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I first heard this commercial on a mainstream radio station in Las Vegas by a Las Vegas real estate broker and it really made me wonder. There has been some mention of this practice going on where some agents representing banks in listing their properties for sale are holding out and trying to get both sides of the deal.

While there has long been some speculation that this has been happening… it’s the first time that I actually came across it openly advertised and it really makes you wonder if the Bank being represented is really getting the most value possible for it’s investors.

The Highest Price Possible in The Shortest Amount of Time

Riding The Horse for All the Bucks

Anybody in real estate that understands the system will tell you that the NUMBER one way to get the MOST Money for your home in the SHORTEST amount of time is the Multiple Listing Service aka MLS.

So… how can this practice of advertising for buyers by giving them first access to Las Vegas Bank Owned Homes be in the best interest of the client they are representing?

IT’S NOT.

Great for Marketing for a double commission but it certainly is not in the best interest of the seller.

I don’t know… maybe it’s just me but if I was an Asset Manager for this particular Bank I certainly would not be too happy.

Paul Francis
Las Vegas Bank Owned Homes for Sale
702.592.3058