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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Michele Safford
Coldwell Banker Weir Manuel
41860 Six Mile Rd
Northville, MI 48168
248-675-1245
sold@michelesafford.com

Michele is a licensed Realtor with seventeen years of experience in real estate. Her primary areas of expertise are working with sellers and buyers and both family and corporate relocation. She is familiar with Metro Detroit and the Southeastern Michigan counties of Wayne, Oakland, Livingston and Washtenaw. In addition to her real estate license, Michele received her Bachelors degree from Michigan State University and her Masters degree from Oakland University, both in the field of education. She has taught all areas of special education, mentally, emotionally and learning disabled children. She has worked as a Vocational School Presenter. She resides in Northville and has four grown children.

For the last three years Michele Safford has remained the #1 Agent in the Coldwell Banker Schweitzer Northville office. She consistently stays on top of the market trends and has been working with a business coach for several years. With the constantly changing market sellers and buyers need to hire the best real estate expert in the industry. Call 248.675.1245 or email sold@michelesafford.com to meet all your real estate needs.

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