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The Pros and Cons of an Open House

The Pros and Cons of an Open House

The open house—it’s a controversial topic for buyers, sellers, and agents alike. Many swear by it, but just as many claim that it does little to sell your property. The reality, however, is more complicated, and if you’re planning on selling your home, then you need to be aware of both the pros and cons of having an open house.

The Pros

It will attract inexperienced buyers

Let’s face it, first-time home buyers don’t really know what they’re doing, and who can blame them? Buying a home is a confusing and complicated process. As such, people who are unsure on how to start such a process will often go to an open house first. This can be a huge benefit to sellers, as first-time buyers will be more easily wooed by your home.

Increased exposure

Open houses are advertised on real estate websites, on social media, and even in the newspaper. This provides a home with greater exposure than normal, thus attracting a greater number of potential buyers.

The Cons

Nosy neighbors and looky-loos

While open houses can attract a great number of people, the downside of this is that a good portion of them are simply just curious about what your home looks like. These people have no intention of buying your home, they just want to see how you live. It sounds silly, but it happens more often than you think.

Security concerns

Another downside to inviting all of those strangers into your home is that there’s a higher chance of something getting stolen. Depending on the number of people who visit, your agent may not be able to keep an eye on everyone who strolls in. While you shouldn’t have to worry about people walking off with your flat screen TV, smaller items that can be slipped into pockets may end up disappearing if you’re not careful.

Whether you decide to schedule an open house or not, Dan Senecal can help. As a dedicated broker and Montana native, Dan will know exactly what needs to be done to sell your home fast. Contact him today at 406-439-5414.

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The Different Types of Home Loans

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5 Tips for First-Time Home Buyers

5 Tips for First-Time Home Buyers

Buying your first home can be an exciting, but also daunting, experience. However, there are ways to approach it feeling a little more confident than you do now. Here are some tips to get you started: Start saving early The more you have for a down payment, the less you’ll have to pay in the… Continue Reading