If your home is priced too high compared to the other homes for sale in the neighborhood your open house will be a disaster. The buyers you expect will visit other open houses in your neighborhood and not visit your home. Have your Realtor perform a Brokers Price Opinion. Your list price should be 10 percent below the competition. KEEP THIS IN MIND: •1. You will have many buyers visit your open house. •2. You can accept or reject any offer that is below your price point. •3. A multiple offer situation will (1 comments)