Conducting open house is advisable or not is discussed almost by all the landlords and real estate agents. So what DC Fawcett says, let’s see through his reviews.
Open house concept prevails largely among sellers in order to invite more number of buyers to have a look at their property; this will increase the chance of selling the property. The time interval also varies from realtor to another realtor. Like some may conduct very often and some might do it as a rare phenomenon.
As a seller, he should be aware of both the positive and negative influences of conducting an open house.
First time home buyers will not have any idea on home-buying process. They require guidance throughout the process. So open house will be a warm welcome to all first time home-buyers. This would also help them to get an idea on buying.
Open house is conducted with no pressure and rules. This allows the buyers to have a relaxed feel throughout the event in looking the property.
Open house is like home inspection for few buyers, they look into each detail when they start liking the apartment and plan to buy that property.
Dc Fawcett Reviews – Why many don’t prefer open house?
- The chances of properties getting sold is very meager
Unapproved buyers visit the property which is waste of time, pre-approval is required from lender which doesn’t happen with buyers coming for open house.
Inviting problems like neighbors visiting this open house just to see how well the house is maintained, many visit the house with no intention of buying.
Security of the house is lost; vandalism and burglary are quite common in open house. Your advertisement may bring criminals to your home.
Valuables may be stolen when thieves enter your home, so don’t keep your jewels and other costly items
- Many find this concept is old –fashion and opt for virtual tours
Unless there is no advertising in social media platforms where most of the people notice your ads, this method is not going to help in bringing buyers to your home.
DC Fawcett complaints that many would choose a realtor just because he conducts open house often. Open house is just a form of marketing and new buyers can learn from it. There should be a rapport between the realtor and the buyers who have come to visit the property. But sadly that doesn’t happen in most of the cases. The realtor should try to impress one of the buyers like making him purchase the property and consider others as prospective buyers. Fawcett feels this concept is just for real estate agents to prospect for business.
How to prevent from Scam?
Get the help of reliable realtor and his team of experts to assist you throughout the open house
- Install CCTV to keep track of the visitors.
In case you are going to conduct an open house, read more about it in DC Fawcett virtual real investing club.