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Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Debbie,

A well trained newbie is an asset, and untrained one is a liability.  A

Mar 11, 2015 05:52 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

The only draw back is if the agent doesn't live up to what your client believes you are.  A neighbor comes and looks, sees the agent doing something or saying something not right and tells your seller.  You then get the call and ou get the picture.  I have let new agents do opens, but they get a talk before as to what is expected.

Mar 11, 2015 05:47 AM
Rainer
273,237
Richard Robibero, e-Pro, ABR, SRS
Panorama R.E. Limited - Toronto, ON
Selling Your Home as if it were My Own!

Debbie Reynolds ... I'm not telling you anything you don't already know, but I can't count the number of times I've accompanied a Buyer to an open house in which they were initially interested, but then be completely turned off by the actions of the agent conducting the open house.

 

Mar 11, 2015 04:09 AM
Rainmaker
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Debbie -- I prefer to hold my own Open House events.  It's my job and obligation to the seller to best market the property and not to sound boastful -- I do a great job.   I'm not so sure if an agent who is not the listing agent is going to feel the exact same way.  

Listings are at such a premium in my market -- I know this is not the case in every area so I do understand your question.   If you do select another agent to hold it open -- proper open house hosting protocol and knowledge of the property are most important.

 

 

Mar 11, 2015 04:18 AM
Rainmaker
969,888
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

If I would do Open House I would prefer to be there myself.

Mar 11, 2015 04:10 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Good ideas Richard Robibero, ABR, SRS and Jill Murty, Realtor. They would need training to be sure they present themselves well and know how to show the property's features.  

Mar 11, 2015 03:59 AM
Rainmaker
443,220
Cindy Davis
SD Home Source Realty - San Diego, CA

Giving newbies a chance to do open houses is wonderful!  Just make sure they know what they're doing!

Mar 11, 2015 03:57 AM
Rainer
273,237
Richard Robibero, e-Pro, ABR, SRS
Panorama R.E. Limited - Toronto, ON
Selling Your Home as if it were My Own!

Not at all. I know agents who love doing open houses if there's nothing else on their plate. Just make sure they know what they're doing.

Mar 11, 2015 03:53 AM
Rainmaker
400,356
Jill Murty, Realtor - Orange County, CA
Movoto - Laguna Niguel, CA

As long as you train the agents in how you want your open house conducted, I don't see drawbacks as long as each seller is okay that you are not there personally.

Then, I'd advertise the heck out of those open houses to get prospective buyers to tour all of your listings.

Mar 11, 2015 03:50 AM
Ambassador
6,393,404
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

As long as your clients are okay with this.

Dec 10, 2019 09:19 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Always a good idea to encourage new agents in your office/brokerage.

Aug 27, 2018 10:27 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I was able to talk one seller into waiting. Yay! The other was wanting to get started but I will get the repairs done quickly and it probably will not hurt, much.

Mar 21, 2015 12:46 PM
Rainer
44,353
Amy Lopez
Clarksville Property Solutions LLC - Clarksville, TN
Clarksville Property Solutions Founder

If the agent is trained and you have shown them or they have watched you do it, give it a try. It could work out for both of you.

Mar 12, 2015 01:28 PM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Like others who have commented I am cautious about what agent holds the open house. And I give them the talking points so they are well prepared.

Mar 11, 2015 02:42 PM
Rainer
3,400
Stephen Foster
San Antonio, TX

If they aren't capable of handling an open house then they shouldn't be working for you.

Mar 11, 2015 02:19 PM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

It's a good way for them to learn a one-on-one conversation in a relaxed atmosphere.  No drawbacks here.

Mar 11, 2015 12:31 PM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I always clear it with sellers, but it can be good on the job training.

Mar 11, 2015 10:00 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

It depends on what you see to be the role you play in this opportunity.

If you see yourself as a molder of minds, a teacher, a guide, a stimulus for vision, a mentor to whom those who can be taught turn towards, this is your moment!

Or you can be the one who creates the opportunity for newbies to start bad habits of which others must eventually break them.

This is your moment to teach that an open house is neither a goal or a objective, but a tool to be applied to the right problem at the right time.

This is your moment to teach the purpose(s) to which a open house should and could be directed. Those proposes are:

1. Get listings
2. Get buyers
3. Create lists
4. Sell THAT house

Attempting to do all four will result in doing none.

Each of these four purposes are accomplished through different strategies and the creation of highly specific 'self select' mechanisms directed to the visitor.

What is the draw back? You can perpetuate bad open house practices in newbies.

What's the glory? Knowing you enabled teachable agents how to create the greatest benefit from their investment of time, resources and intellect.

Mar 11, 2015 08:49 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think this could be a win win situation for your sellers and you, Debbie. Provided the new agents are coached as to how to handle the open houses.

Mar 11, 2015 06:58 AM
Rainmaker
2,759,871
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Good training for new agents and good coverage for your seller clients.

Mar 11, 2015 06:00 AM
Rainmaker
4,333,761
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

I used to have other Associates help us out with Open Houses we couldn't attend, until a seller told me she didn't like the other agent.

Mar 11, 2015 05:58 AM