An open house event is a long-time tradition in the real estate industry. Basically, its objective is simple: to expose a home for sale to a specific target audience and get them to make a competitive offer to the seller.
What Type Of Personalities To Expect In An Open House
Just like any social affair, this presents an opportunity to meet different types of people. The variety of personalities comprising both of the agent-in-charge and the attendees, i.e. prospective buyers, can be equally surprising in a good and a bad way.
If you are a homeowner who is considering putting up your Makati condominium or Cebu family home in the market, having a basic knowledge of what to expect will help you assess on how to deal with them should you decide to conduct a public showing for your own Philippine property later on.
Below is a quick guide for you.
Agent. Here are some of the types of real estate agents you may encounter:
- The Entertainer. He is the perfect host who stands at the front door ready to greet each and every attendee with an accommodating smile and friendly tone. He says all the right things at the right time – from the introducing himself, getting the names of and necessary information from the visitors, handing brochures to facilitating the tour around the different corners of the residence and answering questions promptly and eagerly.
- The Recluse. He sticks to his basic duties and considers minimal interaction as the best approach to get a sale. He believes that everything a buyer needs to know is found in the flier and the rest is self-explanatory. He stays in a corner partially visible to anyone who wants to inquire.
- The invisible. He sets a bulletin board up identifying the steps the visitor needs to take – register, take a leaflet and roam around. He is practically nowhere to be found. He is either in the backyard pretending to be someone else he is not or fast asleep behind the wheel of the car in the driveway.
Buyer. Here are some of the types of buyers you may come across with:
- The Inquirer. He has every intention to purchase a property. He is your ideal homebuyer – very interested, checking the rooms in a detailed manner and asks a lot of questions.
- The Curious. He has read your advertisement and since he lives nearby or within a few minutes drive, he’s there to see what the hype is all about. He may have plans to buy true, but not in the near future. He may be collecting inspiration for his own open house event or using this as a chance to meet a good realtor.
- The Bystander. He’s your neighbor who likes to see your former place of living. He’s a guy who happens to pass by the street and realizes he can gather decoration ideas for his own residence.
A lot of people dream of owning their own home and nowadays, there are various ways of achieving this dream. Although a growing number of people are discovering the joys of living in condominiums, there is still a significant number who prefer to have a landed house or a house that is built on a lot. For some people, owning a condominium unit is different from really owning a complete structure on a land that you also own.
For those who aim for a landed house, there are two different paths towards acquiring their home – buying house and lot packages or purchasing lot for sale in the Philippines and then designing and building their own house. If you are considering the latter, then below are some of the advantages of this option.
- Your own design. The biggest advantage of building your own home is that you get to design it. You do not have to choose from any house template; you can just look for ideas from various resources and then come up with your own house design. Even if you do not know much about technical stuff, you can simply express your preferences to your architect and designer and they can help you come up with something that fits your idea.
- Your own timeline. When building your own home, you are not under any strict timeline. Once you have purchased a land for sale, you can start as soon as you want or you can delay it if necessary. If you are under a targeting an early date, you can adjust your resources so that construction can finish earlier or if you have a tight budget, you can postpone or delay it until additional budget is available.
- You can specify and customize everything. You can specify everything – from the smallest detail to the overall concept. Unlike with developer-built houses where most fixtures and finishing materials are predetermined according to their design, you can choose every single material that you want used in your house.
- You can save on costs. If you know some people who would be willing to give you discounts, then you might be able to save more if you build your own house. Many people have enjoyed free services of architects, engineers, and designers that they know in building their own house. You might even know someone who owns a construction company or even a hardware company and could provide you with huge discounts on their products and services.
MANILA, Philippines — The Ayala-led Integrated Micro-Electronics Inc. (IMI) nearly doubled its net profit in 2013 to $10.5 million, as strong business expansion in Europe and the Philippines allowed the company to defy the global downturn in the global electronics outsourcing industry.
IMI, a leading worldwide provider of electronics manufacturing services (EMS) and power semiconductor assembly and test services, grew its net profit in 2013 on the back of a 12.6-percent growth in revenues to $745 million. Comparative net profit in 2012 was at $5.6 million.
“Our diversification strategy has afforded us extensive global footprint, amplified technical capabilities, and wide-ranging customers, so that despite several challenges we realized higher revenues with corresponding profitability,” IMI president and chief executive officer Arthur Tan said in a press statement on Thursday.
IMI grew its income and margins despite subdued global economic growth in 2013. As such, it outperformed the decline in worldwide electronic equipment production and global electronics outsourcing industry.