|
All agents are NOT alike! Find out why I am really THE CENTRAL VALLEY'S FAVORITE REAL ESTATE BROKER! Call me at 1-800-921-1900 Ext.299.
|
Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
Christine Papworth is one of The
Top Selling Real Estate Experts Find Out More > |
|
|
 |

Please Sign Up For The Latest Listings and the Latest Real Estate News
Pricing >The Value of Your House
One of the sayings from the "gold-rush" days--"Them that's got the gold, sets the price!"--is also a principle that applies to real estate. We say that a house is only worth what someone will pay for it, even though the owner, the bank, and the agent all have their own opinions about the "market value" of a home. In other words, no sale ever takes place until the buyer agrees with the price.
How can sellers arrive at the maximum "fair" price that buyers are willing to pay? Buyers (and appraisers) make their decision based on comparisons. While shopping for a home, buyers will visit many similar homes in their price range and measure the features of each one against the price. They decide which house offers them the maximum value for the price. Buyers do not expect a home to be a "steal" or dramatically under-priced, but they do expect it to be a fair value.
Sellers must determine the value that their home offers in order to arrive at the right price. The real estate agent will advise the sellers what buyers should be willing to pay for their home, but the asking price is set by the seller.
|
| Q |
Which U.S. hotel has more fountains than any other hotel in the world?
|
| A |
The Bellagio Hotel in Las Vegas, Nevada has more than 1,000 fountains embellishing an 11+ acre artificial lake.
|
See More Real Estate Trivia > |
|
|
For
Agents Only The Real Estate Doctor one time short sale prescription
download No Refills!


|
|