Estate agent haart claims it will be selling over 300 homes by the Open House system this Easter holiday weekend.

Open house marketing has achieved 5% above the asking price on average and has resulted in a swift sale for hundreds of vendors so far this year.

Haart has just had an Open House in Manchester Grove, in London’s Docklands that had 38 viewings and multiple offers which led to the property (pictured) selling at the full asking price of £500,000. Other local agents valued this property at £450,000.

Paul Smith, CEO of haart, said: “This system gives confidence to sellers to go to market knowing they will get the best price and gives them a fighting chance to find their next property with the best possible budget. Even more importantly we believe this will also tip the balance in favour of much needed supply.

“There is frustration on behalf of potential sellers putting their homes on the market as their sale is dependent on finding a property. There are upwards of 30 people per branch who have told us they would move if they could find a property to move to. So there is a continuing log-jam that needs to be shifted.”

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