What is an "open house"?

An open house is an event where a property for sale is open to the public, allowing potential buyers to visit, explore, and assess the home without the need for a private appointment. This event is generally organized by the listing agent and serves as a marketing tool to attract a larger audience. It provides an opportunity for buyers to inspect the property at their convenience, and it often facilitates immediate feedback from prospective purchasers.

Offering a relaxed atmosphere, open houses can generate interest in the property, potentially leading to competitive offers. This setting allows buyers to view the property alongside others, making the experience less formal than a private showing and providing them a broader scope of available options in the market.