Selling - High Performance Real Estate Advisors

Open House vs. Mega Open House

The difference between a regular open house and our mega open houses.

We often receive questions about the difference between our mega open house event and a regular open house. We do things differently than our competition, which is why we get better results.

After we’ve signed the paperwork, agreed to a pricing strategy that works for you, and agreed on a commission that’s fair for everyone, we decide on a Wednesday listing date. Then we list the property in the MLS, but we don’t allow anybody inside until Saturday at noon. You’ll have a line down the sidewalk of 120 people waiting to get into your property. Then we allow them in, and they sign the guest book with their name, number, and email. At 2 p.m., we shut the door and ask for everyone’s highest and best offers to be submitted by Monday at 5 p.m.

“We do things differently than our competition.”

We recently listed a property that got 12 offers and sold for $75,000 over asking price. It did so well because of the pent-up demand from when everyone was standing in line to get into the home. 

If you’re looking to create a bidding war and get more than you could ever imagine for your property, give us a chance. For more information visit our website, and reach out to us by phone or email with any questions. We look forward to hearing from you.

How Do iBuyers Operate

Here’s what homeowners should know before selling to iBuyers.

The term “iBuyer” stands for “instant buyer,” and they use data and algorithms to tell you what your home is worth and make a cash offer based on that figure. There are lots of them out there in the Charlotte area, so I just wanted to quickly take you through how these companies operate.

Let’s say you’re ready to sell your home for $300,000. You call up an iBuyer, tell them your price, and they’ll send you a contract with that exact price. They’ll get you to sign it, they’ll sign it, and then there’s some confusion about what takes place after that.

“We can help you in the same way that these iBuyers do, but better.”

The iBuyer will come to your property, bring inspectors, and go through it with a fine-toothed comb. They’ll uncover anything and everything wrong with the home while also charging a 10% fee. By the time you get your final bill back, you’re only going to sell for $220,000 to $240,000, not the $300,000 you were promised.

We can help you in the same way that these iBuyers do, but better. We are working with families who are willing to pay your price for your home without pulling the wool over your eyes. We’d love to meet to show you what you could net at the closing table by choosing to sell with us over an iBuyer.

If you have questions for us about this topic or anything else related to real estate, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.