Saturday, August 26, 2006

Market Price?

What is market price?

It is not the seller's asking price.
It is not the price suggested by a real estate agent.
It is not even the value determined by a professional appraiser.

Market price for a home is simply what a buyer is willing to pay the seller for a home. When the buyer and seller both agree to the price at the end of the transaction, then true market value has been achieved.

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