Think about it from the buyer perspective. If they come in and look at your family and think about how cool and totally awesome your family is, that's pretty nice. In the process they might envision how YOU live in the home.
What isn't happening?
They aren't envisioning THEMSELVES living in the home. Some photos are OK, particularly in secondary rooms or "nightstand" type photos, but nothing big on the walls.
Make it minimal. A few pics are okay.
People are nosy. Many buyers will stroll through a home and look at all of the family photos instead of the house!
A few great family photos in the right places can be a nice touch. Don't let the pictures be a distraction to your home.
Agree -- ditch the abundance of frig magnets though and as much general clutter as possible.
There are a number of good reasons to take down family photos, store personal information, and secure medicines and valuables.
Our recommendation is to take the advice of your real estate professional on this subject.
I hope you listened to all the good advice you got below and have sold your home by now. For other home sellers:
1. Remove all family photos
2. Clean off the refrigerator
3. Get rid of 50% or more of the stuff you have sitting out on tabletops, counters, bookshelves.
4. Find a staging expert (call me for a recommendation) and have them take the furniture you already own and stage your home.
5. Clean out closets - garage - basement.
6. Donate stuff to Goodwill, have a garage sale or give it away.
7. Trim shrubs, remove dead leaves
8. Fresh paint works wonders
Have your home ready to show on day one and by day 7 you can be under contract.