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All agents are NOT alike! Find out why we are top real estate experts. Call us: 314-504-3212. We sell a house every 2 days!
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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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"You did a great job!" I feel one of the most imortant things you can do is return a phone call as soon as possible, and you did so. I see very little room for improvement Read Quote > View All Quotes >
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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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| Q |
In what U.S. home can you find the world's largest refrigerator magnet collection?
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| A |
Louise Greenfarb of Las Vegas, Nevada has 35,000 unique fridge magnets that she has been collecting since the 1970's. |
See More Real Estate Trivia > |
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Jim and Kate Potterfield RE/MAX Results 6407 Hampton Ave St. Louis, MO 63109 Phone: 314-504-3212 Fax: 314-352-7655 Office: 314-352-7770 Email: jimpotterfield@NUMBER1EXPERT.com Email: jpotterfield@hotmail.com
Hi! We're Jim & Kate Potterfield and we are eager to help you achieve your Real Estate goals. We want you to be happy with our service, We have 3000+ happy customers-we want you to be one too! Our office manager, Tammy Sessler will ensure that your transaction is handled to your satisfaction. Our motto is" Experience... the difference! 
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