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Posts Tagged ‘for sale by owner’

Proof the Real Estate Market Has Turned Around

Wednesday, September 12, 2012 posted by Tommi Crow

The cover story for the September 10th weekly magazine Barron’s is on the recent surge in real estate and how the rise in property prices is no fluke.  We agree with the many experts and professionals that believe the recovery is real…and that is will continue in the foreseeable future. 

First take a look at the chart below.  You can see that housing starts (crucial to rebuilding our economy) bottomed in 2009 and have been trading in a healthy base pattern for 2 years.  In February of 2011, we finally started moving up off the bottom and the trend is continuing.

We all know that real estate can not thrive in an environment where lenders will not lend money.  Tracking real estate loans is a good indicator for the future direction of housing.  As you can see in the chart below, there has been a dramatic increase in lending, which has pushed the housing market higher over the past year.  We believe this trend will continue and will improve as lenders work there way past non-performing assets and bad loans liablities.

Finally, we show a chart of home prices since 1991.  The chart shows that home prices are certainly on a sustainable upward trend, since the 2006 crash.

 

In conclusion, we believe conclusive evidence shows that there is immediate long-term opportunities for homebuyers and investors in the housing market.  InfoTube is BULLISH on housing and the stocks of home builders, some REIT’s and home improvement giants like Home Depot and Lowes Hardware.

Thank you for visiting InfoTube.net.  We are Made in the USA manufacturers of the InfoTube and InfoBox real estate marketing tools.  If you have a home to sell…you need this product.  Exposure is everything in this market!!!  Show and Sell! 

Thanks to Barrons and Seeking Alpha for giving us facts and charts for this story.

New Rules for Comparable Sales and Apprasial Info

Wednesday, August 29, 2012 posted by Tommi Crow

The real estate meltdown has changed many things about the way we think about real estate and property values.  

Recently, we watched 3 home sales close in the same neighborhood.  Typically, the price per square foot and price range for all 3 homes would be similar…given that the ranch style homes were of similar age, size and were located in the same small neighoborhood.    What we learned today was that the 3 homes sold in a range from $200,000-$400,000…or from $100-$200 a square foot.  

The vast difference in the prices tells us a story about why comps (or comparable sales data) is not the indicator of true value that is has been in the past.   Today, we have essentially 3 housing markets, thus 3 price ranges in every neighborhood. 

    First, we have the bank owned home that sold for $200,000.   This is the home that no one cares about.  The lawn is 2 foot tall…the air conditioner has been pilfered through for copper and spare parts, the appliances have been stolen and the home has been abandoned.     This property was purchased by a rehab company, who will put a lot of money into its restoration, then resell it for a profit, at an estimated $400,000.

   Second, is the home that sold for $300,000, but, far short of the loan balance owed against it.  This house was always lived in and had never been vandalized, but all maintenance had been deferred and no updating had taken place in years.  The seller knew they were losing the home and had no money available to properly maintain the residence.    This home was sold to a young couple who didn’t mind doing some cosmetic work in order to save money. 

The third home located right around the corner from the other two closed for $400,000.  This home was meticulously maintained.  The interior and exterior had been upgraded with high end finishes and colors.   The home was move in ready.     The only thing this move up buyer had to do was unpack their personal belongings and enjoy themselves. 

As these 3 properties illustrate, we have 3 different real estate markets developing across the USA.    Typically, homes in the same neighborhood were very similiar to one another, so sales data was easy to compare.  Today, there may be 3 distinct markets in every neighborhood, so beaware that price ranges can vary greatly.  

If you are attempting to value property today, you must look at the category your home is in…ranging from bank owned/abandoned to high end/move in condition to determine the average price per square foot in your neighborhood.   Eventually, all this upheavel will work itself out… and houses in a neighborhood will once again be more similiar than different…but until then, make sure that you compare apples to apples when buying or selling

Thank you for visiting InfoTube.net.  Visit our website to place a FREE home listing, view great deals on all types of property, place an MLS listing or feature your property on Realtor.com.

Is Your Property the Pinball Listing??

Thursday, August 23, 2012 posted by Tommi Crow

   What is a Pinball Listing?

A pinball listing is a house that is listed for an unrealistic asking price.  It pulls in a lot of showings by agents and home shoppers, but receives no offers.  Real estate agents, including the listing agent for the home, use the overpriced house as a negative example to sell similar homes that are listed for lower prices.

Any pinball listing is basically a set up.  Listing agents show clients these homes to make realistically price homes look like fantastic deals, which is why the traffic for pinballs is high…but no sale will ever take place until the price is drastically reduced. 

What Happens to the Pinball Listed Home?   Unless it is being used by Realtors as a set up…they stop showing it until the seller agrees to reprice it at a realistic number.

Is it Ethical for a Broker to Accept a Pinball Listing?   NO!  It is not ethical to list a property at a price that an agents knows it will not sell.  If they do, they are intentionally misleading the seller.  Do agents list unrealistically priced houses to use as a set up, anyway?  YES, all day long.

How to Protect Yourself?  Interview several real estate agents before signing any listing agreement.  Get as much information as you can about CLOSED sales prices of comparable homes in your neighborhood.   If you are inclined, you can always push a little on the listing price, but if you get greedy, or try to go overboard…you may unknowingly become the set up, pinball, out of touch with the competition listing…that everyone loves to visit, but no one will buy.

Thank you for visiting InfoTube.net.  Visit our site to place a FREE property listing, search for great deals, MLS and Realtor.com flat fee listing packages, InfoTubes, InfoBoxes and More.

Nearly 1 in 10 Homebuyers are Foreigners

Tuesday, June 12, 2012 posted by Tommi Crow

   The 6 year slide in U.S.  home prices and the dollar weakness against some currency are driving a property buying binge with Asians, Canadians, Europeans & Latin Americans eager to own a piece of America. 

Plowing money into real estate may sound like a risky venture to many Americans.  But to a growing number of foreigners, U.S.  housing has never seen a smarter investment. 

International buyers accounted for $82.5 billion, or 8.9%, of the $928 billion spent on residential real estate in the 12 month period ended in March, according to a survey released Monday by National Association of Realtors.   (Article by the Wall Street Journal)

How does this news impact your potential home sale and your marketing efforts?  

Simply, if you are not on the Multiple Listing Service (MLS) or Realtor.com, you miss out on 1 of every 10 homebuyers looking for property in your area.   International buyers primarily use these services to locate property and if you’re not listed there…they can’t find you.   

BONUS:   Foreign buyers also pay in CASH .  No Loan Qualifications.  No Apprasials.  No Delays and No Waiting.  CASH NOW!

The cost of listing your home on the MLS or Realtor. com is only a few hundred dollars for a 6 month listing.   The summer selling season is well underway.  Get your house on the MLS and Realtor.com today.  There is no other way to get your property in front of all the homebuyers in the marketplace….and Time is ticking!!!

Thank you for visiting InfoTube.net.  Homes are definitely moving this year.  Don’t miss the season or you may be sitting for a while.  Contact us for help with your MLS listing today.

Curb Appeal is the general attractiveness of a house or other piece of property from the sidewalk. 

Why is Curb Appeal so Important when Selling Your Home?  Curb Appeal is crucial  because it is what motivates a Buyer to look inside.  If the house turns them off at the curb…they won’t get out of the car and come in.  Thus, you have no chance to sell them on the property. 

Take this property for example…nothing about it stands out…nothing about it is welcoming…nothing about it motivates me to want to see more.

There are many things that can increase the curb appeal of a piece of property.   A new paint job, landscaping and siding can go a long way towards accomplishing this.   Though not as easily measured as something like square footage, curb appeal plays an important role in property valuation.  In the case of this home…the seller greatly improved the curb appeal by changing out a boring, unattractive garage door.

In this case…the seller greatly improved the appearance of this home by spraying mold off the roof.

Showings on this home nearly doubled after the seller painted the front door a contrasting color and added seasonal flowers in front flower bed. 
This homeowner did a fantastic job of covering up old ugly brick by adding wood slats..and magically made old dated windows look cool again with some trim paint. 
The real estate market has gotten hot from south Florida to California and all the stops in between.  If you aren’t getting showings, you need to step back and take a close look at the impression your home makes from the street.  Buyers will look inside a home that is slightly overpriced…but they will not consider a home that doesn’t speak to them.
Thank you for visiting InfoTube.net.  Check out our website for great deals on homes, flat fee MLS, Realtor.com listings and outdoor info dispensers.  
If you are replacing your American Flag this Memorial Day…make sure you buy one Made in the USA or don’t buy one at ALL.  Veterans Flags sells only Made in the USA flags.

  A recent survey of hundreds of real estate agents uncovers the reasons some homes sell….and others languish on the market. 

Agents say that the majority of home sellers have gotten more “real” about their real estate in 2012.  More than half (51%) of sellers are willing to price their homes more competitively this year vs last.   And, nearly half (45%) are more willing to change the appearance of their homes to appeal to and entice buyers.   

What is the best use of a seller’s time and money?  De-clutter, de-personalize to make their home appeal to the broadest cross-section of potential buyers.

  • 94% of sellers are getting rid of clutter and making cosmetic updates.
  • 78% are willing to “de-personalize” their homes.
  • 59% are bringing in new home decorations or furniture to make their home updated and appealing.

De-personalizing and de-cluttering a home makes it easier for a buyer to imagine him or herself living in the property.   In order to sell your home in today’s competitive marketplace, it is crucial for seller’s to realize that the property is no longer their “home”…it is an expensive product that is For Sale.        

Always remove family photo’s and personal artwork.  They do nothing for the appeal of the home.  They simply distract a buyers focus and perhaps give the buyer too much information about the seller’s personal life.  Never good.

Thank you for visiting InfoTube.net.   5 FSBO houses on InfoTube.net SOLD this week.   Things are improving for those seller’s who work smart to attract buyers.   Visit our Facebook page for informative, fun and revealing news.

    

We finally have an avalanche of positive news regarding on the real estate and housing market for 2012.   

  1. Foreclosure activity in 2011 is down more than 50% lower in several states, including New Jersey, Maryland and Florida.  Realty Trac
  2. The much feared “shadow inventory” of foreclosures declined dramatically in 2011.  In December 2012, 2.2 million properties were in some stage of foreclosure.  In September 2011, that number dropped to 1.5 million units…or a whopping 32% in nine months.  Realtytrac
  3. Realtors in some hard hit area’s, such as Michigan and southern California, are reporting a shortage of housing inventory and a return to bidding wars in tight markets.  
  4. Wall Street thinks the worst is over.  Stocks of the nation’s five largest, publicly traded, home builders are at 52 week highs signaling an upswing in home construction in 2012.  In addition, the home builders have been snapping up deals on land and abandoned subdivisions in anticipation of increased buyer demand.  CNBC
  5. Realtors and home builders are getting a boost from rising rents, as Americans realize that owning a home is often less expensive than renting one.   And, while future rent increases have no ceiling on how high they can go, ownership locks in housing expenses and equity is created as the loan balance decreases each month.
  6. Legal issues, property maintenance and other issues complicating the foreclosure process will push banks and lenders to approve more short sales in 2012, further reducing housing inventory.
  7. Interest rates will remain at historical lows in 2012, which allows more people to qualify for a home and cheap money buys more house for the same monthly payment. 
  8. Foreclosure activity was down more than 30 percent in 2011.   Fewer than 2 million properties foreclosure notices were filed in 2011, down from 2.9 million property filings in 2010.  Realty Trac

InfoTube believes that this news spells OPPORTUNITY for home buyers, home builders, investors and real estate agents.  Home prices and affordability are excellent, yet buyers and investors can still find good bargains.   Today’s smart home buyers will feel like geniuses in ten years when the see what inflation has done to home prices. 

If you have a home to sell, we can help.  Visit InfoTube.net to place a FREE home listing about your property or to buy an InfoTube or InfoBox to advertise your property to drive by customers.  Or, supersize your marketing efforts with an MLS listing.  The MLS and Realtor.com reaches millions home buyers each day that otherwise would not know your home is for sale!!!

Profitable 2012 Resolution:  Showcase and show off your home with great photo’s.

Photographs are important and powerful tools in marketing real estate.    Statistics show that home sellers who provide numerous and good quality photographs of their property receive twice the amount of buyer interest than their competition.

When photographing your property, try to follow this advise from Dave Rezendes, #1 real estate photographer in the USA.

• Don’t assume that wider is better.  Sometimes a particular vignette or architectural detail will better convey the feeling of a house and give a stronger effect.

• When staging a photo, keep perspective in mind.  It may be necessary to move furniture slightly to compensate for lens distortion and keep your photo looking realistic, especially in wider shots.

• Mind your verticals.  Shooting at a downward or upward angle can skew the vertical lines of the photo, making them no longer parallel.  Most photo editing software has the capability to correct this in post-processing.

• Keep an eye on your staging.  A crooked pillow or messy bedskirt can take a minute to fix on location but hours to fix in post-processing.

• Avoid any clutter in your shots.  Any exposed power cords, personal items, or even too much staging material can negatively affect the image. Keep your photos neat but not sterile.

• Avoid photographing exterior views in direct, midday sun.  Try to cover that in the morning or early evening for the most complimentary natural light.

• Avoid photographing exterior views in direct, midday sun. Try to cover that in the morning or early evening for the most complimentary natural light.

• Before you take a photo, double-check to see that neither you nor your equipment is visible in mirrors or window reflections.

InfoTube.net Home Ad Service offers Home Sellers 20 photograph Slide Show and Video Tours.   

Make 2012 your year to Show and Sell!!!

7 Secrets to Selling Your Home Now

Thursday, April 21, 2011 posted by Tommi Crow

In today’s’ super-competitive housing market, it is essential that homebuyers picture themselves living inside the home you are trying to sell.    

7 Secrets to Selling Your Home Now

  • For starters, take down the Wallpaper – Trust me when I say, “Buyers just do not like wallpaper.”   If you doubt how personal wallpaper is…just walk into any wallpaper store and stare at the thousands of available patterns.  Chances of your tastes matching are at least a thousand to one.  Don’t risk it!  Pull that paper down!
  • The Clutter HAS to Go!  Living in a house is alot different than Selling a house.  It is easy to get blind to your own clutter.  Ask a friend, neighbor or neutral party to be honest with you.  Then, pack away every single thing you don’t use.  And, clear the kitchen counters completely.
  • Smelly Homes Will NOT Sell.  Agents have an old saying, “If I can smell it, I can’t sell it.”  Pet smells, musty odor’s, etc will kill a sale everytime.
  • White is not a Color.  But, paint is your friend.  Every room should have a fresh coat of paint in a warm, neutral color.
  • A Spot of Color.  Everyone loves flowers.  Place pots with colorful annual flowers by the front door or plant seasonal color in the beds to make your home inviting and memorable.
  • Househunting Begins on the Internet.  If your property is not exposed on the internet, your chances of a buyer finding you are very small.  Tip the odds in your favor by advertising your home on the MLS and all the major search engines for real estate.  InfoTube also offers FREE property listings on its website.   Also, make sure your listing includes at least 10 good photo’s of the interior and exterior of your home.  If possible, also include a video tour of the house and neighborhood.
  • Forget About Comp’s and Sold Properties.  Study your competition, which means homes currently For Sale.  If your home is priced too high when compared to your competition, it is going to sit for a long, long time.

Homeowners should please keep in mind that Buyers have a lot of choices.  The homeowner who can make their house stand out among the vast inventory of “For Sale” signs will the one who wins the selling game.

Thank you for visiting InfoTube.net homes for sale and rent website.  For up to the minute real estate news and tips follow InfoTube for Real Estate on Facebook.

Price Your Home to Sell

Wednesday, July 21, 2010 posted by Tommi Crow

Without the Federal Tax Credit in play, today’s home buyer’s are finding little motivation to sign on the dotted line.  Mortgage rates have remained low for a long time.  Inventory is creeping back up, so buyer’s have little fear of price inflation.   So, what can a seller do to increase a buyer’s urgency to buy?  

The #1 way that seller’s can entice buyer’s and get their attention is  an aggressive price reduction.   As many as 24 percent of home sellers have slashed prices in the last month–that is a 9 percent increase from June levels.   And, seller’s should forget about small, nickle and dime price drops.   Instead, they should dramatically drop their price  to reach a search level that will open them up to new buyers that are not aware of their listing.  For example, if your list price is $220,000, a drop to $199,000 will attract a new audience that is searching up to the $200,000 price point.  

Bottom Line:  If you are sick of waiting and want to move now, price the house to attract multiple bidders and you might even get more than you’re asking for.  And remember…if you are selling your home to buy a new one, you will likely break even because the person you are buying from is in the same gut wrenching position you are.

Thank you for visiting InfoTube.net homes for sale and rent website.  Add us to your RSS reader, Become our Facebook Fan and Search our Site for Great Sales Tips and Deals on Homes.

If you are selling real estate in the United States, you need to familiarize yourself with The Federal Fair Housing Act.   According to the Federal Fair Housing Act, you cannot discriminate against someone when selling a home.

The act defines seven different classes that are protected against discrimination, these include: 

Race

Color

National origin

Sex

Religion

Handicap

Familial status 

(You may notice that Age is not a protected class, in and of itself.  Sellers of property that are zoned 55+, adult only, etc. can discriminate on the basis of age, if it violates deed restrictions, zoning or restrictive convenants.

Attention Home Sellers:   You put yourself at serious risk of violating this act, if you refuse to sell or show your home to an interested buyer.  Remember that ignorance of the law is not a viable excuse or defense.  You will be held legally liable, even if you accidentally violate these laws without realizing it.

Review the following list of words that cannot be included in advertisements of your home, because they are in violation of the Fair Housing Laws.  

Bachelor apartment

Children welcome

Couples

Gentlemans Farm

Golden Agers

Handicapped

Integrated

Married

Mature

Mother-in-Law quarters

Professional

Section 8

Seniors

Singles only

Sports-minded 

Thank you for visiting InfoTube.net homes for Sale and Rent website.    We work hard at helping sellers market their homes.  Visit the website or our Facebook page to learn how we can help you!

How Much Does It Cost to Sell a Home?

Monday, June 14, 2010 posted by Tommi Crow

Whether or not you use a real estate agent, the process of selling a house will involve certain costs. 

Please note that some of the figures used in our examples will vary depending on the state or county a house is sold in, as well as the settlement company used and any other unique provisions that may be contained in a contract of sale. Additionally, the real estate broker commission is typically 6 percent of the sales price, but it is not a set amount.  It is a sales expense negotiated between individual sellers and brokers.   For the purposes of our example, a $250,000 sales price was used. 

Transfer taxes

As you might expect, most state and local governments make sure they profit when someone sells a house.  In most states, one-time transfer taxes will be due when a sale takes place.  It is customary for transfer taxes to be split 50/50 between the buyer and the seller, but there is no set requirement that they be divided in that manner.

Some states, like Alaska, Idaho, Indiana, Mississippi, Missouri, Montana, New Mexico, North Dakota, Oregon, Texas, Utah and Wyoming, have no transfer taxes at all. In other states, Colorado for instance, the transfer tax is nominal – the state charges only one tenth of 1 percent ($40 on a $400,000 house) in transfer taxes. The so called “Free State” of Maryland falls on the other end of the spectrum with some of the highest transfer taxes in the nation.

Commissions

As we stated earlier, real estate commissions are not a set amount. They are a point of negotiation between the seller and the broker. For illustration purposes here, we are using the industry standard of 6 percent, or $15,000 on a $250,000 sale.

Another seller expense you may run across in some area’s is a listing broker administrative brokerage commission.  It’s usually adds another $250-$500 expense on top of the 6 percent commission fee.  The seller will see it as a separate expense on their closing statement.  So, what is this fee for? By law, brokers must keep records of all their real estate transactions for a period of years. And they must produce those records if asked for them.  Although it’s a ridiculous added on fee, the listing broker administrative brokerage commission is an expense passed along by some brokers to help defray the cost of this requirement.

Settlement fees

The buyer is responsible for hiring the settlement or title company to perform closing, so the buyer will usually pay most of the fees associated with settlement. But, the seller does have some settlement expense.  If the seller has an outstanding loan on the property, the settlement company will take care of paying that loan off out of the sales proceeds. They’ll charge something for the service, plus the cost of overnight fees to quickly get the loan payoff to the mortgage holder. In our example here, we’ll use $250.   And, since interest in collected in arrears, the seller will be responsible for any interest charges that accrue after the last payment thru the day of closing.

The Bottom Line

If you sell your house for $250,000, you can probably expect to walk away with around $230,000 after taxes, real estate commissions and fees.  If no real estate commissions have to be paid out, the seller could expect to walk away with approximately $245,000.  The real number will depend on exactly what it says in the sales contract and where the property is located.

Thank you for visiting InfoTube.net homes for sale and rent website.  We have over 20,000 active home listings on our website.  Please take a moment to search for great deals, often seen no where else on the web.

Purchasing a For Sale by Owner property has a number of unique benefits that all buyers should be aware of.    Too often, buyers don’t consider fsbo listings because they are working with a real estate agent.  They are unaware that most builders and owners are willing to work with buyer’s agents and many advertise their homes on the local MLS.  If you are in the market for a home and you are not considering “by owner” listings…you could be missing out on some great deals.   Here are a few of the Advantages of buying a For Sale by Owner home.

Save Thousands on Commissions and Fee’s

When purchasing a home listed by a traditional listing broker, a 6 percent commission is factored into the seller’s asking price.  Buyers often think they aren’t paying the listing commission…but in fact…the agents $6000 cut is included in every $100,000 of the asking price.   When a homeowner or builder sells their own property, they pay no commission or a much smaller 3 percent to the buyers agent.  This substantial savings can be passed onto the buyer, who can now afford more home or get the same home for less money.

Easy Appointments to View

If you want to look a home listed with a full service broker, you have to schedule all appointments through the listing broker.  The listing broker then has to contact the owner and the buyer agent to schedule a time to look inside the home.  This process can often be inconvenient or sometimes aggravating depending on the time lapse in getting everyone on board.   When dealing directly with the seller, there is no need to go through other people to schedule a tour.  The seller will look at his schedule and immediately give you the date and time, making the entire buying process much simplier.

Negotiating the Offer

When purchasing directly from the property owner, negotiating the offer can be much easier, too.  Typically, the buyers agent first presents the offer to the listing agent…then, the listing agent makes an appointment to relay the offer to the seller.   If the seller makes a counteroffer, the whole procedure is reversed back through both agents making the whole process take a lot longer than it should.   When making an offer directly with the seller, the middle men are eliminated, which increases the odds of putting together a deal that works for both parties….and does so in record time.

InfoTube.net has over 20,000 properties listed directly by owner or by builder.  We encourage buyers to seriously consider these properties, whether you are working with an agent or not.  Working directly with the owner has many distinct advantages and benefits….no drawbacks. 

10 Strategies for a Successful Open House

Thursday, April 8, 2010 posted by Tommi Crow

Open House Strategies for Success 

  1. Set the Stage.  Mow, clean, store and pack.  Open the windows and pull back the drapes.  Turn on the lights and light a few candles. 
  2. Consider taking your pet to a neighbor or pet sitter during your Open House.
  3. Use a sign-in notebook to record contact information and invite comments and feedback.
  4. Ask a mortgage company to assist you in holding an open house.  Many local companies provide an on-site lending officer to assist buyers in calculating payments and exploring financing options.
  5. Consider calling your local title company to see if they offer assistance to sellers holding open houses.  Most of these companies offer a variety of free, helpful assistance, often including food, signage, advertising, etc…
  6. It is best to keep your Open House an adult only event.  Consider arranging for your children to be away during your Open House.
  7. Don’t crowd the attendee’s or become their tour guide.  Greet each visitor at the door and be available to answer any questions they might have, but stay in the background.  Encourage the buyers to tour on their own and at their own pace.  Make every effort to insure that each person is at ease.  Allow them the privacy and time they need to discover all features of your home that interest them.  
  8. Place small items, such as jewelry and medications, in a safe place during your Open House.  Theft and stealing are very rare, but do occur occasionally in some areas.  Safekeeping a few items will give you peace of mind and will assist you in your effort to Stage and Show your home.
  9. Be prepared for comments that you may not appreciate and try to not go on the defensive.  You are selling, but remember buyers are buying.  Remain composed when hurtful comments are made about your décor, price, neighbors, floorplan or location.  Bite your tongue, smile, remain professional and courteous.  Showing your own home is a most difficult task.  To do it successfully, it is necessary to remain objective and most of us are not, especially about our home.  Be polite and helpful to the buyer at all costs, no matter how hard.
  10. Smile, relax and enjoy meeting new people.  Your Open House is your time to stand in the spot light, so greet your visitors as you would like to be greeted. 

In conclusion, remember that holding an Open House is not mandatory for selling a home.  It is a valuable marketing tool because it allows home shoppers easy access to your home.    They are also very cost effective in terms of exposure, if you get the buyers to attend.   On the other hand, you may not want the public touring your home or open houses may not be popular in your area.  The decision to host or not is up to you… 

Thank you for visiting InfoTube.net homes for sale and rent website.  National Open House Weekend is this Saturday and Sunday.  Buyers will be looking for Royal Blue balloons flying at Open Houses held by Realtors.  Make the most of this opportunity and make sure blue balloons are flying at your house, too.   Best of luck and let us know how you did! 

Tips for Holding a Successful Open House

Tuesday, April 6, 2010 posted by Tommi Crow

For Sale Signs are popping up like tulips and National Open House Weekend is This Saturday and Sunday.  

Every home seller should take advantage of the tremendous amount of buyer traffic that will be on the street this weekend.  The Realtors Association is doing the advertising for you.   Don’t pass up the opportunity to show off your  home, too!!

What Time Should You Hold Your Home Open?

  • Open your home to the public for 3 hours, both Saturday and Sunday.   On Sunday, don’t start before 1:00.

Idea’s for Advertising and Marketing Your Open House. 

  • Place an ad in your Newspaper Classified real estate section.  Check to see if your local paper has a special Open House section, many do.  You should run your ad the morning of the Open House and if budget allows, run your ad a few days in advance of the Open House.
  • Edit your InfoTube ad and include the date and time of your Open House on your free internet ad.  Be sure to remove the dates from your ad, once the event has past.
  • After editing your ad to include your Open House date, Print new brochures with the date and time, then refill your InfoTube.   (Tip:  Make sure you print plenty of brochures to hand out at your Open House.)
  • Open House Directional Signs.  Nothing boosts attendance as much as directional signs placed at all key intersections and the routes traveled to reach your home.  You can purchase directional Arrow and Open House signs at most major home centers.  Please collect all signs after your Open House to avoid possible citations.  Many towns consider left over signs as “littering”, after the event has passed.
  • Attract more attention.  Purchase an Open House sign for a few dollars at your local hardware store.  Tie brightly colored balloons to the sign the day of the event.
  • Post your Open House on OpenHouse.com.  Place a post on Craigslist.  Send out an email.  Use the internet to gain as much attention as possible.

Tomorrow we will address Setting the Stage for the perfect Open House.   Topics will include setting the scene, staging, how to give a tour, how to work with buyers and much more….so please check back in with us!

Thank you for visiting InfoTube.net.  Get outside after work today and start sprucing up that front yard.  Nothing  draws buyers like great curb appeal.