Five Reasons to Hold an Open House - Here are a few good reasons to consider holding an open house: 1) While the odds are low, open houses sometimes lead to a sale; 2) Home sellers like them; 3) Visitor provide valuable feedback; 4) Other agents tour open houses, which sometimes leads to a sale; and 5) Open houses engage people, including friends and neighbors who might know someone that would be interested in buying.
http://www.realtor.org/RMODaily.nsf/pages/News2010021706
Five Reasons to Hold an Open House
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Hi Jude, I agree. Odds are low, but you never know who will come. I've sold two homes due to open house, and it's a good chance to meet potential buyer.