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Open House...........is this a thing of the past?

By
Real Estate Agent with Endless Summer Realty


With the trends all heading toward social media, and the ability for consumers to see homes on line with virtual tours and massive amounts of photographs, is it really necessary to have open houses any more? My answer would be no. I have not done open houses in quite some time. I feel that the agents are vulnerable and it exposes a sellers possessions and lifestyle to strangers that have not been pre-qualified, more less identified. With all the information that a buyer can get on the internet, I think it is better all around for the buyers to take the time to select a great agent and then make appointments to see the properties with them.


I know that a lot of agents pick up new buyers from open houses, and any ethical way of obtaining new business is good, but with the crime that many cities are experiencing, I do not feel that the open house venue is a good choice any longer. Think about it, you advertise that you will be in a house, probably alone, and that anyone, yes, anyone, can come in and check out the house, and the agent.  Nice if we lived in a perfect world, but sadly we do not.  As the economy gets worse people get more desperate and that puts us and the sellers in danger.

Instead, hire a great photographer, take lots and lots of quality photos. Add a virtual tour. Market your listing on the web and send out cards. Put a flyer box up in the yard and put an ad in Homes and Land Magazine or a local newspaper. If you do a good job of marketing, people that have an interest will call and make an appointment. Legitimate buyers with sincere interest will not miss an opportunity to see the house they think could be "the one" and will pick up the phone to meet with you. Better safe than sorry, but these are not the good old days and so there are better ways of getting traffic through a home. Offer a wine and cheese for agents who can then bring their interested customers, and again, use the web as a tool for people to see your listing inside and out.

If you must do open house remember to bring a buddy or someone with you. Check the home before you leave and make sure that you are not leaving anyone that does not belong in the home. This does happen and is an easy way for someone to burglarize! Check and double check all doors and windows. Someone could have come through and opened something you did not which will need to be relocked. Before the open house, if the home is occupied, please have the owners take all valuables out of the house. You do not want to be responsible for something going missing, which can easily happen. It is a huge responsibility having strangers come through your listings without supervision. True, you are there but how many people can you attend to at once??

Be safe, be smart, and most of all.....be careful! If your seller demands an open house make sure that they know all the pros and cons. If you make them aware you could be saving yourself and the seller time and trouble down the road!

Comments(7)

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Bud & Beth McKinney
RE/MAX UNITED - Cary, NC
Cary/Raleigh/Apex NC - The Team That Cares, RE/MAX United

Wow, no open houses, that is just a strange thing to think about. Those of us who have been in the market for so long, it is just weird to see how much is changing thanks to technology. And yes, it does help so that those who are looking to move to the area can look up a home before coming down and having to stay at a hotel. I'm not sure what to really think about it. You make a point about the crime rates, what did happen to our world that this has become so much of an issue?

Sep 30, 2011 04:08 AM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

I very rarely do them since hardly anybody bothers to show up.....only if the home owner REALLY wants it done, otherwise I don't bother.

Sep 30, 2011 11:45 AM
Gail Robinson
William Raveis Real Estate - Southport, CT
CRS, GRI, e-PRO Fairfield County, CT

Diane - I find that fewer clients want Open Houses.  I love to do them to get new business and have had good success in the past with Open Houses in terms of signing up clients, but I can't say they do much for my sellers.  They are playing a less important role for me in finding clients as well.  The Internet is changing everything.

Sep 30, 2011 04:09 PM
Broker Patty Da Silva Da Silva
Green Realty Properties® - 954-667-7253 - Cooper City, FL
Top Listing Broker

Diane, I share your concerns about security. Never should an agent be alone at an open house. A great way to deal with this challenge is to partner with a loan officer who likes to do open houses too. The loan officer gets to pre-qualify the prospects right there and then and the agent not only has company but also knows they are dealing with someone who is only willing but also ABLE to buy. Win-Win situation!

 

Oct 01, 2011 06:05 AM
Sussie Sutton
David Tracy Real Estate - Houston, TX
David Tracy Real Estate for Buyers & Sellers

Diane, I don't mind doing open houses but in my opinion they don't work very well for me. If we get one or two people coming through that is a good open house. So it seems...dare I say this... a waste of time.

If my seller requests one, of course I will have one. But I will not mention open houses at all.

It may have to do with our area. I went to an agents open house the the other day. You let yourself in (no one was there) and signed up, previewed the house, left comments, and left info to win a door prize. It was a good idea to get agents there.

You also had good points about the criminal activity going on. It is really sad!

Oct 02, 2011 06:35 AM
Roy Kelley
Retired - Gaithersburg, MD

Many sellers do not fully understand the risks involved with open houses.  Too many leave valuables and drugs to be stolen.

Enjoy the fall activities and be sure to have your camera in hand to capture the changing colors of the season.

IMG_5872 Life is good!

Dahlia Show at Brookside Gardens in Montgomery County, Maryland.

Roy and Dolores Kelley Photographs

Oct 06, 2011 12:07 AM
Robert Hammerstein -
Christie's International Real Estate - Hillsdale, NJ
Bergen County NJ Real Estate

Hi Diane,

It is definitely important to be safe and smart in this day and age.  Open Houses are really the way agents pick up new Buyers and that has always been our feeling about them too.  We were recently on a listing appointment for a home that was withdrawn.  The Sellers were quite annoyed that their former agent had had so many open houses.  Guess it's a matter of opinion but we tend to agree with you on this subject.

Oct 07, 2011 02:22 AM