Kathy Ebert, Both Buyer and Seller in Saint Louis County, MO

Is an open house necessary? I don't want non buyers and neighbors on my new carpet if not necessary!

Asked by Kathy Ebert, Saint Louis County, MO Tue Mar 31, 2009

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Dale & Michelle are right on: open houses have a lower probability of securing the buyer who writes a contract but they are still an important part of a successful marketing strategy. I am not sure if you will be represented by an agent or not but in the case that you will be representing yourself, an open house can be especially important. On "For Sale by Owner" homes, buyers often feel uncomfortable making an appointment to see the house if they know that the owner will be there when they look at it. An open house creates a more laid-back atmosphere for them. Although I would most certainly recommend that you work with a real estate professional rather than trying to sell on your own, I would be happy to give you some information with helpful tips on holding a successful open house. Just let me know and I would be happy to email it to you.

Web Reference: http://RCWMeyer.CBP1.com
0 votes Thank Flag Link Wed Apr 1, 2009
I concur with Michelle. while open houses don't find a lot of buyers for a particular home, they do find some of them so ruling them out means that you rule out part of your buyer pool. Often we find that neighbors know people who want to move into the neighborhood. Agent open houses are critical to the effective marketing of a home though, without those you are seriously not marketing your home
Web Reference: http://www.YourSTLHome.com
0 votes Thank Flag Link Tue Mar 31, 2009
Open Houses are not required when selling a house. However, you never know where your buyer is going to come from. Those neighbors who come through the house, might know someone who is looking for a home in their neighborhood. Word of mouth advertising is valuable. Real estate is a numbers game - the more people that look at your home, the better the chance you have of finding a buyer.

The odds of the agent holding the house open and actually writing the contract for the buyers is very low. Although one of my listings was sold in December, by another real estate agent, who's client looked at it during my open house. In today's market, I feel you need to utilize every avenue available, to get the buyers to look at your home.

Open houses are a great way for real estate agents to meet new buyers and get their contact information. I believe that having a large number of buyer contacts, is also valuable to the sellers.

I understand that you want to keep your new carpet looking great - You may want to offer the people looking at your home disposable booties that slip over their shoes.
Web Reference: http://LetsGetItSold.com
0 votes Thank Flag Link Tue Mar 31, 2009
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