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Is an Open House Right for Your Redlands CA Home? Conclusion

(Today’s post is part three in our series on open houses. Be sure to read parts one and two before jumping into this post.)

Over the past couple weeks, we’ve looked at some of the advantages and drawbacks to hosting an open house for your Redlands CA home. In today’s post, we’ll apply these principles to the Redlands CA real estate market. This post will help you decide whether an open house is a good move for you.

Reviewing the Pros and Cons

First, the pros: by holding an open house for your home, you’ll achieve greater exposure for your property. You’ll also create a lower-pressure environment where prospective buyers can view your home without the pressure of having to face one or more real estate agents one on one. And an open house is real and physical: in an age of screen-staring Zillow zombies, the physical presence of an in-person open house can make a large impact.

At the same time, some properties simply don’t need an open house to sell, due to a strong market, high visibility, quality of listing, or low price. There’s also the possibility of damage or theft: any time you open your home to the masses, stuff can go wrong or just plain go missing. Lastly, you’ll have to deal with neighbors and others who crowd your open house when they have no intention whatsoever to buy.

Working Through the Pros and Cons

So: should you hold an open house for your Redlands CA home? If the market’s hot and your home is highly visible, probably not. If your home has been on the market for a while and isn’t selling, then absolutely.

Ultimately, only you and your agent can decide. Work through our lists of pros and cons with your agent. The ones that apply most to your situation will likely answer this question for you.

Are you Looking to Buy?

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Have Questions about Redlands and Area Real Estate? Contact us below and we will be more than happy to answer your questions.

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Is an Open House Right for Your Redlands CA Home? Drawbacks

Today we continue our series on open houses. We discussed some of the benefits to open houses in the last post. While there are many reasons to host an open house when trying to sell your Redlands real estate, it’s not all roses and sunshine. There are drawbacks, too. Here are a few of the top drawbacks you might experience if you host an open house.

Drawback: Little Value in Hot Markets and for Strong Properties

One potential drawback of holding an open house is that in some cases it’s simply unnecessary. In a sellers’ market, most homes sell quickly. Some receive multiple bids and even end up in a bidding war. Why bother with an open house in a hot market?

Similarly, if your Redlands real estate is a really strong property, you may not need any additional exposure to sell.

Drawback: Possibility of Damage or Theft

When you open your home to the masses, stuff can happen. Vases can get broken and floors can get scuffed. Worse, if your open house is especially crowded, thieves could walk away with some of your possessions or even case your home.

Drawback: Neighbors and Others with No Intention to Buy

Another drawback of open houses is that you’re opening your Redlands CA home up to anyone who wants to see it. People may stop in that have no intention whatsoever to buy. Neighbors may show up to learn your price and compare your home to their own, but only for the purpose of determining what their own home is worth. Others may just stroll through for fun or to kill time.

Guests like these can distract your agent from the real prospective buyers.

These are a few of the drawbacks to holding an open house. Next week, we’ll weigh the pros and cons.

Are you Looking to Buy?

[Browse Our Listings]

Are you Looking for an Instant Home Value?

[Instant Value of Your Home]

Have Questions about Redlands and Area Real Estate? Contact us below and we will be more than happy to answer your questions.

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Is an Open House Right for Your Redlands CA Home? Advantages

Ah, the open house. It’s a longstanding tradition in real estate, but the true value of holding one is debated. The truth is there are both advantages and drawbacks to holding an open house when trying to sell your Redlands CA home.

We want to demystify this conversation for you, so we’re starting a blog series today. This post will outline some of the top advantages of holding an open house, and the next post will cover the drawbacks. We’ll wrap things up with a third post that ties it all together.

Advantage: Reach a Broader Base

An open house is a surefire way to reach a broader base of prospective buyers. Open houses draw attention, through street signs, advertisements, and real estate agent networks. Your agent should be bringing in prospective buyers regardless of your open house, but an open house is a great way to jump-start the process.

Advantage: It’s the Real Thing

Let’s be real: these days people Zillow-surf like crazy. You know it and we know it. And it’s easy to Zillow-surf yourself into a zombie-like state. Everything starts to blend together, and it’s all terribly impersonal.

An open house, on the other hand, is a real, physical, tactile event. Prospective buyers aren’t staring into screens. They’re experiencing your home. This physical, visceral experience is in many cases key to the sale.

Advantage: Low Pressure for Prospective Buyers

As a buyer, getting a showing means one-on-one time with an agent or two, which can feel like pressure. Hosting an open house lowers the pressure on buyers, because they can stop in and see the home without the focus being all on them.

Are you Looking to Buy?

[Browse Our Listings]

Are you Looking for an Instant Home Value?

[Instant Value of Your Home]

Have Questions about Redlands and Area Real Estate? Contact us below and we will be more than happy to answer your questions.