When home selling, do "Open House Showings" help or just a waste of time?

Posted by Admin on April 29th, 2010

Are "Open House Showing" just a waste of time if you already have the home listed in the MLS. It seems like they just attract people who are browsing and not really serious about buying a home.

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One Response to “When home selling, do "Open House Showings" help or just a waste of time?”

  1. exbuilder says:
    April 29, 2010 at 6:44 pm

    Open houses are a useful tool for the listing real estate agent who holds the open house. Open houses rarely lead directly to the sale of the house. They do make the seller happy because they think the listing agent is really working all out to sell their property. In other words, it takes some of the pressure to get the house sold off of the agent. At the same time, it presents an opportunity for the listing agent to meet buyers actively looking for a new home. Says the agent to the lookers, "I realize that this isn’t exactly what you are looking for, but I know of a couple of properties that sound perfect for you, can we meet later after this open house is over?" You get the picture.

    I have never allowed an open house to be held in a house I was living in. It is not uncommon for burglars to case a house while going on a tour.

    Good luck with your real estate endeavors.

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