http://www.maddisons.com.au Open Houses v’s Private Inspection – You decide. Firstly the benefits to real estate agents in conducting open houses. Agents love open houses for a number of reasons – Agents look busy. They are showing the owner lots of activity. Time Management. Agents like the fact that they can shuffle everyone through in half an hour on a Wednesday and a Saturday. Effectively the agents only need to spend an hour a week working on your property. New Properties To Sell. When owners are considering selling their home, they will often visit open for inspections so they can compare their property to others for sale. They will also inspect homes so they can see what they will get for the money. Agents meet owners and in turn, pick up new properties to sell. You don’t need sales skills to conduct an open house. Open Houses work purely on the fact that it’s a numbers game. The more people you have through your home, (they hope) will attract a buyer. You must consider with this method, you are pattracting a buyer at what price? It is impossible for an agent to ‘sell’ a property at an open house. It is impossible to know who the ‘real’ buyer is out of 30 people walking through the home. Who are the neighbours and who are the buyers? At an open house, you are relying on the property selling itself. Why are private inspections best for you, the seller? Private inspections – When an agent is one on one with the buyer they can actually ‘sell’ the homes features. The agent will be able to paint the picture of what it’s like to live in the home. When the agent knows the buyer. When a buyer first calls our office, they are able to talk to an agent about their needs and wants. The agent will then have a great understanding of what the buyer is after. The agent will know what they want, what they need and how much they are prepared to pay. For more information, please call Maddisons Real Estate Mosman on 9960 3444.
