The Kelowna real estate professionals at Nyrose & Associates will often explore the option of hosting an Open House when you list your Kelowna home with our team. The concept of an open house has tradition of being a viable marketing tool for selling a home. Yet, open houses seem to go in and out of vogue with some Realtors.
We regularly work with Kelowna new homes and development communities where it is common to host regular Showhome Open House hours. Because of this, our team sees first-hand how an open house can assist with the sale of any home on the market.
THE PROS OF HOSTING AN OPEN HOUSE
Open Houses Attract Potential Buyers
For some potential home buyers, attending an open house allows them the opportunity to view a home without the perceived pressure of a private viewing with a real estate agent.
Open houses are generally laid back events which appeal to some buyers.
Open Houses Add Additional Exposure
When choosing a Kelowna Realtor, you should consider how they market and provide exposure for your home. The additional street signage during the open house alert a passerby your home is for sale. In addition, open houses are advertised and provide additional print and online exposure for your home.
THE CONS OF HOSTING AN OPEN HOUSE
Open Houses Can Attract Unqualified Buyers
New potential buyers often use open houses as a way to discover homes available in the area before contacting a Realtor or Bank. A potential buyer may not yet be pre-qualified by the bank for a mortgage.
Open Houses Can Attract Visitors with No Intention to Buy
You may have people come through your open house who have no intention of purchasing your home. These include others from your neighbourhood who want to view how your home stacks up to their own. Also, some visitors may be stopping by for non-buying related reasons, including looking for interior design ideas.
The Kelowna Real Estate Professionals at Nyrose & Associates believe the pros of an open house outweigh any potential negatives. When you list your home with Nyrose & Associates we will discuss if an open house should be part of our overall marketing strategy.
Are you interested in learning more about how we market real estate listings? Contact Us Today.