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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 is the world's most capacious building?

A 
The Boeing Company's main aircraft assembly plant in Everett, Washington, has been expanded to a capacity of 13.4 million cubic meters, or 473 million cubic feet.
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Kimberly Zimmerle, REALTORŪ, real estate agent and broker for Chapel Hill, Franklin and Spring Hill, Tennessee home listings, property and land for sale

Kimberly Zimmerle
Realty Professionals

103 South Horton Hwy
Chapel Hill, TN 37034
931-703-1434
Fax: 931-364-4225
kimzimmerle@BestImageAgent.com

Kim Zimmerle is a full time Affiliate Broker who has been buying, selling, renting and listing properties in the Middle Tennessee area. She has experience in rural and urban, residential and land transactions. She enjoys working with people and has a personal relationship with her clients and understands their need and wants. Her ambition as a realtor is meeting dreams and goals of her clients with integrity, knowledge, dependability, experience and trust. She also represents Prime Builders a custom builder specializing in the design and construction of homes created with unsurpassed craftsmanship.

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