Open houses can be a very valuable tool for home owners to get their home sold quickly and get lots of interest in their home in a short period of time. A open house is a time where the home is literally like it sounds…. open, for people to come in and look a the home that is for sale. It is there for anyone to look through, with or without a personal real estate agent (the listing agent should always be there to supervise and answer any questions about the home). Some people are intimidated by a open house, but there are many benefits to either hosting an open house or checking one out in your neighborhood. Here are the reasons why open houses are a great:
Lots of people
Open houses draw in lots of people– the serious shopper, the Sunday driver, the just-want-to-look-around person, just to name a few. The great thing about this, is you get several people through during a short amount of time. So for the seller; you don’t have to leave every time someone else wants to come in! You’re already out and have your home “showing ready” so you get the most amount of people to look through as possible in just a few hours of having your house open.
Immediate response
This is awesome if you’ve just listed your home. Imagine– you’ve got 5-10 people who’ve walked through your home to check it out and your real estate agent is there supervising the open house. They get to ask all the people who have looked through your home what they think and find out if they’re serious or not. Or find out if there is a common theme of something that may need to be fixed in order to appeal to buyers a little more.
Check out the neighbor’s home
If your home isn’t currently on the market, but are contemplating selling; an open house is a great opportunity to check out the home to see what the competition looks like. Not all competition is a bad thing, but especially in real estate it’s good to have an idea of what the house down the street looks like when you’re selling. So if you’re in this position, you can check out what extra features the competitor’s home has that yours doesn’t or vice-versa.
Get an offer
Just like a showing, it just takes one look around for some buyers to know that’s the home for them. And with that you can receive an offer quickly after having your open house, which is ultimately the goal of having an open house.
Some people are intimidated by hosting an open house, but it’s a valuable tool to use when selling your home. The benefits to having one are amazing if you are trying to get your home sold quickly, and with the right real estate agent, it shouldn’t be a huge hassle for you. If you want to know more about open houses or to sell your home contact Sherry!
