If the open house goes well, you could end the day with multiple offers and a bidding war that works out in your favor. If it does not go well, your home will earn a bad reputation that could make it unattractive to other buyers.
Here are three simple things you can do to make sure that your open house is a boom instead of a bust!
Check The Calendar
All of the cleaning and decluttering you go through to hold an open house is for naught if potential buyers do not show up. Before you set a date, check your local media and community calendar listings to make sure that it does not conflict with any other big events in your area.
The National Association of Realtors hosts a Nationwide Open House Weekend in the late spring or early summer. If the timing works out, it can help give your event a much larger platform. Your listing agent can tell you when the next one will be held.
An open house is about more than just looking at the house. Buyers should walk away with everything they need to answer their questions and move forward with making an offer.
Work with your realtor to prepare high-quality flyers or brochures about the home that include photos, the number of bedrooms and bathrooms, square footage, tax information, and listing agent contact information. As a bonus, consider making available appraisals, inspection reports, and financing information.
Don’t Forget Food
Many prospective buyers travel to multiple houses on the same day, so they are going to be hungry. Eating a snack or light meal also gives buyers an excuse to stay in the home longer and more time to imagine themselves living there.
Stick with snacks that won’t cause too much of a mess and can be taken to go if buyers don’t have much time to stick around. Homemade items add a personal touch and might help your home stand out from the pack if everyone else has catered meals.