I took this from another blog:
For the most part I do not hold open houses for my listings unless the sellers press the issue. Most of my sales come from my contacts, my internet marketing and from the multiple listing service.
Most sellers think holding open houses increases the market exposure of their house. The reality is at least 95 percent of buyers are using a broker. So they can get in every home any day of the week at a time that’s convenient for them. With an open house sellers are hoping that the general public will just happen walk off the street and want to purchase the house. I think the general public is way to educated for this to happen with all the access via the internet to the listings now being offered before they even leave their home. Buyers will look at pictures and videos to have a good idea whether or not to see a home and they will call to see it on their own time.
You must be thinking, there must be some good coming out of open houses? Here is when (and it has not happen in a long time in our area):