Sep 16, 2010

The New Hobby....Open Houses

Crains New York just came out with an article stating that 25% of the people that attend Open Houses have no intention of buying that or any other apartment. Rather, they are there for the free food, to get decorating tips or to simply help price their own apartment.

Of the remaining 75% that actually are in the market to buy here are some of their pet peeves and turn offs....

A lack of natural light was at the top of the list of deal breakers. To offset this add extra light to apartment with pretty lamps or track lighting.
Next was a "smelly house". Please, if you have a pet open the windows, light some candles, put an apple pie in the oven...be creative. Lastly, tight space was a major turn off. If having three or four people attending your open house at the same time creates the feeling of claustrophobia I suggest you move some furniture out and "de-clutter" your space.

There is a lot more inventory today than in the past, make sure your apartment can compete with the others.

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