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School Reports in Gatlinburg, Pigeon Forge and Sevierville, Tennessee
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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 
Over what famous building is aircraft forbidden to fly at any time?

A 
No aircraft is permitted to fly over the Taj Mahal in India.
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Jason White, REALTOR®, real estate agent and broker for Gatlinburg, Pigeon Forge, Sevierville Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

The Jason White Team
Century 21 Four Seasons Realty

1441 Wiley Oakley Drive
Gatlinburg, TN 37738
Office: 877-678-2121
Fax: 865-436-8982
jasonwhite@NUMBER1EXPERT.com

Jason combines his in-depth local knowledge with a family tradition of providing the best in real estate service to make your home sale or purchase a truly unforgettable experience. Simply put, Jason can make your “great adventure” a reality. As a service, Jason has put together this web site filled with valuable information on investing in area real estate. Specializing in resort and investment properties, Jason takes great pride in helping people discover a land so rich with opportunity.




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