Is an open house a waste of time? - Selling Your House - MSN Real Estate

(From MSN.realestate.com)

"Many sellers are just a little bit leery of having an open house," says Pat Vredevoogd, agent and broker-owner of AJS Realty in Grand Rapids, Mich., and incoming NAR president.

Some, she says, are worried about letting complete strangers roam freely through their house, with access to electronics, jewelry, prescription drugs and personal information.

Others just don’t want their neighbors and a host of other so-called "looky-loos" wasting their time just for a look at their décor.

And many agents won’t do them for security reasons, as a number of their fellow Realtors have been attacked and some even killed, as they sat in an empty house alone and vulnerable.

Vredevoogd, herself, isn’t keen on them. While they have proved helpful over the years on some of her more expensive listings, most didn’t produce a sale. "Over the past year, maybe two or three of the 50 houses I sold were from an open house," she says. "Personally, I think it’s a waste of time. It’s one of those things that has gone by the wayside."

Is an open house a waste of time? - Selling Your House - MSN Real Estate

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