Agent

Shutting the door on open houses

Part 2: Finding value in traditional marketing
Published on Feb 24, 2010

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by CareyBot

There was a time when homeowners listing their properties for sale could automatically expect their agents to host open houses. Not today. I posted a query online for the nation's real estate agents, asking them if open houses work -- and nearly drowned in the enthusiastic and detailed responses, both pro and con.

Last week in this column, I presented five points made by agents who favor planting the open House sign in the lawn. This week, I offer five considerations from agents who say: Don't bother -- times have changed.

1. Many agents said open houses have an excruciatingly low conversion rate.

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