Open House drawing Black Friday Crowds…
With the Holidays behind us, buyers are back on the Real Estate scene scoping out the latest inventory. This weekend I held a home in SSF open. I had over 65 groups come through and even ran out of fliers & ended up staying well after 4pm as buyers kept showing up. I can’t remember the last time I ran out of fliers or had to stay longer then the open house was scheduled. I felt like I was at a department store on Black Friday and everything was 50% off!
The home was a single family fixer, in a desirable neighborhood. I figured there was an abundance of buyers because it was the first weekend of scheduled open houses, come to find out it wasn’t just my open house that faired well to the buyer’s scene, it was everyone’s.
Every Monday morning my office has its sales meetings. In the meetings we take count of how many people came through our open houses. Today the count was 400. Those are huge numbers which gives us all something to ponder… Buyers are out in droves, prices have come down and interest rates are historically at all time lows, has the market hit its threshold? What are your thoughts? All I can say is when it’s your time to buy or sell, it doesn’t really matter what else is going on around you. That’s the beauty of Real Estate.
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8 Responses to “Open House drawing Black Friday Crowds…”
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Hi Nicole
I held an open house this Sunday in San Bruno. There was a group waiting for me when I arrive to open up. Also ran out of flyers and stopped counting after 60 parties. Have no seen that much activity since the multiple offer days. It is great to see that people see the value of the rates, and the opportunity to become homeowners.
So very encouraging….
we offer a very desirable product!!
Brian
Hi Nicole, times are changing, just as they changed months ago, they are changing again, always in motion and always affording opportunities, thats why this is the greatest place in the world to live, work and play. Just my humble observation
Open houses were extremly busy this weekend – with prices down and interest rates at near 40 year lows it si a great time to buy!
Had the same experience over the weekend. I did an open house on a property that has been on the market for 120 days and had 20 parties through. I guess they didn’t get the memo on the crappy market. Goes to show that real estate, like politics, is local.
YES! I’ve heard that open houses are FUN and EXCITING these days! Our mall shifts on weekends have been jamming as well! We may have to put two agents on on Saturdays and Sundays to make contact with everybody!
WOW! That is all I can say – what a change since I saw you in December,2008. It goes along with the increase in interest in real estate, and I expect that maybe we can see a little light at the end of the tunnel. Very Exciting – WOW!
Great post Nicole,
Sounds like things are picking up. I have felt everyone getting more interested in looking for a home and I plan on holding an open house this sunday. Hopefully all the activity keeps up.