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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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The Mike Kight Home Team
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Meet The Mike Kight Home Team
With thousands of Realtors in the Austin area, my team and I know you have many choices in choosing a Realtor. I've been a full time Realtor since February 1997. Since then I have established a great track record of always putting my client's best interests first and foremost. We have excellent knowledge of market trends and expert negotiating skills. When you are buying or selling property in today's real estate market, it's important to have confidence in your real estate professional. As greater Austin area experts with knowledge of the communities, our goal is to work diligently to assist you in meeting your real estate goals. Please remember, as a buyer or seller, you are never locked into a long term agreement. We have to earn your business each and every day. Please Sign Up For The Latest Listings and the Latest Real Estate News
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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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