Seize opportunities and make wise investments —
Fely Quitevis-Bateman has worked in the real estate industry for nearly five decades now, beginning her career in Manila in 1974. Through her manual labor and determination, she was able to make a name for herself after moving to the United States. United.
The Nevada-based businesswoman started Precious Properties and has lived in Pahrump for 30 years. Pahrump is located in Nye County, about 60 miles west of Las Vegas and an hour east of Death Valley National Park, a place known for its extremes.
Over the years, Quitevis-Bateman has held positions in Nye County and she is proud of these roles, which she navigated with ease.
“I have been very proud of all the positions I have held, particularly as Nye County Commissioner where together with the other 4 commissioners we carefully worked out how to spend the county budget and the approval of different projects that have come to our table for approval,” she relayed.
Quitevis-Bateman invested not only his money, but also his time. She knew she had so much to learn in the industry and believed that to be successful she needed to invest in improving her mental toughness to build a successful business.
She went to Harvard Business School in Cambridge from 2005 to 2007 after being accepted from over 2,000 applicants to study the Owner/President Management Program.
“I was lucky to be part of the 6% who were accepted. My class was 21 days a year at $1,000/day and I had the honor of being part of a group of multi-millionaire business owners and a few of them are now billionaires,” she shared.
She makes it a point to learn from every position she finds herself in, whether it’s at Harvard or her hometown of Pahrump.
“I also learned some very important lessons as Commissioner of the Division of Aging. As a member of the jury selection, I was honored to have met and sat down with all the justices of the Supreme Court of New Zealand and selected a candidate who replaced an elected county judge de Nye who died a few months after his election,” Quitevis-Bateman recalled. .
The accomplished worker bought her first home in Pahrump in 1999, although she has been selling land in Pahrump since 1992 as a California broker.
Indeed, she has accumulated great memories in Pahrump, watching him grow into who he is today.
One of his favorite memories is when former President Fidel Ramos stayed with them in 2007 for a few days. “He was very happy to have gone gold at Mountain Falls Country Club,” she joked.
Despite her successful and colorful career, Quitevis-Bateman is proud and cherishes her humble beginnings and low-key profile.
She was born in Bugallon, Pangasinan and her father was a carpenter turned contractor while her mother was a simple housewife who looked after them extremely well. She is proud to share her father’s achievement in helping build high-rise buildings along Buendia Ave, Ayala Ave and Paseo De Roxas in Makati with her engineer, CPA and architect siblings.
Rise of Pahrump
Quitevis-Bateman chose Nevada because demographics showed Nevada was the No. 1 growing state, and it still is so far, she said. She saw the great opportunity available in Pahrump and the surrounding area, especially since Pahrump is the heart of the desert and the perfect place to enjoy the best of Southern Nevada.
She became a real estate agent in Manila in 1974 and arrived in Los Angeles in 1984 at the age of 41. She had several clients who wanted to retire in Nevada or Arizona, so she would do her due diligence and look for properties that retirees could invest in. The first property she bought herself gave her the idea that real estate is the best investment a person can have.
That’s why when she saw that the opportunities were plentiful in Pahrump, she decided to call it home. Decades later, a thriving housing market added to a huge increase in population that necessitated the opening of several new businesses to the public.
Over the past few years, several positive economic indicators have helped transform Pahrump into a sleepy desert town on the rise as it slowly emerges from the shadow of Sin City.
According to Kiplinger Letter, a trusted leader in personal finance, investing and economic forecasting, Nevada and Arizona are the only two states with population growth of up to or over 50% through 2040.
Nevada will continue to grow as expected, with Las Vegas being the entertainment capital of the world. Today, Quitevis-Bateman shared that a budget of about $12 billion is on the way, and some of it is currently under construction.
“Investors should consider demographics in their investment process. There are about eight taxes we don’t pay in NV, including state income tax. We offer entertainment, sports, fine dining, shopping, healthcare and more. Our international airport is one of the best in the country,” she explained.