June 7, 2018 | Selling
5 Reasons To Work With An Agent Who Holds Great Open Houses
Are you preparing to sell your home? If so, you should choose a real estate agent who will use every available tool to attract potential buyers. As far as we’re concerned, that includes open houses.
Print and digital campaigns are important pieces of the marketing puzzle. But sometimes, opening a home up to potential buyers is the strategy that leads to a sale. We’ve seen these events get results, which is why we believe holding them is a great idea—even though the idea can make some sellers nervous.
What’s the difference between an open house that wows attendees and one that falls flat? In most cases, it’s the experience of the real estate agent involved. Put simply, it pays to work with a professional who has experience planning, promoting, and hosting these unique events.
Here, we’ll look at five of the biggest benefits of working with an agent who has open house expertise.
1) You can create more buzz in the neighbourhood
There will always be potential homebuyers looking in your area. And so long as they’re appealing, your online listings, video tours, and other marketing materials will attract some of these buyers. But what if you could take your efforts a step further?
Promoting a buzz-worthy event can set you apart from other home sellers. That’s important, because when your home goes on the market, the whole world should know!
An agent with open house experience will know how to get your neighbours excited about stepping inside your front door. From gorgeous postcards to eye-catching signage and social media posts, they’ll find the right marketing mix to get the word out.
Remember: the more attendees you have, the greater your chances of finding the right buyer quickly.
2) You can attract unexpected buyers
Have you ever been drawn in by a block party or street festival? There’s nothing better than discovering fun in your own backyard—especially when it’s free. A good agent can create the same sense of excitement around your home by planning an event-based open house.
Creativity can go a long way. If there are a lot of families in your area, an afternoon of fun-filled activities for kids could be just the thing to attract your neighbours. You could also host a wine and cheese, or a Q&A with local renovation experts.
Here’s the best part of these events: they can attract neighbours who don’t even know they’re in the market yet.
We can tell you from experience, potential buyers often consider moving for a long time before they take any concrete steps. But when they stumble upon the right house, they’re often very eager to follow up.
Even attendees who have no interest at all in buying may have friends who are looking for a house. If you offer them a good time or a learning experience, they won’t forget you (or your home) the next time they talk to the home hunters they know.
3) Your agent can speak directly to buyers
Marketer, negotiator, trusted advisor—as seller’s agents, we wear many hats. But when you get right down to it, it’s our job to sell your house and your neighbourhood to the right buyer.
An open house provides a way for agents to speak directly to prospective buyers. They have no other opportunity to do this with early-stage home hunters, who are far more likely to attend a fun local event than scour online marketing materials.
The fact is, in-person interactions can sell homes. A good agent is a master communicator—someone capable of presenting every aspect of your house in a positive light. They know what buyers need to know and want to hear.
Of course, it’s important to have a comprehensive marketing plan to reach the largest potential pool of home hunters. But for some buyers, the best marketing material in the world won’t be as effective as a face-to-face interaction.
4) They can offer a tailored approach
Speaking of marketing materials, have you ever noticed how some advertisements seem like they were created just for you? That’s because marketers get to know their target audiences inside and out. They create videos, written content, and other types of advertising with specific groups of people in mind.
A seller’s agents does the same thing at an open house. They go into the event with different target audiences in mind. They know which aspects of the home and neighbourhood to highlight for different types of buyers—and how to deliver that information to create the greatest possible impact.
When your agent talks to first-time parents, she should be ready to discuss school districts, community safety, and why your potential home is perfect for a growing family. When she talks to a young professional, she might highlight potential future resale value and the quick commute to downtown.
Open houses can attract all kinds of potential homebuyers. Once they’re in the door, your agent can use a tailored approach that appeals to their specific motivations.
5) They can help buyers overcome objections
During an open house, seller’s agents are bound to speak with potential buyers who are interested, but hesitant. It makes sense: a home purchase is a major transaction. Often, obstacles arise before the buying process even gets under way.
Speaking to your agent can help a potential buyer overcome obstacles that are preventing them from considering your house. Think of it this way: your agent knows your home—and your selling priorities—inside and out. This puts them in a unique position to come up with creative solutions that work for both sides.
A good seller’s agent can also help potential buyers clear up misconceptions and understand anything that might be confusing about the buying process. By providing a unique opportunity for your agent to speak directly to potential buyers, open houses can provide the key to a successful sale.
Want to learn more about the benefits of a great open house? Send us a message. We’ll help you figure out whether an open house is for you—and answer any questions you have about the selling process!
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