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How To Carry Out A Successful Open House



P


roperty agents should be        to chase the clients out with a   
pretty familiar with the        broom!                            
concept of having an                                              
open-house. This marketing            Allow at least 3 days to prepare  
process has proven to be quite        for the marketing of the          
effective and thus has been           open-house.                       
utilised as an important tool to                                        
sell or lease out properties.         3 days before - place signboards  
However, sometimes an open-house      & drop flyers to surrounding      
can prove to be quite a daunting      properties to inform passers-by   
task as you wonder if there will      and neighbours of open-house date 
be any clients coming along to        and time                          
view the property whilst you                                            
could be using your time to carry     2 days before - inform your       
out viewing to more                   company or network agents that    
"high-potential" clients.             there will be an open-house and   
                                      they are welcome to bring their   
Preparing for an open-house           clients for viewing               
                                                                        
Inform the house owner that you       1 day before - place your         
will be having an open-house over     newspaper advertisements on the   
the weekend and ask if the owner      date and time of open-house. DO   
would like to be around or not -      NOT reveal exact address as you   
it could work both ways. Some         want potential clients to call    
house-proud owners can do an even     you to enquire and fix an         
better job of describing the          appointment before they come      
house than property agents.           along.                            
However, when faced with                                                
criticisms by potential clients,      By informing the home owner well  
they may also be the first ones       in advance, it is more likely     



that you will have a nice and         flyers that you distributed 3     
clean property for open-house.        days ago and be more receptive to 
Most home owners will make sure       your presence. In fact, they      
the house is spick and span if        might just query you about the    
they know that there are visitors     property or even ask you to       
coming.                               market their own!                 
During the open-house                                                   
                                      Too many clients? - If there are  
Before the day of open-house, you     too many parties at one time, you 
ought to get a feel of the            should be extra careful           
"potential response" to your          especially if there are personal  
open-house from your company and      belongings of the owners in the   
network agents. Having a handful      house. If you are handling this   
of them confirm appointments with     property single-handedly (owner   
you would already be quite a good     not present), show the clients    
start.                                only to the spaces in the ground  
                                      level and politely ask that the   
No clients? - Do not fret ... you     clients walk through the rest of  
can take this time to find out        house by themselves as you need   
more about the condition of the       to serve the other parties that's 
house, have a friendly chat with      been waiting in the entrance      
the owner (on topics NOT related      area. This way, you can keep      
to the house), or walk around the     track of the main passage in and  
neighbourhood and learn more          out of the house.                 
about the surroundings. NOTE -        End of open-house & follow-up     
Make sure you have your                                                 
identification tag for people to      Always appreciate the efforts of  
recognise you as a housing agent.     those whom have made the          
Neighbours and passers-by should      open-house possible for you. At   
have noticed your signboards and      the end of the day of open-house, 



follow-up with the potential          sentiments towards the house and  
clients on how they felt about        this information can be used      
the house. Even if there were no      subsequently to make informed     
concrete offers, you have taken       decisions about pricing and other 
the opportunity to inform the         terms.                            
owner about the general               

                              






About the Author:

http://www.itrealtor.com is a Singapore property portal for real estate agents and home owners to post property listings for sale or rent in Singapore. Information available for use by all without copyright but kindly provide link back to http://www.itrealtor.com/toolstips.php

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