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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 
What document must lenders provide within three days of receiving your application for financing?

A 
The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan.
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The Coldwell Banker Winthrop Realty Team
503 Hwy 20 South
Winthrop, WA. 98862
509-996-2121
800-321-4482
Fax: 509-996-2123
Email: thecbwinteam@NUMBER1EXPERT.com
The Coldwell Banker Winthrop Team, REALTOR®, real estate agent and broker for Mazama, Winthrop and Methow Valley, Washington home listings, property and land for sale - NUMBER1EXPERT
One Team. One Goal. Providing the Best Real Estate Service in Washington’s beautiful Methow Valley! Our team is the top producing real estate company in the Methow Valley, including the towns of Winthrop, Mazama, Twisp, Carlton, and the surrounding areas. We specialize in mountain homes and cabins, ranches, condos, investment properties, and land. We provide old-fashioned service with state-of-the-art technology to help you find your special property. With many years of experience buying, selling, and developing real estate, you will get what all our clients come to expect—the very best. Representing both buyers and sellers, we will provide you with an in-depth consultation on any aspects of your real estate transaction. The Coldwell Banker Winthrop Team is your BEST choice in real estate. Call or email us today!
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