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Help! I've been Robbed
Your home is the most important place. It is the place that you go to after a hard day’s work. It is closely associated with the feeling of warmth, and it is surely not a surprise that so many things rely on the special feeling that your home gives...
Higher Home Appraisal Values
To most, owning a home is a necessity, but sometimes it is a matter of pride or a business investment. Home appraisal values become relevant if one wishes to sell his house. Home appraisal values is a technical term which means the value of a...
Selling A Millionaire Home And Keeping It A Secret!
Selling a millionaire home is hugely different than selling any other type of real estate. Many owners quite rightly so do not want Luxury home window shoppers trampling over the marble floors of their luxury homes. Millionaire home owners by there...
Water, Water Everywhere on the Waterfront!
Waterfront living is among the most desirable of locations in our area. The views and vistas are fantastic, not to mention the ability to walk out one's door to drop a line to fish or untie a line to enjoy boating. However, all this joy is not...
WHAT IS A HOME INSPECTION?
A home inspection is defined as an objective visual examination of the physical structure and systems of a home, from the roof to the foundation. In layman’s terms, having a home inspected is akin to giving it a physical check-up. If problems or...
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Open Houses For FSBO Sellers
The first requirement in finding a buyer for a home is to make sure the pool of potential buyers know it is on the market. For FSBO sellers, holding an open house can help to get the word out to buyers.
Open Houses
Open houses are very effective at helping sell real estate in many parts of the country. Real estate agents use open houses constantly to generate interest in homes [and get new clients]. Should FSBO sellers (people who are selling their own homes) also use open houses to generate buyer interest? Yes, with one caveat.
Location, Location, Location
The cliché “location, location, location” applies to more than one aspect of real estate. Not only does it address appreciation issues, it also applies to open houses.
First of all, the FSBO property needs to be located in an area where open houses work. This area tends to be in city, town and suburbs where the housing market is hot. Holding an open house usually works well where the following circumstances exist:
1. There is a good population base,
2. The home for sale can easily be seen by a lot of
people,
3. There are more buyers than sellers, and
4. Properties sell rather fast in the area.
Rural areas and areas in which sales are slow don’t generally work very well. Perhaps worse, the FSBO seller can become easily disillusioned with low turnouts. If your home is in one of these areas, you’re probably better off listing it on the Internet.
An open house is a great tool for FSBOs living in a suitable location. Are you one of them?
About the Author: Raynor James is with http://www.fsboamerica.org - providing FSBO homes for sale by owner. Visit our "sell my home" page at http://www.fsboamerica.org/seller.cfm to list and sell your home for free for one month. Visit http://www.fsboamerica.org/buyer.cfm to see homes for sale by owner.
Source: www.isnare.com
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