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Welcome! Here You Can Find Great Information on Emerald Coast Real Estate  Looking for Distinctive Real Estate? Search everything the web has to offer right here! A great place to start would be our Feature Homes. Need local real estate information? We can give you the expertise you are looking for! In fact, we've summarized so much of what is important about the Emerald Coast Real Estate market in this site. The Emerald Coast is Northwest Florida's rare gem. With our beautiful white sand beaches and easy-paced living, we are the perfect playground for couples and families! Check out our picture gallery to see why USAToday.com has named us the "best beach in America"! Need expert advice? No web site, large or small, can take the place of a REALTOR. Not even mine! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR REALTOR. As your trusted, professional real estate partner, we will help you find the best home in your area within your price range. And together we will sell your home for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. Please let us help. Call us at 1.800.775.5914.
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About Appraisals >Fair Market Value
What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?
The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.
By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.
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What are considered the ideal conditions for a seller's market?
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In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS. |
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