If you've made more than one offer on a Las Vegas foreclosure lately, you'll totally get this.

With banks finally trying to spread their REO listings among more than a small handful of listing agents, we come up against new roadblocks, er I mean navigate new systems, daily.

Prices have climbed, albeit a nearly imperceptible rise. With multiple offers on nearly every home, some buyers are getting very frustrated. With fewer than 1600 REOs on the market today, you need to have the right offer to get it accepted.

Expect a roller coaster ride if you are shopping for a bank-owned home in the Las Vegas area right now. Not one of those smooth new highspeed coasters that glide quietly and seemingly effortlessly through the ride. More like that old mad mouse coaster on the Santa Cruz Boardwalk that jars your spine and frays your last nerve.

Use an experienced Realtor, friends. That's my best advice for today.

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