| If you are a real estate agent then an open | | | | sell your home during the open house process. |
| house is a prospecting tool rather then a way to | | | | Many real estate agents have confessed that |
| sell the home they are showing. There are many | | | | they haven't sold a single home through an open |
| reputable real estate agents that won't host their | | | | house, but have obtained names and numbers of |
| own property's open house. They opt for a | | | | prospective home buyers and successfully sold |
| newer agent to take on the job. | | | | them other properties. |
| It is common for a listing agent to pass the job | | | | This doesn't mean that it never happens because |
| on to someone else even though they could be | | | | it does, just not very often. When it comes to |
| there if they wanted to be and keep all of the | | | | selling real estate every bit of exposure will |
| commission. They are offering half of their | | | | increase your odds of selling. Just keep in mind |
| commission if the hosting agent sells the home. | | | | that it is more about being an effective |
| Real estate agents don't feel that an open house | | | | prospecting tool for your agent rather than being |
| is how a home is commonly sold to someone so | | | | all about selling your home. |
| this act isn't considered high risk. | | | | For some families it may or may not be worth |
| Despite this fact agents who tell you to hold an | | | | the trouble. Some families find it difficult to get a |
| open house are doing it for two main reasons. | | | | time frame set up to hold an open house because |
| Agents want to prove that they are doing | | | | of their busy lifestyles. Other may have plenty of |
| everything in their power to sell your property | | | | free time and are more than willing to do |
| even if they know it isn't highly effective for the | | | | whatever it takes to get a qualified buyer |
| seller. Mainly they are suggesting you hold an open | | | | interested in their home. |
| house to use as their personal prospecting tool. | | | | The homeowner's who do decide on an open |
| During an open house a dozen couples that are | | | | house to increase their odds of a successful sale |
| looking for a house come to your home and begin | | | | should hide all of their valuables and breakables |
| by signing in with their names and telephone | | | | before guests come over. Some agents request |
| numbers. This may seem like an opportunity for | | | | that you leave your valuables on display to give |
| you but it is more for the agent. The main reason | | | | the home a nice appearance but don't listen to |
| is to get a list of prospective buyers to work | | | | them. It is likely that parents will bring their |
| with. The majority of the couples that come by | | | | children. If you decide to leave things in their place |
| will be looking for homes that aren't anything like | | | | then it is recommended that you set up a |
| yours. | | | | camera because neither you nor you hosting |
| Basically it isn't expected that an agent will actually | | | | agent can watch everyone all the time. |