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Peggy Smelcer
Broyles Real Estate & Auction 
Cell:     423-312-7170
Office:  423-586-6103
Email: info@PeggySmelcer.com
Licensed in Tennessee
 
Prompt,Courteous  Service...
"It's What I Do!"

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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Hot, Normal, and Cold Markets

Hot Market

This is an extremely competitive market and is advantageous to the seller. Sometimes, homes will sell as soon as they are listed or even before homes are listed. Typically, during a hot market, multiple offers will be made on each home and more often than not, homes will sell for more than the asking price. It is even more crucial to be prepared and to be ready as a buyer when the market is hot. It can be easy to get caught up in the bid for a home, but if you are prepared (pre-approved, solid in price range, realistic about your needs), it is easier to remain focused on your housing needs and price range.

Normal Market

In a normal market, there is a fairly large number of homes available and an average number of buyers. This market does not necessarily favor the buyer or the seller. A seller may not have as many offers on their home, but he or she may not be desperate to sell either. Again, it is the buyer’s responsibility to be prepared. During a normal market, the chances to negotiate are higher than in a hot market. As a buyer, you can expect to make offers at lower than the asking price and negotiate a price at least somewhat less than what the sellers are asking.

Cold Market

In a cold market, houses may be listed for more than a year and the prices of houses listed may drop considerably. This market is advantageous to the buyer. As a buyer, you have the time to make an offer that works to your best interest. It is not uncommon to low-ball and to find that sellers are accommodating to meet your needs. Keep in mind that even though this market is a great time for buyers, you do not want to lose your dream home by being unrealistic. Your goal is to get your dream home at the best possible price.

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Testimonials Page

I'm so glad I saw you on fb. My husband and I brought our home and you were out realtor last January. We absolutely love our home it feels like it should have always been ours. It has changed on the inside so much. I would love to fb u some pic so u could see the difference. But by all means if you are ever out our way stop and see us. Thanks again for helping our dreams come true I hope you have a Merry Christmas. Dusty R
I want to thank you in a very special way for your help in selling our property in Sevierville, in such short amount of time, hassle free at a great price for today's market value with such professionalism. Jeanette S
I'm sitting here in my wonderfully bright kitchen, Jake outside puttering in his shed. Needed to let you know how much we love our new home. Thank you for all of your help!! Bernadine J.
Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional. Sue and John
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