Page 4 - IMDNE Open House Guide
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Is My Property Right For An                                                                                      Why Have a Price Range?


                                                                                                                                      Open House?



                                                                                                                                                                                                                                                                  The only true indicator of value is the
                                                                                                                                      YES! All properties can be sold this way.                                                                                   price you can achieve and NOT how

                                                                                                                                                                                                                                                                  much your property goes on the
                    An OPEN HOUSE event allows many interested parties to                                                             It works best when the property is just coming                                                                              market for.

                    view your property at the same time. This way of selling                                                          onto the market but, if it has been on the market

                    houses has been tried and tested and is very successful                                                           with another agent for a while, it can still work.                                                                          A price range allows buyers to weigh up

                    in many parts of the world including the USA and                                                                  Remember, the only reason a property doesn’t                                                                                where they think the property sits within a

                    Canada. In fact, it’s so popular in these countries that it                                                       sell is down to price. You will need to be open                                                                             market that they are already researching

                    is the preferred method of selling houses.                                                                        minded about the price range to stimulate                                                                                   and then to make an offer based on what
                                                                                                                                      interest but, done right, it will succeed.                                                                                  they feel it’s worth in comparison to other

                    This creates excitement which often results in multiple                                                                                                                                                                                       properties they may be viewing.

                    offers leading to the best price being achieved.
                                                                                                                                                                                                                                                                  This is the KEY to a successful Open House.

                                                                                                                                                                                                                                                                  Get it right and the rest of it falls into
                    Open House works best where there is a wide price
 With Open House, we   range rather than an asking price.                                                                                                                                                                                                         place. Get it wrong and no-one will be
                                                                                                                                                                                                                                                                  knocking at your door. It really is as simple

 could find you a buyer to                                                                                                            The concept works because every property is                                                                                 as that!




 pay the best price for                                                                                                               worth something to someone. So, whether you                                                                                 The low end of the price range may make
                                                                                                                                                                                                                                                                  you nervous to begin with but once you
                                                                                                                                      own a million pound mansion or a studio flat, you

 your property, fast.                                                                                                                 can still sell by Open House.                                                                                               understand that it’s just to get people
                                                                                                                                                                                                                                                                  through the door you can relax knowing

                                                                                                                                      HOUSES                                          FLATS                                                                       that you will never have to accept an
                                                                                                                                                                                                                                                                  offer that you’re not  completely

                                                                                                                                      BUNGALOWS                                       MAISONETTES                                                                 happy with.












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