"A much overdue thank you."
"A much overdue thank you for all yoour help securing the house." "It definetley took your pushing to make everything happen on such a tight schedule. Come visit..."
"Susan & Bill K."
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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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| Q |
What is the world's longest wall?
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| A |
The Great Wall of China, at a length of 2,150 miles, nearly three times the length of Britain. |
See More Real Estate Trivia > |
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David Witt and Kerry Cahill-DeFuccio Weichert Realtors 9 West Main Street Clinton, NJ 08809 Tel: 908-447-2006 Fax: 908-537-9913 Email: davidandkerry@NUMBER1EXPERT.com
David Witt and Kerry Cahill-DeFuccio share the common goal of delivering superior service to every one of our clients every time. Our unparalleled dedication to our clients� best interests, whether buying or selling a home, is what sets us apart from our competitors. In this fast changing real estate environment it is more important than ever to have the best representation possible. Contact us today so that we can show you how our award winning, top producing team can help you achieve your real estate goals. 
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