Monday, April 8, 2013 / by Lino Arci
Pros and Cons of Open Houses
My clients fall into two groups about having an open house to sell their homes: Some are eager to hold one while others question is such an event is worth the time and effort.
Who's right? It depends you must away the open house pros and cons. Here's the positive and open house is an easy way to passively market a home. You put an ad in the newspaper and set out a sign advertising the open house and potential buyers often show up. Homes are sold 4% of the time to open house events.
Now here's the downside if you’re not actively contacting people to show up the only attendees could be noisy neighbors and unqualified buyers. Plus Here in Vaughan surrounding GTA using an agent is free for the buyer. So why wouldn't you use an agent to schedule regular showings instead of holding open houses?
Unfortunately some agents who hold open houses are more interested in gaining leads to sell other properties rather than producing exposure for you and your home.
To hold a successful open house The Lino Arci Team sends invitations and follows up to make sure invitees are coming that way you target qualified buyers and could reach other potential buyers who otherwise would not hear about your home.
If you have any questions or selling a home in Vaughan or surrounding GTA call or email me The Lino Arci Team so we can help.
The Lino Arci Team
Re/Max 2000 Realty Inc.