I find that open houses are a waiste of my time? However I cannot deny that over the last 10+ years I have found many buyers and sellers through an open house.
I always tell my clients of the security issues, along with the rest of the pros and cons of having an open house but always follow that information with "It only takes one buyer and they might walk through your door at an open house"
I have also found that if you are trying to really market in one area and get your name out in that city or neighborhood that the more opens the better. Your signs are out every weekend and the neighbors are all out looking and talking to you, and who do you think they will call when they need a real estate professional?
Have I sold any of my listings directly from holding the house open? No. Have I ever gotten buisness from a open house? Yes and for 3 hours of my time a week it seems to be a good use of time. People only see blogs and most our marketing (including mailings) when they are thinking of doing some kind of real estate, an open house people see no matter what so are open houses a waiste of time?
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