Open House tips

Eventually, open houses will return and, while online tours are convenient, there’s nothing like actually stepping inside a real house to get a feel for what it’s all about. If you’re a first-time buyer, here are a few things to remember:

  • Before you rush inside, take a good long look from the curb. How does the roof look? And the siding? Any standing water? All of these can be signs of trouble if something doesn’t look right.
  • These days staging is very common so it’s important to look beyond – and sometimes behind – the props. Cracks in the ceiling? Stains or signs of mold? Uneven floor? Take your time.
  • If the house has a basement, this can tell you plenty about the overall health of the house. Foundation cracks? Dampness after a good rain?

Make note of any irregularities and compare notes with a home inspector before you buy. You’ll be glad you did.

Tips if you’re going to have an Open House

Open House sign

The concept of an Open House has gone out of style considerably the last few years as many real estate agents just don’t bother anymore. Still, it can be a useful tool to get the word out. If you’re going to do it, might as well do it correctly.

  • Get the word out with postcards to communities and neighborhoods outside the area.
  • Schedule the day the house listing hits the market. Generate the buzz, build excitement and create a sense of urgency in would-be buyers.
  • Schedule with other neighborhood open houses and present a packet highlighting all the homes for sale in the area.
  • use “open house” websites such as Zillow and Realtor to get a free listing.

The Truth About Open Houses

Green Escrow | Real Estate online

Open houses are generally considered an excellent way to generate potential buyers for a listing but a recent report by HomeFinder states that only 6.3 percent of all all listings nationwide hold an open house.

Not surprisingly, Sunday is the most popular day to hold an open house while a house is on the real estate market for an average of one week before holding it’s first open house. 77 percent of open houses are for single-family homes while the median listing price for a home holding an open house is a shade under $340,000.