My neighbor is selling (San Jose area), and she had an open house on Saturday and Sunday.
What the hell for?
So you can go in and take a dump in her living room!
Somebody did. It was standing there handing out business cards as people walked in.
Why bother? To get people in there and see how many people are in there in order to juice up the bids. One agent that I worked with once had a rule where you take how many bids you think that the house will get and multiply by $5k to determine how much to offer over asking. A lot of agents probably do that, so you would obviously want as much foot traffic as possible to scare prospective victims...err buyers into juicing their offers.
Ahhh, yes, get the suckers in that need mortgages (i.e. No Chancers) to make it look hot so the Chinese billionaires add another 50-100K to their all-cash, no-contingency bids.
I didn't look at it that way.