
"Thanks again for all you have done for us." "Due to your persistence and great salesmanship, not only did you sell our house in a “down” market, but you were able to get us a fair price." --Jon & Judy Busse Read Quote > View All Quotes >
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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.
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What is considered the world's tallest building?
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The 185-story CN Tower in Toronto, Canada is the world's tallest free-standing building, rising to 1,815 feet. |
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Loann Barter Carol Jones Realtors P O Box 2061 Branson West MO 65737 Toll-free: 866-338-0099 Office: 417-338-2022 Cell: 417-294-1600 Fax: 417-338-9999 Loann@NUMBER1EXPERT.com Loann@LoannBarter.com
I consider myself “Your Realtor®”. You will receive expertise, professionalism, integrity, honesty, loyalty, service, and knowledge of the Tri-Lakes area and its real estate market in any transaction with me. Because I love selling real estate and I love the Tri-Lakes Area, I am committed to the highest standards in my profession. I will rest only when the job has been done to your total satisfaction. 
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