The end of the Open House?

According to the National Association of Realtors only 3% of potential home buyers visited an open house in 2018. This is down from 68% twenty years ago!

Moreover, many realtors are advising their clients not to feature an open house saying it is “out of date” or “utterly worthless.”

The rise of the Internet has changed home buying, of course, and 92% of potential home buyers view properties first online. Email alerts allow buyers to see changes in price etc. instantly.

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