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Ask Anything: Salt Lake City, Sandy and West Jordan Utah home buying, real estate listings, and homes for sale in Salt Lake County, UT

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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 information does nearly every state in America require the seller of a home to reveal to the buyer?
A	Most states require disclosure of any existing problems or conditions that could affect the value of the house.
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Doug White and Kip Swan, REALTORŽ, real estate agent and broker for Salt Lake City, Sandy and West Jordan Utah home listings, property and land for sale - NUMBER1EXPERT(tm)

Doug White and Kip Swan
Assist-2-Sell 1st Advantage Real Estate
4235 South Highland Drive
Holladay, UT 84117
801-438-2600
Fax: 801-880-0808
Direct Line for Doug: 801-438-2600
Direct Line for Kip: 801-438-2600
Email: Info@SellSaltLake.com
Team Assist-2-Sell! Whether you are buying or selling a home, our #1 priority is your satisfaction. Between the two of us, we have over 20 years of combined real estate experience and a lifetime of experience in related business fields. What exactly is it that you are looking for in a real estate agent? We ASK you what you want and then LISTEN to what you say. We are committed to delivering the kind of real estate service you want and deserve. The proof that it works is in the referral business that comes from satisfied clients. As full time Realtors(R), we list and sell homes throughout the Salt Lake Valley, work with both the new home and pre-owned markets and are as comfortable working with the frequently moved corporate executive or the first-time home buyer. In the constantly changing world of real estate, Team Assist-2-Sell signifies our commitment to providing 1st Class service to our customers. Buy with Assurance ... Sell with Confidence!

Assist2Sell America's Lead Discount Real Estate Company.

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