Open house refers to a scheduled period of time when a property, such as a house or an apartment, is open for public viewing. It is typically hosted by a real estate agent or the homeowner themselves, and it provides an opportunity for potential buyers or renters to visit the property, take a tour, and ask questions.
Open houses are often used as a marketing tool in the real estate industry, as they can help generate interest and attract more potential buyers or renters. They can also be useful for sellers or landlords who want to showcase their property to a larger audience without having to schedule individual appointments.
Open houses typically take place on weekends or during non-business hours to make it more convenient for visitors to attend. They may also be advertised through various channels, such as online listings, social media, or signage in the surrounding area.
During an open house, visitors are typically free to walk through the property at their own pace and ask questions of the real estate agent or homeowner. It's important to note that while an open house may provide a good initial impression of a property, it's still important to conduct a thorough inspection and do your due diligence before making any decisions to purchase or rent.