Once a primary tool for real estate agents looking to sell a home, experts say the traditional open house has lost its influence in the Internet age. Most buyers today conduct their preliminary research at home – reviewing online photos, virtual tours, and a home’s layout – and arranging for private showings of the properties ... [Read More]
Once a primary tool for real estate agents looking to sell a home, experts say the traditional open house has lost its influence in the Internet age. Most buyers today conduct their preliminary research at home – reviewing online photos, virtual tours, and a home’s layout – and arranging for private showings of the properties they’re interested in.
Many REALTORS® report that open houses rarely attract interested, qualified buyers. During the boom times, it was more common for buyers to make offers at open house because they were worried that another buyer would beat them to it. But with real estate sales slow in most markets, the urgency is no longer there.
Buyers who visit an open house without their REALTOR® could be setting themselves up for problems. Listing agents – the REALTORS® who are representing the seller – have a fiduciary responsibility to represent the sellers’ best interests, which, not surprisingly, are often in conflict with the buyers’ best interest.
Once a primary tool for real estate agents looking to sell a home, experts say the traditional open house has lost its influence in the Internet age. Most buyers today conduct their preliminary research at home – reviewing online photos, virtual tours, and a home’s layout – and arranging for private showings of the properties ... [Read More]
Once a primary tool for real estate agents looking to sell a home, experts say the traditional open house has lost its influence in the Internet age. Most buyers today conduct their preliminary research at home – reviewing online photos, virtual tours, and a home’s layout – and arranging for private showings of the properties they’re interested in.
Many REALTORS® report that open houses rarely attract interested, qualified buyers. During the boom times, it was more common for buyers to make offers at open house because they were worried that another buyer would beat them to it. But with real estate sales slow in most markets, the urgency is no longer there.
Buyers who visit an open house without their REALTOR® could be setting themselves up for problems. Listing agents – the REALTORS® who are representing the seller – have a fiduciary responsibility to represent the sellers’ best interests, which, not surprisingly, are often in conflict with the buyers’ best interest.
Los Angeles Times The pace of new home sales in March was up 7.5 percent from a year earlier, the Census Bureau and the Dept. of Housing and Urban Development reported this week. Read the full story http://www.latimes.com/business/money/la-fi-mo-new-home-sales-20120424,0,1201517.story?track=rss [Read More]
Yahoo! Real Estate Signaling that housing may be in recovery mode, median list prices for resale homes jumped about 5.6 percent to $189,900 from a year ago, according to the NATIONAL ASSOCIATION OF REALTORS®. Read the full story http://realestate.yahoo.com/promo/report-signals-start-of-broad-based-housing-recovery.html [Read More]
