Transform Transform June 2014 | Page 15

Prepare the Home Have Guests Sign In Don’t forget to speak with the homeowners one week before the event about the importance of cleaning. One of the biggest mistakes with open houses is not collecting information. I know it’s easier to make an excuse why you can’t collect it rather than making it the key to a successful open house. Provide them with a printout of often missed areas of the home, such as baseboards and blinds. In addition, make sure they know to be out of the house and to take their pets with them so that buyers can walk around in ease. Also, recommend that they remove highly personal items such as: • hunting trophies • political or religious symbols • children’s artwork • controversial books • valuables • medications Ask guests to fill in a sign in sheet with their full name, address and contact information as they enter the home. I’ve heard of some agents even require a photo I.D. to ensure they get accurate names. If you don’t collect their information how can you expect to stay in touch and generate leads? Isn’t that the purpose of holding an open house? Quench Their Thirst Providing cookies and snacks at an open house is always a good idea, but don’t forget about quenching your buyer’s thirst too. Have plenty of ice cold lemonade, soft drinks and bottled water on hand during the warm spring and summer months. During the cooler season offer hot chocolate and coffee. Make Financing Easy Some buyers may already be prequalified but others are just starting the home buying process. Inviting a lender to attend the open house and answer any questions is another way to generate leads. But more importantly, if a buyer shows up at your open house you want the ability to leave with your new buyers so you can show more properties. You want to strike while the iron is hot, don’t you? It’s only possible if you have someone you trust to host the remaining time at your open house. This is another great reason for a lender to participate with you when hosting open houses. Follow Up Immediately As soon as the open house ends start planning your follow up. Using the signup sheet, you can send thank you letters to each of the attendees that includes the website or MLS listing link for the home. You can insert another business card, a flyer from the lender and end with a note that it was great to meet them. Holding a successful open house is really about all of the little details. Agents that take the time to carefully plan out an open house will have buyers that respond. 15