There are a variety of opportunities in the Greater Phoenix real estate market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.
Many people aren't sure whether having an open house will help sell their Phoenix home. Today we'll talk about the pros and cons so you can decide if it's the right strategy for you.
Pros
- An open house will get more eyes on your home. Many people want to walk through a property and experience it first hand; since many homeowners don't offer an open house, you have an advantage by doing so.
- Your neighbors will likely check it out. This is huge because they may know someone who is looking to move to the area, and people love to pick their neighbors.
- You have control over how your home is presented. This is a nice luxury to have - you get to set the scene so your home shows at its best.
- Some people will check out multiple open houses before buying. If you don't even have the option, many people who might otherwise be interested in your home will never check it out.
- You get to choose when you show it. You can schedule your open house for a time that works for you.
Cons
- Nosy neighbors may be an annoyance during the process. This is the flip side of having neighbors who are looking at your home for a friend.
- You attract dreamers. You may get some folks who can't realistically afford to purchase your home, but want to walk through anyway.
- It makes your home vulnerable. You need to be cautious about what you leave lying around the house. It may be best to keep all valuables locked away in the event a burglar uses the open house as an easy opportunity.
- Professional lookers may be an annoyance. People that aren't even considering purchasing a home may come by just because they like to look.
Overall, we think having an open house is a great idea. The pros outweigh the cons, most of which are pretty unlikely if the open house is done right. It all comes down to using effective marketing and knowing what you're doing. An agent can help with that and more.
If you still have questions about whether an open house is right for you, don't hesitate to give us a call or shoot us an email. We would love to help make your life a little easier.
