Realtor.com in its 2018 National Housing Forecast even named Las Vegas as the #1 best real estate market of that year in United States. With 4.9% sales growth, it is expected that Las Vegas real estate market to further take off in 2019.
This brings about plenty of things to look out for in Las Vegas including more master planned communities, new attractions, and startup businesses. And, of course, fake property agents who will try to sell Las Vegas real estate properties and scam buyers.
If you are eyeing one of the Las Vegas high rise condos for sale, make sure that the agent you are speaking to sell home is legit. Keep in mind these few but truly effective tips to avoid a fake property agent.
Search for their real estate licenseWhile searching for your desired Las Vegas highrise condo online, you will surely stumble across plenty of real estate websites and agents that offer assistance in buying condos. Before contacting them, it is best to look for their real estate license. The National Association of Realtors is the largest trade association in the United States for the real estate industry. It represents about 1.3 million members. Try to search on their directory for the name of the property agent to check if they are a member.
You may also check with multiple listing services (MLS), established real estate marketplaces like Zillow and Trulia, or real estate brokers who governs estate agents to see if the property agent is registered with them.
Read reviews about their performanceSearch for multiple reviews about the property agent from their previous clients to further assess them. Why? You may have succeeded in confirming that the property agent you are interested in is not a fake property agent after checking their profile and license from reliable sources. However, that is not yet enough to ensure that they are legit.
What does legit stand for? It is an informal adjective which means “conforming or abiding by the rules”. If something is legit, it goes through the legal process. A smart scammer will make sure to go through the legal process of selling a condo and carefully plot their way out of it.
Ask for the property agent’s identification cardsBe careful of professional scammers who may be clever to steal the identity of actual licensed real estate agents and meet you under their guise. Instinctively, the first thing you should do upon meeting your property agent is to ask for their identification cards and confirm that they are the person you are arranged to meet.
You should also try searching for online profiles of your property agent that include their photos to know how they look like prior to your meeting.
Consult with the condo managementAfter confirming the identity of your property agent multiple times, it is most crucial to confirm if they are approved to sell the Las Vegas highrise condo you are planning to buy, because while your property agent may indeed be licensed, it is possible that they do not have a connection with the management of the condo you are interested in.
Consult with the management of the Las Vegas high rise condos for sale if your property agent truly works with them, and if they are, ask if they have a good record with them.
It is also important to know if they are the best property agent for the condo you want to buy or if there are better agents you can work with.
Visit the propertyLastly, you should visit the specific unit of the highrise condo you are interested in with your property agent to see it for yourself and confirm the things you have talked about with them including its qualities, amenities, price, and etc.
Things should go well after going through a thorough confirmation of the identity of your contact property agent, but it should not hurt to continue being alert until you finally indeed own the Las Vegas highrise condo of your dreams.
Those are just few simple yet very important tips to ensure that you are not working with a fake property agent. Always bear them in mind and you can guarantee a scam-free real estate transaction.