Neighborhood Open Houses - Do they Work?

Good morning, Joan... I've never believed open houses sell homes. I believe that thee last couple of years when inventory was critically short, homes selling from open houses were an anomaly. Anytime, I participated in a neighborhood open house it was to ensure my clients didn't ask me why I didn't participate and not because I felt the house would sell. And at the end of the day, no neighborhood open house ever sold one of my listings.

Good morning Joan. I am not a fan of open houses since I think they are a waste of time. That said, have done some, to satisfy sellers or joined in a neighborhood open house. Never sold one from an individual open house but have been lucky in neighborhood ones. A roll of the dice, maybe worthwhile in a slower market. Enjoy your day.

I have seen some very effective use of open houses in our neighborhood. The homes are open on Sunday afternoon and offers are due by Monday night. This is possible due to the very limited inventory.

Hello Joan - real estate can certainly be a challenge.  Finding what works is often a combination of experience and trying something new (or a bit different).  Good luck.  

I do pretty well with open houses. That being said, I do like neighborhood open houses. Usually at least one or two sell, and that is less competition even if it is not mine that sold.

I am on the fence with that one as I sold a few homes from open houses where the buyers expressed interest but were represented. A call to their agents seemed to do the trick

Open houses do sell homes in NYC. Listing brokers are usually present in showings- so what a lot of them do is they may try to push showings to the weekly open house. They get a nice portion of the weeks showings during a Sunday open house or weekday early evening. It's part cultural here too- Brunch followed by open houses.  

Our North Idaho homes do not fit well with open houses.  Unless directly within city limits they are normally to far off the beaten path to warrant any time spent, for agent or seller in prepping.  m

The house I just settled sold due to the Open House, buyers came through then had their agent write up the offer.

Hi Joan- I suppose it depends upon the location, community and region. 

Thanks for sharing this thoughtful perspective, Joan Cox—it's a great reminder that patience and open communication are key in today’s market. I appreciate you highlighting the importance of teamwork and staying flexible. Fingers crossed you get that pending sale soon! 🤞🏡