I often have sellers ask me the benefits of holding open houses. And while there are some, I am very candid with them in my response. Very rarely will someone offer on a home after coming to an Open House (I've only had that happen one time in all my years of doing them.) Primarily, you have the neighbors (some nosy, some nice) your 'weekenders' as I like to call them (those folks that go to every open house, every weekend) and then the few who are looking but not really sure what they want.
Does that mean sellers shouldn't hold open houses?
No, not at all. They can be great for getting feed back on condition and price, and other things potential buyers are noticing. But there may be some people who simply don't want a ton of strangers, all at one time, walking around their house. And that's okay too. Talk with your Realtor, get their opinion, and then decide for yourself if it's the right thing for your listing.
Vikki Head - Licensed Realtor® in the great state of Texas. Self-proclaimed writer/blogger. Former Teacher. Mother and Coach's wife.