I have an overpriced listing which the owners refuse to reprice. Another mistake, thinking that owners would re-price during the listing. Nonetheless, I decided to hold a mini open house at the listing, not to sell it but to see who might stop by (i.e. to get leads). Good thing I did. The first person to visit was another neighbor/owner who had called me the day before. She'll be ready to sell in about 3 months (original owner). We sat & chatted for a bit & she left with some information on the house, the market, my newsletter, etc. The only other visitor was also a neighbor--who happens to invest in properties. She's interested in the house for her mom. Another visitor with promise.
Normally, open houses are unproductive but I consider Saturday's effort very worthwhile b/c it brought me face-to-face with a prospective seller & buyer. And that's what it's all about.
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