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The Cost of an Open House - Theft

By
Real Estate Agent with RE/MAX United Real Estate

I was writing a blog post on my Outside Blog about an article in today's Washington Post about a "father/son" team that went to a bunch of Open Houses and pilfered the home owner's jewelry and took it to local pawn shops to unload it. 

Due to some good police work and getting the word out within the local Realtor community, the Open House thieves have been caught.  The Alexandria (VA) police are still seeking additional victims of the Open House thefts in order to wrap this case up.  You can find the phone number of the Detective on the case here.

This really brings to mind the dangers of Open Houses in the Internet Age. Most people can find all the information they want about a house on numerous websites complete with Virtual Tours. On top of that, a good buyer's agent can provide you with your very own, personal tour of any house at your convenience. You don't have to wait until Sunday to go.

Honestly, I've never quite figured out why people want to advertise to the world "I'm not home. The door is open. Come on in!"  Jewelry isn't the only thing.  Prescription drugs, crystal, sentimental keepsakes.  All of it is available for the taking.

In my book, if you want to let your neighbors know you're selling your house and you would like them to take a look at it, throw a party.  Heck, I may even throw it for you.  Just make sure you're there, too...and your valuables are in a safe place.

Sandy and Jay Souilliard
Keller Williams Realty - Wexford, PA

Not to mention the safety issue. It really is a crazy thing to do when you think about it.

Oct 06, 2009 07:46 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Ken..This was a problem here in Pa too a few years ago..Husband and wife well dressed ,robbing Open Houses.Let's face it Open Houses are more for agents to get clients then to actually sell the home they are having the Open house at..How many homes really sell because they have an Open house? Thanks for the info..

HELPFULHANNAH your friend in Philadelphia

Oct 06, 2009 07:56 AM
Ken Montville
RE/MAX United Real Estate - College Park, MD
The MD Suburbs of DC

Sandy and Jay -- no question about the safety issue.  It's a serious risk for a single Realtor to sit in an Open House for three to four hours.  You have  no clue who is walking through the door - some nice neighbor or the wacko serial killer they haven't caught yet.

Oct 06, 2009 07:57 AM
Ken Montville
RE/MAX United Real Estate - College Park, MD
The MD Suburbs of DC

Hannah -  You are absolutely correct.  Open Houses attract the neighbors who want to see your decorating style and the tire kickers.  Only about 1% of homes sell as the result of an Open House.

Oct 06, 2009 07:59 AM
Linda Powers
Resort Realty - Duck - Duck, NC
On the Outer Banks

Ken,

Thanks for this reminder. I remember years ago there was a warning to leave out of photos any items indicating a child was in the home. Now that was scary and it would be so much worse to let come creep look around on his own. It is so easy to see a great shot without realizing we are advertising more than the house.

I will hold an open house for any client who wants one, but I let them know the dangers with letting strangers wander through even with 2 of us in the home.

Oct 06, 2009 08:44 AM
Tom Boos
Sine & Monaghan Realtors, Real Living - Grosse Pointe Farms, MI
Providing the very best of service to Sellers and

Whenever I take a listing, I always walk-thru the home with my clients and point out items of value that they should secure before the house hits the market.

Oct 06, 2009 09:45 AM
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

I'm always reminding my clients to lock it up, take it out of the house and remember that some people have sticky fingers.

Oct 06, 2009 11:20 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Ken- good advice for Sellers. I get the sense that many still expect the Realtor to hold their homes open as part of what they will do to market their home.  This presents a safety issue for the Homeowner as well as the Agent who holds it open.  With virtual tours available via the Internet there's no reason a serious Buyer can't make their short list and schedule an appointment.

Oct 09, 2009 06:28 AM
Robin Rogers
Robin Rogers, Silverbridge Realty, San Antonio, Texas - San Antonio, TX
CRS, TRC, MRP - Real Estate Investment Adviser

That is my worst nightmare, Ken. If I had an open house here, I would take all my jewelry and antique doo-dads over to a friend's house. I love my jewelry!

Cheers,

Robin

Oct 11, 2009 03:22 AM
Monique Lucas
BML Properties Realty - Mitchellville, MD
"...it's your move."

Would personal invites or a large amount of visitors in a party setting (while the owner and real estate agent are present of course) deter theft? Virtual tours are great alternative as people really do not feel like driving "X" amount of miles anyway! :O

Oct 23, 2009 06:03 AM
Renee L. Norton
Birmingham, AL

There was a warning (not the first one) about this on our MLS this week. We have been advised to team up on Open Houses as well as remind our sellers to lock up valuables and prescription drugs.

Jan 30, 2010 03:22 PM
John Pusa
Glendale, CA

I do not hold open house alone, I always ask for for another person to be with me during the open house.

John

Jan 30, 2010 04:17 PM