Humber College Real Estate Course 1 Practice Exam

An open house is characterized by its public nature, allowing anyone interested in the property to drop in during designated hours without an appointment. This format encourages a broader audience to view the property simultaneously, which can create a lively atmosphere and a sense of urgency.

In contrast, a private showing involves individual appointments arranged between a real estate agent and prospective buyers, providing a more personalized experience. This setting allows for a detailed walkthrough of the property, where the agent can address specific concerns and questions from the buyers. The personal interaction often enables deeper discussions about features, pricing, and potential negotiations.

The other choices highlight aspects that do not accurately define the core difference between an open house and a private showing, such as time limits or the number of agents involved, which can vary more broadly based on individual circumstances rather than determining the fundamental distinction between the two types of viewing experiences.