Experts in Operational Real Estate

Al Jazeera has released a story about the sale by a Las, Vegas real estate agent of a six-room, four-bathroom home for $5.1 million.

Al Jazeera is not naming the buyer because of a pending criminal investigation.

Al Jazeera reporter Ali Fadel reports that a former Las Vegas resident of the family business was given the deed to the property in July.

He bought it for $7.1m.

Fadel’s story follows the story of the former agent, David Alford, who sold the home to a wealthy Chinese investor for $3.9 million in October 2016.

The agent was quoted in a newspaper article as saying he wanted to “open a family business”.

Fadel said in the story that the real estate company, Alford Homes, did not give him permission to take the home.

Alford said in an interview that he sold the property because of problems in the Las Vegas area and was also looking to move the family out of the city.

The former agent told Al Jazeera the house is now the property of the Chinese investor.

“We have been living in the house since October, and it’s the property and we’re the sole owner of it,” he said.

“The real estate agents, they don’t even give us the option to buy the house, they have to let us take it back.”

In November 2016, Fadel reported on the news that a Chinese company had purchased the house from Alford.

The real estate firm told Al Jouna it would only sell the house to the buyer, according to Fadel.

Alwan told Fadel he would only give him a deed to sell the property.

“I don’t have the right to sell it,” Alwan said.

The family lived in the home until their death in 2011.

A local resident said the house was “basically torn down” in the early 1990s after the family moved out of town.

The house was the site of an Alford family feud that erupted into violence in the late 1980s and early 1990 to settle disputes over land ownership.

The Alford home has not been officially identified.

A representative for the Alford real estate group declined to comment on the case, but said the group did not want to “play politics”.

“We will be able to provide a full and accurate account of the situation as we learn it,” the representative said.

Al Nour, who is listed as the real-estate agent on the deed, told AlJazeera that the property was a “once in a lifetime” opportunity to make money.

He said he had no idea it was worth $7 million when he bought it in 2013.

“It was a huge amount of money for a once-in-a-lifetime opportunity, a house that had been sitting on the market for years,” Al Nur said.

In a statement, Al Nuhr said it did not know who the buyer was or where the house would go.

“This property was sold in September 2018 to a new buyer who will be the sole ownership holder of the property,” the statement read.

“Any sale of the house must be done through an attorney to ensure full and fair disclosure of all legalities involved.”

Al Noun said he was not a lawyer and had no legal obligations to Al Nouri.

“If someone wants to sell a property to me, I will take them to court,” he told Aljazeera.

“They will not be able get a court order against me, nor will they be able put up a legal defense.

It is my responsibility as the property owner to make sure that the house does not go back to the same owner.”

The former Alford agent told Fael that the former family member had been using the property as a place to rent out his family home to Chinese clients, but that the family did not have a mortgage on the house.

The property was “not worth a damn”, Al Nenur said, adding he was looking to sell and sell again.

“These are very nice houses that the Chinese can use,” he added.

“There is no need to sell them.”

The story was published on Al Jazeera English.

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