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Getting leads. Which works best? Open house or internet posts?

By
Real Estate Agent with Alain Pinel BRE 01367196

Another REALTOR, Kirk, and I were discussing the benefits of internet exposure via blogs, posts, etc. as opposed to doing open houses. Mind you, we're located in Alameda, CA, and we have very active open houses. It helps that Alameda is a small island, and it's easy for people to go from one open house to another.

Open houses open doors to new clients

Kirk is very high-tech oriented and likes working with income property investors. He had his own blogs for two years, and he writes beautifully. So I was prodding him to start blogging on Active Rain. I was surprised when he told me that even though he has spent an inordinate amount of time writing and blogging, his best sources of clients have been open houses!

Open house for Fixers draw the biggest crowds

He told me that a fixer upper duplex he held open was literally a gold mine for leads. Even when he didn't have a listing of his own, he offered to hold open houses for other agents in the office. For the first half of the year, Kirk was among the top producers (and so was I, by the way). And this month, he has a number of pending sales and other clients in the line-up. His primary source of clients? Open house!

Open house or blogging? Do both!

I must admit that I love doing open houses as well. However, my position is that we should supplement that with internet exposure ---- for example, I've had really good luck posting my listings and open houses on craigslist. And lately, I've started posting my listings on ActiveRain's MLS. Recently, I benefited by getting a new listing as a result of my ActiveRain exposure (Yeeha!).

What do other agents propose as the best way to develop a client base?

Comments(13)

Travis Newton
Salem and Bend Oregon FHA, VA & USDA 503.931.4490 - Salem, OR
FHA, USDA, VA, LOAN EXPERT - Salem OR Homes For Heroes SALEM OREGON

I think they both work well....

 

If marketed well, the open house would bring in the mroe qualified borrowers I would think.

Aug 03, 2008 07:10 AM
Christina Moock
Cutler Real Estate - Canton, OH
REALTOR - Cutler Real Estate

I agree, I think both work well. 

Aug 03, 2008 07:21 AM
Bob & Carolin Benjamin
Benjamin Realty LLC - Gold Canyon, AZ
East Phoenix Arizona Homes

Internet posts. Open houses are not working well at this time in Arizona.

Aug 03, 2008 10:33 AM
Rodney Barnes
Essential Properties Inc - Goodyear, AZ
Real Estate

Pacita, I agree with Bob and Carolin. Internet posts are attracting the buyers in today's AZ maket.

Aug 07, 2008 08:51 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I think a combination of both is a good idea. You never know where the next buyer will come from.

Aug 07, 2008 11:56 PM
Diane Bell, Hilton Head Real Estate, Bluffton
Charter 1 Real Estate, Hilton Head, Bluffton, SC - Hilton Head Island, SC

It's a good idea to be as multi faceted as possible. Do both--it can't hurt and since you enjoy open houses (which I loathe), I suggest you continue.  Can't hurt.

Aug 07, 2008 11:57 PM
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

Thanks, all!

I do agree --- we have to employ both marketing media to get maximum exposure. Since open houses are a good way to showcase our listings (and us), we will continue to do it for the soft touch, and then do blogging for the high touch.

We had Brad Andersohn at our office recently, and he gave us some really good tips on blogging. I've invited several of my co-realtors to join ActiveRain, and some of them accepted.

Next week, we're having a short training session on blogging tips. It will be made abundantly clear just how important internet presence would be.

At the same time, we are all ramping up our open house marketing skills ---- what kind of info to provide to people who seek us out (via craigslist), drop bys, etc. Generally, many of us from our office provide lists of open houses for the weekend, colorful maps, copies of our local magazine, info on school districts, etc. It's still a very active market in Alameda, albeit prices have come down nearly to 2003 levels.

 

 

Aug 10, 2008 05:06 AM
Carole Lhuillier
Keller Williams Realty SunCoast - Saint Pete Beach, FL
Our Home Team SunCoast

I agree with you.  We believe in pursuing all avenues to reach both buyers and sellers.  You never know what approach will be more successful on any particular day.

Good luck to you,

Carole Lhuillier

Keller Williams Realty

Aug 10, 2008 07:18 AM
Julie Beall
Irongate Realtors - Springboro, OH
CRS

I do not like open houses but after your psot I am going to try them again. Thanks

Dec 18, 2008 01:43 PM
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

Julie --- check out the Open house group on Active Rain http://activerain.com/groups/openhouses

You'll see other believers there, along with lots of ideas on holding open house.

Good luck!

Dec 18, 2008 03:44 PM
Mary Strang
Viroqua, WI

I will have to look up your city to see where you are and it does sound wonderful! I haven't post any on the AR MLS, will give it a try.

Dec 24, 2008 08:33 AM
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

Mary --- I do love my city. Here's my blog on Discover Alameda -- an island city on San Francisco Bay. Thanks for stopping by.

Here's wishing you a happy and prosperous new year!

Dec 25, 2008 05:09 AM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Leads are the fuel for tomorrow’s transactions. In quiet months, use your time to prospect, follow-up and build a pipeline for future sales. Since your post, we significantly moved our business online. OH are not even close by results. 

Sep 12, 2016 12:44 PM
Pacita Dimacali

Irina -- that post was 8 years ago ....I'd say times have changed :)

Sep 12, 2016 01:09 PM