STEAGALL, Justice.
Elinor Ellostein Wright, Margie June Wright, Ruth Alice Wright, and Sybil Thelma Wright (all sisters) contracted with Land Developers Construction Company, Inc. (hereinafter "Land Developers"), on October 10, 1986, for the construction of a house in Vestavia Hills at an estimated price of $253,728. The contract specifically provided for resolution of disputes or claims through arbitration.
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