List Price, Schmist Price: Make Them An Offer They Can’t Refuse!

There are few real estate markets out there that have taken a browbeating as severe as the Las Vegas / Henderson, NV Luxury Real Estate Market. Between new construction projects getting cancelled and the run-of-the-mill mass hysteria our current economic climate has been breeding, people with the means to make a brilliant purchase are sitting on their thumbs and T-Bills instead. There are few buyers out there, however, that refused to be recessed by the recession and turned the lemons of home seller’s misery into their own personal lemonade. They took the pricing into their own hands (with the help of their trusted real estate advisor, of course!) and scored some of the best deals in the history of Las Vegas real estate!


Make Them An Offer They Can’t Refuse

For transactions that closed in the past 6 months from the writing of this post for homes with a List Price of $1,000,000 and above, the Sales Prices have averaged an astonishing 12% less than the list prices! Let’s take a look at some of the better steals savvy buyers have made these past 6 months:

  • After several price reductions from $6,000,000, a magnificent property in Anthem Country Club was listed at $4,199,999 and was sold for a cool $3.3 million!
  • A 19th Floor condo at Panorama Towers listed at $1,200,000 sold for only 75% of its list price at $900,000.
  • The big sale of the 2008 happened with a true masterpiece in The Ridges which originally had a list price of $18,500,000 and had price reductions to $16,995,000 finally sold to a cash price of $11,500,000! Yes, that is $7,000,000 below original listed price!

Everything but the kitchen sink is being done to entice buyers in the Las Vegas / Henderson Luxury Real Estate market right now. From dramatic $10,000,000 price reductions to an almost unheard of $250,000 incentive to buyer’s agents from desperate sellers trying sell their property, the luxury market is reeling and ripe for the pickings for savvy people with the means to make what may very well be the buy of a lifetime.

For more information and to schedule a private and confidential consultation, you can always contact me at 702-370-3521 or e-mail me at Mike@PrimeRealEstateLasVegas.com.

I think all we have to do is add a little punctuation mark to Vito Corleone’s infamous line to demonstrate how to best take advantage of this crazy time. Make them an offer. They can’t refuse.


Mike Dobranski, REALTOR®
Keller Williams Realty – The Marketplace
Las Vegas / Henderson, NV

Phone: 702-370-3521
E-Mail: Mike@PrimeRealEstateLasVegas.com
Web: http://www.PrimeRealEstateLasVegas.com

The information contained in this blog is often considered time-sensitive and/or can change without notice, and should be treated as such. The opinions of this blog are solely that of the author, and do not reflect the opinion of Keller Williams Realty.

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What Recession? Las Vegas Real Estate Market Has Its Best January. Ever.

Here’s something you wont see on the 6 o’clock news…..the Las Vegas / Henderson, NV real estate market saw the highest number of Single Family Residence sales in January 2009 than any other January on record. With an outstanding 2,224 units sold, it was our busiest January ever and completely obliterated the measly 983 Single Family homes sold in January of 2008.


The Rush is On!

The opportunities that our current market is providing to smart buyers may very well be the greatest opportunities that this generation will ever see in the Las Vegas / Henderson area. From $50,000 condos to one of the most magnificent pieces of real estate in the world that recently had a $10 million price reduction (!!!!!), the deals are abundant and found throughout our entire market, geographically speaking as well as in price range.

2,224 transactions in January of 2009 spoke loudly to not be recessed by the recession. The only way to know how you can take advantage of this market is to ask and seek the truth.

And by the way…February of 2009 ain’t looking too bad either, with numbers already beating out 2008 numbers by the writing of this post, and we still have the busiest 8 days to go!

Mike Dobranski, REALTOR®
Keller Williams Realty – The Marketplace
Las Vegas / Henderson, NV

Phone: 702-370-3521
E-Mail: Mike@PrimeRealEstateLasVegas.com
Web: http://www.PrimeRealEstateLasVegas.com

The information contained in this blog is often considered time-sensitive and/or can change without notice, and should be treated as such. The opinions of this blog are solely that of the author, and do not reflect the opinion of Keller Williams Realty. Photo courtesy of shopacrosstexas.com.

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Privilege and Serenity in Roma Hills


Privilege and Serenity in Roma Hills


In times of instability and stress, we all need a sanctuary to go home to at the end of the day. Presented to you, this beautiful home in the exclusive and private guard-gated community of Roma Hills not only encourages personal serenity, but also provides a special place perfect for both intimate gatherings and large-scale celebrations. One of the most prized communities of the Las Vegas / Henderson, NV area, Roma Hills is home to some of the true jewels of the Las Vegas / Henderson real estate market.

As you open the front door after walking through a private courtyard area, the magnificent architectural features of the foyer give you the sense that you are truly somewhere special. With a strong adherence to the principles of Feng Shui, the breathtaking granite staircase complimented by a wrought iron railing with bronze patina accents brings those same elements from the courtyard into the home. The Corinthian Columns in view provide a comforting feeling of majestic strength as you gaze upon the countless architectural features of this well-appointed home.

Pride in an attention to detail is evident throughout this nearly 6,800 square foot home, especially in the magnificent kitchen area open to the great room. From the custom edging on the beautiful Kalahari Gold Granite countertops to the intricate scroll work on the crown moulding, the quality of craftsmanship is second to none. The warmth that the Raised-Panel Cherry cabinetry and the Sienna Gold Travertine tile flooring provides makes this the perfect area to savor that first cappuccino of the morning as you become prepared for the day ahead.

Of course you can have the most lavish woods and stones to make the kitchen area a stunning masterpiece, but it is nothing without quality appliances, and this chef’s dream certainly doesn’t disappoint! Whether you are entertaining dozens of people or preparing an intimate dinner for two, the kitchen area is prepared to handle whatever you need it for. With the Viking 6-burner range top complete with griddle, Dacor double ovens and two warming drawers, you have plenty of cooking space to create the most succulent of feasts. You’ll also have plenty of room to store those leftovers in both of your massive Viking refrigerators, and cleaning the dishes will be a breeze by using both of your Viking dishwashers!

If you enjoy entertaining, then you will love this home. You can have your very own chef’s table with the abundant seating area around the kitchen counter. With the complete openness to the great room, you will easily be able to hear your guests gush about how envious they are of your home while always being able to keep an eye on the culinary delights you are preparing. Whether they are admiring your exquisite Patagonian Rosewood floors or stepping up to the full wet bar complete with a nearly 200-bottle temperature controlled wine room, your closest friends and family will have memories of a lifetime enjoying the luxuries of your home.

The party can easily flow outside to your private backyard. Cook your own Championship Barbeque in your outdoor kitchen, fitted with a built-in Vermont Castings Barbeque with rotisserie and GE convection oven and 6-burner stovetop. The outdoor bath is a great convenience when you are wet and refreshed from your sparkling pool and spa.
For the more formal of dining occasions, you can take advantage of the large dining room complete with a stunning Swarovski Crystal chandelier hanging from the visually appealing coffered ceiling. French Doors lead to a comfortable outdoor living space to relax and enjoy an after dinner cocktail or two.
When the guests are gone and it is time to retire for the evening, the Master Suite has all of the luxuries you need to unwind and have the peaceful sleep you deserve. Light some candles around your Hydro Massage tub and take a relaxing soak as you let your thoughts drift away. You can also melt the stress away in your very own steam room in the master bath. Complete your rejuvenation process by taking advantage of the multiple jets in your double shower.

A place to entertain, a place to relax, and certainly a place to enjoy, this five bedroom, four and a half bath home is being offered to you at $1,375,000.



Want to learn more about the loft that can perfectly accommodate your next billiards tournament, the walk-in closet that your Manolo Blahnik’s were destined to be stored in or the unique bowed glass aquarium embedded in the granite staircase?

To schedule a private and confidential showing of this magnificent estate, please contact me at 702-370-3521 or e-mail me at Mike@PrimeRealEstateLasVegas.com.


Mike Dobranski, REALTORĀ®
Keller Williams Realty – The Marketplace
Las Vegas / Henderson, NV

Phone: 702-370-3521
E-Mail: Mike@PrimeRealEstateLasVegas.com
Web: http://www.PrimeRealEstateLasVegas.com

The information contained in this blog is often considered time-sensitive and/or can change without notice, and should be treated as such. The opinions of this blog are solely that of the author, and do not reflect the opinion of Keller Williams Realty. Listing and Pictures courtesy Team Jacobsen, Keller Williams Realty – The Marketplace.

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Breaking News: Harmon Hotel and Spa Eliminates Residential Component

After months of speculation, MGM Mirage has decided to eliminate the residential element from the Harmon Hotel, Spa & Residences (now known as the Harmon Hotel & Spa). Construction issues and lack of residential sales throughout the entire CityCenter project has helped in making the decision to change the scope of the project.


The Harmon is the blue tower to the front right

A press release issued by MGM Mirage this morning (January 7, 2009), had this to say for the 88 units under contract at the Harmon:

The Harmon as developed would have had approximately 200 residential units, of which 88 are under contract to be sold. Purchasers will be entitled to receive refunds of their deposits, but will be given the opportunity to purchase units at the Residences at Mandarin Oriental Las Vegas, Vdara and Veer Towers.

Construction of the Harmon Hotel & Spa also appears to be delayed by one year, however the other spectacular components of CityCenter, Aria Resort & Casino, Veer Towers, Mandarin Oriental Hotel & Residences and Vdara all appear to be on schedule to be fully open by the end of December of this year.

Stay tuned to the Prime Real Estate Las Vegas.com Blog for further developments.

Full Press Release: CityCenter Announces Scope Changes

Mike Dobranski, REALTOR®
Keller Williams Realty – The Marketplace
Las Vegas / Henderson, NV

Phone: 702-370-3521
E-Mail: Mike@PrimeRealEstateLasVegas.com
Web: http://www.PrimeRealEstateLasVegas.com

The information contained in this blog is often considered time-sensitive and/or can change without notice, and should be treated as such. The opinions of this blog are solely that of the author, and do not reflect the opinion of Keller Williams Realty.

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Le Cirque: A Table In Heaven

Tiger Woods hits golf balls, Yo-Yo Ma plays the cello and Sirio Maccioni develops restaurants. Developing and running what many considered to be the greatest restaurant in the world, Le Cirque, the Maccioni family is the highlight of HBO Films latest documentary, Le Cirque: A Table In Heaven.


Sirio Maccioni

This fun, yet poignant film documents the December 31, 2004 closing of the second incarnation of Maccioni’s masterpiece, Le Cirque 2000 in the Palace Hotel in New York City, and the development and opening of the new home for Le Cirque across town in the Bloomberg Building. In addition to that, we get some insight as to how Sirio rose from being a bus boy to one of the most respected restaurateurs in the world.

At the heart of the documentary is the ongoing struggle every businessperson faces; how many traditional methods should be sacrificed for progressive evolution. Deeply rooted in the traditional ways, Sirio wanted the food and the service that made Le Cirque the respected name that it is in the first place to continue to be the main attraction. His sons, Mario, Marco and Mauro, however, want to get the restaurant back on the cutting edge which means offering more progressive menu items and relaxing the dress code a bit. The dilemma of sacrificing service to improve the bottom line comes up in several aspects of developing the restaurant concept, just as it does for any trade that any businessperson pursues. Being able to see the inner workings of these decisions was both educational and entertaining at the same time, and I highly recommend you watch the documentary to see what happens.


Le Cirque Logo

Luckily for us living in the Las Vegas / Henderson area, the Maccioni family has extended its brand and brought out both their Le Cirque and Osteria del Circo (both found in the Bellagio resort) concepts which continually receive rave reviews and are certainly in the upper echelon of restaurant offerings Las Vegas has. Considering how many extraordinary restaurants we have in Las Vegas, that is saying a lot!

With the great success the Maccioni family has seen in Las Vegas, as a new restaurant is being developed to open in the new ARIA Resort and Casino that is slated to open in late 2009. Currently slated to offer traditional Tuscan cuisine, Maccioni’s new restaurant will surely be a huge hit on The Las Vegas Strip!

Mike Dobranski, REALTOR®
Keller Williams Realty – The Marketplace
Las Vegas / Henderson, NV

Phone: 702-370-3521
E-Mail: Mike@PrimeRealEstateLasVegas.com
Web: http://www.PrimeRealEstateLasVegas.com

The information contained in this blog is often considered time-sensitive and/or can change without notice, and should be treated as such. The opinions of this blog are solely that of the author, and do not reflect the opinion of Keller Williams Realty.

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