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	<title>First Home Buyers &#8211; Plaza Real Estate &#8211; Powered by EXP</title>
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                <title>5 Crucial Steps to Take Before Buying Your First Home</title>
                <link>https://plazarealestate.com.au/real-estate-blog/5-crucial-steps-to-take-before-buying-your-first-home/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
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                    <![CDATA[Keys, portrait and mature couple in new home with bonding, happiness and love in marriage. Hug, smile and man with...]]>
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                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                    <item>
                <title>5 Hidden Red Flags to Watch for When Touring a Home</title>
                <link>https://plazarealestate.com.au/real-estate-blog/5-hidden-red-flags-to-watch-for-when-touring-a-home/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/5-hidden-red-flags-to-watch-for-when-touring-a-home/</guid>
                <description>
                    <![CDATA[Touring potential homes is the most exciting part of the buying process. It is easy to fall in love with...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                    <item>
                <title>5 High-ROI Upgrades to Make Before Listing Your Home</title>
                <link>https://plazarealestate.com.au/real-estate-blog/5-high-roi-upgrades-to-make-before-listing-your-home/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/5-high-roi-upgrades-to-make-before-listing-your-home/</guid>
                <description>
                    <![CDATA[When preparing to sell your home, it is natural to want to make it look as perfect as possible to...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Why the First 14 Days on the Market Define Your Sale</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-the-first-14-days-on-the-market-define-your-sale/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-the-first-14-days-on-the-market-define-your-sale/</guid>
                <description>
                    <![CDATA[Why the First 14 Days on the Market Define Your Sale A lot of sellers think listing a home is...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The 20% Down Myth That’s Keeping Buyers on the Sidelines</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-20-down-myth-thats-keeping-buyers-on-the-sidelines/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-20-down-myth-thats-keeping-buyers-on-the-sidelines/</guid>
                <description>
                    <![CDATA[You’ve done the math. You found the perfect neighborhood. You know what you can afford comfortably every month. But then...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Why Your Zestimate Isn’t Your Asking Price</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-your-zestimate-isnt-your-asking-price/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-your-zestimate-isnt-your-asking-price/</guid>
                <description>
                    <![CDATA[It happens every single day in real estate. A homeowner decides they are finally ready to sell. Before calling a...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Interest Rate Focus Mistake Buyers Are Making in 2026</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-interest-rate-focus-mistake-buyers-are-making-in-2026/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-interest-rate-focus-mistake-buyers-are-making-in-2026/</guid>
                <description>
                    <![CDATA[In 2026, one topic dominates nearly every buyer conversation. Interest rates. Buyers watch them daily. Headlines track them hourly. Social...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Smart Strategies for Buying a Home in Today’s Market</title>
                <link>https://plazarealestate.com.au/real-estate-blog/smart-strategies-for-buying-a-home-in-todays-market/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/smart-strategies-for-buying-a-home-in-todays-market/</guid>
                <description>
                    <![CDATA[If you’ve been keeping an eye on the housing market recently, you might be feeling a mix of excitement and...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Pre-Qualified vs. Pre-Approved: The Crucial Difference Buyers Miss</title>
                <link>https://plazarealestate.com.au/real-estate-blog/pre-qualified-vs-pre-approved-the-crucial-difference-buyers-miss/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/pre-qualified-vs-pre-approved-the-crucial-difference-buyers-miss/</guid>
                <description>
                    <![CDATA[You’ve spent hours scrolling through real estate apps, favoriting gorgeous kitchens, and mapping out your dream neighborhood. You feel ready...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Waiting for Rates to Drop? Why “Timing the Market” Could Cost You</title>
                <link>https://plazarealestate.com.au/real-estate-blog/waiting-for-rates-to-drop-why-timing-the-market-could-cost-you/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/waiting-for-rates-to-drop-why-timing-the-market-could-cost-you/</guid>
                <description>
                    <![CDATA[You check your news feed every morning, hoping to see the magical headline: Mortgage Rates Plummet. You’ve paused your home...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Energy Efficiency is the New Curb Appeal: Why 2026 Buyers Are Paying for Performance, Not Just Looks</title>
                <link>https://plazarealestate.com.au/real-estate-blog/energy-efficiency-is-the-new-curb-appeal-why-2026-buyers-are-paying-for-performance-not-just-looks/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/energy-efficiency-is-the-new-curb-appeal-why-2026-buyers-are-paying-for-performance-not-just-looks/</guid>
                <description>
                    <![CDATA[For a long time, sellers knew exactly what it took to win over a buyer. A fresh coat of neutral...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>29 Zenobia Crescent, Modbury North, SA Presented by Eriks Draiska.</title>
                <link>https://plazarealestate.com.au/real-estate-blog/29-zenobia-crescent-modbury-north-sa-presented-by-eriks-draiska/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/29-zenobia-crescent-modbury-north-sa-presented-by-eriks-draiska/</guid>
                <description>
                    <![CDATA[Click to see more: https://www.searchallproperties.com/virtualtour/3485383/29-Zenobia-Crescent-Modbury-North-SA 29 Zenobia Crescent Modbury North, SA 5092 Contact Eriks Draiska for more information. Plaza Real...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Why Buyers Are Paying for Ease, Not Projects</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-buyers-are-paying-for-ease-not-projects/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-buyers-are-paying-for-ease-not-projects/</guid>
                <description>
                    <![CDATA[&nbsp; &nbsp; A lot of sellers still think buyers will do what buyers used to do. They think someone will...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Monthly Payment Is Not the Whole Payment</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-monthly-payment-is-not-the-whole-payment/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-monthly-payment-is-not-the-whole-payment/</guid>
                <description>
                    <![CDATA[A lot of buyers do the same thing at the beginning of the search. They look at the list price,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Sellers Are Not Competing With the Market. They Are Competing With Buyer Caution.</title>
                <link>https://plazarealestate.com.au/real-estate-blog/sellers-are-not-competing-with-the-market-they-are-competing-with-buyer-caution/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/sellers-are-not-competing-with-the-market-they-are-competing-with-buyer-caution/</guid>
                <description>
                    <![CDATA[&nbsp; A lot of sellers still think the biggest challenge is the market itself. They assume rates are the problem,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>This Is a Market for Prepared Buyers and Realistic Sellers</title>
                <link>https://plazarealestate.com.au/real-estate-blog/this-is-a-market-for-prepared-buyers-and-realistic-sellers/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/this-is-a-market-for-prepared-buyers-and-realistic-sellers/</guid>
                <description>
                    <![CDATA[Business people negotiating a contract. Human hands working with documents at desk and signing contract. If you are trying to...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Why Flexibility Is Winning Deals Right Now</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-flexibility-is-winning-deals-right-now/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-flexibility-is-winning-deals-right-now/</guid>
                <description>
                    <![CDATA[One of the biggest mistakes buyers and sellers make is assuming the market will bend to their plan. Buyers decide...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Quiet Advantage Most Buyers and Sellers Ignore</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-quiet-advantage-most-buyers-and-sellers-ignore/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-quiet-advantage-most-buyers-and-sellers-ignore/</guid>
                <description>
                    <![CDATA[A lot of people think the advantage in real estate has to look dramatic. They think it comes from perfect...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>In This Market, Buyers Are Not Looking for Projects. They Are Looking for Easy.</title>
                <link>https://plazarealestate.com.au/real-estate-blog/in-this-market-buyers-are-not-looking-for-projects-they-are-looking-for-easy/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/in-this-market-buyers-are-not-looking-for-projects-they-are-looking-for-easy/</guid>
                <description>
                    <![CDATA[A lot of sellers still think buyers want potential. They think buyers will walk in, see past the old paint,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>861 Marrabel Road, Hamilton, SA Presented by Eriks Draiska.</title>
                <link>https://plazarealestate.com.au/real-estate-blog/861-marrabel-road-hamilton-sa-presented-by-eriks-draiska/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/861-marrabel-road-hamilton-sa-presented-by-eriks-draiska/</guid>
                <description>
                    <![CDATA[Click to see more: https://861Marrabel.IsHomeNow.com 861 Marrabel Road Hamilton, SA 5373 Contact Eriks Draiska for more information. Plaza Real Estate...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Your First Offer Probably Shouldn’t Be Your Highest</title>
                <link>https://plazarealestate.com.au/real-estate-blog/your-first-offer-probably-shouldnt-be-your-highest/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/your-first-offer-probably-shouldnt-be-your-highest/</guid>
                <description>
                    <![CDATA[A lot of buyers walk into the offer stage thinking there are only two choices. They either come in with...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Quiet Advantage Most Sellers Ignore Right Now</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-quiet-advantage-most-sellers-ignore-right-now/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-quiet-advantage-most-sellers-ignore-right-now/</guid>
                <description>
                    <![CDATA[A lot of sellers think the advantage in a changing market comes down to timing. They want to list on...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Why Overpricing Feels Safe, But Is Actually Risky</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-overpricing-feels-safe-but-is-actually-risky/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-overpricing-feels-safe-but-is-actually-risky/</guid>
                <description>
                    <![CDATA[A lot of sellers think the same way in the beginning. They want to list a little high and see...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>How to Know You’re Ready to Buy, Financially and Emotionally</title>
                <link>https://plazarealestate.com.au/real-estate-blog/how-to-know-youre-ready-to-buy-financially-and-emotionally/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/how-to-know-youre-ready-to-buy-financially-and-emotionally/</guid>
                <description>
                    <![CDATA[A lot of people ask the wrong question at the beginning of the process. They ask, “Can I buy a...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Why Smaller Homes Are Winning Right Now</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-smaller-homes-are-winning-right-now/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-smaller-homes-are-winning-right-now/</guid>
                <description>
                    <![CDATA[3D Interior rendering of a modern tiny loft For a long time, bigger was the goal. More square footage. More...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Buying a Home Isn’t Just Math. It’s Confidence.</title>
                <link>https://plazarealestate.com.au/real-estate-blog/buying-a-home-isnt-just-math-its-confidence/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/buying-a-home-isnt-just-math-its-confidence/</guid>
                <description>
                    <![CDATA[  Buying a home couple with their keys to the house happy  A lot of people talk about buying a...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>How to Make Big Real Estate Decisions Without Regret</title>
                <link>https://plazarealestate.com.au/real-estate-blog/how-to-make-big-real-estate-decisions-without-regret/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/how-to-make-big-real-estate-decisions-without-regret/</guid>
                <description>
                    <![CDATA[One of the hardest parts of buying or selling a home is not the paperwork, the timing, or even the...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Stop Trying to Time the Market. It Usually Does Not Work.</title>
                <link>https://plazarealestate.com.au/real-estate-blog/stop-trying-to-time-the-market-it-usually-does-not-work/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/stop-trying-to-time-the-market-it-usually-does-not-work/</guid>
                <description>
                    <![CDATA[I cannot tell you how many people put their move on hold because they are waiting for the market to...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Netting the Most When Selling Your Home Matters More Than Getting the Highest Price</title>
                <link>https://plazarealestate.com.au/real-estate-blog/netting-the-most-when-selling-your-home-matters-more-than-getting-the-highest-price/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/netting-the-most-when-selling-your-home-matters-more-than-getting-the-highest-price/</guid>
                <description>
                    <![CDATA[A lot of sellers fixate on one number. The highest offer. It makes sense. A bigger number feels like a...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>What Buyers Notice Immediately When They Walk Into Your Home</title>
                <link>https://plazarealestate.com.au/real-estate-blog/what-buyers-notice-immediately-when-they-walk-into-your-home/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/what-buyers-notice-immediately-when-they-walk-into-your-home/</guid>
                <description>
                    <![CDATA[happy young couple buying new home with real estate agent. Sellers usually think buyers are paying attention to the big...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Perfect Home Is a Myth, and What to Look for Instead</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-perfect-home-is-a-myth-and-what-to-look-for-instead/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-perfect-home-is-a-myth-and-what-to-look-for-instead/</guid>
                <description>
                    <![CDATA[A lot of buyers think they are looking for the one. The perfect house. The perfect layout. The perfect street....]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The First Two Weeks on the Market Matter More Than Anything Else</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-first-two-weeks-on-the-market-matter-more-than-anything-else/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-first-two-weeks-on-the-market-matter-more-than-anything-else/</guid>
                <description>
                    <![CDATA[A lot of sellers think time is on their side. They assume they can list high, see what happens, make...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>What Buyers Regret Most After Closing, and How to Avoid It</title>
                <link>https://plazarealestate.com.au/real-estate-blog/what-buyers-regret-most-after-closing-and-how-to-avoid-it/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/what-buyers-regret-most-after-closing-and-how-to-avoid-it/</guid>
                <description>
                    <![CDATA[Crop close up of female tenant renter show praise house keys moving to first own new apartment or house, happy...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Think Like an Investor, Even If This Is Your Forever Home</title>
                <link>https://plazarealestate.com.au/real-estate-blog/think-like-an-investor-even-if-this-is-your-forever-home/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/think-like-an-investor-even-if-this-is-your-forever-home/</guid>
                <description>
                    <![CDATA[A lot of buyers say the same thing when they find the house they want. “This is our forever home.”...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>What Would You Do If You Had to Move in 90 Days?</title>
                <link>https://plazarealestate.com.au/real-estate-blog/what-would-you-do-if-you-had-to-move-in-90-days/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/what-would-you-do-if-you-had-to-move-in-90-days/</guid>
                <description>
                    <![CDATA[Family explores new house and gets ready to move carrying packages. Preschooler boy and junior schoolboy enjoy moving into new...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Why Some Homes Sell in Days and Others Sit for Months</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-some-homes-sell-in-days-and-others-sit-for-months/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-some-homes-sell-in-days-and-others-sit-for-months/</guid>
                <description>
                    <![CDATA[This is one of the biggest questions sellers ask. Why did that house down the street sell right away while...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Buying a Home Starts Before House Hunting</title>
                <link>https://plazarealestate.com.au/real-estate-blog/buying-a-home-starts-before-house-hunting/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/buying-a-home-starts-before-house-hunting/</guid>
                <description>
                    <![CDATA[Home For Sale Real Estate Sign in Front of New House. This is where a lot of buyers get themselves...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Why Waiting for the Market to Settle Usually Costs More</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-waiting-for-the-market-to-settle-usually-costs-more/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-waiting-for-the-market-to-settle-usually-costs-more/</guid>
                <description>
                    <![CDATA[Happy family on the floor with cardboard boxes moving in their new home &#8211; isolated It sounds like a smart...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Presentation Beats Renovation: Why Clean, Staged, and Well-Positioned Homes Win</title>
                <link>https://plazarealestate.com.au/real-estate-blog/presentation-beats-renovation-why-clean-staged-and-well-positioned-homes-win/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/presentation-beats-renovation-why-clean-staged-and-well-positioned-homes-win/</guid>
                <description>
                    <![CDATA[Detroit, Michigan -USA- November 10, 2022: new home has been staged and is ready for sale Many homeowners preparing to...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The New Commute in Real Estate: How Remote Work Changed What “Location” Means</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-new-commute-in-real-estate-how-remote-work-changed-what-location-means/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-new-commute-in-real-estate-how-remote-work-changed-what-location-means/</guid>
                <description>
                    <![CDATA[For decades, one phrase defined real estate decisions. Location, location, location. Traditionally that meant one thing. How close a home...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Navigate a Changing Real Estate Market: The Market Isn’t Good or Bad — It’s Different</title>
                <link>https://plazarealestate.com.au/real-estate-blog/navigate-a-changing-real-estate-market-the-market-isnt-good-or-bad-its-different/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/navigate-a-changing-real-estate-market-the-market-isnt-good-or-bad-its-different/</guid>
                <description>
                    <![CDATA[Every year someone asks the same question. “Is this a good market or a bad market?” The truth is, the...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Right Order to Make Home Decisions</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-right-order-to-make-home-decisions/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-right-order-to-make-home-decisions/</guid>
                <description>
                    <![CDATA[Homeownership comes with choices. Renovate the kitchen. Turn the property into a rental. Refinance the mortgage. Sell and move on....]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The 8 Seconds You’ll Love a Home</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-8-seconds-youll-love-a-home/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-8-seconds-youll-love-a-home/</guid>
                <description>
                    <![CDATA[Find the home you love in 8 seconds you know When buyers walk into a property for the first time,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>How to Prepare Emotionally to Sell Your Home</title>
                <link>https://plazarealestate.com.au/real-estate-blog/how-to-prepare-emotionally-to-sell-your-home/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/how-to-prepare-emotionally-to-sell-your-home/</guid>
                <description>
                    <![CDATA[Most people focus on pricing, repairs, and timing when they decide to sell. But one of the most overlooked parts...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>How Life Stages and Real Estate Decisions Matter More Than the Economy</title>
                <link>https://plazarealestate.com.au/real-estate-blog/how-life-stages-and-real-estate-decisions-matter-more-than-the-economy/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/how-life-stages-and-real-estate-decisions-matter-more-than-the-economy/</guid>
                <description>
                    <![CDATA[Happy multi-generation family portrait in the countryside When people talk about buying or selling a home, they often focus on...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Renovate or Leave It Alone? How to Decide What Actually Pays Off</title>
                <link>https://plazarealestate.com.au/real-estate-blog/renovate-or-leave-it-alone-how-to-decide-what-actually-pays-off/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/renovate-or-leave-it-alone-how-to-decide-what-actually-pays-off/</guid>
                <description>
                    <![CDATA[If you are preparing to sell, one of the first questions you will face is simple but expensive: renovate or...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Buyer-broker agreements: what buyers need to know now before touring</title>
                <link>https://plazarealestate.com.au/real-estate-blog/buyer-broker-agreements-what-buyers-need-to-know-now-before-touring/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/buyer-broker-agreements-what-buyers-need-to-know-now-before-touring/</guid>
                <description>
                    <![CDATA[If you are planning to buy a home, you may notice something different the first time you ask an agent...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Negotiation power is back for buyers: how to ask for credits, repairs, rate buydowns, and timelines without killing the deal</title>
                <link>https://plazarealestate.com.au/real-estate-blog/negotiation-power-is-back-for-buyers-how-to-ask-for-credits-repairs-rate-buydowns-and-timelines-without-killing-the-deal/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/negotiation-power-is-back-for-buyers-how-to-ask-for-credits-repairs-rate-buydowns-and-timelines-without-killing-the-deal/</guid>
                <description>
                    <![CDATA[For the past few years, many buyers felt like they had one job: compete. Offers were rushed, contingencies were trimmed,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Hidden Costs of Waiting to Buy (That No One Talks About)</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-hidden-costs-of-waiting-to-buy-that-no-one-talks-about/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-hidden-costs-of-waiting-to-buy-that-no-one-talks-about/</guid>
                <description>
                    <![CDATA[Sad man sitting on sofa home, holding tablet PC, making facepalm gesture. Frustration and disappointment on face palpable, as if...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Make Smart Home Decisions. Before you renovate, rent, refinance or sell. Read this!</title>
                <link>https://plazarealestate.com.au/real-estate-blog/make-smart-home-decisions-before-you-renovate-rent-refinance-or-sell-read-this/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/make-smart-home-decisions-before-you-renovate-rent-refinance-or-sell-read-this/</guid>
                <description>
                    <![CDATA[Owning a home comes with choices. Renovate. Rent it out. Refinance. Sell and move on. Each option sounds reasonable on...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>2026 Housing Market Trends for Buyers and Sellers: What You Need to Know</title>
                <link>https://plazarealestate.com.au/real-estate-blog/2026-housing-market-trends-for-buyers-and-sellers-what-you-need-to-know/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/2026-housing-market-trends-for-buyers-and-sellers-what-you-need-to-know/</guid>
                <description>
                    <![CDATA[As we settle into 2026, the housing market continues to evolve in ways that directly impact home buyers and sellers....]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Homesteading Homes: The Next Big Trend for Home Buyers and Sellers</title>
                <link>https://plazarealestate.com.au/real-estate-blog/homesteading-homes-the-next-big-trend-for-home-buyers-and-sellers/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/homesteading-homes-the-next-big-trend-for-home-buyers-and-sellers/</guid>
                <description>
                    <![CDATA[In today’s shifting real estate market, many home buyers and sellers are asking: Are homesteading homes the next big trend?...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Why Real Estate Timing Matters More Than Waiting for Things to Settle</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-real-estate-timing-matters-more-than-waiting-for-things-to-settle/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-real-estate-timing-matters-more-than-waiting-for-things-to-settle/</guid>
                <description>
                    <![CDATA[&nbsp; Every year there is a reason people hesitate to buy or sell a home. Interest rates feel uncertain. Inventory...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Selling a Home in 2026: Why Presentation and Positioning Matter More Than Ever</title>
                <link>https://plazarealestate.com.au/real-estate-blog/selling-a-home-in-2026-why-presentation-and-positioning-matter-more-than-ever/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/selling-a-home-in-2026-why-presentation-and-positioning-matter-more-than-ever/</guid>
                <description>
                    <![CDATA[&nbsp; The process of selling a home in 2026 looks very different than it did even a few years ago....]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>High Interest Rate Home Buying: How Buyers and Sellers Can Win in Today’s Market</title>
                <link>https://plazarealestate.com.au/real-estate-blog/high-interest-rate-home-buying-how-buyers-and-sellers-can-win-in-todays-market/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/high-interest-rate-home-buying-how-buyers-and-sellers-can-win-in-todays-market/</guid>
                <description>
                    <![CDATA[The rules of buying and selling homes have changed. Interest rates remain elevated, mortgage costs are rising, and deals that...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Real Estate Revitalization Opportunities: How Abandoned Cities Are Becoming Prime Markets for Home Buyers, Sellers, and Investors</title>
                <link>https://plazarealestate.com.au/real-estate-blog/real-estate-revitalization-opportunities-how-abandoned-cities-are-becoming-prime-markets-for-home-buyers-sellers-and-investors/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/real-estate-revitalization-opportunities-how-abandoned-cities-are-becoming-prime-markets-for-home-buyers-sellers-and-investors/</guid>
                <description>
                    <![CDATA[Entire towns across the United States and Europe once sat empty. Factories closed, industries relocated, and populations steadily declined. For...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Niche Real Estate Opportunities for Buyers and Sellers: How Life Transitions Are Shaping the Market</title>
                <link>https://plazarealestate.com.au/real-estate-blog/niche-real-estate-opportunities-for-buyers-and-sellers-how-life-transitions-are-shaping-the-market/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/niche-real-estate-opportunities-for-buyers-and-sellers-how-life-transitions-are-shaping-the-market/</guid>
                <description>
                    <![CDATA[The housing market is evolving, and opportunities now exist beyond the typical listings. While traditional properties dominate online searches, niche...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Downsizing Homes for Buyers and Sellers: Smart Tips for a Smooth Transition</title>
                <link>https://plazarealestate.com.au/real-estate-blog/downsizing-homes-for-buyers-and-sellers-smart-tips-for-a-smooth-transition/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/downsizing-homes-for-buyers-and-sellers-smart-tips-for-a-smooth-transition/</guid>
                <description>
                    <![CDATA[Downsizing has become one of the most significant trends in today’s housing market. Whether you’re a homeowner looking to simplify,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Why Every Buyer and Seller Needs a Home Walkthrough Checklist in Today’s Market</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-every-buyer-and-seller-needs-a-home-walkthrough-checklist-in-todays-market/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-every-buyer-and-seller-needs-a-home-walkthrough-checklist-in-todays-market/</guid>
                <description>
                    <![CDATA[Buying or selling a home today means being more cautious and informed than ever. Repair costs are rising, labor is...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Big Brokerage Shuffle: How Brokerage Consolidation Impacts Agents and Clients</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-big-brokerage-shuffle-how-brokerage-consolidation-impacts-agents-and-clients/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-big-brokerage-shuffle-how-brokerage-consolidation-impacts-agents-and-clients/</guid>
                <description>
                    <![CDATA[The real estate industry is in the middle of a major reshuffle, and it is not happening quietly. Brokerage consolidation...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Lifetime Client Strategy for Real Estate Agents: Staying Top-of-Mind After the Sale</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-lifetime-client-strategy-for-real-estate-agents-staying-top-of-mind-after-the-sale/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-lifetime-client-strategy-for-real-estate-agents-staying-top-of-mind-after-the-sale/</guid>
                <description>
                    <![CDATA[In real estate, closing a transaction isn’t the end of the relationship; it’s the beginning of a long-term opportunity. That’s...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Real Marketing Problem: Siloed Thinking in Real Estate Agents</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-real-marketing-problem-siloed-thinking-in-real-estate-agents/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-real-marketing-problem-siloed-thinking-in-real-estate-agents/</guid>
                <description>
                    <![CDATA[In today’s fast-moving real estate market, one of the biggest obstacles to effective marketing is Siloed Thinking. Many agencies treat...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Buying a New Build? New Construction Home Trends Shaping Today’s Market</title>
                <link>https://plazarealestate.com.au/real-estate-blog/buying-a-new-build-new-construction-home-trends-shaping-todays-market/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/buying-a-new-build-new-construction-home-trends-shaping-todays-market/</guid>
                <description>
                    <![CDATA[Buying a newly built home looks very different than it did just a few years ago. Shifts in interest rates,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                </content:encoded>
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                <title>Why Digital Marketing for Real Estate Agents Is Here to Stay and Why 3D Thinking Matters</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-digital-marketing-for-real-estate-agents-is-here-to-stay-and-why-3d-thinking-matters/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-digital-marketing-for-real-estate-agents-is-here-to-stay-and-why-3d-thinking-matters/</guid>
                <description>
                    <![CDATA[In today’s real estate market, understanding digital marketing for real estate agents is no longer optional; it’s essential for staying...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Strategies for Real Estate Investing in a High Rate, High Insurance Market</title>
                <link>https://plazarealestate.com.au/real-estate-blog/strategies-for-real-estate-investing-in-a-high-rate-high-insurance-market/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/strategies-for-real-estate-investing-in-a-high-rate-high-insurance-market/</guid>
                <description>
                    <![CDATA[Focus on Properties with Strong Cash Flow Potential In a high cost environment, cash flow becomes more important than ever....]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Holiday Curb Appeal Tips to Wow Buyers This Winter</title>
                <link>https://plazarealestate.com.au/real-estate-blog/holiday-curb-appeal-tips-to-wow-buyers-this-winter/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/holiday-curb-appeal-tips-to-wow-buyers-this-winter/</guid>
                <description>
                    <![CDATA[Winter may be a slower season for listings, but it can be a powerful opportunity for real estate agents who...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Cash Is King: Navigating a Housing Market Dominated by Cash Buyers</title>
                <link>https://plazarealestate.com.au/real-estate-blog/cash-is-king-navigating-a-housing-market-dominated-by-cash-buyers/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/cash-is-king-navigating-a-housing-market-dominated-by-cash-buyers/</guid>
                <description>
                    <![CDATA[When cash buyers are a major force in housing markets, sellers and agents feel it, and so should anyone tracking...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                    <item>
                <title>Why High Mortgage Rates Aren’t Keeping Buyers Away (Yet)</title>
                <link>https://plazarealestate.com.au/real-estate-blog/why-high-mortgage-rates-arent-keeping-buyers-away-yet/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/why-high-mortgage-rates-arent-keeping-buyers-away-yet/</guid>
                <description>
                    <![CDATA[Whether you are a real estate agent, investor, or prospective homebuyer, you have probably noticed what feels like a standstill...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                    <item>
                <title>Holiday Home Staging: What to Add and What to Avoid</title>
                <link>https://plazarealestate.com.au/real-estate-blog/holiday-home-staging-what-to-add-and-what-to-avoid/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/holiday-home-staging-what-to-add-and-what-to-avoid/</guid>
                <description>
                    <![CDATA[If you are listing your home this season, well-thought-out holiday home staging can make all the difference. Using holiday home...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

<!-- wp:paragraph -->
<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                </content:encoded>
                                                            </item>
                    <item>
                <title>Selling Your Home: How Higher Capital Gains Can Save You Thousands</title>
                <link>https://plazarealestate.com.au/real-estate-blog/selling-your-home-how-higher-capital-gains-can-save-you-thousands/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/selling-your-home-how-higher-capital-gains-can-save-you-thousands/</guid>
                <description>
                    <![CDATA[If you&#8217;re thinking about selling your home, understanding how higher capital gains work could actually save you thousands, not just...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>How to Make a Small Space Feel Bigger During the Holidays</title>
                <link>https://plazarealestate.com.au/real-estate-blog/how-to-make-a-small-space-feel-bigger-during-the-holidays/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/how-to-make-a-small-space-feel-bigger-during-the-holidays/</guid>
                <description>
                    <![CDATA[Getting cozy for the holidays can feel like a challenge when you’re working with limited square footage. But with smart...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The True Cost of Buying a Home: What Buyers Forget to Budget For</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-true-cost-of-buying-a-home-what-buyers-forget-to-budget-for/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-true-cost-of-buying-a-home-what-buyers-forget-to-budget-for/</guid>
                <description>
                    <![CDATA[Introduction When you&#8217;re focused on saving up for a down payment, the true cost of buying a home can feel...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>How to Get Your Offer Accepted in a Competitive Market</title>
                <link>https://plazarealestate.com.au/real-estate-blog/how-to-get-your-offer-accepted-in-a-competitive-market/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/how-to-get-your-offer-accepted-in-a-competitive-market/</guid>
                <description>
                    <![CDATA[In today’s fast-moving real estate environment, knowing how to get your offer accepted in a competitive market is more important...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Real Estate Tax Tips for Sellers and Investors</title>
                <link>https://plazarealestate.com.au/real-estate-blog/real-estate-tax-tips-for-sellers-and-investors/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/real-estate-tax-tips-for-sellers-and-investors/</guid>
                <description>
                    <![CDATA[Introduction If you are preparing to sell property or grow your portfolio in 2026, mastering the most effective real estate...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>What to Expect During the Home Appraisal Process</title>
                <link>https://plazarealestate.com.au/real-estate-blog/what-to-expect-during-the-home-appraisal-process/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/what-to-expect-during-the-home-appraisal-process/</guid>
                <description>
                    <![CDATA[When you’re preparing to buy or sell a home, understanding the home appraisal process becomes essential. Whether you’re a first-time...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

<!-- wp:paragraph -->
<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                </content:encoded>
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                <title>Home Buying Mistakes to Avoid in Today’s Market</title>
                <link>https://plazarealestate.com.au/real-estate-blog/home-buying-mistakes-to-avoid-in-todays-market/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/home-buying-mistakes-to-avoid-in-todays-market/</guid>
                <description>
                    <![CDATA[Introduction In a real estate climate where conditions are shifting rapidly, understanding how to navigate the home-buying process is more...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Getting Your Home Ready for Winter: What Every Homeowner Should Do</title>
                <link>https://plazarealestate.com.au/real-estate-blog/getting-your-home-ready-for-winter-what-every-homeowner-should-do/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/getting-your-home-ready-for-winter-what-every-homeowner-should-do/</guid>
                <description>
                    <![CDATA[Winter is just around the corner, and preparing your house can make a big difference in comfort, safety, and costs....]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Home Inspection Tips Every Buyer and Seller Should Know</title>
                <link>https://plazarealestate.com.au/real-estate-blog/home-inspection-tips-every-buyer-and-seller-should-know/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/home-inspection-tips-every-buyer-and-seller-should-know/</guid>
                <description>
                    <![CDATA[When you’re navigating today’s real estate market, a thorough home inspection is more important than ever. Whether you’re buying or...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Using Home Equity to Move Up: Smart Strategies for Sellers</title>
                <link>https://plazarealestate.com.au/real-estate-blog/using-home-equity-to-move-up-smart-strategies-for-sellers/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/using-home-equity-to-move-up-smart-strategies-for-sellers/</guid>
                <description>
                    <![CDATA[Looking to leverage your equity and step into a new home? The strategy of using home equity to move up...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Best Time to Sell a House: Should You List Before the Holidays or Wait for Spring?</title>
                <link>https://plazarealestate.com.au/real-estate-blog/best-time-to-sell-a-house-should-you-list-before-the-holidays-or-wait-for-spring/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/best-time-to-sell-a-house-should-you-list-before-the-holidays-or-wait-for-spring/</guid>
                <description>
                    <![CDATA[If you’re trying to decide when is the best time to sell a house, you’re not alone. Timing matters, and...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>How Rising Interest Rates Affect Your Monthly Payment and What Buyers Can Still Do to Lower It</title>
                <link>https://plazarealestate.com.au/real-estate-blog/how-rising-interest-rates-affect-your-monthly-payment-and-what-buyers-can-still-do-to-lower-it/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/how-rising-interest-rates-affect-your-monthly-payment-and-what-buyers-can-still-do-to-lower-it/</guid>
                <description>
                    <![CDATA[If you’ve been keeping an eye on current housing trends, you’ve likely noticed one major theme dominating headlines: rising interest...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Want to Start Investing in Real Estate? Here’s the Smartest Way to Begin</title>
                <link>https://plazarealestate.com.au/real-estate-blog/want-to-start-investing-in-real-estate-heres-the-smartest-way-to-begin/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/want-to-start-investing-in-real-estate-heres-the-smartest-way-to-begin/</guid>
                <description>
                    <![CDATA[Thinking about building long-term wealth? You’re not alone. More Americans are turning to investing in real estate as a strategic...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>What Is a Mortgage Rate Buydown And Can It Actually Save You Money?</title>
                <link>https://plazarealestate.com.au/real-estate-blog/what-is-a-mortgage-rate-buydown-and-can-it-actually-save-you-money/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/what-is-a-mortgage-rate-buydown-and-can-it-actually-save-you-money/</guid>
                <description>
                    <![CDATA[In today’s housing market, where mortgage rates fluctuate more than ever, many homebuyers are searching for creative ways to make...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Smart Homes &amp;amp; Tech: What Buyers Are Looking For</title>
                <link>https://plazarealestate.com.au/real-estate-blog/smart-homes-tech-what-buyers-are-looking-for/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/smart-homes-tech-what-buyers-are-looking-for/</guid>
                <description>
                    <![CDATA[Introduction In today’s competitive real estate market, smart homes &amp; tech are no longer optional &#8211; they’re expected. As homebuyers...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Haunted or Historic? How to Market Homes with a Spooky Past</title>
                <link>https://plazarealestate.com.au/real-estate-blog/haunted-or-historic-how-to-market-homes-with-a-spooky-past/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/haunted-or-historic-how-to-market-homes-with-a-spooky-past/</guid>
                <description>
                    <![CDATA[Introduction Every property has a story, but what happens when that story is a little unsettling? From rumored hauntings to...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>First-Time Homebuyer Guide: What Costs Most People Overlook</title>
                <link>https://plazarealestate.com.au/real-estate-blog/first-time-homebuyer-guide-what-costs-most-people-overlook/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/first-time-homebuyer-guide-what-costs-most-people-overlook/</guid>
                <description>
                    <![CDATA[Introduction Navigating the housing market as a newbie can feel like walking through a minefield. That’s why this first-time homebuyer...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>How to Win a Bidding War Without Overpaying</title>
                <link>https://plazarealestate.com.au/real-estate-blog/how-to-win-a-bidding-war-without-overpaying/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/how-to-win-a-bidding-war-without-overpaying/</guid>
                <description>
                    <![CDATA[Introduction In today’s fast-changing world of real estate, knowing how to win a bidding war without overpaying can make all...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Is It a Buyer’s Market or a Seller’s Market? 2025 Real Estate Trends</title>
                <link>https://plazarealestate.com.au/real-estate-blog/is-it-a-buyers-market-or-a-sellers-market-2025-real-estate-trends/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/is-it-a-buyers-market-or-a-sellers-market-2025-real-estate-trends/</guid>
                <description>
                    <![CDATA[Introduction The real estate question on many people’s minds as we are about to wrap up 2025 and head into...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>How to Buy with Less Than 20% Down in Today’s Market</title>
                <link>https://plazarealestate.com.au/real-estate-blog/how-to-buy-with-less-than-20-down-in-todays-market/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/how-to-buy-with-less-than-20-down-in-todays-market/</guid>
                <description>
                    <![CDATA[Introduction Buying a home is one of the biggest financial steps most people will ever take, and many buyers assume...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>What Lower Mortgage Rates Mean for Homebuyers Right Now</title>
                <link>https://plazarealestate.com.au/real-estate-blog/what-lower-mortgage-rates-mean-for-homebuyers-right-now/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/what-lower-mortgage-rates-mean-for-homebuyers-right-now/</guid>
                <description>
                    <![CDATA[After months of fluctuating interest rates and financial uncertainty, there&#8217;s a glimmer of relief for buyers: lower mortgage rates are...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Price Drops, Bidding Wars, and Mortgage Rate Madness: What’s Really Happening This Fall?</title>
                <link>https://plazarealestate.com.au/real-estate-blog/price-drops-bidding-wars-and-mortgage-rate-madness-whats-really-happening-this-fall/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/price-drops-bidding-wars-and-mortgage-rate-madness-whats-really-happening-this-fall/</guid>
                <description>
                    <![CDATA[Introduction The real estate market has always had its ups and downs, but this season feels particularly unpredictable. From surprising...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Selling Your First Home or Upsizing – A Calm Guide for South Australians</title>
                <link>https://plazarealestate.com.au/real-estate-blog/selling-your-first-home-or-upsizing-a-calm-guide-for-south-australians/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/?p=9686</guid>
                <description>
                    <![CDATA[Moving On, Moving Up Upsizing is one of life’s more exciting transitions. It often means a growing family, new priorities,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Autumn Aesthetic: Why Fall Colors Help Sell Homes Faster</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-autumn-aesthetic-why-fall-colors-help-sell-homes-faster/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-autumn-aesthetic-why-fall-colors-help-sell-homes-faster/</guid>
                <description>
                    <![CDATA[Introduction Crisp air, golden leaves, and cozy curb appeal, autumn is one of the most underrated yet powerful seasons for...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>The Airbnb vs. Long-Term Rental Debate: What Makes Sense This Fall?</title>
                <link>https://plazarealestate.com.au/real-estate-blog/the-airbnb-vs-long-term-rental-debate-what-makes-sense-this-fall/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/the-airbnb-vs-long-term-rental-debate-what-makes-sense-this-fall/</guid>
                <description>
                    <![CDATA[Introduction As the seasons change, many real estate investors are asking the same question: which strategy is smarter right now,...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Selling a Home to Fund Aged Care in South Australia – A Supportive Guide for Families</title>
                <link>https://plazarealestate.com.au/real-estate-blog/selling-a-home-to-fund-aged-care-in-south-australia-a-supportive-guide-for-families/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/?p=9675</guid>
                <description>
                    <![CDATA[🏡 Selling a Home to Fund Aged Care in South Australia – What Families Need to Know Introduction Making the...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>How Gen Z Is Redefining Homeownership This Fall</title>
                <link>https://plazarealestate.com.au/real-estate-blog/how-gen-z-is-redefining-homeownership-this-fall/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/how-gen-z-is-redefining-homeownership-this-fall/</guid>
                <description>
                    <![CDATA[Introduction The landscape of real estate is shifting, and a new generation is leading the way. How Gen Z is...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Is Fall the Best Time to Buy a Home? Here’s Why You Shouldn’t Wait for Spring</title>
                <link>https://plazarealestate.com.au/real-estate-blog/is-fall-the-best-time-to-buy-a-home-heres-why-you-shouldnt-wait-for-spring/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/is-fall-the-best-time-to-buy-a-home-heres-why-you-shouldnt-wait-for-spring/</guid>
                <description>
                    <![CDATA[Introduction When it comes to real estate, timing can make a big difference. Many buyers assume that spring is the...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Football, Fire Pits &amp;amp; Front Porches: Fall Features Buyers Crave</title>
                <link>https://plazarealestate.com.au/real-estate-blog/football-fire-pits-front-porches-fall-features-buyers-crave/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/football-fire-pits-front-porches-fall-features-buyers-crave/</guid>
                <description>
                    <![CDATA[Introduction Fall brings cooler evenings, changing leaves, and a shift in what homebuyers want most. From cozy fire pits to...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>Your Fall Maintenance Checklist: Protect Your Investment Before Winter</title>
                <link>https://plazarealestate.com.au/real-estate-blog/your-fall-maintenance-checklist-protect-your-investment-before-winter/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/your-fall-maintenance-checklist-protect-your-investment-before-winter/</guid>
                <description>
                    <![CDATA[As cooler temperatures settle in, homeowners know that preparation is key to safeguarding their property. A fall maintenance checklist ensures...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
<p class="wpematico_credit"><small>Powered by <a href="http://www.wpematico.com" target="_blank" rel="noopener noreferrer">WPeMatico</a></small></p>
<p><iframe src="https://www.youtube.com/embed/QdtNNeo8oTw" width="560" height="315" frameborder="0"></iframe></p>
<p></p>

<!-- wp:block {"ref":3466} /-->

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<p>SEO  open house inspections,  open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,   open house inspections,  </p>
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                <title>What Zillow Can’t Tell You This Fall (But a Local Agent Can)</title>
                <link>https://plazarealestate.com.au/real-estate-blog/what-zillow-cant-tell-you-this-fall-but-a-local-agent-can/</link>
                <pubDate>Wed, 20 Nov 2019 23:22:00 +0000</pubDate>
                <dc:creator>Eriks Draiska</dc:creator>
                <guid isPermaLink="false">https://plazarealestate.com.au/real-estate-blog/what-zillow-cant-tell-you-this-fall-but-a-local-agent-can/</guid>
                <description>
                    <![CDATA[As the fall real estate season unfolds, many homebuyers and sellers turn to online platforms like Zillow to gauge the...]]>
                </description>
                <content:encoded>
                    <![CDATA[<p>Open House Inspections - Do They Work? - Critics claim, a negative of open inspections –  is that during a busy viewing the potential buyer doesn’t have as much time as they would have had at a private viewing. They claim nosy-neighbours, looky-loos, unqualified prospects attend as well.</p>
<p>Security has been mentioned as a concern at open inspections.</p>
<p>"Also the selling agent is not going to be able to have a good lengthy discussion about the property with each potential buyer"</p>
<p>Short timeframes and restrictions can also limit the appeal of an open-for-inspection tour for buyers.</p>
<p>"On the positive side of the ledger, however, the Open House Inspections approach allows large  groups of people through your home in a relatively short timeframe, maximizing a property’s exposure to potential buyers. You don’t have to make 30 separate appointments (for potential buyers to visit)," says Ms. Spencer, who has worked as both a real estate agent and a buyers’ agent in a 25-year property  industry career.</p>
<p>She goes on to say “I guess the positive is that you are at home for 30 minutes to show 30 to 40 groups and potential buyers  through at the same time.’</p>
<p>So, which is it? Do open houses help sell homes or are they a waste of time?</p>
<p>Let’s take a look at both sides of the question.</p>
<h2><span style="color: #ff6600"><strong>Same Goals</strong></span></h2>
<p>Home sellers and their listing agents usually hold a similar view on whether or not to hold open house inspections. The homeowner believes that holding the open inspections to the public exposes it to a broader pool of potential buyers. It also means not being in a constant state of readiness to show purchasers through at any time the buyers please.</p>
<p>At times the owner is after a <a href="https://plazarealestate.com.au/real-estate-blog/low-key-sales/" target="_blank" rel="noopener noreferrer">Low Key</a> sale and for whatever reason wants less public exposure than having regular open inspections.</p>
<p>The real estate agent, on the other hand, will typically hold open house inspections not only to attract potential buyers but to communicate to more potential clients as well. In fact, skeptics of open house inspections will say that the real purpose of registering visitors is part of the agent’s attempt to pick up new clients.</p>
<h2><span style="color: #ff6600"><strong>Private Viewings</strong></span></h2>
<p>"Inspection by appointment does have its place".&nbsp; says John McGrath. "If your property isn't highly attractive from outside, but a gem on the inside, inspections by appointment may be the better option. &nbsp;It's less likely buyers with an appointment will drive by and reject your home from the street without inspecting it, and during the inspection the agent will be able to emphasise the best features. &nbsp;Inspection by appointment can also be good for small homes because too many people at one time can make the home seem smaller".</p>
<h2><strong><span style="color: #ff6600">Real Estate Institute of South Australia says...</span></strong></h2>
<p>Open inspections are an integral part of marketing a property to its full potential and regular inspections would generally be regarded as essential whilst the property is on the market.</p>
<p>A sales representative is required to obtain consent from a vendor to conduct open house inspections and provide reasonable notice to the vendor (and/or occupant if relevant) of the proposed inspection date, time and duration. To attract maximum interest in the property, the open for inspection times and dates should be communicated to the general public in accordance with the marketing plan that has been agreed between the vendor and the sales representative at the time of signing a sales agency agreement.</p>
<p>Occasionally, theft or damage at open inspections does occur, however, this only occurs in a (very) small percentage of cases and open inspections are still crucial to help achieve the maximum sale price for the property.</p>
<p>Prior to open house inspections, vendors should remove any items from the property which are regarded as valuable, particularly small items such as jewellery. Vendors should also be aware that any open inspection held is at their own risk and the sales representative, unless negligent, will not be held accountable for any loss or damage. It is therefore important that vendors have appropriate house and contents insurance in place. Most general policies will cover open inspections, but to be 100% sure, take the time to call your insurer and check that your possessions are covered in the event of theft or damage and also check that your public liability insurance will cover an open inspection.</p>
<p>During inspections, your real estate salesperson will generally ask for each person's details as they enter the property. Whilst this practice serves to collect details on people interested in the property, it also acts as a security precaution and discourages dishonest people from attending open inspections.</p>
<p>With just a few sensible precautions, the open house inspection process should not cause any undue security or safety problems and opening your home should be a positive experience that attracts prospective buyers to your property.</p>
<p>After each inspection, the sales representative should contact the vendor to provide detail of what occurred at the inspection and provide a report on potential purchasers.</p>
<p>Here are&nbsp;<a href="http://plazarealestate.com.au/real-estate-blog/top-8-open-house-mistakes-a-seller-can-make/" target="_blank" rel="noopener noreferrer">8 Mistakes</a> to avoid at your open inspections.</p>
<h2><strong><span style="color: #ff6600">The South Australian Government - Consumer &amp; Business Services advise buyers about Open house inspections</span> </strong></h2>
<p>Go to as many open house inspections as you can to help you decide the style of home you prefer, what is important to you in a home and what you can live without.</p>
<p><span style="text-decoration: underline">Consider</span>:</p>
<ul>
<li>home size – whether you need a unit, apartment or a house</li>
<li>how many bedrooms you need</li>
<li>how your needs may change over time</li>
<li>yard size – low or high maintenance gardens, and outdoor living areas</li>
<li>whether you want an older or newer house</li>
<li>the cost and time for any renovations needed</li>
<li>council regulations on renovations or extensions.</li>
</ul>
<p>Read more in their PDF booklet <a href="https://www.cbs.sa.gov.au/sites/default/files/resource-files/its-about-the-house-publication.pdf?timestamp=1558137600031" target="_blank" rel="noopener noreferrer">It's About the House</a><br><em><span style="font-size: 8pt">PS This link may stop working from time to time as the document gets updated. If it does Not Work, Please let me know via the Form Below :)</span></em></p>
<p><a href="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649.jpg"><img class="alignnone  wp-image-3408" src="https://plazarealestate.com.au/wp-content/uploads/sites/131/2019/06/2089649-300x199.jpg" alt="" width="602" height="399"></a></p>
<h2><span style="color: #ff6600"><strong>Security Concerns</strong></span></h2>
<p>Because potential purchasers are important visitors to your property, they are not your or the agents' guests.</p>
<p>John McGrath says "Don't forget, dozens of strangers will be roaming through your property on each inspection day and there is a risk of theft. &nbsp;While your agent and their assistants will be conscious of the security of your property and possessions, they don't have eyes in the backs of their heads. &nbsp;So it's sensible for you to take a few simple precautions. Lock away or remove all your valuables, especially small items such as jewellery, wallets and camera equipment. It's also prudent to check if your insurance policy covers you for home inspections."</p>
<p>So, follow this advice and ensure all valuables, jewelry, cash, spare keys, iPads, Smartphones, electronic devices or anything of value and such are locked up or put away and kept securely or taken off-site.</p>
<p>Make sure any medications or pharmaceuticals are secure and that all keys are out of sight including those for a wardrobe, do not leave them in a bowl, cup or such or hanging up.</p>
<p>You can assist by ‘Closing in the yard’ as appropriate, such as locking side gates and so on to ensure buyers can only move in and out via the main entrance.</p>
<p>Advise your insurance company or check with your insurance broker regards selling and having open inspections and private viewings. They may not cover any loss should it occur as buyers have been <em>invited</em> to attend.</p>
<p>Some agents will endeavor to ensure all buyers leave their name and contact details before they are allowed into the property for security and your peace of mind.</p>
<p>However, agents do <u>not</u> hold themselves out to be security guards and stipulate the agency is in <em>no </em><em>way responsible</em> for theft or damage.</p>
<p>Nobody wants&nbsp;you to have something missing or broken.</p>
<p><strong>So, you need to look after your own interests in this matter.</strong></p>
<p>See also <a href="https://plazarealestate.com.au/real-estate-blog/be-a-smart-homebuyer-attend-open-houses/" target="_blank" rel="noopener noreferrer">Buyer Etiquette</a></p>
<p>Having said that, after more than 30 years in the business of helping 100's of people buy &amp; sell their property, I've had 2 incidents. One was a tenant who 'claimed' her best CD's were stolen even though she was at home at every open inspection and rarely left her room.</p>
<p>The other was a young lady who said all the doors were left open and her 'almost empty bottle' of expensive perfume was missing... despite salespeople checking all doors were completely locked before leaving!</p>
<h2><span style="color: #ff6600"><strong>The reality</strong></span></h2>
<p>Open house inspections are when a property that’s for sale is available at a nominated time and date for potential buyers to walk through. It increases the exposure to the property and allows for a large number of people to view it at one time.</p>
<p>Just like <em>every</em> time you go through a Department Store or the local shops, you do not buy anything. And when you are ready to buy, you do so because you've had a good look around and are sure the thing you want to buy is exactly what you wanted.</p>
<p>Many objectors to Open Inspections claim the online world makes them obsolete as buyers pick and choose the homes they like and can book a private viewing.</p>
<p>Well of course they do.</p>
<p>They can also easily see the property if it's having open house inspections.</p>
<p>An issue with private inspection only is that images are often photo-shopped too much with super wide angled lens and that quaint patio falsely looks like it could hold hundreds of people.</p>
<p>Others critics say unqualified buyers are a waste of time.</p>
<p>Why? They simply have not been fully approved for finance yet.</p>
<p>Many times these same 'unqualified' buyers have now gotten finance approval and have bought the home.</p>
<p>If they were not given the opportunity to see the home earlier they may not have come to see it later.</p>
<p>Just as some hairstylists cut hair better than others and some lawyers are brilliant in front of a judge while others fall apart at the thought of it, some real estate agents are better at holding open inspections than others.</p>
<p><iframe src="https://www.youtube.com/embed/uDjKAovNXN8" width="560" height="315" frameborder="0"></iframe></p>
<p>Agents holding Open house inspections does not preclude them from offering private viewings or inspections by-appointment as some claim.</p>
<p>Critics of Open Inspections claim that they as agents will show all of their registered buyers the property to view. Well, that's a good thing... so do most agents who also hold Open Inspections, invite their registered buyers to view.</p>
<p>But... What do these same critics do when their registered buyers do not want that property?</p>
<p>Well, of course, new buyers need to be found using online and offline sources, otherwise you run the risk of not maximizing the most amount of buyers and may end up with less money by restricting the buyer pool.</p>
<p>The best agents will use all means to secure you a buyer at the best possible price.</p>
<blockquote>
<h3><strong>Therefore, whether an open inspections “work” or not depends not only on the agent’s skill set, but on geography, seasonality and a host of other conditions.</strong></h3>
</blockquote>
<p>And, after decades in the real estate and people business, I have found that including Open House Inspections is an integral part of selling a property far quicker than other methods.</p>
<p>Nosy-neighbours isn't always a bad thing, many times they were looking for family members or a friend to move into the same neighbourhood.</p>
<p>Buyers can view dozens of homes quickly on the weekends at Open Inspections, then make appointments for private viewings later on the same day or mid-week, to have a second or third look to thoroughly check out the homes they really like.</p>
<p>Overall, it is effective marketing that sells a home and the most potent weapon in your <a href="https://plazarealestate.com.au/real-estate-blog/need-to-sell-your-home-its-all-about-the-marketing/" target="_blank" rel="noopener noreferrer">marketing</a> arsenal is your real estate agent.</p>
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