Will an open house sell my home? This question is one of the most common that our real estate agents field from clients. As with many questions, the answer isn't always "yes" or "no." Often, the value of an open house depends on market conditions and location. Thus, it is essential to work closely with your real estate agent to determine the best way to leverage an open house to achieve the sale you desire.
The primary benefit of an open house is that it generates interest in your home. Like a beacon in the night, it attracts prospective buyers and real estate agents. It is a quick way to grow the pool of interested buyers and spread the word that your home is available for sale. While it may not seem beneficial on the surface, the fact is that real estate agents who attend open houses are doing so in the search for the perfect property for their clients. For each real estate agent who visits your home, they may recommend your home to 5, 10, or 20 clients eager to make an offer on your property.