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Why Luxury Real Estate Advisors?

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Luxury Real Estate Advisors (LREA) provides a full range of strategic solutions to assist buyers and sellers when navigating the complex luxury condo segment. LREA’s best-in-class data analytics helps us identify sales/leasing trends and hidden opportunities.

LREA’s property management division is the undisputed leader in the Las Vegas high-rise condo segment; so not only can we assist with acquiring, leasing, managing, and selling, we have a private collection of off market residences with tenants in place that provide immediate cash flow for investors.  

Guidance

  • Our initial consultation will assist in identifying acquisition/investment goals.
  • Based on client goals, we will provide property listings and a summary opinion of best available condominium buildings to tour.
  • We provide 3-D tour links so that you have the opportunity to virtually tour floor plans from the comfort of your home/office. http://www.luxrealestateadvisors.com/veer-towers-las-vegas-3d-tours/

Research

  • We provide micro and macro analysis relating to economic trends, lending solutions, and inventory levels.
  • We provide an overview of current as well as proposed tourism and convention-related projects that can provide added value over time.
  • Once a desired condominium building has been identified, we will provide a tour of available condo floor plans offering various floor levels and views.
  • We provide property specific historical data of sales and leasing efforts with timelines that will be segmented by floor plan and view.

Risk Mitigation

  • Identify any construction defect claims.
  • HOA reserve fund status.
  • Discover any excessive rules or regulations that impact value.
  • Research development plans in the vicinity to identify potential future projects that may impact views/values.

Acquire

  • Examine unit/floor plan specific pricing adjustments to find distressed sellers.
  • Identify other sellers of specific floor plans and views and leverage multiple sellers against each other to put downward pressure on prices.

Improve

  • We provide you with guidance on smart property improvements that add value and increase rental yields.
  • We analyze furnished vs unfurnished leasing data to determine if furnishing the residence makes financial sense and if so, we determine a potential budget.

Manage 

  • We assist you in navigating the complex world of tenant and landlord laws per NRS 118A
  • Our best in class financial reporting ensures that you can make informed real estate decisions
  • We deploy advanced risk mitigation techniques that include landlord friendly lease agreements, forced mediation vs costly litigation and we require all of our tenants to obtain $250,000 in liability insurance.

Selling-Exit Strategy

  • We provide compressive analysis of recent sales, current market listings (competition), and suggested market timing to capitalize on value added by proposed tourism and convention-related developments.
  • Our best in class marketing utilizes cutting edge technologies like big data, advanced analytics, 3D tours, drone photography, advanced Google and Bing advertising methods, comprehensive social media strategies and mass emails to over 25,000 clients per month.