What’s your budget on open house events?

Question

Hello bp fam! I’m a new agent in San Antonio, TX and I’m looking to hold open house events to start prospecting. I was curious how much do you budget for an open house? Any tips and tricks are very much appreciated. Thank you.

Shawn Mcenteer · Answer

Budget can be low. The cost will be more so in time. Door knocking neighboring homes for example is great way to invite neighbors, build conversation and find out who else in the neighborhood is considering selling. Once the property sells going back to all those neighbors with "just sold price" is very warm and engaging.

Celine Crestin · Answer

$0 (assuming you have signage). Snacks are a waste of money/time/energy and you risk visitors making a mess in the home.

Time is your investment. You can print a few flyers up, but why not create a great digital flyer on canva or the like and offer to text it to your visitors. That way you can get their number and also send your digital business card and if you want to go high level perhaps text them a link to a brief digital feedback survey about the property when they leave?

congrats on your license and good luck!

Alex Loera · Answer

Thank you Shawn.

What’s your budget on open house events?

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