Quote:
Originally Posted by Acura604
question: are "open houses" effective in finding a buyer? i've had 2 so far... and while there's been decent activity , no offers at all. I'm going to shift to 'appointment only'.
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Just completed on the sale of my condo last week. All of the people that placed an offer came to an open house but they also made a 2nd (or 3rd in some cases) appointment for a private viewing afterwards.
My realtor held an open house every weekend (sat & sun) for almost 2 months (Late May to early July). Buyer was subject to sale so subject removal was almost 2 months after the accepted offer. First open house weekend was very busy (10+ groups each day) but each successive open house had fewer groups until we were getting 0 to 3 groups each weekend.
Unless it's a major inconvenience for you I would just have the open house. You're paying the realtor for their time & services anyways and it'll force you to keep your place in tip top showing condition.