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I have known and worked with Wendy for over 7 years. Wendy owned and sold a very successful marketing company prior to her becoming a real estate professional. Among other reasons, she succeeded because of her innate characteristics of attention to detail, professionalism, and high integrity. If one couples those characteristics along with Wendy’s expertise in owning and running a marketing company, without a doubt this allows Wendy to have unique perspectives in achieving the goals of a client. I fully recommend Wendy to anyone attempting to sell or buy a home, to an investor looking to find real estate with an above average capitalization rate, or any financial institution looking to move debt in real estate off their balance sheet.
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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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Which islands are considered the largest islands in the US?
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The Hawaiian Islands with 10,456 square miles are followed by Kodiak Island in Alaska at 9,510 square miles. |
 See More Real Estate Trivia > |
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Wendy Thrane
Weichert Realtors
West Virginia licensed: Gina Chatham Broker
824 John Marshall Highway
Front Royal, VA 22630
540-683-1597
Fax: 540-635-1631
WendyThrane@NUMBER1EXPERT.com
Top 5% of Blue Ridge Board of Realtors
President's Award 2008, 2009
Licensed in West Virginia
Gina Chatham, Broker
663
Potomac Station Dr.
Leesburg, VA 20176
703-777-3977
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