The Process

Buyers Compare Properties
Homebuyers engage in comparison shopping. They will not pay more for aproperty than they could pay for a similar one. Buyers who are beingrepresented by a Realtor? will have access to market informationincluding competing properties and recent sales.

Market Value
Yourhouse has many values to the tax assessor, your lender, your insurancecompany, and to you. It also has what?s called ?Market Value? toprospective buyers. The best price obtainable can only be determined bytesting the market and challenging the competition. In the end,themarket dictates the value based on current conditions, number of homes,buyers, etc.