This is a great opportunity for buyers, sellers and developers of luxury condos in Las Vegas
Las Vegas, NV (PRWEB) August 28, 2007
Luxury Realty Group, based in Las Vegas, has launched another innovative marketing service for buyers and sellers of Las Vegas luxury condos. The new marketing service is called the VIP Hot Deal Buyer Program and gives both buyers and sellers of Las Vegas luxury condominiums new opportunities to transact real estate under the currently challenging market conditions.
The VIP Hot Deal Buyer Program offers sellers who are going into foreclosure or cannot carry their mortgage very long after closing another marketing service to sell their Las Vegas luxury condo. It also offers an alternative solution to luxury condo buyers who may have to walk away from earnest deposits because they cannot close due to varying reasons. For developers of luxury condos with excess new inventory, it offers them a conduit to reduce their inventory. For buyers, especially international ones, it offers discounted Las Vegas luxury condo opportunities in prime locations.
Only a select number of buyers will be admitted into Luxury Realty Group's VIP Hot Deal Buyer Program. Certain restrictions apply and once approved, those selected VIP Hot Deal Buyers will have access to the Las Vegas luxury condo hot deals from Luxury Realty Group including private luxury condo deals.
"This is a great opportunity for buyers, sellers and developers of luxury condos in Las Vegas," says Simon Chen, broker and co-owner of Luxury Realty Group. "We created this special VIP program due to the many calls and emails we are receiving from buyers seeking great deals and sellers or developers willing to sell their luxury condos below market pricing due to current market conditions. We believe we have created the right formula of success in the creation of our VIP Hot Deal Buyer Program that will bring international buyers and investors for Las Vegas luxury condos," Chen said.
"What will make this VIP Hot Deal Buyer Program very successful is Las Vegas has a very limited supply of luxury condos and hotel condos in the prime Strip area. Only the savvy buyers have discovered this major difference about Las Vegas in comparison to other markets that are experiencing over supply like Miami," observed Bruce Hiatt, the other co-owner and broker of Luxury Realty Group. "With Las Vegas Strip land rising from $4 million to over $34 million an acre over the past three years, luxury condos built during the early part of this time frame that are now coming into the market will be grabbed by savvy buyers. Today, you cannot build luxury condos or hotel condos for the prices offered two or three years ago prior to the major price run-up in the very limited Strip land available for developers. International buyers understand this but U.S. buyers have totally misunderstood the Las Vegas luxury condo market," Hiatt said.
Luxury Realty Group, founded by brokers Bruce Hiatt and Simon Chen, is the #1 luxury high rise brokerage in Las Vegas. From Sky Las Vegas
#1 highest dollar selling award to the recent Inman News Real Estate Connect conference recognition as a leader in internet marketing innovation, Luxury Realty Group's list of awards and national press recognition as Las Vegas luxury high rise condo experts is extensive. For 2007, Luxury Realty Group adds to its list of achievements by positioning itself in the top seven of all luxury condo resales in the prime Strip area.
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