The Long Island Board of REALTORS® Inc. (LIBOR) Annual REALTOR® Open House Weekend is scheduled for April 6 - April 7, 2019.  This marks LIBOR’s tenth consecutive year of organizing this effort that unites REALTORS® across Long Island, Queens and Brooklyn, as they host thousands of open houses!

The REALTOR® Open House Weekend offers buyers a stress-free way to visit homes for sale in different neighborhoods where they might want to live. For sellers, the weekend provides a high-visibility effort to promote traffic and drive home sales. 

New data from the National Association of REALTORS®’ 2019 first quarter HOME survey indicates that 65 percent of people believe that now is a good time to purchase a home. NAR Chief Economist Lawrence Yun said several factors are helping to improve the attitudes of potential homebuyers. “First, inventory has been rising, so those buyers interested in making a purchase will not be limited in choices,” Yun said. “Additionally, more stable home price trends are leading to more foot traffic at various open house gatherings.”

The months between April and July are when the most house sales take place.  Many homeowners choose this time of year to sell their homes as it is vacation time and there is nicer weather. Buyers are often reluctant to uproot themselves while their children are in school and when the weather makes moving difficult. Given the number of houses on the market during spring, it can be an optimal time for house hunting.  During REALTOR® Open House weekend, buyers can have a greater chance of finding the home of their dreams.

In its tenth year, the REALTOR® Open House Weekend has been proven successful since its inception. With print, radio and social media advertising, it is a marketing extravaganza; which in turn, drives traffic to your listings. All the way around, your office participation in this high-profile marketing event makes sense.

Find everything you need to know about the Open House Weekend, including how to register your office and download materials, here: https://www.lirealtor.com/ohw.