If you are thinking about selling your home, you have probably wondered whether hosting an open house is worth the effort. After all, preparing your home for visitors takes time and energy. So do open houses actually help sell homes? The short answer is sometimes.
Let’s explore how they work, when they shine, and when they might not be the best fit whether you’re selling your home in Boise, ID or Trenton, MI.
In this article:
Purpose of an open house
Do open houses really sell homes?
When open houses work best
When open houses might not be needed
Tips for successful open house
FAQs
What is the purpose of an open house?
An open house is a designated time when potential buyers can tour your home without scheduling a private showing. It gives them a chance to imagine themselves in the space and experience the property in a relaxed, low-pressure setting.
Typically held on weekends while the seller is away, the listing agent is on hand to answer questions and connect with attendees—including buyers who might not have considered the home otherwise. Guests usually sign in with their contact information, allowing the agent to follow up and share feedback with the seller on ways to improve the home’s appeal and marketability.
Do open houses really sell homes?
Open houses can help generate buzz, but they are rarely the sole reason a home sells. Most buyers today search for how to find open houses by using online tools, browsing photos, and watching virtual tours long before they step through the front door. And according to a 2024 report from the National Association of Realtors (NAR), just 3% of all buyers visited open houses as the first step in their home-buying process.
However, open houses still play a valuable role in the process. They attract curious neighbors, casual browsers, and serious buyers who may be deciding between several homes.If your home makes a strong first impression, an open house can turn casual interest into a serious offer.
When do open houses work best?
Open houses tend to work best in these situations:
- Hot markets: When demand is high, open houses help get more eyes on your listing and can spark multiple offers.
- Slower markets: When buyer activity is low, open houses can increase visibility, attract potential buyers, and give people a chance to experience the home in person.
- Unique homes: If your home has standout features that photos can’t fully capture, seeing it in person can make all the difference.
- New listings: Hosting an open house during the first week on the market can build momentum and encourage early interest.
Benefits of an open house
While an open house may not always lead to an immediate sale, it offers several benefits:
- Prepares your home: Getting your home ready for an open house can improve photos and private showings, helping your home stand out and leave a strong impression on potential buyers.
- Encourages quick action: In markets with low inventory, buyers who have lost out in prior bidding wars may act faster and make higher offers to avoid missing out again.
- Saves time: Open houses allow multiple buyers to view the property in one session, making them more efficient than numerous private showings.
- Promotes competition: Seeing other buyers interested in the home can motivate stronger offers and sometimes even spark bidding wars.
- Provides convenience: Buyers can tour the property without scheduling appointments, which is helpful for those with busy schedules or traveling from out of town.
- Creates a relaxed environment: Without an agent looking over their shoulder, buyers feel comfortable exploring and envisioning themselves in the space.
- Boosts visibility: Marketing for the open house draws extra attention, which can lead to additional private showings.
- Highlights features in person: Buyers can experience aspects of the home that photos don’t capture, like a walk-in shower or outdoor kitchen.
- Offers actionable feedback: Agents can gather insights from attendees and suggest small improvements to increase appeal and speed up the sale.
When is an open house not necessary?
If your home is in a slower market or already priced at a premium, a traditional marketing plan with professional photos, virtual tours, and private showings might be more effective. Some sellers also prefer to limit foot traffic, especially if they have open house safety or scheduling concerns.
Tips for a successful open house
If you decide to host one, make it count.
- Stage thoughtfully: Clear clutter and highlight your home’s best features.
- Promote widely: Share your open house online, on social media, and through your agent’s network.
- Create a welcoming atmosphere: Fresh flowers, good lighting, and a clean space make a lasting impression.
- Follow up: Ask your agent to reach out to attendees afterward. Sometimes the conversation that follows leads to an offer.
Read>> Tips for Showing Your Home During an Open House
From open house to sold sign
Open houses are not a guaranteed way to sell your home, but they can be a powerful tool when used strategically. They increase visibility, build excitement, and give buyers a chance to connect emotionally with the space. The key is to work with an experienced agent who understands your local market and can tailor your selling strategy to what works best for your home.
FAQs: Do open houses sell homes?
Do open houses actually help sell homes?
Open houses can help create interest and visibility, but they are rarely the only reason a home sells.
When is the best time to hold an open house?
The first weekend after your home hits the market is often the most effective time to host one.
Are open houses still useful in today’s online market?
Absolutely. While most buyers start online, in-person visits can seal the deal by helping them visualize living in the space.
How do I prepare for an open house?
Declutter, clean thoroughly, and stage your home to highlight its best features. A welcoming atmosphere makes a lasting impression.
Do open houses attract serious buyers?
They can. Some attendees are casual lookers, but others may be ready to make an offer if your home stands out.
The post Do Open Houses Sell Homes? What Sellers Should Know Before Hosting One appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
