If you’re getting ready to sell your house, then chances are, you’re probably contemplating if an open house is worth it. Maybe you’ve heard it’s absolutely the best thing you could ever do, or maybe you’ve heard that it’s not worth your time. So, what’s the truth? Needless to say, while an open house may not be the right choice for every single seller on the planet, one thing is for sure, the benefits cannot be ignored.
Superior Initial Impression
With an open house, you have an incredible opportunity to set the scene. Meaning, you have greater control of potential buyer’s impressions of your home when you host an open house. Because you know exactly when potential buyers are going to be viewing your home, you can make sure that your home looks just right. Whether it’s doing a deep clean, making sure the front lawn looks just right, or arranging everything in just the right order, an open house allows you to have this level of control. The first time a buyer views your home can make or break a sale. An open house helps to insure that your home is in tip-top shape.
Less Stress and Hassle
Do you enjoy always waiting around in limbo, never really knowing when someone will want to see your home? Of course not! For most, if not all people, this is a huge inconvenience. It’s not fun to always have to be ready for someone else. While this is sometimes just a part of the selling process, an open house can really help to reduce or eliminate this not so fun aspect all together. Rather than having to always be ready at any moment, you can schedule a specific day and time for buyers to come. Not only does this make your life easier, but it also makes it easier for buyers as well. Typically, potential buyers will visit a few different homes holding open houses over the course of a weekend. Wouldn’t it be nice if your home were included in this mix?
Increases Your Odds of Selling
Perhaps the most lucrative advantage of them all, open houses well, help you sell your home! Which is your end goal after all. Think of it this way, the more opportunities you create for people to see your home, the higher likelihood that a viewing is going to end up in a sale. Whether it’s a buyer who sees your house for the first time, or a buyer who is coming for a second look to make their final call, open houses facilitate closings. In addition, when you host an open house, you create an environment that is catered towards scarcity and competition. Meaning, potential buyers will physically be able to see other shoppers. This will help prompt them to take action. If buyers feel that others also like the property, this will increase the likelihood that they will be prompted to make an offer.
Open houses offer plenty of lucrative advantages to both buyers and sellers. While an open house can appear to be another time commitment or just some unnecessary step, the benefits seem to speak for themselves. After all, what do really you have to lose?