An open house is one of the ways to sell a home!! Simply throwing a sign in front of your house on Saturday won't sell the home; it takes prep, invitations, a properly presented home...a lot of work to make an Open House successful.
Remember an open house is one "tool" to move a home from listed to sold.
Open houses can be a great help, but it depends to a VERY LARGE EXTENT how the open house is conducted. There is a common train of thought, that open houses are for agents to get "other than your buyers", and to troll for other listings. This is true to some extent, but does not tell the entire story or value of an open house. With a well thought out marketing plan, an open house may generate a buyer on the spot. I listed 2500 Garth Way earlier in the week prior to a Saturday Open House. My marketing efforts showcased that home to nearly 18,000 viewers. Two hours before the open house was complete, I had two offers in hand, one written on the hood of the car in the driveway. A third offer came in the following day, resulting in a contract with a higher than asking price for the home. Total on-market time less than a week.
You'll get a ton of responses to this post, each of us desiring the opportunity to serve you. If you would like to know more about my market strategy, and how it might apply in your situation, give me a call at 757-752-8095, or e-mail Robert@Trustworthyagents.com
Contact me anytime at (757) 513-0434
Ann Markley, Military Relocation & Seller Representative
Rose and Womble Realty
Would be happy to help and look forward to hearing from you!
Jordan Ann Hammond
William E. Wood & Associates
Being prior Military myself, There are a few tricks to the trade working around Military life schedules that some may not understand. If you would like any advice or tips feel free to give me a call anytime.
I hosted the 2nd open house and had 15 people come through and at the end of the day I had 2 families that made offers! One fell off and we have an excepted offer and going to inspections and contact within the next week!
I never thought I would sell one form hosting an open house and now I'm a believer for sure!
Nora L. Walsh, Realtor
(757) 277-1023 (cell)
(757) 547-1234 (office)
Licensed in Virginia
Open House can be disruptive to the owners and an inconvenience. Some Realtors don't like them they are time consuming.
But there are some very good reasons to hold Open House..
Your home needs as much exposure as possible, you never know where a potential buyer will come from.
The neighbors will be talking to each other, their friends and family about the house, a buyer can easily come from a source like that.
agents often attend with their buyers, so it gives them another opportunity to consider the house.
If you would like some help please don't hesitate to call for a consultation-- 757-620-7294
Rose & Womble Realty
Open houses are a great tool because they get "a buzz" around the neighborhood and get traffic in the door. That is your ultimate goal. The more potential buyers that see your home, after prepping it to show well, the more of a chance for an offer.
Marketing your home with a realtor is the best way to get it priced right, staged correctly for an open house, and get more exposure with the MLS. This way more potential "pre-qualified" buyers will preview your home. Plus, the realtor will help you negotiate an offer and help with the task of all of the paperwork.
Good luck on the sale of your home! Please contact me or any other professional. I can help you with every step of the process.
Terry M. Smith
Rose and Womble Realty
Though Moving Advantage can aid you financially, you need to verify that it is the right move. Money can be lost where it was thought to be a savings.
Licensed in VA & NC
Lots of great responses from all the professionals who have responded.
In regards to the effectiveness of open houses, this is greatly dependant on the community. If easily accessible, desirable and with little turn over, an open house, properly implemented, can prove the most efficient way to sell your home in a restricted time window.
Have a discussion with your Realtor (r) speciificly focused on buyer origination. This is an essential understanding for a properly implemented open house that is result, not fishing, focused.
Best of Success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
There are a couple important keys to selling your home. The first and most important is understanding the value of your home. Pricing your home correctly is critical.
I am both a Realtor and a Licensed Appraiser and would be happy to meet with you to discuss what your home is worth for no charge. We can chat briefly about what I would do as a Realtor to sell your home, and you can decide what course is best for you to take. (I once had a window salesman hold me hostage in my own home for 3 hours with his sales pitch! I will be brief and answer your questions if you want to meet - lol!)
To answer this specific question, an open house can help generate interest in your home if advertised correctly. The statistic are low for an actual sale from an open house, but it does happen and you are only looking for one buyer.
Hope that helps!
Jo Anne Gallant
Realtor / Licensed Appraiser
Exit Realty Professionals
To answer both of your questions.
First question MLS is great, because it puts your home in front of thousands of agents, which then we tell our clients about the home we find on the MLS.
Second question, open houses are great because it gives customers that are looking more comfortable, they do not have the pressure of a agent bugging them. I would like to help you out with any advice I can give to you, and answer your questions you may have to list your home. I am a military spouse and I know the feeling of getting up and move to another location.
William E. Wood & Assoc.