Many homeowners feel that an open house is essential to getting the house sold, but that's just not the case. Most open houses are either to appease the seller or market new buyers. It really rarely actually sells the house.
Open houses are typically an invitation to the public to come and check out the inside of a home. For this reason, there are usually risks that are involved. Here are some of the biggest risks one having an open house.
Getting robbed is usually one of the biggest risks to an open house. Especially if the agent cannot accompany everyone through the house and into each room. And it's not just during the open house; many criminals will stake out the place first at the open house and then come back later. It's important to have any and all valuable securely put away or take them with you during an open house or even a showing.
Obviously, if people are traipsing through your house it can pose a security risk. It may be worth it to have security cameras on the property and in the house during this time. You never know who may be looking for access points and weakness in the security system.
Often real estate agents sit the open houses alone and this can pose a risk of danger. Criminals will get someone alone, isolated and this could be potential for disaster. Agents have actually been murdered and although it's a slim chance, sitting an open house with a co-worker or friend keeps things a little safer.
You'll always get those nosy neighbors coming to see your house. It's to be expected and there's no real way to stop it and if they are really nosy, chances are they are going to share all your ins and outs with all the rest of the neighbors, but don't worry, you're moving anyway, right?
However, on the flip side, there are some good reasons to have an open house. It gets more eyes on the property and buyers can compare and contrast your home versus others. It's also a good way for other potential sellers to see what's out there. If you're just now thinking of selling, visit some open houses on your own time and see what buyers are looking at out there.
As a certified Realtor® for the top-rated Columbus Realty Firm - Vision Realty, with 32 years of dedicated real estate experience, I can help buyers, sellers, investors, short sale sellers and more find, sell or invest in the right property, at the right price, at the right time. Contact me anytime for updates and information on the Columbus OH Real Estate market.