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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 has been described as the world's most beautiful building?
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The white marble Taj Mahal in India was built by the Mogul emperor Shah Jahan (1631-53) to enshrine his favorite wife. |
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Lisa Henry-Weaver ,BROKER, GRI, CRS and Lola Lowen Coldwell Banker Jane Henry Realtors 2710 W. FM 544 Wylie, TX 75098 Lisa Direct: 972-839-7227 Lola Direct: 972-342-5651 Fax: 972-442-6152 Lolisa@NUMBER1EXPERT.com
Lisa and Lola have been a Top Selling Team for Coldwell Banker Jane Henry Realtors since 1999. Exceptional personal service and commitment to your success is their principal goal. Lisa and Lola have implemented many innovative marketing ideas to sell your home quickly. Their skills and effectiveness in negotiating brings results every time. Call or email Lisa and Lola today! MULTI-MILLION $$$$$$PRODUCERS!!!! 
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