Broker's Open House?

Real Estate Agent with Long & Foster Avalon 0789718

I just acquired a listing that had been on the market for over a year with another agent.  One of my first steps when listing a property is to ask the owner if I may host a broker's open house.  I serve lunch and advertise in our local real estate exchange.  I also email or text agents as a reminder of the event.

I had an great turnout and most of the agents had not seen the property prior to attending my open house.  The feedback was constructive and conversations around the lunch table were informative.

My question is do most agents host broker's open houses in your area?  If so, do they ask a mortgage representative to attend or a title company to sponsor?  Are they well attended and is the feedback from other agents constructive?


Comments (3)

J Perrin Cornell
Coldwell Banker Cascade Real Estate - Wenatchee, WA

Every Wed is the day for "Brokers Opens" . The list of homes being held open is published the night before to the brokers. Brokers put out signs. If non-brokers drop in well and good. Usually no lunch though. Some brokers go in a group and some in one or twos. Sunday is the day for public opens. I would say about 80% of the brokers participate in one level or another over a month. 

Feb 07, 2015 11:54 PM
Michael Dagner
Brokers Guild Classic - Denver, CO
Your Denver Homes Realty Expert

Hi Marilyn, don't see as many broker opens these days with how the internet has changed up everything, and all the virtual info.  Glad yours was a success!

Feb 08, 2015 11:11 AM
Marilyn O'Donoghue
Long & Foster Avalon - Avalon, NJ

Perrin Cornell:  Glad to hear your area has good traffic flow to open houses.

Michael Dagner: I, too, agree the internet has changed our business so I was happy to see many agents join me for lunch!

Feb 08, 2015 08:06 PM