If you're selling your home, hosting an open house is a traditional part of trying to get buyers in to see the home. More so now, however, the value of open houses are being questioned. Open houses do come in handy for first time home buyers. It is a well known and comfortable tool that allows first timers to preview homes without having the stress of making a decision. In many ways, it's a great way to start looking for what you do and don't like in a home. It's also a great way to get people into the house. If people are driving around the neighborhood and see the sign, they are likely to drop by. A downside of this, however, is that not everyone looking may be qualified. Filtering out who can actually buy the home in private showings saves time and headaches down the road.
Sellers should not base how good a realtor is on whether they believe in hosting an open house or not. In today's digital world, it is more important to know that your realtor will work hard to get the most exposure possible to the largest audience available. Focussing only on open houses isn't your primary marketing technique. Making sure you have a great online presence with good photos of the interior and exterior is important. Afterall, going online is the way people are going to find out about the sale first. You also want to make sure your realtor has your best interest in mind. Hosting open houses is a great way to get clients, so make sure the realtor is there for you, not for the buyers.
Further, safety is a concern. You are opening your doors for the whole world to come in. Some of those people may not have the right intentions. It gives thieves an opportunity to steal, burglars an opportunity to preview where valuable are located and vandalizers an opportunity to disturb the condition of your home. So, take precautions and make sure you weigh all the pros and cons.
I am a real estate professional, serving Boulder and Denver, Colorado. My extensive knowledge of the market, coupled with my commitment to provide extraordinary service, has resulted in hundreds of successful transactions. Let me help you buy or sell your home.