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Open Houses

By
Real Estate Agent with Genesis Heritage Real Estate

Today I have a brokers' open at my new listing at 17 Greenhouse Lane and then Sunday I have the public open house there from 1-4.  Many may think that open houses are just a waste of time.  As I've said in previous blogs, the key to your relationship with your sellers is communication.  If open houses do nothing else but make your sellers happy (isn't that our goal?) then they are well worth the time spent.  Other things being equal you may develop a relationshiip with someone who walks through the door during the open house (buyer or prospective seller).  Open houses are also advertised in the newspaper, so it gives more exposure to your listing.  Any port in the storm, as they say.

I will continue to do open houses as long as my sellers want them.  The diversified effects that come from them are priceless,

See you Sunday sometime between 1-4.

Margo

Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Margo - I completely agree!  We have all had Open Houses that had little to no traffic but it makes the seller happy and you have to admit, if they are SLOW open houses it gives us the opportunity to brainstorm the current listing we are sitting in and come up with even MORE creative ideas!

Feb 16, 2010 10:54 PM
Marcie Sandalow
Marcie Sandalow, Compass 301.758.4894 - Bethesda, MD
Bethesda Chevy Chase DC real estate

Open houses are a great way to take a pulse... do people like the house?  Is the pricing right?  Providing sellers with buyer/agent feedback is priceless.  Open houses also make things easier for agents who can't head out on a Sunday afternoon with more than one client at a time.  I'm a big fan. 

Feb 16, 2010 10:55 PM
Terri Poehler
Realtor - Coral Springs, FL
Coral Springs Real Estate Agent

Open Houses do work. I have experienced it. The buyer walking in may not be the one but they tell somebody. And the neighbors are free advertisement.

Feb 16, 2010 11:04 PM
Terri Poehler
Realtor - Coral Springs, FL
Coral Springs Real Estate Agent

Margo,  that's a great idea!  Giving them their OWN time. I love it!

Feb 21, 2010 11:17 PM