You’ve probably seen signs around the area for Open Houses. You may have even attended a few. These are open invitations for potential buyers to drop by on a certain day and time, to check out the property and get more information.
When you’re listing your home for sale, you might wonder whether you’ll need to have an Open House.
To answer that question, you’ll need to consider the pros and cons. Planning and hosting an open house isn’t as easy as it may seem. There’s a lot of preparation involved. In addition, you’ll likely spend hours making your property look its best and you’ll need to be away from your home for a good part of that day.
That being said, an Open House has many advantages.
It helps showcase features of your property that may not come across well in advertisements and listing descriptions.
It attracts potential buyers who, for any number of reasons, might not otherwise call to view the home.
It generates a buzz and publicity about your listing.
However, an Open House might not be necessary if there is high demand for properties like yours and you’re likely to get multiple offers.
We had a bit of flack from people when the market was at its busiest. People in general do not like to wait....and it was out of the norm. In general people are used to being able to walk through an Open House on their own freely while other people are milling about. We at the Bettina Reid Group have never done things in this manner, for 2 reasons - our own personal safety and the safety of our clients homes and their belongings. During the craxy amrket where we could have from 20-100 people or more walking through an Open House we felt it was even more imperative that we only allow a certain number of people through at one time. Overall this was well received, but more importantly our clients appreciated it!
It is our promise that we will continue to run our Open houses in this manner as long as we are practicing real estate. Our committment to you the public, that we have your best interests in mind!