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open house
(redirected from open houses)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
open house

In residential real estate sales,an opportunity for prospective home buyers to tour a home offered for sale, or a model home, during a time period when it will be open for all visitors. Shoppers trying to refine their ideas regarding housing needs should not hesitate to attend open houses—they are not wasting the agent's time.Real estate agents and brokers welcome opportunities to tell prospective buyers about other properties if the present one is not appropriate and are also eager to assist prospective sellers who are just checking out the market and possible prices to ask for their own homes.



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