Organising an open house isn’t common in Nigerian real estate, but it can be largely beneficial. The idea behind an open house is to show the public the magnificence of a property for sale; consider it an exhibition of a property. The house could be tastefully furnished and decorated to give viewer a true-life feel of living in the property. Below are a few benefits of getting a property off the market using an open house:
It creates awareness of the property
One major thing an open house does for you is create awareness. People might not know that a house has been put up for sale. Perhaps someone within the neighbourhood has been meaning to buy a property within that same neighbourhood, an open house positions you to clinch that potential buyer.
It gives the potential buyers a little bit more
Never before had the cliché, seeing is believing, been more accurate. An open house is similar to test-running a car. The potential buyers get to see and feel the property. Some buyers can just tell, on that spot, that the property is theirs and then decide to take steps to acquire it. In no small measure, an open house is more concrete than a series of pictures, which really are just ideas.
It brings more than one potential buyer to the property per time
How about a little competition? That might not be so bad, especially when the end result is your bank account growing fatter, in any outcome following. An open house may bring several different potential buyers to a property at the same time. This could bolster one of them to quickly lock in by paying for the property, eliminating the prospect of your wonderful property being sold to someone else. And isn’t that a property seller’s dream?
