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32 Comments on 5 Ways to Scare Real Estate Clients Away at Your Next Open House
Very good insights, Debra. There's more to holding an Open House than unlocking the door.
It's good to see the perspective of someone who is not a real estate agent. Doing open houses takes up a good portion of the day - why waste it by sitting around doing nothing and putting off potetial buyers?
I get a ton of business from doing open houses and I think I have gotten very good at them. I am still shocked when I see people reading the paper or watching tv or doing their computer e-mail etc. At an open house, it's all about the house and the people that walk in to see it.
I had an open this past sat/sun and handed out over 65 flyers. Picked up 3 good buyers from it. (although in my HOT sellers market, buyers are hard right now).
great advice. How many times have we heard or seen the agent at the Open House who just doens't have their heart in it. Can they be frustrating...yes...but it only takes getting one good client out of that Open to make it worthwhile.....now which one is it is the question.
Great points! Several years ago, I had a listing in a classic upper end neighborhood. While holding the home Open one Saturday, I heard gunshots about halfway through. A few minutes later there were sirens. When I peered out the front window, I could see at the corner, a mere 3 houses away, were police and an ambulance. There had been a drive-by shooting. A bullet had struck a woman in the leg. I closed the Open House early, and I actually asked a police officer to hand me my Open House sign, which was on the opposite side of the yellow crime scene tape. Did I think all the activity would create a deterrent to potential home buyers? YOU BETCHA!
Debra -- thanks for the mention. And you're absolutely right -- I've also seen some agents who do such a horrible job holding open house. One in particular was an agent in Dallas. When I was asking questions about the property, he seemed annoyed. He then said "Perhaps you should rent for a while." Really? Very insulting and off-putting.
Hi Debra. Ouch. I find it a bit surprising that there are so many doing poorly at open houses. The sole reasons to be there are to a) sell the home and b) pick-up some potential clients. Doing less than your best and showing no interest in the home will help get neither done.
Bruce
Great list - I've bookmarked this and will share with my Open House Team! :)
Debra:
If I was a buyer and I came upon an agent who behaved the way you mention, I would never want to see them again. I hope that most agents do not behave that way. Thank heaven most agents are professional in their dealings with the public.
Great article!!
If this is considered news worthy I feel very sorry for the Real Estate business. This list is something I would advise a high school teenager not to do. If professionals are doing this, it says something sad about the state of your industry and all of you should be ashamed of yourself. My real estate agent was blatantly ignorant of economic conditions, convinced herself that 20% return YoY was normal, and that prices would go up forever. These examples of ignorance and lies and why this industry is overdue for some major housecleaning and disruption.
Open homes DON'T sell properties. They are a marketing/listing tool for real estate agents. They attract Neighbours, sticky beaks and sometimes thiefs. As far as Ethics goes it us certainly not something you can learn. Ethics is something that grows with your good character, not something a bad character can have. All the ethics training in the world won't make you honest or ethical if you are unethical. It's not a learnt skill.
Stagging homes from feedback from buyers they don't really like it and in my 16 years in the industry I would never recommend the expense to any client. In my opinion it does not give a return that exceeds the cost. It's like placing ads in the newspaper it's a waist of money and promotes the agency not the property.
Wow thanks everyone for your comments and additions to the list.
Marti, a "Featured Sharp Cookie," I love that thanks!
Melissa, Deborah, Lori and Steve, I appreciate you reblogging and spreading the word with home stagers and real estate agents alike. Home stagers are so often in the position of recommending a listing agent to our clients so it's good to know who to watch out for.
Debbie, love your story of the agent who fell asleep during her open house! Good thing the place wasn't cleaned out when she woke up!
The Christiansen Team, yes glued to the TV watching a football game sends the wrong message about an agent's priorities when he's "on the job." Thanks for sharing that example!
Myri, that's an awful and scary situation. Having your open house sign behind police tape at a crime scene, absolutely not a marketing opportunity!
Pacita, rent indeed. I see you've run into the same sexist assumptions I have when house hunting!
Thanks everyone else who I haven't mentioned personally!
Phew, so glad I am not guilt of this article. I always take listings of the neighborhood with me so that I can be knowledgeable of what is pending, available and recently sold. I disagree with Paul who said staging is not important, it can make or break a home getting sold. Great article but the picture makes me laugh, the cell phone has an antennae on it and the clothes are from 1986. I have problems finding good pictures when I am writing a blog!! I struggle with finding a good medium on being helpful and stalking the buyers at open houses. Any suggestions?
Really? This is what residential real estate has come to? Don't agents receive training or coaching anymore?
Debra, I was only in residential real estate for four years in the `70's before moving over to investment real estate (30 years) where open houses don't exist, so maybe I don't understand what's going on these days. However, these tips are so "common sense" that they must be aimed at the grossly stupid. Real estate brokerage is a very Darwinian industry and the agent behavior that you've described is a sure sign of agents about to exit the industry due to a lack of income (addition by subtraction).
How about an article on open house "best practices" for newer, smarter agents?
I wrote about my negative experience at an open house in a NJ shore town a couple of months ago as well, Debra, and I'm now working with the agent who actually expressed interest in our needs, instead of the one who was completely un-interested in talking to us! It's too bad there are agents like Paul who have not had their eyes opened to the benefits of staging and the ROI it usually brings to owners who have their homes staged. To not at least mention it to sellers as one effective way to market homes does them a disservice!
Great article Debra! The only negative experience I've had at an open house was; too many people there so I couldn't chat with the Realtor, lol. I didn't want to distract her from potential clients so I just left my card. There were some things I would have suggested to her (like turning off the tv) and some furniture rearranging, but just as well, she wasn't interested enough in Staging to call me.
Paul, you are entitled to your opinion, but I'm sure there are Realtors in your area that are using Stagers and selling faster than you are. You might want to take a look at that. :)
Open houses are rare in my area for MANY reasons but great article Debra. Thanks for sharing here and on linked-in!
Thanks everyone for sharing your comments and points of view!
Excellent feedback!