Long Island Real Estate Fun Fact Friday What Is An Open House?

By
Real Estate Agent with The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803

FUN FACT FRIDAY - LONG ISLAND REAL ESTATE

What Is An Open House?

 

Long Island Fun Fact Friday is here, courtesy of REALTORS® Lawrence "Larry" and Sheila Agranoff

 

WHAT IS AN OPEN HOUSE?

 

The easy answer is an Open House is held during a scheduled day and time in which a For Sale property can be shown to potential buyers and buyers agents.

 

An Open House can be a powerful way to get potential buyers to see your property on the same day. If you have ever sold a home in the past, you may know how inconvenient it can be to continually have private showings with potential buyers at different times and different days of the week.

 

The viewing opportunities are usually scheduled by the Listing Agent and posted on the local Multiple Listing Service (MLS) and some other syndicated Real Estate sites.

 

On Long Island there are currently 2 Covid Disclosures, an Agency Disclosure (who the listing agent is representing) and a Fair Housing Disclosure, that need to be signed by potential buyers before entering a property at an Open House. If you do not want to sign these Disclosures, don't expect to be invited in to preview the home. Most agents also want you to sign a Guest Sign-In Sheet with your name and contact information.

 

In today’s Long Island Real Estate market, the Listing Agent host the Open House on usually a Saturday or Sunday afternoon. For the most part, they are scheduled for 1.5 to 2 hours. Some are scheduled during the week during twilight hours, but we don't see too many of these.  It is suggested that the homeowner leave the property during the Open House. Simply put, it can be uncomfortable for buyers to express interest (or disinterest) in a home if the seller is there listening to their comments. Instead, trust your Agent to handle the event without your presence.

 

So, make plans to visit an Open House on a property you have interest in, or sellers, ask your Agent to schedule one.

 

Let's Start, But  First Sign In Please...

 

Have questions about a property that is listed as an Open House on the Long Island MLS, or would you like to list your residence with us? Please call our Cell. 

 

 

 

Lawrence & Sheila Agranoff

Cell: 631-805-4400

 

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                                                    Sheila & Larry Agranoff

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Lawrence "Larry" & Sheila Agranoff are more than just Real Estate Agents. To attain the designation of REALTORS®, we have proven to be more knowledgeable & experienced, above and beyond the average requirements. Being part of the network referred to as REALTORS®, you can be sure we will cater to your Real Estate needs with superior professional practices.

 

 

 
 
If your home is listed with another broker, this is not a solicitation of property. This does not suggest broker has property currently available. Reproduction of text/images contained herein without the express written consent of the authors is strictly prohibited. Sale May Be Subject To Term & Conditions of An Offering Plan. Disclaimer: While information is believed to be accurate it's represented subject to errors, omissions, changes or reliance on information & must be verified by prospective consumer. The authors disclaim liability for any damages/losses, direct or indirect resulting from anything contained herein or the accuracy of comments or opinions of visitors.​©2008-2022
 
 

Lawrence & Sheila Agranoff
Cell: 631-805-4400
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Lawrence “Larry & Sheila Agranoff Are Premier Licensed REALTORS® On Long Island, Experienced In Luxury Properties, 55+Specialists, Residential Home Sales, 1st Time Home Buyer Specialists, Corporate Relocation Expertise, New Construction, Condo/townhouse/co-op Sales, Local, National, International Marketing, And We Know All The Gated Communities On Long Island. We Are 100% Committed To Your Long Island Move!

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Comments (14)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Larry and Sheila - some agents swear open house while some don't do them at all.

Oct 29, 2021 04:09 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Larry and Sheila. Some like open houses and some do not. Margaret Rome Baltimore 410-530-2400 is very successful wth her twist on open houses. Enjoy your day.

Oct 29, 2021 04:20 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Sheila and Larry - open house events are different in each area and sometimes dissimilar in a given neighborhood so your explanation provides an insight what prospective buyers can expect on Long Island.   

Oct 29, 2021 04:22 AM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You certainly know the facts about open houses and I know a lot of agents that use them to obtain their buyer clients with great success.

Oct 29, 2021 04:45 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

In uur area it is the seller that decides if they want an open house or not.  The frenzy is such that within the first week there are multiple offers.

Oct 29, 2021 05:32 AM
Raymond Henson, eXp Realty
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Good morning, Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400.  It has been a little while since I have held an open house, but that may soon change.  It will look a lot like the one described in your post.  It will be easy to do because it is vacant and the homeowner is in another state.

Oct 29, 2021 05:39 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Sheila and Larry.... personally, not an open house fan and I find that 90% of my clients ask me upfront not to hold open houses and have strangers marching through their house. And in the past couple of years, most of my listings sold before one could even schedule an open house. I also always have security concerns vis-a-vis open houses... for myself and my clients' homes.

Oct 29, 2021 05:45 AM
Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

Interesting on the required signatures on th disclosures. We have nothing like that out here.  Wonder if it has anything to do with Red states vs. Blue States?  Thanks for this great post, we made it to Friday.  Have a good day, and end the week on a Productive one.  Bill Salvatore

Oct 29, 2021 06:36 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Good morning Larry and Sheila,

What an excellent description of an open house!  Happy Friday!  A

Oct 29, 2021 06:57 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is good information to share.

Take care, be safe and have an outstanding day.

We have a very windy and rainy day in Maryland. 

Oct 29, 2021 07:13 AM
Tony Busanich
TD Bank - Freehold, NJ
1-4 FAMILY HOME LOAN SPECIALIST

Hi Ron & Alexandra, Thank you for the post.  I enjoyed reading fun fact friday, excellent information for an open house and would share this with others. 

 

Oct 29, 2021 07:34 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400

It's Larry & Sheila, Ha Ha Ha

Oct 29, 2021 07:50 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Since the Pandemic I loved not having Open House, only preapproved, qualified buyers could walk in.... not big on missing out on one or two potential buyers in this market, Endre

Oct 29, 2021 10:22 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Open houses are great tools to help sellers as well as the area.

Oct 30, 2021 08:18 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Thank you all for your comments. It is most appreciated!

Oct 31, 2021 12:43 AM