I do not do open houses for sellers, much less for FSBO's hoping to catch a "live one." In my experience, 99% of those who come to open houses are looky-loos. There are better and more cost effective ways in terms of time to generate buyer leads.  In the old days I can understand how and why they were important. My listings are open 24/7 today on the web. And don't get me started about the security issue of sitting in a house with strangers walking through.

Don (James) Shab Several years ago, there was  broker would list own house higher than market price, and did open houses, specifically to get buyers leads.

No way, I have my own clients to service if I was going to do an OH.

Don,

I have not heard of targeting FSBO's at open houses.  How is it working for you?

Blog about your success with these open houses.

Never heard of this, but it may be a way to work your way into a fsbo listing.

I have never done this and wouldn't.  Have you? -Kasey

I hold open house events for my own listings and never for a FSBO.    Have you?

A new agent in my company asked my opinion about this and I told him I wouldn't do it. That is part of my listing service and I don't give it away free.

I do not.

Not I!

If i hold an open house, the main purpose is to get the house sold, not to get buyer leads. Wouldn't do one for a fsbo unless it was someone i know.

Nina Hollander nailed this one!

We do not, unless we are the listing agents 

Not done it.

Are you referring to holding open house for a FSBO to gain their business.. /Some guru on facebook is suggesting this technique.  No, I don't offer to hold open houses for those.  I have offered to hold open houses for agents in my office with a new listing.   Honestly I have not done an open house in a while. Just signed a listing agreement and this property owner doesn't want one.  That's ok.  In our market, homes are turning over quickly. 

We can't keep a house on the market long enough to do an open house . Actually, you know, I never thought of doing an open house for a fsbo. Thanks

Don (James) Shab Never. Have you? 

Of course, Open house are a excellent source is done right to pick up business.

I don't do open houses for FSBOs. Are you? If yes, how is that working?

Am not looking for buyers except for my own listings. Would love to hear more about how you are doing this. I would think it could be helpful getting the FSBO to list with you.

I used to do that and yes about 75% of them were. There are very few FSBO's in our San Diego market these days in my neck of the woods.

I don't know of many - I certainly don't do that! Like Lyn Sims, I'm busy servicing my own clients!

Interesting concept.  Not something that I have done.

 Let us know if you hold one, and how it works out!

Never done that

I did Open Houses for the first 2 years to increase my book of business

I do Open Houses every weekend.  I dont look at it as a waste of time but rather as an opportunity to meet the neighbors who might become potential sellers. I also use the time to write out thank you cards or create some sort of social media piece.  A lot of homeowners just assume that an agent is going to do an open house but I have had clients that tell me that they don't want one or that they don't care if I have one or not.

As for doing an open house for a FSBO, while we don't have too many in our area, I think it is Anna opportunity to create rapport with the homeowner not to mention surrounding neighbors that see that you are "doing something different" and that opens the door to opportunity.

I haven't heard of this practice. Have you done it?  I would think sellers of FSBOs would be open to it. The Realtor would need to draw up an agreement with the seller stating that if a buyer from the Open House signs a contract the Realtor would get a certain compensation.      

I only hold my own homes open.  To sell them and to get buyers.  We only have a couple fsbos out here and I don't pay them any mind.

I do not work FSBO's and rarely host open houses.  Seeking buyers in my market is not on my top 100 list at this time. 

Apparently an agent is successful..... Multi-million dollar custom home too. 

we hold open house events every weekend.... we do not focus on fsbo's.... and from the open house events, in a seller's market, we often sell the home at the first open....especially when the showings start that day....

Not something i would do. The liability is great and i have plenty of willing sellers to assist than those who make it harder to sell by trying it themselves

Never thought about doing an open house for a FSBO!

I don't do open houses for FSBOs

Don (James) Shab Can't see a reason for doing open houses for FSBO's.

I do not.

Don (James) Shab - I do not like to do open houses. Once in a while , Yes!

I don't do opens as a rule.

lets find out Don...

I don't do them but that is the primary reason to do them.

I rarely do open houses, as the listings go under contract usually pretty quickly.   I will be this afternoon with one of my listings.  NEVER for a FSBO.

I don't do open houses very often because they are a time waster in my area.