Home Selling in Asbury Park>Question Details

Bill Collins, Real Estate Pro in 07712

Hello, Our Condo board recently passed a resolution banning open houses. What is the impact of this resolution is on selling a unit in our building.?

Asked by Bill Collins, 07712 Fri May 3, 2013

They did not seek the advice of a real estate professional before passing this resolution.

Help the community by answering this question:

Answers

5
Well, if you believe the statistics on Open Houses, the impact should be minimal. Most Open Houses do not sell the property. There are exceptions, but that's the rule. Broad marketing, especially on the internet, sells the property. Exposure, especially beyond a little sign and balloons in front of the property, are the key...
1 vote Thank Flag Link Fri May 3, 2013
There really isn't much you can do unless a majority of the homeowners are on board to have it overturned and request it. While it may impact your efforts to sell your home there are other ways to sell a home without an open house. If you are planning on selling your unit, discuss alternative plans of action with your realtor to get your home sold.
0 votes Thank Flag Link Wed Jun 5, 2013
You could still have an open house with out signs. When advertising note that all must call to confirm.
They can't stop you from showing your place.

With that mentality I can see why you want to sell.
0 votes Thank Flag Link Fri May 3, 2013
Thank you Andrew for your reply to my question.
Flag Wed May 8, 2013
Classic error in judgement - those in power will change their tune when it is time for them to sell. My advice is to ask what the issue is and address that rather than ban Open Houses altogether. For instance, if it is security, find a solution. If it is signs not being picked up promptly, then design a rule for that.

Anything that reduces the exposure of your home when it is time to sell is not helpful.

Good luck and best,
Jeanne Feenick
Unwavering Commitment to Service, Unsurpassed Results
0 votes Thank Flag Link Fri May 3, 2013
Bill:

Sounds like you may want to discuss this issue with a real estate attorney. Perhaps he could find a loop hole for you.

Best of Luck;

Christina Solorzano;
CEO & SR Credit Repair Specialist at
Everlasting Credit Repair
Ex-Mortgage Broker of 10+ years
http://www.everlastingcredit.com

We also have DIY Packages available.
0 votes Thank Flag Link Fri May 3, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer