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Updated almost 8 years ago on . Most recent reply
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Are Open Houses Worth It?
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Open Houses can be good, it's an opportunity to meet new faces with at least some interest in real estate. Some of the interest can be snoopy neighbors, especially after a flip as they want to see the finished product. Sometimes others have an interest in selling and are curious of values.
The best opportunity has always been picking up new buyers. They come in, you provide some level of value, build trust and you can assist them in finding the right home.
My first year in real estate in Iowa (1986) I got my license on a Friday, held an open house on Sunday and sold the house to a couple that walked in. I had to sublet the apartment they had for it to close but we got it done and I had a new apartment. lol
Moved to Arizona in 1998 and lived the first year almost entirely off Open House because I had no contacts or book of business.
They can work!