Benefits to Open Houses
Interested in knowing how to increase your home value and saleability? Open Houses are key in the Real Estate industry. Not only for the Seller, but also for the potential buyer, and the Community. When you host an Open House, you are not only advertising that listing for your client and increasing your level of service in Marketing their property, you are also creating a means for potential buyers to come and see the property in person and create that face-to-face contact. It enables the potential buyer to ask questions on the spot, view the property in its entirety and see how they feel in the home and if it is a good fit for them without having to book an appointment. It also helps the Realtor to establish a positive rapport with those who come into the home and provide knowledge of the property which can lead to a positive buying and selling transaction.
It benefits the community as well as it gets people out and about. If a buyer is moving in from out of town, it gives them an opportunity to explore the neighbourhood, the surrounding amenities and see what our community has to offer. For those maybe just moving to a new area of town, it shows that potential buyer a new area that they maybe were not aware of prior and it can open new relationships that can lead to positive community growth.
How Improvements Can Increase Value and Saleability
Some key features clients note on a home is age, function and design. These factors can have an impact on sale price point and its duration of days on market. To help increase the value and saleability, you need to focus on some exterior and interior elements. On the outside of your home, it always good to ensure your roof and windows are updated. A new roof and new windows can aid in the homes energy efficiency and ensure it stays warm in the winter and cool in the summer. Curb appeal is also important. Keep your yard well manicured and free of clutter and debris.
On the inside, updated flooring and paint is always a great attraction. Try to avoid intense colors and designs as the potential buyers want to try to visualize their belongings within the home. Brighter colors can also make a room seem larger and more functional. Some times it is hard to know exactly where improvements need to be made as each house and each buyer’s style is unique and it is important to ensure the improvements you complete, will ensure getting equity and attraction out of your sale in a timely manner. Never hesitate to call a realtor and ask for advice on areas of improvement as we are all here to help.