Not necessarily, but they’re often misunderstood.
Open houses can serve a purpose, but their value depends on how they’re conducted and what the seller’s goals are. A well-planned open house can attract local buyers who are just starting their search, neighbors who may know someone looking to move into the area, and even unrepresented buyers who might not have scheduled a private showing yet.
However, most serious buyers indeed schedule private showings with their agents; that’s where the strongest interest usually comes from. So while open houses can increase exposure and create energy around a listing, they rarely produce the actual buyer directly unless the marketing and follow-up are handled strategically.
If your agent isn’t using a sign-in system, collecting buyer information, or providing flyers and digital follow-up, then yes, the open house might not be serving its full potential. It’s not that open houses are a waste of time; it’s that poorly executed open houses often are.
In my experience, open houses work best when they’re part of a larger marketing strategy, one that includes targeted digital promotion, neighborhood outreach, professional materials, and a clear plan for following up with everyone who attends.
The bottom line: an open house can be valuable, but only when it’s done with purpose, preparation, and follow-through.