First, open houses are NOT what they used to be
before the internet's ability to display pictures online. However, they
ABSOLUTELY do serve a purpose if done correctly. Open houses are
attended by neighbors and "tire kickers" that are not ready to buy...but
there is an upside.
Timed properly, an Open House can stimulate a buyer's interest in the
property. Likewise, if a buyer is aware of a pending Open House, it may
increase the offer price to ensure the buyer does not lose out on the
Some sellers feel their home is at the wrong price point for an Open
House. If this is the case, why not consider a private Open House - by
invitation only? We could go into details, but this is something we can
discus when we meet.