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The pros and cons of having an open house
Are you selling your home and wondering if an open house is the best move ? Here are a few pros and cons .
Pros
First and foremost , an open house will give your home a lot of exposure through online and newspaper ads . Street signs can also attract spontaneous and curious buyers .
Open houses often attract first-time buyers who may not know how to start the home-buying process . These laid-back events allow your real estate agent to establish relationships with these prospects and convert them into buyers .
Cons On the other hand , an open house allows people to walk around your home with little to no supervision . Opening your home to strangers can make your property vulnerable to theft , vandalism and unintentional damage .
Additionally , although open houses attract many people , you ’ ll likely end up with unqualified buyers or inquisitive neighbors who are curious to look at your home but have no capacity or intention to purchase . It can potentially waste your time and that of your real estate agent .
Speak with your real estate agent to determine if an open house makes sense for your sale . n
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