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How to hold an open house

We suggest you print this list.

bulletLook in your local newspaper, in the classified real estate section to determine which is the most popular day for your Open House.
 
bulletSchedule your Open House at least one week in advance.
 
bulletRestrict the total number of hours you will be open (3 or 4 hours).
 
bulletPlace directional arrows from about 3 or 4 blocks away toward your home.
 
bulletPlace a VERY visible Open House sign in the front yard.
 
bulletTake basic security precautions. Do not hold an open house alone. Follow visitors into rooms, never allow yourself to be trapped.
 
bulletLeave space for visitors to park.
 
bulletRemove all debris from in front of the house.
 
bulletYour front porch area and entryway should sparkle.
 
bulletTurn on all lights, including closets and open draperies.
 
bulletPlace your brochure or other printed material in the entry area.
 
bulletIf the home features organized closets, open a few for inspection.
 
bulletTurn soft music on the same radio station in each available room.
 
bulletHave extra clean bathrooms and close all toilet lids.
 
bulletVerify that valuables have not been left where accessible to visitors.
 
bulletConsider a guest registration book for visitors to sign.
 
bulletHave financial information available. Such as utility bills, property tax bills, any recent repairs and upgrades.
 
bulletPrepare comparable price analysis with recent sales in your area to justify your price.
 
bulletHave financing costs available. Down payment if you are offering owner financing, interest rates, term of loan, monthly payments.
 
bulletAnd remember, if you get an offer, fill out a contract. Get a binder made out to your title company or real estate attorney.

[Home] [Introduction] [Improving saleability] [Creating a safe mortgage] [Market your home] [Advertising your home] [A prospect phones] [Hold an Open House] [Real estate contract] [Creating a saleable mortgage note] [Create saleable business note] [Buyers credit] [Committment to pay] [Which is the better deal?] [Mortgage credit ratings] [Owner occupied] [Non owner occupied] [Commercial] [Calculate the payment] [Second mortgages] [Borrowers with bad credit] [Documents to use] [Create your documents] [Minimum documents needed] [Steps before closing] [Seller financing imputed interest] [Unusual mortgage clauses when selling a home] [Wrap around mortgages] [Escrow real estate taxes hazard insurance] [Real estate installment sales] [Mortgage unusual clauses you should have] [IRS publication 523 2003 selling your home]

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