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If you are looking for a real estate expert and you want to find your own top real estate expert. Call me at:541-660-6006.

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Real Estate Tips
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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Real Estate Trivia
Q 
Where are church services held in the water each Sunday during July and August?

A 
At Half-Moon Bay, Ontario, worshippers gather in boats facing the natural stone pulpit, and hymnals are passed to the floating congregation by ushers in canoes.
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Michael Masters, REALTOR®, real estate agent and broker for Grants Pass, Rogue River and Medford, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Michael Masters
RE/MAX Ideal Brokers, Inc.

1820 NE 7th Street, Suite 100
Grants Pass, OR 97526
541-660-6006
Fax: 541-476-5637
michaelmasters@NUMBER1EXPERT.com

With sales of over 1500 homes and properties, Michael is recognized as the top selling real estate agent in Grants Pass, Oregon. His business experience includes commercial and residential real estate sales in southern Oregon, as well as leasing, lot sales, new home sales and green home sales in Southern Oregon. Michael and his teams have closed over 10,000 real estate transactions. When it comes to Grants Pass real estate, Michael Masters is the agent that home owners, investors, builders, developers, and banks with REO's call to solve their real estate challenges in order to get results.

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