A Step by Step Guide on How to Conduct a Successful Open House With 40 Must Do Actions

Have you ever wondered what it would take tothe Open.
have a Successful Open House first time, every23. Have multiple agents in attendance to assist with
time? Well you don't have to wonder any more! Weyour Open For Inspection.
have taken the hard work out of conducting Open24. Ask a Mortgage Broker to be present at the
Houses by breaking down all the key components toOpen For Inspection, to be available to talk to buyers
success and came up with a list of 40 Must Doabout repayment levels and pre qualify them for
Actions, a Step-by-Step Guide.purchasing the property.
What You will Need25. Arrive at the property early.
In a previous article entitled To Conduct a Successful26. Open all doors, blinds, curtains and windows and
Open House You Will Need These Top 16 Tools ofturn on all lights throughout the home.
Trade, we discussed What You Will Need to conduct27. Play soft and gentle welcoming music.
your Open House. You can search for it here on this28. Arrange flower display.
site.29. Burn some fragrant but not over powering
Step by Step Instructionscandles. Vanilla is always best. This saves having your
Seller make coffee, bake cookies, bread etc.
1. Educate the Seller and/or Tenant on how best to30. Prepare your Property Display Area within the
present the property.home.
2. Have the resident of the home clear the entire31. Have bottled water ready to offer your Open
property of clutter, clear off benches, tidy upHouse Guests.
cupboard contents (sometimes buyers will look)32. Greet each Open House Guest in a warm,
remove personal items of value from view, removefriendly, open manner and offer to answer any
prescription drugs and firearms (if applicable),questions they may have.
thoroughly clean the entire home inside and out33. Record the Name, Address, Phone and Email of
(paying particular attention to kitchens, bathroomsevery guest, in your Open For Inspection guest
and toilets) mow and manicure lawns and gardens.register.
3. Organise professional photography as soon as34. Maintain a watchful eye over all guests.
practical.35. At the conclusion of your Successful Open House,
4. If the property is tenanted, provide the tenantclose and secure the property leaving it the way you
with the correct amount of notification in accordancefound it upon arrival.
with laws in your State.36. Ring the occupant of the home (be it a Tenant
5. Write advertising copy and book all advertisingor Seller) and advise them the property is now
mediums, both online and offline.secure and ready for them to return.
6. Organise a professional signboard for the property37. Ring the Seller (if not already done in Step 36)
as soon as photography is finished.and provide the results of your Open For Inspection.
7. Be sure to include the unique property URL38. Ring EVERY Buyer who attended your Open
(Website Address) on the Signboard.House, before you finish work that same day! If you
8. Order Virtual Tour CDs and have Floor Planscannot reach them on the day of the Inspection
produced.then you MUST call them the following business day.
9. Prepare keys, guest register, property brochures,39. Provide both a verbal and written report to your
property presentation folder and property displaySeller with the results and feedback from your Open
board for the property display area within the home.For Inspection after speaking with each Open House
10. Prepare a Sale Contract and supportingGuest.
documentation or perhaps you may need to engage40. Present your Seller with any Contracts and
a Solicitor/Attorney to prepare these (in accordanceOffers to purchase the property.
with the laws in your State). Take this to all OpenIn summary, if you follow our Step By Step Guide
Houses and include as part of your property displayabove, it will be very easy to have a Successful
area.Open House every time.
11. Advertise the property and the upcoming OpenOf course, if you want to ensure you are knocked
For Inspections in Newspapers, Magazines and otherover in the rush each time you open up a property,
forms of print media (local, state and national) andthen remember to Sell the Sizzle in your advertising
Online with available Real Estate Portals.copy. For instance, if the property is cheap, then say
12. Prepare Directional Signage, Inspect Nowso. If it has unique features, then say so. If the Seller
A-Frames, Flags, Banners and Helium Balloons.has a specific motivating force driving the sale, that
13. Contact HOT Buyers and inform them thewould benefit the buyers by knowing, then say so.
property will be Open For Inspection.Concentrate on benefits more than features.
14. Prepare and distribute Open House Invitations toRemember your job is to be a Real Estate Agent,
all residents in the immediate surrounding suburb.not a Secret Agent!
15. Advise family and friends of the owner about theIt is now considered Best Practice to have multiple
upcoming Open For Inspection by sending them aagents (two or three) in attendance at each Open
personal invitation to attend.For Inspection. If you cannot find other agents in
16. Door knock 50 properties directly surrounding theyour office that are available to assist you, then
listed property and conduct a neighbours only Openthere are services available that can help.
for Inspection immediately prior to your public OpenA word of caution! If the property is tenanted during
For Inspection.the time you are marketing it, then be sure to
17. Be the Expert! Know your property and theprovide the tenant with the correct amount of prior
surrounding area like the back of your hand.notification, in accordance with the laws in your State.
18. Prepare your Demographic Report and CurrentA lot of agents simply neglect this important item
Market Appraisal for buyers (at the express writtenand fail to understand the severity of their actions.
consent of the owner) in accordance with theThey may be in breach of the Act by failing to
relevant laws in your State.follow the correct procedure!
19. Stage the property in accordance with the styleOne very important point I wish to make is that it is
of home you are marketing.YOUR responsibility to make sure you contact
20. Erect Directional Signage, Inspect Now A-Frames,EVERY buyer who comes to your Open House and
Flags, Banners and Helium Balloons.report the results back to your Seller. You are obliged
21. Contact the Owner or Tenant, two hours prior toto do this! After all, the Seller pays you a lot of
the scheduled Open time to confirm all is ready.commission to do just that!
22. Have the owner or tenant remove petsFinally, have fun with it all and remember this is your
(especially dogs) from the property for the period oftime to shine!