Benefits of an Open House

Posted by on Friday, April 12th, 2019 at 8:13am.

Open House

Its time to sell your home!  This is about the time that you start decluttering, pre packing your beloved keepsakes, and trying to figure out what to do with the kids and the dog during showings. 

This is about when the panic starts to set in... but avoiding showings is not a great plan.  When people are ready to buy they want to see a potential home on their schedule, not yours.  However, there is a potential loop hole to try and get as many people in the home at one time in an effort to relieve some of that random showing stress: your agent can hold an open house, or two.

The benefits of open houses have been debated in the real estate community for years now. While it’s true that most homes are sold by private showings, there are good reasons for holding open houses.

The first criticism of the open house is the lookie loo. . So what? The point of an open house is to get people into your home. They might know others that are looking for a home, or sometimes they don’t realize they are ready to move until they see what they want. We want that special house to be yours.

So what about the argument that real buyers will arrange a showing with their own agent and that makes the open house unnecessary? But more often than not, those showings are on weekends. If you are holding an open house, those buyers and their agents will have the opportunity to meet your agent. No one will be able to showcase your home as well as your agent.

Finally, there are those buyers who do not want to talk with an agent. Open houses allow them to get into your home and see it. The more people that come through your listing the better your chance of selling, period! Open houses are one of the easiest ways to get local prospects into your home.

The bottom line is marketing and strategy.  With an open house comes a ton of marketing.  From social media, open house signs, email blasts, REALTOR® word of mouth, door knocking, and more, marketing a home helps sell a home.  Talk to your REALTOR® about open house and showing strategies so that you can be as prepared as possible and they can market your home strategically.

Questions or Concerns?  Email me: Krystal@westandmainhomes.com

 

 

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