Real Estate Open Houses- Buying and selling real estate in the United States
Long time back, when people lived in small clusters, sale and purchase of a house could be carried out by word of mouth, as people knew each other quite intimately. With increasing population and the migration of people from small hamlets to urban areas, a lot of the personal contacts were lost. Middle men or real estate agents appeared on the home sale market scene to take advantage of this situation.
Of course, real estate agents (realtors) specialize in these services with intricate knowledge of the home buying and selling process as well as with the latest information of properties in their area.
Offices of real estate agents became the nodal points for the sale and purchase of property, an extremely lucrative commercial activity. However, this meant an increasing dependence on the realtor.
With the rapid multiplication of advertising media available to house sellers, the latter had a plethora of options in attracting buyers. May be it has resulted in too much choice-some of the available media were too expensive or did not attract the right kind of home buyers.
The factors that had made open houses an effective means for buying and selling real estate continue to remain extremely valid. Houses for sale by owner (FSBO) could also be put on a public view to attract buyers directly
Now, the question is of cost-effectively using the means of an open house to sell property. In this regard, the Internet is playing a big role. OnlyOpenHouses.com is purely focused on helping home buyers and sellers find the right property to buy or the right seller to sell the house to, by providing a platform to showcase open house listings through out United States. Using this platform saves time and money and makes the entire process extremely cost effective and efficient. It is an example of how modern technology in the form of the Internet - complete with satellite imagery - has helped optimize one the most traditional forms of buying and selling real estate ie. open houses.