top of page

The Candy Bag

Join our community and leave a comment

Stop Letting One Bad Saturday Make Business Decisions for You: open house lead generation

  • Writer: Kathryn
    Kathryn
  • Jul 10
  • 4 min read

There’s a difference between tracking results and reacting to disappointment.


Real estate agents are really good at making big decisions from small amounts of information.

One quiet open house turns into, “Open houses don’t work.” One person doesn’t answer the phone and suddenly, “These leads are bad.” One social media post gets no response and now, somehow, your audience doesn’t care.


a woman alon in a big empty house

I get it. I’ve felt all of those things.


It’s frustrating to get yourself ready, drive across town, put out signs, sit in someone else’s listing for two hours, and have nobody walk through the door. Or maybe a few people do come in, but they’re neighbors. Or they already have an agent. Or they say they’re just curious. By the time you’re picking up your signs in the heat or the rain, it’s very easy to think, “Well, that was a waste of time.”


That’s the part we have to be careful with.


A bad result isn’t always bad data. Sometimes it’s just one attempt. One sample. One day. One awkward thing you did before you had enough repetitions to know what was really happening. And in real estate, that matters because if you let one bad attempt make the decision for you, you’ll quit almost everything before it has a chance to work.


Lead generation usually isn’t dramatic. It doesn’t always feel like something is happening in the moment. A lot of it feels slow, repetitive, and honestly kind of boring. You do the thing, you track what happened, you follow up, and then you do it again.


The problem is that we want every activity to give us emotional proof that it was worth it. We want the open house to have traffic. We want someone to answer the follow-up call. A post should get comments. A mailer should make the phone ring. Something should happen so we can feel like the time counted.

And when that doesn’t happen right away, we start looking for a reason to stop.


You’re allowed to adjust your plan. You should adjust your plan. If you’ve been doing open houses for months and no one is coming through, then yes, look at the house, the location, the price point, the time of day, the marketing, and what you’re saying when people walk in.


But that’s different from quitting because one Saturday made you feel bad.

There’s a difference between tracking results and reacting to disappointment.


Tracking sounds like this: “I’ve done ten open houses. Here’s how many groups came through. Here’s how many people signed in. Here’s how many follow-up conversations I had. Here’s what I need to change.”

Reacting sounds more like, “Nobody showed up, so this doesn’t work.”


Those are not the same thing. One is business an the other is emotion making the decision.

And listen, emotion is part of this business. I don’t think pretending otherwise helps anybody. It feels personal when people don’t respond. It feels embarrassing when you sit in an empty open house. It feels discouraging when you did the work and nothing obvious happened.


But the feeling can’t be the whole story.


Sometimes the work you did today isn’t for a closing next week. The win might be that you showed up when you said you would. It might be that you got better at asking people to sign in. Maybe you learned that a certain type of open house isn’t worth repeating. Maybe you realized your follow-up plan wasn’t strong enough.

That doesn’t sound very exciting, but it’s how you build confidence.

The kind that comes from knowing you can do the thing even when it doesn’t immediately reward you.

That’s what newer agents especially have to understand. A lead source is not proven or disproven after one try. Or two. Or usually even three.


You have to give yourself enough information to make a real decision.

That last part is hard because it takes honesty. It’s easier to say, “Open houses don’t work,” than it is to look back and realize you only tried it a couple of times. It’s easier to blame the lead source than to admit the follow-up was thin, the conversations were rushed, or the sign-in process wasn’t strong enough.

That’s not meant to beat you up. It’s meant to bring you back to reality.


If something didn’t work, look at it. Really look at it. Were there enough attempts to see a pattern? Did you have enough conversations to know what people were actually saying? Did you follow up long enough to know whether the lead source was weak, or whether the follow-up was weak?

And maybe the hardest question: did you actually do the whole plan?


Because one quiet open house doesn’t get to decide that open houses don’t work. One unanswered call doesn’t get to decide that follow-up is pointless. One awkward conversation doesn’t get to decide that you’re bad at this.

It was one attempt.

Learn from it. Adjust what needs to be adjusted. Then go do the next one.

That’s the job.


FAQ

Do open houses still work for real estate agents?Yes, open houses can still work when they are treated like a lead-generation system. That means choosing the right house, collecting contact information, following up, and tracking the results.

How many open houses should a real estate agent do before deciding if they work?One or two open houses usually is not enough. Agents need enough attempts to see patterns in traffic, sign-ins, conversations, and follow-up results.

Why do agents think open houses do not work?Agents often judge open houses too quickly. A quiet open house feels discouraging, but that does not always mean the lead source failed.

What should agents track after an open house?Agents should track how many groups came through, how many signed in, how many had agents, how many follow-up conversations happened, and how many appointments were set.

What is the biggest open house mistake agents make?The biggest mistake is treating the open house like a one-time event instead of part of a longer follow-up plan.

Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
Seeking the best logo

© 2024 by Seeking the Best - The Real Estate Agent Podcast

  • Instagram
  • YouTube

Seeking the Best
The Real Estate Agent Podcast

Sign up to get news, tips and find out about our special live and streamed events.Get updated on new Candy Bag Posts!

bottom of page