After the real estate bubble burst in 2008, it seemed like foreclosed houses could be found in almost every neighborhood across the country. The number of foreclosed homes reached an all-time high in 2010 but has steadily decreased each year since. Nevertheless, as long as there have been mortgages, there have been people unable to pay them. Buyers can get a bargain buying a foreclosed home. But if they’re not cautious, they can get more than they bargained for.

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Believe it or not, most realtors still encourage open houses. Far from being obsolete, they can be a great way to showcase a home when they’re managed by a competent real estate professional.

To understand why that’s the case, it helps to understand the psychology of how people buy houses, even with today’s modern technology.

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Have you heard the news? Berkshire Hathaway HomeServices Select Properties was just named #2 Top Workplace in St. Louis by the St. Louis Post-Dispatch in the large business category! Select Properties was chosen due to our ability to outperform our peers and exemplify what employees value most in the workplace. We are beyond excited to receive this recognition and stand out as one of the best businesses in the city.

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Being a real estate agent is tough work. Their days are filled with showings, closings, writing contracts, working with a variety of clients, and so much more. It can be tough for them to get a minute to themselves, let alone market homes in the communities they serve to the best of their abilities. Fortunately, your Select Property agent can better assist you with your real estate needs, thanks to a new tool called Agent Icon!

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