A real estate agent cannot force you to use an open house to attract buyers for your home because that is your decision to make. The cons of the open house are discussed below.
An open house will attract inquisitive neighbors who have been longing for an opportunity to enter your home. Nosey neighbors are not interested in buying your own but what happens to them is knowing your lifestyle and comparing your home with theirs for them to come up with hot gossip about you. Idle neighbors will use your open house to make themselves busy the entire weekend.
Very are sold through open house hosting. The owner of the house does not have much to benefit from open house hosting but the real estate agent does because open house exposes their agent to potential clients. You have a better chance of getting by us when you use private viewings instead of open houses. Any serious buyer will prefer to view the home privately instead of the open house, therefore, do not waste your time and resources on this idea.
Open house exposes the family and property to insecurity. An open house allows everyone who cares to enter your home to get in but not all of them come to buy since some of them have come to spy on your home. You cannot be too careful with everyone who gets inside the home when you have an open house even if you have security measures in place.
An open house will raise your hopes of finding a buyer during the event; hence it will put you under pressure, anxiety, and stress. You may find yourself losing it because of the pressure that you will be under to impress the potential buyers for the first time. Some buyers are looking out for desperate seller will they can take advantage of to benefit themselves more, therefore, do not post open house event repeatedly because that may make you seem desperate to these buyers.
There are better ways of attracting buyers that save time which you can implement instead of wasting time on an open house. You have to repair the home and clean up to enhance the aesthetics of your home and also set aside enough time like 6-8 hours for open house. Take pictures and videos of high quality of your home and edit them for posting on social media and websites of real estate companies or send them directly to potential buyers through email. Consider the value of your property, season, the current market price, its location and more by carrying out in-depth market analysis to establish the appropriate price to charge the buyers for the house.