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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 weighs 320 tons and is considered the largest single block building?
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| A |
Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid. |
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Sandy Thompson
The Beach Belles
Prudential Shimmering Sands Realty
7923 Panama City Beach Parkway
Panama City Beach, FL 32407
(850) 303-1825
Fax: (850) 235-9003
SandyThompson@NUMBER1EXPERT.com
Now is a great time to buy in Northwest Florida! Our new international airport is scheduled to open in May, 2010, bringing new jobs, easier access, international visitors, and rich opportunity. We specialize in all types of real estate: residential, condos, investment, second homes and resort, development properties, and also commercial. Our goal is to offer our customers a singularly wonderful customer service experience!
I have recently completed training and received my designation as a Certified Distressed Property Expert...an achievement of which I am very proud. Over a dozen Prudential agents in our office invested our time to become more experienced and competent in helping homeowners avoid foreclosure. Many people don't realize that there are viable alternatives to foreclosure and bankruptcy. If there is anyone you know who may be in need of assistance, please let me know. I may be able to help!
For buyers and those of you relocating, please call or e-mail for our list of foreclosures and short sales. We can help you find the perfect property for you and your family.    
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