Bob Hamrick

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  www.lasvegassun.com/news/2008/aug/11/priciest-homes-not - [Cached Version]
  Published on: 8/8/2008    Last Visited: 8/11/2008  

  Las Vegas is not recession-proof, as some believed, and neither is luxury real estate, said Bob Hamrick, president and chief executive of Coldwell Banker Premier."It is hard for one market segment to be unaffected in an overall down market."
  
  The future remains bright because of the development under way in Las Vegas, but this down cycle could easily last through 2010, Hamrick said.
  
  Others think it will take even longer to recover, especially because Echelon has suspended construction.
  
  "I think when you see that happen, there is no way you can spin that into something positive," Hamrick said."You just have to live with it."
  
  At the end of June, the Multiple Listing Service had about 1,200 homes priced above $1 million for sale.
  
  In some cases, sales in the luxury market are down because the homeowner may not need to sell and is reluctant to drop his price, Hamrick said.Homeowners "are not as motivated to make it happen and can wait.If they have to move, they are going to respond to the market and make it happen."
  
  Many buyers of luxury homes are people moving up from less expensive homes, and if they are having trouble selling those, they will postpone their purchase, Hamrick said.
  
  "A lot of buyers are not making the step at this time because of consumer confidence and concerns of the market," Hamrick said.

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  www.theprosrealty.com/mgm_news.aspx - [Cached Version]
  Published on: 8/9/2006    Last Visited: 11/10/2008  

  Bob Hamrick, chief executive officer of Coldwell Banker Premier Realty, has been tapped as the corporation's senior vice president.
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  sales approach and compensation package that truly focuses on building relationships with our client," said Hamrick in a statement.

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  www.leadingestateslv.com/blog/2007/12/ - [Cached Version]
  Published on: 12/1/2007    Last Visited: 10/25/2008  

  It comes down to the old real estate adage, "Location, location, location," Coldwell Banker Premier Realty President Bob Hamrick said. People continue to move to Las Vegas for the lifestyle, new jobs and promotions and to raise a family, he said.
  
  "The real estate market in Las Vegas is different than a year ago," Hamrick said. "Our market has experienced a slowdown in sales and an increase in inventory."
  
  Nevertheless, buyer opportunities abound, he said.

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  www.inbusinesslv.com/2008/09/05/feature1.html - [Cached Version]
  Published on: 1/1/2008    Last Visited: 9/12/2008  

  When the market is as challenging as it has been, it's about making adjustments, said Bob Hamrick, the chief executive of Coldwell Banker Premier.More emphasis is on servicing banks and mortgage companies and selling foreclosures, which helps attract buyers, he said.
  
  It's also about streamlining operations and cutting staff that's not needed when the business is slow.That helps a company become more lean and profitable to deal with the slow marketplace, he said.Fortunately, 2008 has been better than 2007, although Hamrick said the fourth quarter traditionally has a slowdown.
  
  'We definitely had a period in 2007 where we were not ,profitable,,' Hamrick said. 'In this type of market to be able to break even is a respectable feat.As an organization, we have been good at putting profits away so that so when we have this kind of market, we can sustain ourselves.'
  
  Hamrick said he doesn't think the bankruptcies and consolidations are over, and some brokerages will quietly disappear from the scene.
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  The market conditions have affected the number of people entering or staying in the real estate industry, Hamrick said.That means firms like his are spending more time trying to attract experienced agents and providing more training to help them be more productive.
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  'It is not a positive statement, but we know at some point these developments will go forward,' Hamrick said.

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  www.usatoday.com/travel/destinations/secondhomes/2008-0 - [Cached Version]
  Published on: 5/1/2008    Last Visited: 5/4/2008  

  "CityCenter buyers are not asking about the best schools," says broker Bob Hamrick, owner of Coldwell Banker Premier Realty.
  
  Also noteworthy for high-end buyers: Thanks to casino revenue, Nevada has no state income tax and, Hamrick says, very favorable property taxes.
  
  But while demand has remained strong near the Strip, sales and prices in suburban golf communities have slowed.

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  www.bobh.cbvegas.com/default.cfm/Page=/Buyers.htm - [Cached Version]
  Published on: 9/9/2007    Last Visited: 9/9/2007  

  Coldwell Banker Premier Realty - Bob HamrickColdwell Banker Premier Realty - Bob HamrickColdwell Banker Premier Realty - Bob Hamrick Buyers Information
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  © 2007 Coldwell Banker Premier Realty - Bob Hamrick.All rights reserved.

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  www.bobh.cbvegas.com/default.cfm/Page=/Contact.htm - [Cached Version]
  Published on: 9/9/2007    Last Visited: 9/9/2007  

  © 2007 Coldwell Banker Premier Realty - Bob Hamrick.All rights reserved.

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  www.bobh.cbvegas.com/default.cfm/Page=/Agent/Cat=/Displ - [Cached Version]
  Published on: 3/22/2007    Last Visited: 3/22/2007  

  Bob Hamrick
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  Bob Hamrick
  
  8290 W Sahara Ave Suite 100Las Vegas, NV 89117
  
  Phone: 702-227-5303Cell: 702-460-8090
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  © 2007 Coldwell Banker Premier Realty - Bob Hamrick.All rights reserved.

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  www.bobh.cbvegas.com/default.cfm/Page=/Agent/Cat=/Displ - [Cached Version]
  Published on: 3/22/2007    Last Visited: 3/22/2007  

  Bob Hamrick
  ...
  Bob Hamrick
  
  8290 W Sahara Ave Suite 100Las Vegas, NV 89117
  
  Phone: 702-227-5303Cell: 702-460-8090
  ...
  © 2007 Coldwell Banker Premier Realty - Bob Hamrick.All rights reserved.

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  13523.inetusanow.net/custom/index.cfm?id=99273 - [Cached Version]
  Published on: 6/4/2006    Last Visited: 9/16/2007  

  Bob Hamrick, broker-owner of Coldwell Banker Premier Realty in Las Vegas, said the local Multiple Listing Service has added about 300 single-family homes a week in recent weeks.
  
  "Unless we see a downward change in those growing numbers, that will start to be concerning," Hamrick said.
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  "Properties are still selling, and the ones that are selling are the homes that are priced the way they need to be priced to respond to this market," Hamrick said.
  
  But sellers sometimes have a hard time accepting the new inventory climate.
  
  Said Hamrick: "If you told a seller who bought for $200,000 three years ago that his home would be worth $350,000 today, he would probably think that was fantastic.But if, instead, somewhere in that period, that house could have sold for $365,000, now the buyer is looking at that $15,000 difference, rather than the $150,000 in appreciation he really has."
  
  Sellers who can wait to sell their properties should expect sustained population growth, job formation and a constrained land supply to aid the market's inventory outlook in the long term, real estate professionals said.
  
  "I hate unjustified optimism, but there is true justification to feel confident that in the years to come our market is going to continue to be strong," Hamrick said.

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