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Tips for Successful Open Houses

by Jeremy Schafer

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Tips for Successful Open Houses

 

Whether you're a seasoned seller or diving into the world of "For Sale By Owner" (FSBO) for the first time, mastering the art of hosting open houses is a crucial skill. Your goal? To turn curious visitors into potential buyers. In this blog, we've curated a set of invaluable tips to elevate your open house game and maximize your chances of landing that perfect offer.

Here are some tips:

  • Maximize Signage: Place signs strategically to attract potential buyers. According to surveys, 90% of attendees came because they saw signs.
  • Encourage Sign-Ins: Boost engagement by encouraging visitors to sign in. Consider a door sign requesting sign-ins for security. Set up a card table near the entrance with a guest registry for complete contact information.
  • Create a Welcoming Environment: Make visitors comfortable, especially since you, as the homeowner, are present during the tour. Assure them there's no pressure, and invite questions or comments.
  • Safety Precautions: Use sign-in sheets as safety precautions, ensuring you know who is in your home. Politely explain the need for sign-ins, addressing concerns about spam by assuring them you won't send unwanted follow-up information.
  • Prepare Informational Material: Have a property flyer with photos, features, and pricing details. Include a breakdown of monthly mortgage payment amounts if possible.
  • Neutralize Emotions: Emotional detachment is crucial during home showings. Respect feedback, whether positive or negative, as it provides an opportunity to address concerns and potentially secure a top-dollar offer.
  • Secure Valuables: Safeguard your valuables, including medicine, during open houses. Busy events can make it challenging to monitor everyone closely.
  • Follow-Up: The fortune is in the follow-up. After tours, ask about visitors' interest levels and thoughts on the home. Consistent follow-up is key.
  • Utilize FSBO Guide Resources: Refer to the Showing Checklist and Safety Reminders provided in the FSBO guide for comprehensive open house assistance.

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