Fort McMurray, Gregoire Lake and Anzac Alberta real estate listings, home buying, selling and relocation information

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About Me: Fort McMurray, Gregoire Lake and Anzac Alberta home buying, real estate listings, and homes for sale in County, AB

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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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Q	Where was the first hotel built in the US?
A	The Union Hotel (1802) Saratoga Springs, NY, is the first hotel emphasizing lodging and services, in addition to food and drink.
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Suzanne Anderson, REALTORŽ, real estate agent and broker for Fort McMurray, Gregoire Lake and Anzac Alberta home listings, property and land for sale - NUMBER1EXPERT(tm)

Suzanne Anderson, REALTOR
RE/MAX Fort McMurray
9919 Biggs Avenue
Fort McMurray, Alberta Canada
T9H 1S2
Cell Phone: 780 713-9178
24 hr Pager: 780-713-9178
Fax: 780 743-4369
Email: suzanneanderson@NUMBER1EXPERT.com
With more than 20 successful years of sales & marketing experience, Suzanne Anderson, a licensed REALTOR in the Province of Alberta, has established a solid reputation due to her proven track record as a consistent Top Producer in Fort McMurray. By hiring Suzanne Anderson, you are hiring the best and signing on for quality and comprehensive service from beginning to end! Suzanne specializes in working with buyers and sellers as a dual agent for her companys in-house listings. Suzanne is a multi-million dollar producer and is recognized in the RE/MAX Sales System as a consistent top producer, belonging to the RE/MAX Chairman's Club, Hall of Fame, RE/MAX Platium Club and MLS Tripple Platium Club and in Top 1% of RE/MAX REALTORS Worldwide (2007). No matter what your real estate needs are, give Suzanne a call today and start packing! Referrals Welcome!



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