Your have done all of the preparation to get your home on the market. De-cluttered, manicured the lawn, touched up the paint etc. Your agent has taken the photos, loaded it on the MLS, added a virtual tour and you sit an await an offer. The showings are not as many as you had hoped for. You have watched countless HGTV series that show Open Houses. So the question you have is....will an Open House sell my home?
The answer is most likely Not.
Open Houses do have a tendency to work in a Housing Market where there is little Supply and allot of Demand. Our current housing market is quite the opposite with too much inventory to chose from.
Open Houses have also been known to open your property up to burglars who are merely scoping out the home. Not only can this be a concern but they are also very dangerous. There have been countless assaults, rapes, even murders as a result open houses. The latest reported case this past week in Iowa. Ashley Okland, a 27-year-old Realtor with Iowa Realty, died at a hospital Friday evening after receiving two gunshot wounds that afternoon in the model townhome at Stone Creek Villas, a relatively new community of homes built by Rottlund Homes.
Price your home right. Have a virtual tour. Make sure it is marketed on the Internet and your home should have an offer soon.
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