Not all real estate practitioners are enthusiastic about the effectiveness of open houses, but here are five good reasons to consider holding one:
- The odds are low but sometimes open houses lead to a sale.
- Home sellers like them. They like seeing their real estate professional working hard for them.
- Visitor feedback is good for sellers.
- Other real estate practitioners tour open houses and they sometimes produce sales.
- Open houses engage people, including friends and neighbors who might bring in a buyer.
Source: Inman News, Mary Umberger (02/17/2010)
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