U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-05-2018, 05:14 PM
 
Location: San Francisco Bay Area
3,352 posts, read 1,676,598 times
Reputation: 6050

Advertisements

Quote:
Originally Posted by oldtrader View Post
A lot of agents will tell you an open house is important to sell the home.

But the reason agents like to hold open houses, is not to sell the home, but it is a place for them to meet potential buyers and take them on as a client, and to meet neighbors that are planning on selling their home soon, and are at the open house to get ideas that may help them in getting their home ready for sale. This is why they want to hold open houses. The odds of selling the home the open house is held at at the open house are extremely low. Open houses sure draw a lot of people from the neighborhood, who just want to take a peak into your private life. Often the only ones that go to that open house.
This is true. I like to attend Open Houses especially in my own neighborhood only to gauge the market and to talk to real estate agents. I would not, however, hold my own house open in order to sell it.
Reply With Quote Quick reply to this message

 
Old 02-05-2018, 08:02 PM
 
2,506 posts, read 6,531,747 times
Reputation: 2085
Quote:
Originally Posted by SFBayBoomer View Post
This is true. I like to attend Open Houses especially in my own neighborhood only to gauge the market and to talk to real estate agents. I would not, however, hold my own house open in order to sell it.
This has been quite an education for me!
We are listing our house this spring and I was interested to see how many people are looking in the neighbourhood. I am sure some were neighbours like me but many of them came with their agents and many came with multiple family members, several out of State license plates (Pa and NY).

This home was staged as the owners moved out so there was no personal stuff in the home, they had 2 agents on duty. They had also wisely made a play area for the kids in an empty bedroom (probably 8 or so kids there when I was there).

Do any agents limit the number of "lookers" in the house at a given time? Seems that might also help control a situation like this. Have you experienced this?
Reply With Quote Quick reply to this message
 
Old 02-07-2018, 09:23 PM
 
Location: Athol, Idaho
1,972 posts, read 810,584 times
Reputation: 3002
Quote:
Originally Posted by jerseyj View Post
This has been quite an education for me!
We are listing our house this spring and I was interested to see how many people are looking in the neighbourhood. I am sure some were neighbours like me but many of them came with their agents and many came with multiple family members, several out of State license plates (Pa and NY).

This home was staged as the owners moved out so there was no personal stuff in the home, they had 2 agents on duty. They had also wisely made a play area for the kids in an empty bedroom (probably 8 or so kids there when I was there).

Do any agents limit the number of "lookers" in the house at a given time? Seems that might also help control a situation like this. Have you experienced this?
I think people here don't understand what an open house is. It means the door isn't locked and it is open for people to look at. People are not going to stand outside and wait their turn, because it really isn't important enough to them to wait around. It is open. It also isn't something you need to do in order to sell your house. If sellers ask me about it I recommend they don't do it. It is mostly a benefit to the realtor who may find buyer clients that way. After this thread I am for sure never doing one again.
Reply With Quote Quick reply to this message
 
Old Yesterday, 01:55 AM
 
1,031 posts, read 390,187 times
Reputation: 1625
Quote:
Originally Posted by I love boots. View Post
I think people here don't understand what an open house is. It means the door isn't locked and it is open for people to look at. People are not going to stand outside and wait their turn, because it really isn't important enough to them to wait around. It is open. It also isn't something you need to do in order to sell your house. If sellers ask me about it I recommend they don't do it. It is mostly a benefit to the realtor who may find buyer clients that way. After this thread I am for sure never doing one again.
i'm not saying whether that's a good idea or a bad idea generally but people interested in seeing the home and who've come out to it will wait 5 minutes or whatever. If it's not "important enough to them" (your words) then they're probably qualified out right there as a tire kicker. I don't know of any rule that says an open house must literally be open/unlocked. Further, if the turnout is huge for the open house, and you're made to wait outside simply because the home can't accommodate any more buyers, it could very well increase the interest. The more perceived interest and competition for the home, often the more people desire it. Marketing 101.

Again, not saying that this is a good idea or bad idea generally, just addressing your logic.
Reply With Quote Quick reply to this message
 
Old Today, 05:30 PM
 
45 posts, read 11,837 times
Reputation: 19
$hit happens. Buyer fixes the problem and should install one of these
Attached Thumbnails
Damage during open house?-doorstop.jpg  
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate

All times are GMT -6.

2005-2017, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32 - Top