An open house is a public viewing of a property that is listed on the market for sale, organized by the sellers or their real estate agents. During an open house, multiple potential buyers are invited to view the home during a particular timeframe.
While hosting an open house, it is important to make potential buyers feel welcome by displaying a clean, orderly, and well-lit space. The seller or his/her real estate broker should always be present to oversee the open house, answer any questions about the property, and receive feedback from potential buyers.
While attending an open house, it is recommended to be represented by a trusted broker. The presence of a real estate professional will help you make objective and realistic observations about the property both as a home that you will potentially be living in, and as a financial investment.