Open houses are a highly debated topic in real estate. Some will swear by them and others will say they are a complete waste of time.
As with everything, there are PROS and CONS to open houses. An example of a positive outcome from open houses is the opportunity for Realtors to pick up additional buyers. An example of a negative outcome is the possibility for theft.
My personal opinion is that open houses are a great opportunity for a newer agent just getting started in the business who is in need of picking up additional buyers. An agent who has proven results and experience does not need open houses to sell a home, there are many other ways to accomplish this goal.
Check out this article that provides many different PROS as well as the possible CONS of open houses in real estate at http://www.rochesterrealestateblog.com/the-pros-and-cons-of-open-houses-in-real-estate/
In addition to the article, you will find some excellent resources relating to open houses from as well as .
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Do you want to learn some tricks of the trade from some of the better Realtors out there?
has put together a fantastic interview of some of the better real estate agents who freely share some great tips.
Tyler asked if you tell your younger self to do something differently what would it be?
Take a look as and share some great real estate advice!
Knowing what seller concessions are, how they can benefit you, and the implications of asking for them are all considerations that buyers should consider (with input from their agent).
As deftly points out in this excellent article, if you don't need them, do not ask for them. If you do need them, this article will certainly help guide you in the right direction.
Kyle has also included resources from other top RE bloggers to include: , , , , , and
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#realestate #sellers #sellerconcessions
It the initial price is too high to begin with than, yeah, the appraisal may come in lower.
The blog post misses another point, though: the seller's state of mind. I have worked with many a seller that have told me that "I didn't get closing help when I bought this house. I'm not offering any. If they don't have the money, they shouldn't be buying the house."
Of course, that leads to a negotiation between the seller and listing agent about keeping the seller's eyes on the prize (i.e., selling the house).
It always amazes me how much negotiation about pretty much everything in the real estate transaction is not between the buyer's agent and the listing agent. It's between the agent and their client to get to where they said they want to be....
My name is Sharon Paxson, and I am a Realtor with HOM Sotheby's International Realty in Newport Beach and I am privlegded at the opportunity to work with residents of the Newport Beach area as well as residents that are new to the area. I love the social media platform as it is an opportunity to meet and greet with you on line as well as provide an indept marketing approach for your home.
I am a Southern California native and have lived in Newport Beach for 17 years. I am very knowledgeable of the beaches, schools and community activities for both children and adults. I am very familiar the local schools and their programs, and the surrounding communities. I am very familiar with the junior lifeguard and lifeguard programs in this area. Both of my daughters went through the Newport Beach Junior Lifeguard program, and my older daughter Heather is a lifeguard for Huntington State Beach.
A little more about me . . . I graduated from USC, and have two daughters Heather and Morgan. And I have an Irish Setter named Duffy.
I look forward to hearing from you!
For information on Newport Beach and the surround communities, please visit my Newport Beach Real Estate website.
- HOM Sotheby's International RealtyRealtor®, 2013 - present
- Prudential California RealtyRealtor®, 2006 - 2013
1200 Newport Center Drive, Suite 100, Newport Beach, CA 92660