Open houses can be a fun time for both homeowner and guest, but it is important for you to decide, based on your situation, whether or not an open house would benefit you.

 

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Today, let’s discuss some of the advantages and disadvantages of hosting an open house when you’re looking to sell your home.

 

The pros of using an open house to market your home include:

  • People can come view your home without the help of an agent.

  • You don’t need an agenda.

  • The time frame is flexible—people can come view your home when they’re available.

 

There are a lot of ways to make an open house exciting: music, food, having a theme, etc. In fact, Halloween is coming up—perhaps you could turn your home into a haunted house. I’ve done it before and it was super successful.

 


        Halloween is coming up—perhaps you could turn your home into a haunted house.

 
Another aspect of having buyers come through your home is that if you have a really strong and skilled agent,
they’re able to control the process that the buyer is going to partake in if they haven’t already spoken to a broker or been pre-qualified. There’s more control of the situation when the transaction is managed within a certain environment. Reach out to me if you want more specifics about this.

 

Now, there are disadvantages to having an open house. They include:

 

  • It could end up being a waste of time if none of the attendees demonstrate much interest.

  • You don’t know who is coming to your house.

  • You have to store your valuable possessions.

  • Guests may not want to sign in or give any feedback. If they’re serious buyers, they’ll schedule an appointment with their agent.

 

In general, I’d say that open houses are a hit-or-miss idea. Sometimes they’re not in your best interest, depending on the specifics of your house and area.

 

For more information on your home and why an open house might or might not work for you, please reach out to me or my team. We’re here to serve and help you.