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Old 12-08-2019, 08:34 AM
 
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I’ve been seeing some homes on the market for weeks that have turned to open houses. Is an open house a sign of low interest?
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Old 12-08-2019, 09:56 AM
 
Location: planet earth
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Seriously?

Open houses are standard marketing (not successful, usually, but standard).
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Old 12-08-2019, 10:01 AM
 
Location: Rochester, WA
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Well, in this case, it certainly may be that they're trying to increase interest by doing some open houses... It gives the listing agent, and the agent holding the open, if different, a reason to do an advertising blitz and attract some new attention.
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Old 12-08-2019, 10:37 AM
 
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"Turned" to open houses? All the areas I'm familiar with there's an open house the first weekend it's listed. Neighbors go and tell friends. People driving by can stop in. Realtors don't have to book appointments but can go whenever they and their customer are available within those hours of the open house. More of an invitation, less stress. I know people who say they hate to bother their realtor but go and then call their realtor if they like the house. Sometimes the realtor will register the person with the realtor holding the house open etc etc etc And continuing a couple of weekends, etc. It's not a last ditch effort on a bad property.

Last edited by petsandgardens; 12-08-2019 at 12:02 PM..
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Old 12-08-2019, 10:40 AM
 
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No, it's a sign of a real estate agent that wants to pick up some more listings.
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Old 12-08-2019, 08:47 PM
 
Location: Berkeley Neighborhood, Denver, CO USA
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In greater Denver we have 4 licensed agents for every house on the market.
That seems like plenty of babysitters for me.
I don’t understand why every house isn’t open every weekend.

We sold our house because it had an open house on a particular weekend.
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Old 12-08-2019, 10:56 PM
 
Location: just NE of Tulsa, OK
1,449 posts, read 1,145,439 times
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Quote:
Originally Posted by petsandgardens View Post
I know people who say they hate to bother their realtor but go and then call their realtor if they like the house.
This is me...well, not so much that I don't want to "bother" my realtor...more like I don't want to bother with setting up appointments to see something I'm perfectly capable of seeing for myself. If it turns out to be a total non-starter, I can quickly dismiss it and haven't wasted anyone's time. Likewise, if it's something I need a realtor to help me learn more about, I'll then call my agent. It's efficient.
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Old 12-09-2019, 04:40 AM
 
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In my zip code, desirable properties have a realtor-only open house. Open houses for the general public are the norm for less desirable properties.
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Old 12-09-2019, 07:01 AM
 
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,553 posts, read 81,067,970 times
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Quote:
Originally Posted by petsandgardens View Post
"Turned" to open houses? All the areas I'm familiar with there's an open house the first weekend it's listed. Neighbors go and tell friends. People driving by can stop in. Realtors don't have to book appointments but can go whenever they and their customer are available within those hours of the open house. More of an invitation, less stress. I know people who say they hate to bother their realtor but go and then call their realtor if they like the house. Sometimes the realtor will register the person with the realtor holding the house open etc etc etc And continuing a couple of weekends, etc. It's not a last ditch effort on a bad property.
Same here, there is almost always an open hoe the first weekend after listing, and then the second. In some cases there will be an announcement on the listing that "offers will be accepted 9am-2pm on _______."
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Old 12-09-2019, 07:26 AM
 
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The realtor who listed my overpriced house has open houses for all of her listing as often as possible. She has a bunch of flunkies (non agents) who sit in them for her.
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