Tuesday, March 4, 2014

Why Open Houses are More Relevant Than Ever

With the availability of virtual tours and online videos, open houses might seem like a quaint concept. However, having an open house is still a crucial part of the selling process. It offers more benefits than just the chance to let potential buyers browse through your home.
One of the most important advantages of having an open house is that it gives you an idea of roughly how many people are interested in your home. A busy open house means that the price your home is listed at is in the right range, and it also means that people are drawn to your house for other reasons, such as its size, the neighborhood or its proximity to good schools or public transportation. A slow open house could indicate that you’re asking too much for your home. It might also mean that you need to redo the listing and focus more on emphasizing the best aspects of your house, as well as local amenities that could help it sell. A little more fixing up, rearranging or cleaning could also be in order. With this in mind, follow my 12 simple steps to staging your home in next blog.
Open houses, even busy ones, don’t guarantee a sale, so don’t feel bad if you don’t get any offers on the spot. Interested buyers might wait and contact your real estate agent to ask for a private tour or more details on your home.
Need advice on setting up an open house and improving your chances of attracting more potential buyers?

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