Selling a house can be an exhausting and time-consuming process. One of the most important aspects of selling a house is having potential buyers visit the property for a showing. The number of showings required to get an offer for your property can vary depending on many factors. Here are some ideas on how many showings it takes to sell a house, and what affects that number.
Factors that influence how many showings to sell a house
Several factors can influence how quickly you sell your house, or the number of showings needed. Some of these include:
Price and location
The asking price and location of the property play a very crucial role in determining how many showings you will need. If the price is too high compared to other homes in the area, most potential buyers will not be interested and the number of showings will decrease. Likewise, if the home is located in a less popular or less desirable location, it may require more showings to get an offer alternatively, if the pricing is right, you might run the risk of undercutting your profits, so it is always important to do a comparative market analysis to set the right price.
Market condition
Market condition is also a significant factor that affects the number of showings required to sell a property. In a seller’s market, where demand is high and inventory is low, the number of showings needed is relatively lower. However, in a buyer’s market, a situation in which supply is high and demand is low, more showings may be necessary to capture the attention of potential buyers.
Marketing strategy
Your marketing strategy also plays a role in the number of showings you get. Your agent may use various marketing tactics such as online listing, open houses, signage, flyers, brochures, and advertising to attract potential buyers to your property. The more effective the marketing strategy, the faster it is to attract buyers, and this can lead to fewer showings required.
How many showings to sell a house?
Generally, the number of showings required to sell a house can range from 3 to 20 or higher, depending on the factors listed above. If you live in a location that is in high demand, and the pricing is just right, it may only take three or four showings to find a buyer. Similarly, if you live in a place where the market is saturated, and the prices are relatively high, the number of showings required can be considerably higher.
However, as a general rule, it is realistic to expect about 10-15 showings before getting an offer for your property. The number of showings required may vary depending on the location, price, market, and marketing strategy, as discussed above.
How to reduce the number of showings needed to sell a house
Reducing the number of showings needed to sell a house can be beneficial, especially if quick sale is a top priority. Here are some tips to reduce the number of showings required:
Make it move-in ready:
Making your home move-in ready can go a long way in reducing the number of showings. This involves fixing all the small things that might deter potential buyers. Ensure that everything in the house is functional, get rid of unpleasant odors, and declutter. A clean, well-maintained, and inviting home is sure to attract potential buyers and reduce the number of showings needed.
Hire a professional stager:
Hiring a professional property stager is also a great strategy to make your property more appealing to potential buyers. A professional stager can highlight the positive features of the house and create a welcoming atmosphere. This can attract potential buyers and reduce the number of showings required.
Use virtual tours:
Using virtual tour technology, potential buyers who are out of town can also view your property without physically being there. This can significantly reduce the number of showings required and attract a broader range of buyers.
Leverage technology:
Leveraging technology can also make the selling process more efficient and ultimately reduce the number of showings needed. By using platforms such as Zillow, Trulia, RedFin, or Realtor, more house hunters can be reached digitally. Make sure your agent uses the latest online tools to market and showcase your property to maximize visibility.
Be flexible:
Being flexible with your schedule is also crucial in reducing the number of showings required. You should be open to showings even on short notice and weekends. This can provide the opportunity to cover all potential buyers and minimize missed showings.
Conclusion
The success of selling a house depends on many factors, and the number of showings required is no exception. Getting the right offer for your property can happen in as few as three-to-four showings, while other times the process can take upward of 15 showings or more. However, leveraging the right sale methods, pricing strategy, marketing, and presentation of your home can significantly reduce the number of showings required to get an offer. The tips highlighted above can also increase visibility, making your property more appealing in the eyes of potential buyers.