By The A-Team | Mar 26, 2018 | Seller Advice
The first and most obvious benefit when it comes to having an open house is that it attracts potential buyers in your home. A recent post from Metro San Diego Realty explains why the open house draws:
As a seller, being able to increase the chances of selling your property is a good thing. It goes to reason that having more people in your home increases the chances of an offer.
It Attracts Potential BuyersIt is true that some people will show up to an open house just because they’ve always wanted to see what the house is like—they have no intention of buying. While there may always be a few of these people at open houses, there are also many potential buyers who go to open houses. Plus, there are instances in which someone is just there to see the property, but falls in love with it and decides to move!
Some potential buyers may not have your home on their list to look at, but if they see you’re holding an open house, they might step in. San Diego open houses are seen as being less formal than asking an agent to see the house—it’s not a private viewing, so people see it as something more accessible. Even if your home doesn’t match up with their idea of their dream house, they’ll stop in because they aren’t asking a Realtor to take time out of their day to show the house. Once inside, they may find that your home is more in line with what they want than they originally thought. Via metrosandiegorealty.com
Next, you can choose your own timing. It's up to you when to schedule your open houses, making you less likely to get caught off guard by buyers looking for a showing:
This is an important benefit of having an open house. Freedom to decide the date and time gives you the chance to prepare the home.
You choose the timingMuch has been written about both the benefits and drawbacks of open houses, but there is a lot to be said for showing your home in this way.
Some weekends see a lot of open houses, while some see very few. Make sure that your listing is one of them! If you are looking for a lot of bang for your buck, holding an open house has the potential to put your home on the real estate map. By working strategically with your real estate agent to schedule and organize a successful open house, you may just get a jump start on that sale. h/t signaturepremier.com
Lastly, it's a time conscious strategy. There are those home sellers who don't have a lot of time to sell, so having an open house can help ease the selling process. A recent post from DC Real Estate Guru shares why an open house can save you a lot of time:
It's not a guaranteed strategy, but if you're looking to sell fast, open houses can help even the odds.
It is a time-conscious methodOpen houses has long been a staple of the real estate buying/selling process. It has long been debated if it is truly beneficial for the home seller or if it is just a tool for real estate agents to pick up leads for themselves. In this article, we take a look at the benefits to the seller and how it can play a major part in driving the sale of a home.
Open house viewing is a very economical method in terms of time. As a seller, you do not want to experience the agony of having to respond to the same questions posed by buyers every other day. Since all prospective buyers view your property at a go, you get to respond to their queries all at once. This is in contrast to majority of other house selling methods which demand that the seller handles each prospective client independently. This consumes a lot of time since a seller has to allocate time for each client prolonging the process of selling property. read more at dcrealestateguru.com