree https://linktr.ee/vegasrealtycheck?utm_sourc...

Speaker 1:

Hi, thank you for joining us on Vegas Realty. Check your local Las Vegas real estate news show and I'm Trish.

Speaker 2:

Williams and I'm Tiana Carroll. Welcome back, you guys.

Speaker 1:

Yeah, and we are here again almost to the end of another month, so this is time keeps ticking into the future, kiddos.

Speaker 1:

Yeah, um, so not really much big news. Um, I know we've been talking about Spaceport a little bit. I seen a rendering. Oh, I've seen some rendering. It's cool, yeah, yeah. So I was yesterday. Last night I was looking at a map for where this is going to be Okay and found an address that I was able to locate of the proposed location. So I plan on visiting that, hopefully this weekend, to see what it looks like around out there.

Speaker 2:

Yeah, see if anything's happening.

Speaker 1:

See if anything's happening.

Speaker 2:

Maybe little aliens are out there building it? Yeah, maybe Probably not.

Speaker 1:

But looks like there's some good deals on dirt around the area, so that might be something to look into.

Speaker 2:

Yeah, yeah, and our dirt is selling all over the state.

Speaker 1:

Yeah, yeah, nothing big on rates.

Speaker 2:

Those seem to be staying the same. Yeah, they took a little bit of a dip and then they're holding there, which is cool. Yesterday, the VA did the Veterans Affair did signal that there's going to be a temporary suspension of the ban on being able to pay for a buyer's agent if you're using a VA loan. They don't want their veterans to be at a deficit with this NAR ruling.

Speaker 2:

So, they're now allowing veterans temporarily to pay for their own buyer agent, which I don't know how that's going to transition. But if there is a buyer, if there's a seller who is not willing to contribute to a VA seller, then the VA or buyer VA buyer then the VA buyer will have the option to pay for their own agent, which historically they haven't been able to.

Speaker 1:

Right, and you know this. Of course, everything isn't officially in effect yet, but a lot of people have started the new practices and so far sellers are still paying buyer's agents concessions in most part. There's sometimes where we see them where they're not, but we've always seen that.

Speaker 2:

Right and I keep trying to explain to people. In reality, they're just asking us to take the co-op box out of the MLS. A list agent can still take a 6%, 7, 8% listing and if they choose to split their commissions, they can split their commission period into conversation.

Speaker 1:

Yeah, so yeah, the list agents negotiate the listing fee at the listing table when they take the listing. That's their fee and if a portion of that fee they are choosing to pay to the agent, that is definitely their call and that's how we're going to be operating. So, and it's going to be fine. It's not as crazy and backwards as reports have been saying. It's going to be backwards as reports have been saying it's going to be, and I still get a lot of people that are listening and reading misinformation, Even agents.

Speaker 2:

I must get at least five to 10 texts or emails a week saying are you nervous about the upcoming changes? Come to my brokerage and let me talk to you about it. Or we have a class about this, or we're teaching you about that, and it's all. It feels like fear mongering to me.

Speaker 1:

It is fear mongering Panic sells.

Speaker 2:

Right, we're just, but we're just doing. We're just helping people facilitate a deal. We can make this happen. We can advocate for them. We can definitely advocate for ourselves. It all seems like it's going to work out fine in the wash.

Speaker 1:

Yeah, and I I had, um, I had a brokerage reach out to me too and they were like is your brokerage supporting you with all the new changes that are going on and helping you navigate through this? And I'm like are we serious? Like right now, is this I? I don't, I don't understand and I don't like that strategy. I like trying to panic you and make you scared and just I don't know. To me it seems unprofessional.

Speaker 2:

Yeah, yeah, I was talking to my girlfriend about this and I was basically saying, because she's worried, she's like oh, what's going to happen with your business and this. I'm like what do you mean? And she's like all of this stuff that's going on in the news and she's not in real estate. So of course she's getting her clickbait news and her version of it and I just have to laugh at it and I'm like it's really different when you're actually in the business and you know how it really works the business. And you know how it really works, Like okay, so we took away the little co-op box, but we're still doing business and we're still continuing to do business and we will in the future, because that's just what we do. People buy and sell. It's a trillion dollar industry. It's not going to stop because they took away a co-op box.

Speaker 1:

Yeah, and that's not going to make people not need to own their own homes, not want to own their own homes and not want a professional to navigate them through it. I mean, even when it comes to I don't know, simple stuff, you know when you, when you have simple stuff, you want the professional that knows how to do that task and that knows that industry and that area to navigate you through what needs to be done, because we all we are in such a busy world and such a busy life. I don't want to learn another trade or another industry to complete a transaction through it. I want a professional that knows what they're doing, that knows what's going on and that can help me through this to where it's going to make my life as easy as possible, and that's not going to change.

Speaker 2:

No, that's not going to change. I got a girlfriend who is a real estate lawyer in a real estate lawyer state, so you need a lawyer at the table, and when she bought her house she used a realtor and she's like I don't know why anybody wouldn't even in a. I don't want to do somebody else's job. I don't want to learn somebody else's job.

Speaker 1:

Yeah, and I have clients that are attorneys. I've I've a few clients that are attorneys and you know, we all know, attorneys are well-versed in contracts and everything like that. I've seen one or two of them, yeah, and you would think that you know if anybody would say like, oh, I don't need a realtor, it may be an attorney, but the attorneys are also very intelligent and also know that they want a professional in the industry to help represent them and to help look out for their best interests, because that is not their industry.

Speaker 2:

That's right, that's not within their scope. So I completely agree with all of that. So I think we got into the news a little bit, but we didn't. We just bypassed numbers completely. Should we do those?

Speaker 1:

Absolutely so for our single family inventory. Last week I was concerned that it might be raising, but we're right around, the same as we were last week.

Speaker 2:

Yeah, it's ticking up to that $3,600 mark. So today we're at 3,584 active single family homes in the Valley for sale.

Speaker 1:

Yeah and sold. We have 456. We do Not a bad number. Price reductions a little bit down since last week at 457.

Speaker 2:

Yeah, those numbers are almost identical, the sold and the price reductions one number apart. Yeah, and then our under contracts are solid.

Speaker 1:

Yeah 621.

Speaker 2:

Yeah, not bad, not bad. All in all, a good week in Vegas.

Speaker 1:

It is a good week in real estate, good week in Vegas. We have some listener questions for today, so I guess we'll roll right into those.

Speaker 2:

From one thing right to the other. That's what we do here. These should be pretty easy. These are I mean not that there's harder easy questions, but these are pretty straightforward. What's going on? What do we got?

Speaker 1:

So we'll start with Jesse. All right, Jesse. Um, Jesse said his neighbor's home is foreclosed. It's up for auction at a very low price. Is that going to affect my home value?

Speaker 2:

Well, jesse, yes it is. But here's the thing with foreclosures can really affect home value. A if there's a lot of them going on, yes, right, so if you had like 10 in your neighborhood, then that would definitely be a contributing factor. And when the home does sell, it is going to be used for at least 180 days in comps for the sale of other homes in the property. But foreclosures they really go at market price. It's not like just because it's in foreclosure you're going to get it a hundred grand under market value. That's never going to happen, not in this market, right?

Speaker 1:

And you need to not be concerned about the price that it's up for auction for, because the auctions work and I hate to say like eBay, because it's totally not like eBay, but similar. You know like, you know how. Sometimes you'll see an item on eBay that's listed at like a dollar and you know dang well, that's not going to sell for a dollar.

Speaker 2:

Yeah, I just had something similar, like on a Facebook marketplace. Something was advertised for $50 and it should have been, let's say, $250, but then you go through it and it's basically a furniture company and selling multiple of those beds and they're just trying to lure you in and that's what that auction is.

Speaker 1:

Like.

Speaker 2:

Hey, we got this. Who wants to play?

Speaker 1:

They price it low to attract multiple bidders and the multiple bidders will essentially and eventually bid up to, and sometimes even above.

Speaker 2:

Above. I've seen it go above. I've seen it go above.

Speaker 1:

You know it's a mindset and strategy. It's one of those things that we can't. Often it's a hard thing and a scary thing to get sellers on board with when we're talking about listing, but it does work where you price the home under market value.

Speaker 2:

One of my favorite strategies. It works every time like a charm.

Speaker 1:

And you end up selling it, in most cases, more than you would have sold it for if you would have priced it right, at market value. Right, because it attracts all this attention. And the beauty of attracting all that attention is that you get lines of showings out the doors Right. People flooding and flocking to the house and it's a mindset when buyers come to a house and they see all these other buyers wanting this house, or they see all these other people that are offering it, cars in front of an open house will change how that open house goes.

Speaker 1:

Yes, it makes them want it more, makes them raise the price that they're offering because they want to compete, they want to be the winner, they want to. There are buyers that say, oh no, other people are bidding, I don't want nothing to do with that, right. And there's also the majority, or more of a percentage, of buyers who see that activity and want to compete, want to raise their price, want to jump in the game.

Speaker 2:

Well, because it gives that air of desirability and they're like oh, everybody wants it, I want it too, and they jump in the market. It is a great selling strategy. I always shake my head because it is a very natural instinct for sellers to want to list it above the market price and it is hard for them to wrap their head around Like if you just come just a hair under market value, you were going to see more action. You're going to get multiple offers, you could have a bidding war. You could sell probably close to or more than what you intended to overprice your listing for anyway. Yeah, because competition baby.

Speaker 1:

Competition, yes, and and again, pricing it higher just makes it. Pricing it above market value makes it look too expensive, right, and pricing it below makes it look like a deal, right. So, yeah, that will essentially have the better result when pricing it lower. So that's one thing with the foreclosure If you're seeing an auction at a very low price, I would not let that concern you.

Speaker 2:

The sold price is what's going to matter. The sold price is what they're going to use for the comps and ultimately that's going to be what affects property value. And in a market where the supply and demand is low, those foreclosures are not going to be going low.

Speaker 1:

They're going to be investors and people out there who are going to try and bid up and get foreclosed homes Right. And in this scenario where it did sell under value, just say it was extremely distressed and it did sell under market value. An appraiser, when they're looking at comparables in a neighborhood, when they're looking at comps, any homes that's listed distressed as an REO which is real estate, owned foreclosure or a short sell or something of that sort will always be marked on the MLS. On the closing there's a condition status that's marked on it and that's on all sales.

Speaker 1:

Yeah, on all sales. Yeah, it doesn't matter if it's foreclosed or not there's always a condition yeah, condition status and if it's distressed or not, that will be labeled on the cell. So when the appraiser is comparing or looking at comparables and looking at cells in the neighborhood and they see this one sold under what all of the other homes are selling, under what the current market value is stating, they're going to see that it's distressed and most times they will take that into consideration that your home is not distressed, that home was distressed, or that home is in a lot poorer condition than your home is.

Speaker 1:

So they will take that factor into consideration when coming up with value. So I wouldn't be concerned, jesse, I wouldn't let that panic you or anything like that. I don't think that we're in a scenario where that should be any factor at the moment.

Speaker 2:

Yeah, I don't think we have enough foreclosures on the market to determine that there is a certain market condition, like if you were flooded with foreclosures and there was physical deterioration and the outlook of the neighborhood looks like it's being perceived as declining or something, then of course that would change it, but that is not the condition that we're in right now.

Speaker 1:

No, absolutely Absolutely. And yes, multiple foreclosures, multiple distressed homes that are lower in value and a flood of a lot of inventory will drive prices down, but we're not in that environment.

Speaker 2:

We're not in that environment. Yeah, the few sprinkled foreclosures throughout the valley are not going to make the whole area seem like it's in decline, that's for sure.

Speaker 1:

Absolutely so. Moving on to Veronica, Okay.

Speaker 2:

Veronica says my son is a veteran and eligible for a VA loan. Can I co-sign on his purchase so he can get pre-approved for a higher amount?

Speaker 1:

That is no, unless you are a veteran also Right?

Speaker 2:

Yep, if you're a veteran, if you're living in the home, if you're a spouse, then those are ways that you can co-sign on that VA loan.

Speaker 1:

Yeah, but a child of a veteran or a parent of a veteran is not eligible unless they themselves are a veteran as well. Correct, yeah, so unfortunately that would not work. You still have, you could go conventional. You could go into another loan type. Va loans tend to have better interest rates. Of course, the zero down is very attractive.

Speaker 2:

The zero down is definitely a golden highlight for that VA loan.

Speaker 1:

Yeah, but yeah, co-signing for a veteran unless you're an eligible spouse or another veteran is not a possibility. So unfortunately, veronica, that is no.

Speaker 2:

Yeah, and we usually don't have a lot of questions that are hard no's, no, that can't happen, but this happens to be one of them.

Speaker 1:

It absolutely does. I know there's not much commentary on that Other than it's not possible.

Speaker 2:

Well, I think in general the three questions this week were pretty straightforward, that we didn't have to worry about it. So yeah, those VA eligible loans if you are a veteran or you have a spouse living with you, then of course they can be a part of it, but not mom from a distance.

Speaker 1:

Yeah, yeah, so Sorry, veronica, yeah, sorry, and thank you for your service to your son. Thank your son for us.

Speaker 2:

Yes.

Speaker 1:

Lisa. Lisa wants to know what are the differences between staging and virtual staging.

Speaker 2:

Staging and virtual staging. Well, they are both powerful tools in marketing that is for sure and they both are beneficial in many ways.

Speaker 2:

But the simple difference is that when you're having your home staged, you're trying to put the best foot forward, right? It's going to be this sort of pageant of homes. You want the home to be shown in the best light possible, like a model home. So they come in, they stage, they're good with proportions and color, making sure everything fits. Basically, virtual staging is a digital overlay of furniture and stuff on a picture of an empty house. So when you're flipping through the MLS you might see a picture of the living room empty and next to it you'll see a virtual stage where they've gone ahead and added some furniture to the digital image.

Speaker 1:

Yes, and our MLS does have a requirement when a home is virtually staged. It does have to be labeled at the top of the photo or somewhere on the photo that this home is virtually staged. So it's not misconceiving in any type of way, right?

Speaker 2:

Well, and it can be, because I've seen like a very clear example of a virtual stage that was deceiving, if you will was they showed a picture of a living room and in the living room there was a ceiling fan, but when you went to the home there was no ceiling fan. They had digitally put to the home. There was no ceiling fan. They had digitally put one in, but there's no electrical right there in the ceiling, so no hookup to put a ceiling fan.

Speaker 1:

And so it was very deceptive.

Speaker 1:

But they say virtually staged and that's sort of their loophole, like oh we didn't mean to deceive you, whoops, I feel like, if you're going to have, because I do virtual staging, often on listings, because they're great, yeah, it is a great tool, especially in an empty room so you can see the space of the room. But I usually, when I submit my request for the stager to do the stuff, it's furniture only Because of course I'm not going to add a ceiling fan to a home that doesn't have one.

Speaker 2:

That's silly. Or can you imagine a digital window? Yeah, I mean, that's not a window at all.

Speaker 1:

We don't want to change the house and I also put in the request make sure that the furnishings fit the space Right. You know like I don't want them to have like an enormous amount of furniture in a 10 by 10 room because we all know it won't fit.

Speaker 1:

Right, it'll look crowded, Unless it's miniature yeah, so the staging can do that by adding, like, miniature versions of furniture all around, but in my opinion, those are not great virtual stagers that do that because we want to. We're trying to sell a product that is realistic, right and reasonable. So, yes, and I have seen on listings, which I I get very, I guess, angry I hate to say angry, but it upsets me when I see this because it's so misleading. Oh, this ought to be good. What is this I've seen? There was this one luxury home that was listed at one point in time and it was a resale of a blue heron home. The home was absolutely stunning, as blue herons are, yes, and the backyard was just like this amazing backyard paradise, right.

Speaker 2:

Did they virtually stage the backyard with plants and stuff, with a pool? They added Okay, so that's way worse than my ceiling fan story, right.

Speaker 1:

I'm looking at the listing and I'm like it says no pool.

Speaker 2:

But there's a pool.

Speaker 1:

This is a beautiful pool and it had like the vanishing edge. It was amazing and it was before our, our, our role came in place, where you had to know it was virtually staged Right. So I was so confused but I told my clients, like let's go out and look Because, like this pool, you know it has there's a photo of it right here, y'all.

Speaker 1:

Maybe they just listed it wrong. And we went out there and it was not only was it not the backyard paradise it looked like, but it was dirt yeah, it was just dirt like completely unfinished backyard. And then in there was a, there was like an additional like feature sheet add-on. That was in the MLS documents. And in the MLS documents it said there oh, virtual rendering of what it would look like with a pool.

Speaker 2:

And I'm like are you serious? I was going to say I see things like that in builders, right when they do the virtual rendering. You have the potential to have this amazing backyard, you have the potential to have this great pool. It's not actually part of it. So I love staging for or virtual staging for two reasons because A most people do all of their buying online and if it looks appealing online, then you can get them to the door. But I also like when you get them inside the door when there's no furniture there, because it's all virtual on the picture that you get to see the space and it's open and grand and people like buying empty houses.

Speaker 1:

Yes, absolutely, absolutely. But going to actual staging, I mean actual staging is extremely effective.

Speaker 2:

It's extremely effective. Every builder in town and across the country uses staging when they put their models together, because the more alluring you can make that house look, the more people want to live there. They want to picture themselves there. They're like, oh, this is beautiful, this is my space.

Speaker 1:

Yeah, it's creating the space, the lifestyle, everything that goes in the space. And you know some sellers have pushback on actual staging because it's not cheap. No, no it's not, it will be, you know, a few thousand dollars a month.

Speaker 2:

Some stagers will offer you a month free Right, because you're renting that furniture.

Speaker 1:

Yeah, some stagers will offer you like the one month free if you do two months up front or things like that, and the days on market are actually a lot lower on staged homes.

Speaker 2:

Yeah, that's been proven. Yeah, it's a fact. Homes that are staged sell quicker and for more money.

Speaker 1:

Yeah, so you do get a return on the investment and I've had some homes that were quite outdated, that needed, rather than doing a complete renovation, we had employed a stager to come in and stage the property. The sellers had agreed on this and we had put together staging and it made it show better and sell faster than it would have by just having, just like an outdated home, you know, too much carpet, too much everything. So it can serve its purpose of doing that. There are more upfront expenses and it you know it really does have its payback.

Speaker 2:

Yeah, yeah, I'm a big advocate, especially in higher price points for staging. Yeah, because I think it's definitely beneficial.

Speaker 1:

Yeah but staging isn't only for, it's not only for luxury.

Speaker 2:

No, no, condos yeah and it's just cute, presentable, defined space and stagers have usually a great eye for proportion and scale. A lot of times people and I'm guilty of it myself having some furniture that might be too big for a space or not big enough for a space, and they come in and they just make it look just right.

Speaker 1:

Yeah, they just have that skill Like just you know, I mean, there's I I don't have an, I haven't had an interior designer design my home. I'm still considering Like I might do it. I might do it because, again, it's that we can design our own home and we can put our own stuff, what we like or what we feel. But there is something to it. When you walk in a home that an interior designer has done, that just has that like era of oh my gosh, I love everything.

Speaker 2:

It's just put together right. There's layers of texture and they're bringing in layers of light with table lamps and all sorts of things. So having a designer, an interior designer, come in and do your home personally amazing. But if you're just going to have somebody come in and do staging, it is just as effective for the sale process.

Speaker 1:

Yeah, and it is actually more effective than virtual staging. But if you are again, you know, cost conscious because of the upfront fees for you know the actual staging, virtual staging is a very good alternative.

Speaker 2:

Yeah, and they've gotten so much better. When virtual staging first came out, you could spot it a mile away, but, much like AI, it just keeps getting better and better. Sometimes you're clicking through the pictures You're like wait, they've shown this couch in three different angles and it looks like it's an actual couch, but it's not. It's just a digital overlay.

Speaker 1:

Yeah, it has, um, it has gotten better, and there's some, um there's some companies out there that are better than others.

Speaker 2:

Those are. Well, that's with everything, right? Yeah?

Speaker 1:

Yeah, there's some that are just like whoa, are you serious? Right now this looks like a cartoon. But there are some that have really better quality of the virtual staging. So that's good and, yeah, it's a good way of showing the space. And when I add virtual staging to a listing which I again, I do it often I still add the photos of the empty room.

Speaker 2:

Right, I do both back to back, like with virtual staging without, With virtual staging without.

Speaker 1:

Room by room. I don't want it to be misleading. I don't want people to get there and be like what happened, right? So definitely it's a good tool, but yeah, so if anybody wants to talk more about staging, listing, selling, buying All the things, real estate, all of the things that we do, how?

Speaker 2:

would someone reach out to you? Well, they can always give me a call or shoot me a text myself. 702-379-9948 is the easiest way to get ahold of me, so feel free to reach out if they want to get ahold of you 702-308-2878. Yep, and then you can always reach us on our link tree as well, which is realtycheckvegas. If you go there, you'll have all of our socials or emails or contact information. We're very easy to get a hold of if you need real estate help.

Speaker 1:

That is absolutely true, and look at us, or look for us on the News 13. We'll be on the Morning Blend coming up on June 3rd Monday.

Speaker 2:

June 3rd. Make sure you check us out on the Morning Blend and if you miss us there, we're here every Thursday morning, so make sure you like, share, subscribe, join the tribe, stay up to date with what's happening in Las Vegas and local Las Vegas real estate news.

Speaker 1:

All right, guys, see you next week. All right, have a good week. Bye, bye, thank you.

Vegas Real Estate Market Update
Effect of Foreclosure on Home Value
Staging vs. Virtual Staging Comparison
Real Estate Contact Information and Updates