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Old 02-13-2007, 01:47 PM
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Default Do you attend brokers opens (Open Houses)

Just curious to know if anyone attends these or holds them?

I've held a few but it never sold a house. It is however a good way to get to know some of the local agents.

In our market the majority of them are held on Wednesdays after the weekly sales meetings.

Does anyone have any opinions on them pro or con?
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Old 02-13-2007, 02:13 PM
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Default Re: Do you attend brokers opens (Open Houses)

Broker open (tours) are every Tues & Thurs morning in the SW part of Calgary, and they afford new listings a ton of traffic. Meet new agents, *often* get good feedback.

I always put new listings on the brokers tour ....
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Old 02-13-2007, 05:18 PM
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Default Re: Do you attend brokers opens (Open Houses)

Tuesday and Wednesday here.. yes, I hold brokers opens. All about exposure.
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Old 02-13-2007, 06:32 PM
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Default Re: Do you attend brokers opens (Open Houses)

Every Wednesday 9:30 am - 1:30 pm after we all meet to pitch the properties at 8:00 am. We always offer a catered lunch and we will get anywhere from 40-60 agents through. Great exposure and makes a seller very happy.
Great for networking as well.
We always put our new listings on Broker open and always pitch them at the meeting. Those who don't pitch do not get the turnout.

Last edited by OCTeam; 02-13-2007 at 06:34 PM.
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Old 02-14-2007, 07:18 AM
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Default Re: Do you attend brokers opens (Open Houses)

At first when I was a broke and hungry agent, it was a good way to get a nice free lunch, as many of the agents would serve some great food. Later it became a good way to network. When I held one myself, I always asked for agents' feedback on the back of their card about the price. This helped if the listing was overpriced.
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Old 02-19-2007, 09:10 PM
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Default Re: Do you attend brokers opens (Open Houses)

My goal is to bring in at least 100 agents on my own Broker Tours. Shrimp from Costco does the trick as well as my sparkling personality Everytime, one of these agents ended up selling the home.

I am religious about touring other listings. I need to have the pulse, see the competition and prefer to not rely upon MLS remarks. This is also a tremendous opportunity for networking and getting the buzz on any given properties.
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Old 02-19-2007, 09:38 PM
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Default Re: Do you attend brokers opens (Open Houses)

Ours are held Tuesday thru Friday and I go to support agents and to learn about the inventory. The free lunch isn't bad either.
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Old 02-19-2007, 09:47 PM
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Default Re: Do you attend brokers opens (Open Houses)

On the topic of Broker Tours, one of the things that is becoming an issue in my area is the "lock-box tour". There is no agent hosting, no food, rarely a flyer or anything else. It's a let yourself in the door and throw your business card on the counter, thing.

If the listing agent can't be bothered to market the listing to its peers, they don't deserve the listing, in my book.

I do realize that different areas have different customs and I do not mean to step on toes, if this is the custom in your area.
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Old 02-19-2007, 10:27 PM
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Default Re: Do you attend brokers opens (Open Houses)

I always go for the free food
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Old 02-20-2007, 05:09 AM
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Default Re: Do you attend brokers opens (Open Houses)

Free food and cash giveaways. I won $300 on the very first brokers open tour I went on. Around here cash giveaways are pretty common. Tomorrow we have an agent advertising a chance to win $500 cash if you visit 6 different homes and drop a business card at each.
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