COMMON QUESTIONS

• WHAT DOES A BUYER'S AGENT DO?

A buyer's agent acts as a guide to help you find the right property for you, negotiate for a fair price, and smooth out any difficulties in the buying process. Furthermore, they provide you with a series of fiduciary duties to ensure that your best interests are always protected. 

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• WHAT DOES A LISTING AGENT DO?

A listing agent helps sellers set a fair asking price, market the home for sale, host open houses, coordinate showings with prospective buyers, and negotiate contracts. 

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• WHAT IS YOUR FEE?

Buyer's Side - no fee!

Seller's Side - please contact for property valuation. case by case basis. (megan@simmonsrealestatelv.com)

 

• CAN I BUY AN INVESTMENT PROPERTY TO AIRBNB?

Las Vegas allows some homes to be rented out for less than 31 days, but with many limitations. Only property owners are eligible to operate a short-term rental, and they have to be present while the property is being rented out.
A property has to be at least 660 feet from any other short-term residential rental, can’t have more than 3 bedrooms, and can’t be located in master-planned areas such as Summerlin and Symphony Park.
In order to obtain a short-term rental license, the property owner has to provide proof of liability insurance coverage with a $500,000 minimum amount.
With a valid license, the host can’t host more than two persons per bedroom.

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• HOW MUCH CAN I AFFORD?

To calculate how much house you can afford, take into account a few primary items, such as your household income, monthly debts (for example, car loan and student loan payments) and the amount of savings available for a down payment. As a home buyer, you’ll want to have a certain level of comfort in understanding your monthly mortgage payments. For more information contact your preferred lender!

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• DO YOU WORK IN COMMERCIAL?

Yes! The Las Vegas commercial property market represents a viable option for investors and tenants nationwide. The city features a quickly climbing population, low unemployment rates, and a vibrant tourism economy that positions Las Vegas as an attractive market for CRE professionals and growing companies. 

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• HOW DO I GET PRE-QUALIFIED?

All it takes is a quick phone call (702-401-3165). After a few questions we'll determine pre-qualification and set you up with a game-plan to achieve your goal of purchasing a home! 

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• WHAT DEVELOPMENTS ARE HAPPENING IN LAS VEGAS?

​With an estimated $38.7B in Project Costs in the Development Pipeline in Southern Nevada, it's clear that the city will continue to grow for the foreseeable future. Contact (megan@simmonsrealestatelv.com) for full development maps.