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"The experience has been perfect in every way"
"The experience of purchasing our new home has been perfect in every way, thanks to you"
"Ken and Melissa Barclay"
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Need a Sparkling Clean Home?
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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 |
What four states in the Southwest are noted for having boundaries that touch.
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| A |
New Mexico, Arizona, Utah and Colorado, referred to as the "Four Corners", have adjoining boundaries. |
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Nicky Dou - Serving Northwest Arkansas and You!
Coldwell Banker Harris McHaney & Faucette
809 S. 52nd Street
Rogers, AR 72758
Cell: 479.236.3457
Fax: 866-888-0955
Nicky@NickyDou.com
Nicky Dou is America's NUMBER1EXPERT in Northwest Arkansas. Nicky services Bentonville, Fayetteville, Rogers, Lowell, Springdale, Bella Vista, Beaver Lake, and surrounding areas in Northwest Arkansas. She continues to be at the top of sales in Arkansas and is a native to the area. Nicky is anything but ordinary when it comes to marketing a property. She is an out-of-the-box thinker and utilizes technology and creativity in everything she does. Nicky is in the top 1% of all Realtors in Northwest Arkansas and works for the largest company in the Region, Coldwell Banker Harris McHaney & Faucette.
Nicky offers the highest level of service and dedication - Let Nicky make YOU her Number 1 Client in Arkansas!
Nicky Dou, Sr. Vice President, Executive Broker Coldwell Banker Harris McHaney & Faucette
ePRO, ecoBroker, AHS (Home Staging Specialist)     
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