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 Is my realtor full of bs about washington state real estate?
I'm trying to buy my first house, in the cheaper suburbs about 30 miles outside off seattle. I've been trying to buy for 8 years but prices were always one step ahead of me. This is the ...


 How do you work out the square footage of a house? Please ?
two storeys, bottom storey is larger than top ...


 If I submit a lowball offer on a house, will the seller or the owner take it as offensive & try to retaliate?
What kind of actions could he/she take to retaliate against me?...


 Do you think this guy is trying to rip me off since I'm doing owner financing through an attorney?
We've discussed the house for months, and now I have the $ so we talked to a lawyer today to draw up a contract (I haven't agreed). His stipulations are:
*9% financing 48k over 15 yrs<...


 200 sq foot condo bad investment?
my girlfriend wants to know if purchasing a 232sq ft. condo for $129,000 is a good investment in prime location?...


 Can a Rental Manager tell me that I cannot afford an apartment..without a credit check and application?
I am an african american who is looking for a new apartment in the Silicon Valley in CA. I am a Sr Product Manager who is looking to relocate close to work. I recently went to an apartment complex ...


 Can I put a lean on someone's house who broke a rental lease with me and did not pay the rent owed me.?
A couple who were renting from me moved out early (because they purchased a home) - their lease at the time would not end for another 7 months. I said they had to pay the rent until someone else ...


 I don't have good credit and i need to buy a house.what can i do?
...


 Why are the united states houses so cheap?
is the usa market crashing?
Additional Details
i dont want to live there dirk.. i was looking at your houses on remax and i could buy a new house and still have money left over.. and i ...


 Can my landlord show my apartment while I'm still living there?
I rent an apartment in NJ and will be moving out on April 30, 2007. I have given my landlord the proper notification and understand that he would like to have the place occupied by May 1. He wants ...


 What is a foreclosed home?
Why are foreclosed homes so cheap and is the price they have listed really what they are selling it for or is there a catch?
If you can send me web-sites that explain everything that would be ...


 My parents are victims of predatory lending. What can we do now?
My mom attempted to get a loan to refinance her house through beneficial lending. She had no knowledge of the mortgage business and trusted this mortgage broker to help her. My mom is very trusting ...


 Should I accept a low bid on my house?
An offer has been made for $10,000 less than what I bought my house for. In the Michigan economy, this is not suprising. If I take it, I will break even on what I owe, but have to pay the realtor fee ...


 Is it possible to surrender your property to the mortgage company?
I'm from the UK. I would like to move quickly, but can't sell my house in time. One option is to surrender the property. Is this possible or legal?...


 Where is the best place to live in the U.S.?
I want a simple life, with low cost living. Right now my rent is about 40 percent of my income....


 If my boyfriend and I buy a house, should both of our name be on the title if we're not married yet?
...


 Can my boyfriend of 2 years kick me out of his house with no notice?
He owns the house and pays utilities. I buy food and some supplies for the house.
First i came home one night and he locked me out. I had to find a place to stay for the night. We spent 2 weeks ...


 Help with eviction process...?(loophole)..?
My mom is trying to evict a tenant which is our sister. She's 29 and refuses to leave. We live in Washington and she called the cops on us cuz she's crazy and they said that you have to ...


 We are in the process of buying a house and we recieved the documents this morning?
with all ther fatcs and figures etc. On the fees section its saying we have to pay £1,995 administration fees!! we were under the impression that we didnt have to pay this? are we wrong? does ...


 House Rent Question just got a letter from landlord...?
this is what it says:
After much consideration the best alternative we can offer is to extend the vacate time to may 31st 2007 with a fee of 2,000 to compensate for time lost.We need to move ...



Skippy
What good is an open house?
I am FSBO selling my home. When I first began marketing the home I was getting about 3 showing per week. This until I quickly realized that everyone was likely window shopping, or nosy neighbors. So I added that I was requiring pre-qualified buyers or a 90% letter for an appointment to show. Since this time, I have not had even one showing in just over a month!

Now I'm thinking of having some open houses. My problem is that what good does this do? 99% of those who intrude upon my home are just looking, curious, or being nosy? Do, or can you really get a buyer through an open house?

Also, if your neighbor, whom you have been at odds with tries to come to my open house, can I'll tell him to take a hike? You would not believe the nosy-ness these freaks around me use.
                     
 




Rex Deus
Rating
It gives prospective buyers an opportunity to look at the house without being pressured by your real estate agent.

The only problem is that sometimes(due to the lack of control) things go missing.


novastarbanker
This is what realtors deal with all day long, and why they are paid for the service they perform. Selling a home is a tedious, time consuming event, and there are curious people out there who just like to see how other people decorate. By mandating that people come "pre-qualified" is like cutting your writ open. Anyone should be able to come look, but the people offering a bid need the pre-qual. Advertising, and open houses are crucial to the process for the exposure it gets your home. But in the end, without an agent, you now know how an agent feels day after day, house after house. Handled correctly, the realtors actually earn their commission for the people who don't want to deal with what you are dealing with. Stay committed, keep advertising, do those open houses and deal with the time wasters to sell that house, or wait for your FSBO listing to expire, and hire a trained professional to do the job for you. Good Luck!!
P.S. I am not a realtor, I am a loan officer who works with realtors.


ChathamMommy
We sold our house FSBO and bought a FSBO. While we never had an open house (an agent brought a family in-- which I would not recommend agreeing to unless you're desperate, but that's a whole 'nother question), we bought our house at an open house. Oddly enough, we weren't planning to buy for another six months or so and were just looking to get an idea of the market. However, we found a house that suited us to a "t", so we bought it in less than a month after that first, spontaneous visit.

Yes, a lot of the viewers will be just curious or looking... and that's okay! Seeing your house may inspire them to make a change when they hadn't planned to. Requiring pre-qualification will get rid of the looky-loos, but you might also lose the potential buyer.

As far as nosy neighbors, it's your home! You do not have to let anyone in (without a warrant) unless you want to. If you have an open house and a neighbor comes back, you can just turn them away or tactfully say that you're trying to keep the house empty for potential buyers only. Since they're your neighbor, there's not much chance of them being a potential buyer, which should help.

Professional opinions are mixed on this topic. This article from RealtyTimes.com believes that open houses can sell houses-- with the right agent (in this case, with you acting actively as a salesperson):
http://realtytimes.com/rtcpages/20051201_openhouse.htm

This article, from MSN Real Estate, however, says agents use open houses more to further THEIR business than to sell the house:
http://realestate.msn.com/selling/Article.aspx?cp-documentid=510890

Keep in mind both of these are agent point-of-view, not FSBO. If I remember correctly, back when we sold our house, the website strongly recommended an open house for owner-salesmen (can't access that part of the site anymore, now that I'm not a customer). Do what makes you the most comfortable, but to sell your house, people need to see it, and you don't have the contacts an agent would have.

One last thing: I found the MLS listing to be invaluable. If you have the option with the company you are FSBO with (if you are with a company), I would strongly recommend it.


Pure Genius
An open house can definitely generate a good buyer. You also may want to contact a realtor, i know FSBO seems like a great idea but you are really getting into something you probably dont know much about. Its like hiring a plumber to decorate your house. A realtor specializes in selling a home and can get you the most for your money.

Anyway I found a great site with a bunch of seller tips, and open houses, I think this can help you!

Good Luck!
http://www.homesbyanita.com/RealEstateTips/HomeSelling/marketing_buyers5.aspx

http://www.homesbyanita.com/RealEstateTips/HomeSelling/default.aspx


J - A
When you take on the role of salesman for your home you have to SELL!! What I mean is, don't just show your house, sell it. Pre-qualify tourists yourself. Spend time with those of interest. The basic answer is to drive traffic to your home and generate word of mouth or buzz about your new property.


Sling
Rating
having a open house is a great option to selling your house. Always keep in mind that it only takes one person to like your house to get it sold. Even though you have numerous people coming through your house, that one that wants it might come also. Any buyer loves to look at house that heshe might buy and it helps to see it being lived in so they can see how their stuff will fit into the space. I suggest maybe you have a designer come in and help you arrange your house for the best possible showing of your best selling features. That's what I did when I sold my house. Good luck.


wendy_da_goodlil_witch
Rating
you get a lot of people that just want to look at houses for something to do, but you might get a prospective buyer. you set the time and day. you don't have to do anything else, but don't leave valuables out. have family members posted throughout the house to keep an eye on wanderers. it's still your house so you don't have to allow people in that you don't want.


Q
Rating
Done correctly, an Open House is an excellent marketing tool within a targeted marketing plan.

Marketing is to project a dream that would attract those who share in that dream. Whereas Selling is to define the intangible benefits that realizes the Vision that is marketed.

In selling your home, the objective is to find a buyer who is looking for a home, whose search criteria matches what you are offering.

Pre-qualified buyers are represented by Real Estate Agents, they are your source of buyers. I advise you to hire a Real Estate Agent who is connected to a network of Buyer agents; who would be able to put the word out to those agents regarding your home.

Your Realtor would ask those agents if they have clients in the market for a home that matches your home specifications. The clients that are looking for what you are selling, would then be invited to an open house.

If you want your home to sell quickly, get a certified detailed home inspection and appraisal, correct all defects, get a second inspection and appraisal, and use those "before and after" documents as your selling and price point.

Click on the links below, and apply the tips you learn to your home. If you have sattelite or cable, tune in to HGTV, and record the shows that matches the titles.


Shredded Cottage Cheese
why don't you contact a couple of agents in the area and tell them you'll co-op a commission to them for bringing a qualified buyer (who actually buys your house), even though you will continue to do it FSBO. This was you gain some of the MLS traffic.


No clue
Rating
an open house can create interest and if multiple people are there at the same time they may even bid against each other


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