In competitive markets, it’s more imperative than ever for sellers to host an open house.
It sets your house apart from the rest, because while a picture is worth a thousand words, nothing beats seeing a home in person. Hosting an open house gives the seller the opportunity to show their house to many people instead of one by one appointments.
It’s a great was for the Realtor to get to know the community and meet other people who are looking for homes.
Hosting an open house reduces marketing costs. It’s a great way to market the property in person.
Also, in a competitive market, if you are a buyer’s agent, it’s a great way to get to know the sellers agent and stand out when submitting an offer.