There are two types of open houses. One is the broker’s caravan. Recently I have been holding more public open houses. As I have been selling real estate for more than two decades, I not only run into friends and neighbors but people I have met at other open houses. At the Via Venado home in La Canada, I ran into a couple who purchased one of my La Crescenta listings six years ago (with another agent). And became reacquainted with another couple I met fifteen years ago at a listing I had near Kenneth Village in Northwest Glendale.
Open house traffic is up and it seems that more neighbors are visiting the new listings in their neighborhood, trying to get a gauge on prices. But in this heated home seller’s real estate environment the listing price is often much less than the selling price. If you are a neighbor trying to get a feel for prices, be sure to check online or contact the agent to learn the final selling price.
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If you attend public open houses, please take this refresher course on Open House Etiquette