David is a native St. Louisan, having grown up in West County and now living with his family in the Shaw Neighborhood. He has been a commercial banker for most of his 20 years in business, and entered the real estate business due to his interest in the wonderful houses in the city of St. Louis. I'm partial to brick and stone, and I have lived in several bigger cities with a lot of history. I have also visited most of the other bigger, older cities, and I know of no other place that has houses with as much character and rich architectural craftsmanship as the houses here in St. Louis. Thank you 1904 World's Fair! People are rediscovering their charm. And the good news/bad news is that our slow growing economy has kept these houses affordable for nearly everyone, Kennebeck said.

David believes that real estate agents and commercial bankers share a few similarities: both are involved in meaningful financial transactions which require a professional's guidance, both offer core services that are commodities, and both are distinguishable only by the extra service and guidance the professional is capable of providing. From years of experience marketing banking products, which are at their core commodities, David has learned the importance of listening, offering sound advice, providing quick turnarounds, and a competitive price in order to stand out from the crowd.

The abilities and efforts of real estate agents vary widely, as does the need for those talents on a particular home sale. Some houses are in outstanding condition and in desirable areas, and they sell themselves. Others require much more time and creativity. I think agents are overpaid on some deals, and I try to weigh a particular property's market position and the homeowner's desired price before deciding on what my fee will be, says Kennebeck.

David graduated from the University of Colorado, Boulder in 1986, with a Bachelor of Science in Finance, where he was also a member of the Colorado baseball team. Mr. Kennebeck grew up wanting to be a major league baseball player, not a banker or a real estate agent, but he has made this transition smoothly. David loves the St. Louis Cardinals above all other sports teams, and he thinks that the new ballpark downtown will further development and activity there and in other parts of the city (read: increasing real estate values).

After working for large banks in Chicago and New York, David returned home to St. Louis in 1992 to work for what was then Boatmen's Bank. David was also a vice president in commercial banking for Commerce Bank in St. Louis, and he is involved in the creation of a new bank that is expected to be open for business in September 2005.

• Member National Association of Realtors®
• Member Missouri Association of Realtors®
• Member St. Louis Association of Realtors®
• Member MLS (Multiple Listing System)

Contact Information:
Office: (314) 773-5700x58
Cell: (314) 226-3663
Fax: (314) 773-6135
Email: david@naertrealty.com