It's always puzzled me why open houses don't "work" in other markets.
Moderate tool for the seller... depending on the area, some opens are more, or less, successful.
Thing of the past... nah... I don't think so... I think they'll remain popular... there are always some buyers who are not affiliated with an agent, and it's really their only way to view the house.
If the home IS a good open house candidate....
and the seller selected the right selling method......
and the right strategy was selected and fully implemented...
and the agents is knowledgeable of real time marketing....
Buyer and Seller and agent wins.
If the OPEN HOUSE was agreed to for the purpose of 'meeting seller expectation'.....you have encountered the dinosaur.
How many times have you read here on Trulia a seller asking, "Can a get an agent who will sell my house and not simply put on in the MLS?" When pressed the seller will grab for any useless activity they can observe...which is the Open House. However, if the seller is pressed, "Will you do what is needed to SELL your house that weekend?" the seller melts away from the strategy.
The Open House is exactly what you make it.
Make the seller commit to the strategy.
Execute the 30 day sale.
Cultivate a lot of business action.
What will the Open House be for you?