An open house can work to your benefit

The pros and cons of holding an open house to sell your home

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Is it still worthwhile to hold an open house if you’re selling your home? Some argue no. What with the proliferation of the Internet, there are so many online sites and apps that would-be buyers not only find homes for sale, but can easily book appointments and view pictures, all with the click of a mouse or a swipe of a finger.

These days, the biggest argument against doing an open house is that it’s actually far more beneficial to the listing realtor, than to you, the seller.

Still, there are advantages to holding an open house as former Deputy Editor, Sarah Efron points out. (And if you’re a prospective buyer you should definitely consider going to every open house when shopping for a home.)

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One comment on “An open house can work to your benefit

  1. I would say the second biggest argument against doing an open house is that it’s more beneficial to the listing realtor, than to you, the seller. The first argument against doing an open house is that too many realtors do not safeguard homeowners from property and identity theft like our realtor in Oakville. $4,000 worth of electronics, jewelry and camera equipment was stolen from our underwear drawers and nightstands during an Open House. Our realtor failed to implement simple safeguards and instead let an unlimited number of visitors wander through our home unaccompanied and out of view while allowing them to leave their baggy winter coats on along with any shoulder bags. The world has changed a lot over the years like technology and the risk of identity theft and yet too many realtors still operate Open Houses like it’s 1984. It’s in everyone’s best interest including the realtors themselves to implement appropriate safeguards. Why haven’t they?

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