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How Do You Create New Business? Do It With Your Existing Business!!

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Services for Real Estate Pros with RE/MAX Executive Realty - Happily Retired 104763

Let me preface this post by saying I would be remiss if I did not share this information with all of the naysayers of Open House Events.  I call every Open House an event because we make it an event. 

When you attempt to meet a challenge “head-on,” you must have a strong push off the blocks. Prior to every Open House Event, there must be marketing in place. Online and offline marketing is my definition of the “full monty.”  

My marketing for this home began on Wednesday for a Saturday Open House. Postcards were mailed to 500 in the area for newly listed. My blog posts were on the first page of the SERP and 40 people showed up.

The Open House was scheduled for “ONE HOUR” and the serious potential buyers attended during that scheduled time. The time extended because of the number of people attending and lingering.  We love it when people linger.  Don’t you just love that word?

There were 4 offers that resulted from that Open House Event. The final accepted offer was for well beyond the list price and with a quick closing. We love a clean deal with a price beyond list price…Highest and Best is what we received!

Do I love Open House Events? Yes, and the reason is because it continually feeds us “new business.”  Within that group of 40 are potential buyers who do not have buyer’s agent and potential buyers who have a condo to sell. We can help both of those categories of potential buyers, and we will!!!

There’s enough business within that group to produce a few more transactions to our list of business. If you have one listing and provide an Open House Event for it, you may just create new business for yourself. 

It requires effort and a positive attitude which will be reflected within your marketing.  If your attitude is not positive, don’t waste your time.  If you want to create new business, do it with your existing business.  That’s the key and the bottom line of why agents should provide Open House Events.

My past team and my daughter’s present team are faithful Open House Event providers. 

We Provide Open House Events and Open House Events Provide Us With New Business. 

Posted by

 

 

Barbara Todaro, Great Grandmother to Caleb, Santino, Aiden and Gianni       

Todaro Team - Retired

508-918-9148

               

             Copyright © 2009 - 2021 Barbara Todaro

                               All Rights Reserved



 

Comments(91)

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Colleen Fischesser Northwest Property Shop I call it "marketing like you mean it"... an open house is a method of marketing a listing... and we market that open house event... we make it an event....

Jan 15, 2018 01:51 PM
Paul McFadden
Responsive Pest Control - Seattle, WA
Pest Control, Seattle, WA.

Good thoughts. It's funny. My busiest day of the week is Friday. Some people seem to slack then. To me, it's an opportunity!

Jan 15, 2018 05:38 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

You do a great job promoting your open houses. They are not as productive in my area as they used to be but hope to give them another shot in the spring market. Congrats on crossing over 4,000,000, Barbara.

Jan 15, 2018 07:54 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Create new business with existing business. Brilliant concept!

So proud of you for hitting the 4 Million. Thanks to Debbie Reynolds for mentioning you.

Jan 15, 2018 08:30 PM
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

Congratulations on hitting 4 million and already on to 5! 

Jan 15, 2018 11:28 PM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

As others have mentioned, I love the idea of a one-hour open house. Serious buyers will get there.

Jan 16, 2018 03:08 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Congratulations on your 4M points!

Jan 16, 2018 03:09 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Paul McFadden weekend business starts on friday for us.... 

Debbie Reynolds thank you... winters are tough for open houses but the true buyers come out no matter what the weather may be...no tire kickers in cold snowy weather...

Jan 16, 2018 03:34 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Margaret Rome, Baltimore Maryland sometimes the simplest of concepts are the most powerful... and thank you...

Debra Leisek thank you.... yes, I guess I have alot to say !!!

Kat Palmiotti and they do get there.... all of them!!

 

Jan 16, 2018 03:36 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

thanks Kat Palmiotti 

Jan 16, 2018 03:37 AM
Anonymous
Rose O'Reilly

Barbara you come up with great ideas consistently. Thanks for sharing.

Jan 16, 2018 08:58 AM
#82
Paul McFadden
Responsive Pest Control - Seattle, WA
Pest Control, Seattle, WA.

Of course Barbara. Plan..then execute!

Jan 16, 2018 09:15 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Paul McFadden that's how it's done.... singing to the choir...

Jan 16, 2018 09:23 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Totally agree Open Houses are a great "event", but you need a system in place to make them a success. Which you obviously do.

Jan 16, 2018 10:46 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Nick & Trudy Vandekar, 610-203-4543 we have systems in place....

Jan 16, 2018 10:56 AM
Paul McFadden
Responsive Pest Control - Seattle, WA
Pest Control, Seattle, WA.

It isn't rocket science, is it?

Jan 16, 2018 11:39 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

for some, it seems to be Paul McFadden 

Jan 16, 2018 12:04 PM
Mary Hutchison, SRES, ABR
Better Homes and Gardens Real Estate-Kansas City Homes - Kansas City, MO
Experienced Agent in Kansas City Metro area

Wow that is a lot of prep work!  I enjoy open houses--however sometimes the house goes under contract before I can do an open house.  Personally I would have the open house last longer than one hour though--I like to try and chat with those that go through.

Jan 16, 2018 01:59 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Mary Hutchison, SRES, ABR we do alot of preparation.... and the one hour is to get them there.... they must sign in and those who are serious about buying something will do that.... and those are the calls we make later in the day....at the open house, we only want to discuss the house....

Jan 16, 2018 02:08 PM
Jan Green - Scottsdale, AZ
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Definitely on my calendar for this weekend.  So true.   Swim in a small pond where ALL of the fish are!

Jan 16, 2018 09:30 PM