Top Reasons Why an Open House Might Not be Right For You
There was a period during which open houses were an essential part of the whole house selling process. Most people perform their research online and narrow down the homes they like before going to survey a property. Most people do not want to miss a day at work to attend an open house and would prefer scheduling access to the house at their convenience. Agents often say they can sell my house fast by hosting an open house, but it might not be a good idea. Here are some of the top reasons why you should give an open house a miss to sell my house fast –
Opportunity for Thieves
When you hold an open house, you show off your house to prospective buyers, but it does not end there. You are also showing off home items such as your TV, your laptop, or other expensive items around the house. While most people would be there to look at the house, there will also be people looking for an opportunity to steal things when you look away. The thief can easily walk into the house and create a list of things that they might want to steal. An open house can put your home and your family at risk.
Adds to the Cost
Hosting an open house comes with a cost in terms of money and time. You will have to set aside other works and put in an investment to host an open house. You will have to run the heater or the air conditioning all day long for the guests. You will be expected to provide food and drinks to the guests that can further push the cost up. Before the open house, you will also have to opt for a deep cleaning service so that the house looks pristine clean on the day of the open house. These costs will keep adding up, and even then, it does not guarantee you will be able to sell your house.
You are Helping Your Real Estate Agent
If your estate agent has given you the idea to host an open house, it might be because he or she is the one who is going to benefit from it the most. An open house will be an opportunity for them to get new contacts. Even if they are unable to sell your house, they will find prospective clients for other homes they want to sell. So, it is best not to let your real estate agent do their business at your expense.
When you host an open house, you will find out that most of the people coming in will be your neighbors, hoping to get a peek into your home. Some of the things they will be expecting from the open house are to gossip or to find something interesting that they can pawn from you since you are moving away. The best thing you can do to keep nosy neighbors away is not to hold an open house.
If you want to sell your house fast, you should decide if hosting an open house is a good option for you. Consider all the cons of open houses before you decide to have one. Instead, opt for a cash buyer who will purchase your home the way it is. It will help you save time and money and ensure that the entire selling process is hassle-free.