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Pricing >If the Price Is Not Right

A real estate agent has shown you a house that you like a lot. There is only one problem--the price seems too high. In a situation like this, you can still make an offer that you feel is appropriate.

The real estate agent cannot tell you how much to offer, but he or she can give you information about the selling prices of similar homes in the area. The agent will present your offer to the sellers. They have three choices--they can accept, reject, or counter your offer.

If the house is a new listing, or if your offer is very low, they may decide to hold out for something better. Sellers frequently build a little negotiating room into their asking price. Prices that are not negotiable at the beginning of a listing period may become flexible as time goes on. If you want to test the sellers' flexibility, make them an offer.

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Q	What island was sold to Peter Minuit by the Indians for goods valued at 60 guilders ($24)?
A	Peter Minuit arrived with a group of Dutch settlers in 1626 and purchased what is now known as Manhattan.
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The Driver Team, REALTORŽ, real estate agents and broker for Memphis, Tipton County and Fayette County Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

The Driver Team
All Stars Realty / The Driver Team
2857 Shelby Street
Bartlett, TN 38134
DIRECT: 901-674-SOLD (7653)
Office: 901-387-1199
Fax:: 901-432-5445
Email: Driverteam@earthlink.net
The Driver Team understands the magnitude of your decision to buy a home. We understand that you have definite ideas about what features you are looking, and most of all, we understand that your time is valuable. We want your home buying experience to be fun and exciting. Our Team works constantly to improve our systems, process and services to go above and beyond the standard level of service provided by most agents. Simply put, our objectives are to get your home sold quickly with the least amount of stress. We strive to provide the best service available in the industry. We want you to be so pleased by our service that you gladly refer us to your friends, family, co-workers, and other people that you know who may be looking to buy or sell a home.

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