Real Estate Trends

Up market, mortgage free, Open House real estate viewing

A very new real estate viewing phenomena started in California is the beginning of spread across the country. Up until very recently the concept of open house viewings was restricted to mere mortals and whose homes have had big mortgages and was valued only at a few hundred thousand dollars.

But now real estate valued at $5 million and over, which are very often mortgage free, are being given the same treatment. Problems in the real estate market, have forced agents and owners to reconsider their stance on letting the public view upscale real estate without an appointment.

Although there is an element of public ‘wishful thinking’ for many visitors who could never afford the mortgage payments, and could only dream of owning such properties, the success of making actual sales from this new high-end open house policy is making agents in other areas adopt the same strategy.

speak up

Add your comment below, or trackback from your own site.

Subscribe to these comments.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

*Required Fields