Pros and Cons of Holding Open Houses in the Louisville, KY Real Estate Market

Pros and Cons of Holding Open Houses in the Louisville, KY Real Estate Market

If you currently have your home listed on the market, you have probably wondered about the importance of holding an Open House. Will my house sell quicker if we hold an Open House? Does everyone do it? What if we don’t really want to have an Open House? These valuable questions are all part of the thought process when selling your home. Ideally, you have a Realtor who has discussed the pros and cons with you. A knowledgeable Realtor can offer their insight as to why or why not an Open House is necessary.

Click here to view upcoming Louisville Open Houses.

Here at the Louisville Real Estate Pros office, we have quite a bit of personal experience in the home selling process. Whether you are a first time home seller or you are familiar with the process, we have the knowledge and current market research to back up our view on why an Open House may or may not be beneficial for your specific home for sale.

Selling your Louisville home? It might be worth more than you think!

Pros of Holding a Louisville Open House

An Open House can give your home for sale a lot of extra exposure. Think about the marketing involved just when listing your home. An experienced Agent will market your home within their own office or area. They will create online articles or blog posts to market your listing online. (Nowadays, many buyers start their search on the internet before getting in touch with a Realtor.) A knowledgeable Agent will place a sign in a visible section of your property and possibly at busy intersections nearby. They will continue to reach out to potential buyers in your market until your home is sold. Likewise, the same types of marketing happen when you hold an Open House. Newspaper ads can be placed. The time and location of your Open House will be shared online across various Real Estate companies. There may even be Open House signs placed near your home to grab the attention of those passing by. An Open House certainly offers an extra boost of exposure across all the types of Real Estate marketing. 

An Open House offers a no pressure situation to buyers. When someone is just beginning the home buying process for the first time, they may have no idea where to start. An Open House provides these beginning buyers with a way to get a feel for what type of property they are looking for. The period available for potential buyers to walk through your home gives them plenty of time to discuss what they may like or dislike. It’s a true no pressure situation.

An Open House may push an already interested buyer to make an offer on your home for sale. Some active buyers use Open Houses to walk through properties that they have already seen during a private showing. Maybe they visited your property early during their home search, or maybe they were on the fence initially. If a buyer is interested in your home and sees a large number of other buyers also viewing your property, they may be driven to make an offer. Buyer competition is a great thing for a seller; competition can lead to multiple offers. That is definitely a win for a home seller.

Cons of Holding a Louisville Open House

Pros and Cons of Holding Open Houses in the Louisville, KY Real Estate Market

An Open House will bring in a lot of unqualified buyers. Whether it’s a potential buyer who has not yet received a mortgage pre-approval or just a neighbor who wants to see your recent renovations, Open Houses frequently drawn in people who most likely will not be buying your property. So although there could be a high level of traffic walking through your home, it doesn’t necessarily mean that many people are interested in buying.

An Open House is not statistically proven to lead to a direct sale of your home. It is pretty rare that a buyer, who views your home for the first time at your Open House, will in turn make an offer. Most buyers choose to work with a knowledgeable Realtor. If your home meets the buyer’s requirements, their Realtor has probably already shown your home’s details to them. If someone is serious about your property, they will schedule a private showing.

Some Final Thoughts on the Pros and Cons of Open Houses

• Each home for sale is different than the next. Your Realtor may suggest an Open House if it will help gain the exposure your home needs. Location, number of days on the market, and overall number of showings are all factors that play into your Realtor’s suggestions.

• If you are beginning the process of listing your home for sale, ask your Realtor about their view of holding Open Houses up front. Whether or not you decide to hold one, the decision should be a part of your plan from the start. With an experienced Realtor, a solid game plan, and up-to-date marketing tools, selling your home doesn’t need to be a lengthy process.

• If your Realtor suggests skipping the Open House, be sure to discuss other marketing options with them. They should be able to offer you a tried-and-true marketing plan; it should be a plan that has proven its worth. Ask for statistics. A Realtor that has real experience in your specific Real Estate market should be able to provide you with their past successes. Don’t be afraid to interview your Realtor to be sure they are the right fit for the job.

Click here to contact us.

Do you have more questions about what it takes to sell your Louisville home? Pam Ruckriegel with Louisville Real Estate Pros at Keller Williams Realty Louisville East has the Real Estate experience you are looking for. Contact her today! 502-435-5524.

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128 Properties
Page 1 of 7
Open 2/5
15 Lincoln Run Rd Louisville,  KY 40245
$1,195,000
Neighborhood: Long Run Farms
4
Beds
5
Baths
6,717
Sq.Ft.
1976
Year Built
24
Days on Site
1628526
MLS
Welcome home to 15 Lincoln Run Road. This absolutely charming estate comes turnkey as we are offering this home fully furnished. Located in Shelby County within a few hundred yards of the...
Open 2/19
1779 Apple House Rd Beaver Dam,  KY 42320
5
Beds
7F21/2
Baths
13,314
Sq.Ft.
1999
Year Built
497
Days on Site
1597046
MLS
New Price and buyer incentive! Seller offering $10,000 to help buy down the rate. California dreamin' in Kentucky! Originally built as a short-term rental and venue, see attached projected revenue...
Open 2/5
1214 Bells Mill Rd Shepherdsville,  KY 40165
7
Beds
4F21/2
Baths
9,400
Sq.Ft.
1996
Year Built
1
Day on Site
1629967
MLS
A Gorgeous Home on 2.78 acres with 7 Bedrooms & 9,400 finished square feet priced under 1 million? YES, PLEASE! Come experience this one-of-a-kind property. The Finished Walk-out Lower Level offers a...
Open 2/4
1575 Ochs Ln Bloomfield,  KY 40008
3
Beds
3
Baths
3,262
Sq.Ft.
2010
Year Built
57
Days on Site
1627309
MLS
One of a kind custom built home on 5.31 soft rolling acres. So much privacy on this dead end county road. Enter into the foyer into a beautifully tiled game room with 11' ceilings then straight out...
Open 2/5
2416 Broadmeade Rd Louisville,  KY 40205
$699,000
Neighborhood: Broadmeade
5
Beds
3F11/2
Baths
3,020
Sq.Ft.
1946
Year Built
1
Day on Site
1629960
MLS
This Seneca Gardens beauty is the best of both worlds! The luxury of new home amenities with the character and charm of an old Louisville home. Updated top to bottom this 5 bedroom, 3 full bath home...
Open 2/5
Lot #305 Angel Falls Dr Prospect,  KY 40059
$679,900
Neighborhood: Sanctuary Falls
3
Beds
2F11/2
Baths
2,190
Sq.Ft.
2022
Year Built
169
Days on Site
1620254
MLS
This spectacular 3 Bedroom 2.5 Bath Ranch located in the new Sanctuary Falls neighborhood in Prospect. This great home has it all with an open floor plan with 9' ceilings, Pella windows, built-in...
Open 2/5
2113 Centurion Way Louisville,  KY 40245
$649,900
Neighborhood: The Villas Of Floyds Fork
3
Beds
3
Baths
2,624
Sq.Ft.
2018
Year Built
17
Days on Site
1628889
MLS
Introducing this beautiful and like new home in the Villas at Floyds Fork. Originally built in 2019, the home is located on a prime lot backing up to Floyds Fork and includes many upgrades throughout....
Open 2/5
6226 Breeze Hill Rd Crestwood,  KY 40014
$649,900
Neighborhood: Briar Hill Estates
5
Beds
3F11/2
Baths
3,313
Sq.Ft.
2004
Year Built
15
Days on Site
1629023
MLS
Introducing this charming and renovated 5 bedroom home in the desirable Briar Hill Estates in Oldham county. Perched atop a spacious lot, a lavish front porch greets you upon approach making the home...
Open 2/5
1906 Strathmoor Blvd Louisville,  KY 40205
$598,800
Neighborhood: Strathmoor
4
Beds
2F21/2
Baths
3,131
Sq.Ft.
1943
Year Built
22
Days on Site
1628675
MLS
Re-Imagined, Re-Designed and Professionally Renovated by T-Top, LLC!! This 1943 English Cottage has been opened up and expanded!! Hard to find First Floor Primary Suite, Chef's Kitchen, and Hardwood...
Open 2/5
Lot #15 Ruby Falls Dr Prospect,  KY 40059
$593,702
Neighborhood: Sanctuary Falls
2
Beds
3
Baths
2,693
Sq.Ft.
2022
Year Built
169
Days on Site
1620233
MLS
Brand new Elite Homes community. Premium Brownsboro Road location! Our ''Garden Homes'' are free standing and include complete grounds keeping. Low maintenance finishes, carefree lifestyle. Age in...
Open 2/5
3025 Juniper Hill Rd Louisville,  KY 40206
$570,000
Neighborhood: Cherokee Woods
4
Beds
3
Baths
3,995
Sq.Ft.
1978
Year Built
1
Day on Site
1629942
MLS
Don't miss the best value in Cherokee Gardens! This large home in the Cherokee Woods is conveniently located down the street from Seneca Park, and a short distance from Cherokee Park and the shops...
Open 2/4
14313 Halden Ridge Way Louisville,  KY 40245
$568,950
Neighborhood: Bellingham Park
5
Beds
3
Baths
3,402
Sq.Ft.
2022
Year Built
84
Days on Site
1625980
MLS
The Canterbury floor plan is a home with room to grow, with five bedrooms including a guest bedroom and full bath on the main floor, and a spacious loft area on the second floor. The main level...
Open 2/3
14603 Reserve Park Pl Louisville,  KY 40245
$549,900
Neighborhood: The Reserve At English Station
4
Beds
3
Baths
2,430
Sq.Ft.
2022
Year Built
93
Days on Site
1625367
MLS
MODEL HOME! Gorgeous brand new construction by Sunshine Builders. 4 bed 3 bath Cypress 1.5 story home on a SLAB in the newest subdivision/development in Middletown. The Reserve at English Station...
Open 2/5
427 Locust Park Pl Louisville,  KY 40245
$549,000
Neighborhood: Locust Creek
4
Beds
3
Baths
2,529
Sq.Ft.
2022
Year Built
86
Days on Site
1625798
MLS
100% FINANCING available and possible interest rate buydown. , Address of this property is 225 Locust Park Place. Welcome to the Parks of Locust Creek. The home offers single family detached home...
Open 2/5
1417 Swan Creek Cir Louisville,  KY 40299
$545,243
Neighborhood: Creekside Commons
3
Beds
2F11/2
Baths
2,190
Sq.Ft.
2022
Year Built
276
Days on Site
1611285
MLS
Welcome to one of Elite Built Homes newest communities, Creekside Commons! Featuring our popular ''Jamestown'' floor plan, this all-brick home has 3 bedrooms, 2.5 bathrooms, a formal dining room and...
Open 2/5
63 Persimmon Ridge Dr Louisville,  KY 40245
$539,000
Neighborhood: Persimmon Ridge
5
Beds
3F11/2
Baths
3,483
Sq.Ft.
1996
Year Built
1
Day on Site
1629953
MLS
Own one of the most gorgeous lots in the prestigious Persimmon Ridge golf community! The backyard view is picture perfect and was recently featured in Stroll Persimmon Ridge, the neighborhoods...
Open 2/5
1415 Swan Creek Cir Louisville,  KY 40299
$522,721
Neighborhood: Creekside Commons
3
Beds
2
Baths
1,959
Sq.Ft.
2022
Year Built
247
Days on Site
1613677
MLS
Welcome to one of Elite Built Homes newest communities, Creekside Commons! Featuring our ''Brandywine'' floor plan this all-brick home has 3 bedrooms, 2 full bathrooms, 2 car attached garage and an...
Open 2/4
14304 Halden Ridge Way Louisville,  KY 40245
$521,034
Neighborhood: Bellingham Park
4
Beds
3F11/2
Baths
2,901
Sq.Ft.
2022
Year Built
57
Days on Site
1627298
MLS
The Bridgeport offers a luxurious first floor primary bedroom suite, open living areas, and three bedrooms and two baths plus loft on the second floor. Main floor living areas include a flex room...
Open 2/4
14301 Halden Ridge Way Louisville,  KY 40245
$519,900
Neighborhood: Bellingham Park
5
Beds
3
Baths
3,364
Sq.Ft.
2022
Year Built
154
Days on Site
1621330
MLS
The Canterbury floor plan is a home with room to grow, with five bedrooms, one of which is on the main floor with a full bath. The main level offers a covered front entry, which leads into the dining...
Open 2/4
3427 Sasse Way Louisville,  KY 40245
$519,900
Neighborhood: Woods Of Fox Run
4
Beds
3F11/2
Baths
3,874
Sq.Ft.
1992
Year Built
64
Days on Site
1626878
MLS
Welcome Home! A custom-built home in The Woods of Fox Run community. This Cape Cod style home offers you so many possibilities to complete your dreams. This spacious floorplan offers a wonderful open...

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