Open Houses are usually thought of a something Realtors do in marketing their listings, but Open Houses Are Not Only For Realtors. Open Houses serve as an excellent tool for me as a Loan Originator to meet Realtors and hopefully meet potential Borrowers as well. My experience with Open Houses is in partnering with a Realtor at one of their Open Houses, and also stopping in at Open Houses on my own.
It is not unusual for a Realtor I partner with to invite me to assist the with an Open House they are doing. My function at the Open House is to be there to assist in answering questions about the mortgage process and answer mortgage related questions. I will also assist the Realtor in welcoming visitors while the Realtor is busy escorting other visitors on a tour of the house.
I will usually bring a handout or two, as well as pens for visitors. One of the handouts I bring is the Open House Flyer above. The Open House Flyer above, was for an Open House I did for an Open House I did with another ActiveRain member, Pat Harriman, a couple of years ago. Check out the Interest Rates from a couple of years ago, the FHA and Conventional rates have flip flopped, and the FHA rate is the lower of the two now. I have gotten Borrowers from doing Open Houses with Realtors, in fact I ended up Pre-Approving a potential Borrower who stop in at this Open House with Pat.
Besides assisting Realtor's with their Open House, I also have made it a practice of stopping in at three Open House on Sundays that I am not doing one with a Realtor. I have blogged in the past about what I do, and bring to these Open Houses. Such as the Open House Flyers above and the Open House Survival Kit to the left. I have found Open Houses to be an excellent way to reinforce or start new business relationships with Realtors. You can read more about that by clicking on the two links above.
When I stop in at Open Houses, I also get to see some creative things Realtors do at Open Houses. One of the most creative ideas was by one of Pat & Wayne Harriman's Realtors. This Realtor is a Morning DJ on a local radio stations. So for the Open House he held a Remote Broadcast from the Open House while people were touring the house. He also had a Scavenger Hunt for prizes and gift certificates for local business. He even had a grand prize which was tickets to a well know Country & Western Singer who was performing at the Chevy Center in Wallingford, CT that week. Needless to say this Open House was very well attended.
So while Open Houses are a tool mainly used by Realtors, Open Houses Are Not Only For Realtors. Loan Originators, Home Inspectors, Attorneys, Home Repairman, and others can also participate in Open Houses as Well.
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Info about the author:
George Souto NMLS# 65149 is a Loan Originator who can assist you with all your #FHA, #CHFA, and #Conventional #mortgage needs in Connecticut. George resides in Middlesex County which includes #Middletown, #Middlefield, #Durham, #Cromwell, #Portland, #Higganum, #Haddam, #East Haddam, #Moodus, #Chester, #Deep River, and #Essex. George can be contacted at (860) 573-1308 or gsouto@mccuemortgage.com
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