“Amy Owens is a great realtor."
“Amy Owens is a great realtor. We needed her to find a house to accomodate 5 kids, and that wouldn't break the bank! We wanted a center hall colonial, we wanted 6 bedrooms, we wanted a garage, we wanted a master bedroom with an attached bathroom. We looked and looked, and looked and looked. Amy was so patient and was always cheerful as we went from house to house looking. Her patience and perserverence paid off... I was getting ready to give up when we finally found "the house". We moved in 2.5 years ago and we are very happy. In addition, Amy is a great resource for names of contractors, a/c installers, etc. I would recommend Amy to any of my friends, relatives or colleagues without any reservation.”
Beth and Andrew, Montclair, NJ
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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 most common name for a city in the United States?
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| A |
Fairview is the most common city name, according to the 1996 Top Ten of Everything Book. |
 See More Real Estate Trivia > |
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