Emily Southey<\/a> | 10 minute read<\/p>\n[\/et_pb_text][et_pb_post_title title=”off” author=”off” date_format=”M j” categories=”off” comments=”off” featured_image=”off” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_post_title][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” width_tablet=”” width_phone=”100%” width_last_edited=”on|phone” max_width_tablet=”” max_width_phone=”100%” max_width_last_edited=”on|phone” custom_padding=”21px||||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9mZWF0dXJlZF9pbWFnZSIsInNldHRpbmdzIjp7fX0=@” align=”center” force_fullwidth=”on” _builder_version=”4.18.0″ _dynamic_attributes=”src” _module_preset=”default” custom_padding=”2px|||||” border_radii=”on|32px|32px|32px|32px” border_radii_tablet=”on|32px|32px|32px|32px” border_radii_phone=”on|0px|0px|0px|0px” border_radii_last_edited=”on|phone” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”||11px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.3em” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” global_colors_info=”{}”]<\/p>\n
If you\u2019re selling your home, then you might be wondering how often to host an open house. Although they can be invaluable marketing tools, open houses take a lot of work, so we understand why you wouldn\u2019t want to host more than necessary. Continue reading for our guide to open houses. Below, we answer all of your burning questions, including \u201cHow often should you have an open house?\u201d\u00a0<\/p>\n
–<\/span><\/p>\nWhat Is an Open House?<\/h2>\n
An open house is an event hosted by a seller or their REALTOR\u00ae, in which a home on the market is open to the public. Anyone interested in buying the home is invited to come and take a tour \u2014 no appointment required. Open houses are most often held on the weekends to attract the largest audience possible.\u00a0<\/p>\n
–\u00a0<\/span><\/p>\nOpen houses are not mandatory, meaning a seller does not have to host one when selling their home. However, most REALTORS\u00ae recommend open houses to their clients owing to the leads they are known to generate.\u00a0<\/p>\n
\u00a0–<\/span><\/p>\nPlus, as both buyers and sellers know, there is no substitute for visiting a home in person. No amount of photos, videos, or 3D walk-through tours can equal the real thing. Open houses give prospective buyers an opportunity to see the home with their own eyes, getting a feel for the layout and overall vibe of the property.<\/p>\n
–<\/span><\/p>\nHow Long Is an Open House?<\/b><\/h3>\n
Open houses vary considerably in length. While some are as short as 30 or 60 minutes, others can last for an entire day. On average, most open house events last between one-and-a-half and two hours. Generally speaking, shorter or reduced-time open houses tend to be more successful as they generate an air of urgency and exclusivity among buyers.\u00a0<\/p>\n
–<\/span><\/p>\nHow Often Should You Have an Open House?<\/b><\/h3>\n
You\u2019re selling your home, your REALTOR\u00ae suggested an open house, and you\u2019ve already had one. At this point, you\u2019re probably wondering whether it’s worth having another. For open houses to be effective, consistency is key. For this reason, your REALTOR\u00ae may recommend hosting an open house once a week or every couple of weeks. While it only takes one offer to make an open house worth it, the more often you host open houses, the more leads you are likely to generate. Keep in mind that there is no limit to the number of open houses you can host when selling your home.\u00a0<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” background_color=”#edf7f3″ custom_padding=”32px||32px||true|false” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on” da_disable_devices=”off|off|off”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” header_2_text_align=”center” header_2_text_color=”#38505b” header_2_font_size=”2.63rem” header_2_line_height=”3.75rem” max_width=”800px” module_alignment=”center” header_2_font_size_tablet=”32px” header_2_font_size_phone=”27px” header_2_font_size_last_edited=”on|phone” header_2_line_height_tablet=”3.75rem” header_2_line_height_phone=”32px” header_2_line_height_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n
\u201cOpen houses are not mandatory, meaning a seller does not have to host one when selling their home. However, most REALTORS\u00ae recommend open houses to their clients owing to the leads they are known to generate.\u201d<\/h2>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”||24px||false|false” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on” da_disable_devices=”off|off|off”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”23px||38px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.3em” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” global_colors_info=”{}”]<\/p>\n
The Benefits of an Open House<\/b><\/h3>\n
Open houses offer a wide range of benefits to sellers. Keep reading to discover some of the main advantages of open houses, from selling your home faster to potentially earning more money from the sale.\u00a0\u00a0<\/p>\n
–<\/span><\/p>\nOpen houses save time<\/b><\/h3>\n
If you\u2019re selling a home (and possibly buying a new one at the same time), then you likely don\u2019t have all the time in the world to devote to the process. That\u2019s why open houses are such great tools \u2014 they save on time. By holding an open house, you can show your home to a large pool of buyers in one go. This helps you avoid the hassle of having to clean and tidy your home before every showing. It also prevents you from having to answer the same questions from buyers over and over.\u00a0<\/p>\n
–<\/span><\/p>\nOpen houses are convenient\u00a0<\/b><\/h3>\n
If you have a busy schedule, open houses are usually far more convenient than scheduling individual showings. Especially if it\u2019s a hot housing market, you could find yourself hosting viewings day and night. But with an open house, you can host many viewings simultaneously, mitigating the disruptions to your schedule.\u00a0<\/p>\n
–<\/span><\/p>\nOpen houses could result in a faster home sale<\/b><\/h3>\n
An open house could be responsible for selling your home faster \u2014 especially if lots of buyers show up, creating a sense of urgency. If, after touring your home, a buyer is very interested in the property, they may be more likely to submit an offer quickly out of fear that they could lose the property otherwise.\u00a0<\/p>\n
–<\/span><\/p>\nOpen houses could drive up the sale price<\/b><\/h3>\n
One final benefit of open houses is that they could increase the purchase price of your home. This ultimately depends on the housing market and the level of interest in your home, but if you have a successful open house, it could result in a bidding war. The result? Multiple offers above asking, resulting in more money in your pocket.\u00a0<\/p>\n
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Open House Checklist for Sellers<\/h2>\n
Before you host an open house, it\u2019s important to prepare so that your property is shown in its best light. A seller must also be ready to answer a wide range of questions about the home. Below is an open house checklist for sellers. If you can check off most items on this list, your open house is likely to be a success.<\/p>\n
\u00a0–<\/span><\/p>\n\n- <\/span>Open any curtains, drapes, and blinds;<\/li>\n
- <\/span>Turn on lights in all rooms and closets;<\/li>\n
- <\/span>Water houseplants and throw away any dead plants or leaves;<\/li>\n
- <\/span>Put out a bouquet of fresh flowers;<\/li>\n
- <\/span>Fill the house with an enticing and homey smell by baking cookies or lighting candles;<\/li>\n
- <\/span>Store valuables (money, jewelry, prescriptions) in a safe or hidden location;<\/li>\n
- <\/span>Clean all windows and mirrors;<\/li>\n
- <\/span>Declutter the entryway so there is room for the shoes and coats of all attendees;<\/li>\n
- <\/span>Make the beds;<\/li>\n
- <\/span>Vacuum the carpets;<\/li>\n
- <\/span>Clean the floors;<\/li>\n
- <\/span>Dust all furniture, decor, and light fixtures;<\/li>\n
- <\/span>Take out the garbage and recycling;<\/li>\n
- <\/span>Hang clean towels in the bathrooms and put out fresh soap;<\/li>\n
- <\/span>Put out a fresh roll of toilet paper in each bathroom;<\/li>\n
- <\/span>Clean the bathtubs, showers, sinks, and vanities;<\/li>\n
- <\/span>Install a new shower curtain if yours is showing signs of wear (for example, mildew);<\/li>\n
- <\/span>Clean the kitchen, including the appliances and sink;<\/li>\n
- <\/span>Set the dining table with linen and tableware;<\/li>\n
- <\/span>Adjust couch cushions and pillows and neatly drape throw blankets over the couches;<\/li>\n
- <\/span>Clean up the fireplace and consider lighting it if the open house is taking place in the winter;<\/li>\n
- <\/span>Neatly organize all bookshelves to reduce clutter;<\/li>\n
- <\/span>Sweep outdoor areas like the porch and garage;<\/li>\n
- <\/span>Prepare some snacks or beverages to offer guests;<\/li>\n
- <\/span>Start promoting your open house at least one week in advance;<\/li>\n
- <\/span>Create and print a buyer registry sign-in sheet;<\/li>\n
- <\/span>Gather important documents relating to the home, such as blueprints, home inspection or appraisal reports, property tax bills, improvement records, or land surveys; and<\/li>\n
- <\/span>Put \u201copen house\u201d signs in your front yard and along your street.<\/li>\n<\/ul>\n
–<\/span><\/p>\nTips to Ensure a Successful Open House<\/h2>\n
Ensure your open house goes off without a hitch by following the tips below.<\/p>\n
–<\/span><\/p>\n1. Schedule your open house for a weekend<\/b><\/h3>\n
First thing\u2019s first, schedule your open house for a day that is likely to garner the highest number of attendees \u2014 either Saturday or Sunday. Weekends are largely considered to be the best days to host open houses because people are off work and have time to stop by your home. Avoid hosting open houses during the week, but if you must, choose a time in the early evening after work hours (for example, 5 p.m. to 7 p.m.)<\/p>\n
–<\/span><\/p>\n2. Market your open house strategically<\/b><\/h3>\n
Marketing an open house is key. Don\u2019t assume that putting a sign on your front lawn is all you need to do to attract prospective buyers. First, your REALTOR\u00ae will advertise the open house on the MLS\u00ae. However, it should also be promoted on social media at least a week in advance to generate buzz. Facebook and Instagram are great places to start. Be strategic about the way you market your open house on social media, using hashtags like #openhouse or #househunting. Adding your city or neighbourhood to either of these hashtags or geotagging all posts can help your post be seen by people in your city. Beyond social media, print flyers promoting your open house and post them on mailboxes, street posts, and in coffee shops or grocery stores in your neighbourhood.<\/p>\n
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