An â€œopen houseâ€ allows a prospective home buyer to explore a property inside and out without having to make an appointment. Most weekends, however, open houses can be limited to one or two in any particular neighborhood.
But Long & Foster says it will host a one-day Open House â€œextravaganzaâ€ on November 6. A large number of Long & Foster listings will be holding open houses on that day, allowing potential buyers to see a dozen or more homes in their areas of interest in one day.
â€œLong & Foster and our sales associates are committed to making the home buying and selling experience the best possible for our customers,â€ said Gary Scott, president, Long & Foster Real Estate, Inc. â€œWe are pleased to organize this unique opportunity to enable sellers to showcase their homes and buyers to shop for a home while interest rates are low and home prices are affordable.â€
To make it even easier for potential buyers, loan officers with Prosperity Mortgage Company will be on site at as many Long & Foster open house locations as possible to answer questions and pre-qualify interested buyers. Representatives from Long & Foster Settlement Services and Long & Foster Insurance will be on hand at many locations as well.
â€œThis year, weâ€™re seeing many positive dynamics in the residential real estate market,â€ said Jeffrey S. Detwiler, president and chief operating officer of The Long & Foster Companies. â€œThese dynamics, including moderated pricing and historically-low mortgage rates, may offer some buyers and sellers in the Mid-Atlantic region historic opportunities to accomplish their homeownership goals.â€
Detwiler said the fall Open House Extravaganza gives buyers and sellers, who may be sitting on the sidelines, an opportunity to see whatâ€™s happening with the market first-hand, and explore whether now is the time for them to make a housing-related decision.