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Our mission at The Midcoast Group is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Thursday, September 11, 2014

What Are the Benefits of an Open House?



There are many great Minneapolis area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at 612-876-9012 for a FREE home buying or selling consultation to answer any of your real estate questions.

For whatever reason, it is a common thought in the marketplace that having an open house is no longer an effective marketing tool. Today, we hope to dispel that misguided trend with 4 reasons an open house can help sell your home.
  1. Exposure: Real estate websites, virtual tours, the MLS, and sign usage can all direct buyers to see your home firsthand. An open house is an extra incentive for potential buyers to take a closer look at your home.
  2. Allows online buyers a tangible visit: Most buyers start their search online but often don't make an offer until they can physically see the home they are interested in. Having an open house allows buyers to take that extra step in the purchasing process.
  3. Highlights a home's features: If your home has any unique features, an open house is the ideal way for an agent to highlight them. We all know pictures don't do a gorgeous sunset justice, the same applies to a great home.
  4. Feedback: Your neighbors, friends, and prospective buyers get to physically walk through your home and form opinions about it. Their comments provide an agent with additional information that can be used to market your home more effectively. 
These are just a handful of the benefits of having an open house. If you would like to learn more about the process or have any questions about what you can do to market your home effectively, give us a call or shoot us an email. We would love to help you get the most out of your home sale!