Friday, March 20, 2015

4 Benefits of Hosting An Open House

Recently, some people have been questioning whether or not open houses actually help your home sell more quickly. While some people may disagree, the team at The Property Shop believes hosting an open house is an integral part of selling your Lake of the Ozarks home. Here are a few ways hosting an open house can help your home sell faster.

1. Open Houses Attract Buyers Who Didn't Know They Were In The Market
Have you ever been casually walking down the street when something in a store window caught your eye? Better yet, have you ever walked in and decided to buy this item that you previously didn't know you needed, simply because it was right there in front of you?

For some people, open houses work the same way. They may have thought they were several months away from actually buying a home, but they're attending various open houses in order to start getting a feel for the types of homes they like. It's very possible that one of these people will attend your open house at the Lake of the Ozarks, fall in love with your home, and end up submitting an offer.

2. Potential Buyers Can Bring Their Friends And Family.
When is the last time you consulted one of your friends or someone in your family when you were about to make a big purchase? Humans are social creatures, and very few of us feel comfortable making big decisions without at least mentioning it to someone we care about.

Buying a home works the same way. Your buyers are about to make one of (if not the) biggest purchase of their lives, and they might want their friends or family to be able to look at the house with them and provide input. Having an open house creates a relaxed environment where buyers can bring people along with them. Who knows? One of those friends might just end up convincing the buyer to move forward with the purchase!

3. Open Houses May Give Your Buyers A Sense Of Urgency
Are you trying to sell your home quickly? Of course you are. Most sellers are in the process of looking for a new home of their own, and the sooner they can get out of having to pay for a second mortgage, the better. 

If a buyer comes through an open house and sees several other potential buyers looking at the same home, he may feel the need to act quickly if he does not want to lose the home.

4. Open Houses Give REALTORS A Chance To Get To Know Your Home
Have you ever gone to see a house simply because your real estate agent suggested it? It's your agent's job to know the homes for sale around the Lake of the Ozarks and to connect you to the homes that could be a good fit for you. By hosting an open house, real estate agents all over the Lake will have a chance to view your home. If you have several agents familiar with your home, you will likely get many more showings after the open house.

Convinced? The team at The Property Shop can help you get started!
If you're ready to set up an open house, contact your real estate agent at the Lake of the Ozarks to set up your very own open house. We can help you aggressively market your open house in order to attract a wide number of both buyers and local agents. We look forward to working with you!

The Property Shop at the Lake
2086 Horseshoe Bend Parkway
Lake Ozark, MO 65049
(573) 693-1100
(573) 480-7760

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