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Ambassador
5,230,159
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Organize - YES! They work and I have a great story to tell later in the month about an Open House. I don't want to jinx the Closings!

Jan 03, 2018 07:26 PM
Rainer
231,224
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

Open houses, in my opinion , are the best method of getting new clients.Not usually sell that house, but can. It does put new people face to face and is a big benefit.

Jan 03, 2018 05:58 PM
Ambassador
2,684,109
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     I have held two open houses in the last 3 years. 

    Waste of time, unless it's a screaming hot market, or maybe a builder model home in a new subdivision.

Jan 03, 2018 06:09 PM
Rainmaker
2,220,654
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

It depends on the property

Jan 03, 2018 04:52 PM
Ambassador
3,164,294
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

nope and nope.  I do the occassional broker's open, but never a public one.

Jan 03, 2018 09:07 PM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Ditto Barbara Todaro 

Jan 03, 2018 06:53 PM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I am a big fan of open houses and most saturdays are either spent attending or hosting them.

Jan 03, 2018 09:09 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Seldom on both acounts

Jan 03, 2018 07:29 PM
Rainmaker
2,781,303
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Not necessary in this market...

Jan 03, 2018 07:13 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have done hundreds maybe a thousand in my career.  I will still do one occasionally though not like I used to do. I have a routine that I stick to and prepare for.

Jan 03, 2018 06:13 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

we hold open house events every weekend and I do the marketing in advance beginning on thursday....it's a great way to secure new business.....and we have sold many homes at the open house...

Jan 03, 2018 05:55 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No and no. On occasion, I've made an appointment to show a home when an open house was scheduled in any event.

Jan 04, 2018 03:40 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Not a fan of Open Houses....

Jan 03, 2018 10:57 PM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I do not.

Jan 03, 2018 06:33 PM
Rainmaker
7,836,442
Roy Kelley
Retired - Gaithersburg, MD

Nope.

Jan 04, 2018 09:31 AM
Rainmaker
1,503,028
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Out here in Ventura County, CA they are still done and fairly effective, so long as your goal isn't to sell the house.  Very rarely (though it has happened to our office and almost happened to me last year) will a client walk in to an open house and want to buy it.  I did sell a house two years ago that way, but they went to the agent who listed their house instead of working with me. 

 

Primarily open houses are to meet the neighbors (who may be interested in selling their home) and to try and pick up buyer clients (who often times also need to sell their home). 

 

As far as coordinating them, you start advertising no later than Wednesday or Thursday (although sometimes fri/sat still works if there are several in the area).  You put enough signs out for people to find you easily and I usually have a couple people there with me.  Ours are usually from 2-4 and I find that 3-330 is dead but the rest of the time is busy and the two of us working the event are busy, often with multiple groups of people at a time.  Now of course, that's on a vacant home.  If it was occupied, we'd accompany them everywhere and only have one group at a time.  We've had a third person managing a queue out front before.

Jan 04, 2018 08:59 AM
Rainmaker
1,543,983
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

No.

It's honestly my lack of results that prevent me from wasting the time. In 19 years of hosting them, I've picked up 2 clients.

 

I'll check out your link, thank you.

Jan 04, 2018 07:31 AM
Ambassador
3,345,221
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I held one open house in 2017. Most all that I do has a plan of action. 

Jan 04, 2018 07:25 AM
Rainmaker
577,750
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

Open houses can prove to be very beneficial, and in fact I have sold quite a few that way... It is also a way to pick up new clients and I have done that very successfully over the years.... I always make them "sign-in" on my iPad (Open Home Pro) and show photo ID.. My Open House Signs display Photo I.D. is required.  I had one lady protest about signing in... and after a brief conversation she did sign in... and she ended up buying the home..

Jan 04, 2018 06:54 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

PropertyMinder (AccelerAgent) No, they aren't very popular in my area.

Jan 04, 2018 06:25 AM
Rainmaker
758,035
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

2 important things- the listing has to be a "hot" listing for me to do an Open House. Those sell that way.

2- I advertise 2 weeks in advance so plenty time to get the word out & for people to plan to come. 

Jan 04, 2018 06:24 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I am not a huge fan, but I do them on occasion.

Jan 04, 2018 06:06 AM
Rainmaker
5,217,392
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I do not, and have not done an Open House in years. There are, however, areas where they are very effective. It is a local play! 

Jan 04, 2018 06:00 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Nearly all my listings sell so quick, i do not need an open house. It is time spent better else where

Jan 04, 2018 05:11 AM
Rainmaker
1,844,301
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Yes, I'm not sure organize is a good word for it. It's prepared for & the rest is up to fate on whether people show up or not.

Jan 04, 2018 04:50 AM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

I attend them if I have interest in the particular property.

Jan 04, 2018 04:40 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Neither

Jan 04, 2018 04:38 AM
Rainmaker
2,241,703
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

The ROI ... if hanging around a property for two hours waiting, hoping, staring at a plate of dried out donuts works, pour on the gas and do more. If they help you get listings, impress sellers, put on the triangle sign and arrows announcing open house today boys and girls. Video is your open house on demand that buyers want and that get way way more exposure with your ROI!

Jan 04, 2018 04:16 AM
Rainmaker
1,090,922
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Sometimes, it depends on the property.

Jan 03, 2018 11:47 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I do hold open houses, I market them, print labels for water bottles and fliers, install open house signs( many). 

Jan 03, 2018 09:57 PM
Rainmaker
1,726,096
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

I hold Open House Events as often as possible since I do sell many listings at them

Jan 05, 2018 06:50 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Open Houses - YES!

Not all houses are open house candidates.

Is there a routine?

YES. However, there are five legitimate purposes for an open house. Without a purpose the agent is simply spending time.

The routine varies based on the purpose.

Jan 04, 2018 05:58 AM
Rainmaker
4,883,260
Richard Weeks
Dallas, TX
REALTOR®, Broker

I don't do them any longer; however, when I did I had a plan that I followed.

Jan 04, 2018 05:06 AM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Nothing on the market. 

Jan 03, 2018 06:04 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Sometimes.

Jan 03, 2018 05:23 PM
Rainmaker
4,936,727
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I wish I would have some open houses but everything sells in 2 days!

Jan 06, 2018 10:54 AM