A top agent would have 10 plus listings at any one time so there is obviously no way for him to do open house for more than 2-3 listings on a weekend.
A top 5 Remax agent in Canada once told me he doesn't do open house for various reasons. If a client insists on open house, he will just get somebody from his office to do it.
Captain_Ron5 wrote: ↑May 25th, 2014 7:32 pmYou have a home worth $500,000 and REALTOR® A charges 5.0% commission and does lots of open houses. You price the home at $509,000.
You have a home worth $500,000 and REALTOR® B charges 2.5% commission and does no open houses. You price the home at $497,500.
Which one do you think is going to sell faster in this day and age?
I stand by my comment that I will only do open houses if the seller asks me to if he or she really thinks it will help the sale. It won't, but it makes sellers feel better. In my full service listing contracts I do put into the addendum, "Up to three open houses (only if desired by seller)."