what is an open house

An open house is an event in the real estate industry where a homeowner and their real estate agent invite the general public to view the property, usually within a 1- to 3-hour window of time. During the event, the listing agent will answer questions, point out design features, and record the contact information for any interested parties. Open houses are a valuable opportunity for potential buyers to explore their wants and needs in a home and how they factor into deciding. They are considered a valuable opportunity to make some decisions about your future home. Open houses allow interested buyers to take their time looking at the house and surrounding property, rather than a shorter one-on-one appointment with a broker. For people trying to sell their homes, an open house provides an opportunity to attract interested buyers to the property. A well-executed event can generate excitement about the home and potentially lead to an offer.