Question:
“There’s a house I’d like to see on Conrad. I’ll just wait until they do an open house. Do you know when it will be open?”
Answer:
No, but you could be waiting a long time!
Many people mistakenly believe that homes for sale are held open constantly AND that open houses are the way that most homes sell.
Neither is correct.
I estimate that the average home is held open less than one time. In other words, for every 10 homes put up for sale, they might have 5 open houses total.
And statistics show that about 2% of homes sell from their open house.
So let’s go ahead and arrange a time for you to see that house you’re interested in…