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CARAVANS and MLS MEETINGS....How Important are They?

Our area has several different Caravan days. We call them "up the hill" and "down the hill," due to the elevation in the foothills. We also have our own company meetings and caravan days for our office listings. The MAIN MLS meeting and Caravan day is Tuesday...TODAY!

Now I realise that most people don't want to get up early and take off their warm and fussy  jammies just to go to some meeting and listen to a bunch of Realtors tout their listings. We'd rather be cuddled up in our recliner with a cup of Java, reading the morning paper. I WOULD, I know. 

But, on these mornings, I ever so reluctantly,  sip a quick cup of coffee, shower, put on my face, comb my hair and head out the door. For me, I've made it a life-long Realtor habit of going to MLS meetings and TO caravan listings. Here's how I feel ABOUT the process:

  • You learn of any new changes within the MLS board and  other local real estate activity
  • Hear about new listings before they hit the MLS--and may have a client JUST right for that listing
  • Get to promote any new listing/s you may have or may be getting.
  • Promote a price reduction on a listing or changes in a listing
  • Ask for help from other fellow Realtors, for instance, "I have  buyer who is looking for such and such...
  • NETWORKING
  • Caravaning helps you to learn the inventory, first hand, and sometimes homes don't always look that great on the MLS--seeing first hand could make the difference.
  • NETWORKING
  • Caravans helps you learn the area if you're a newbie.
  • NETWORKING
  • YOUR CLIENTS WILL APPRREICATE IT

 WHAT ARE YOUR VIEWS ON CARAVANS? ARE THEY  IMPORTANT TO YOU?      

  (I wrote about touring long ago, but thought it was worth repeating--this is NOT the same post)

 

 

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Comment balloon 10 commentsKat DeLong • July 24 2007 01:23PM

Comments

Unfortunately, weekly tours of Broker's Opens have lost their value in our immediate area.
Posted by Rich Jacobson, Your Kitsap County WA Real Estate Broker (Fathom Realty West Sound) over 10 years ago
I think that such behind the scenes networking within the local Real Estate community is becoming a lost art.  Too many agents nowadays seem to only think about online exposure.  If you are fortunate to belong to a group that brings heavy hitters together, more business can be conducted in one morning than in the remaining 6 days of the week.  Not only can you push the listings that are readily accessible on the MLS, but more importantly, upcoming listings, buyer needs, industry scuttlebutt, etc.  The tours expose agents to listings that they might not have previously considered for one of their buyers (slightly out of area, 3 bedroom + den instead of true 4 bedroom, etc).  The feedback on pricing and condition can be invaluable as well.  If a dynamic tour group with solid turnout is available, it's pure slothfulness not to take part.
Posted by Paul Slaybaugh, Scottsdale, AZ Real Estate (Realty Executives) over 10 years ago

Caravans are an excellent way to get to know the available inventory.  Here on Fort Myers Beach, Fl we have a wide diversity of building types, many times intermixed.  Also, many times within a particular building there will be differing floor plans and views.  When I have an open slot in my schedule I sometimes go view listings not available on caravan.  So, yes, very important.

Posted by Bill Gillhespy, Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos (16 Sunview Blvd) over 10 years ago

Rich: That's to bad.... in my opinion, I think they have more value than not. 

Paul: I so agree.  We hear and learn so much from, as you say, behind the scenes...

Bill: Exactly---learning the inventory is key to this business--and a big benefit when a new client calls.

 

THANK YOU ALL!

Posted by Kat DeLong, Realtor DRE#01235311, Lake Arrowhead Real Estate ( (Wheeler Steffen Sotheby's Int. Realty) over 10 years ago
The firsthand experience of actually touring a listing rather than a compromised virtual view will enable you to describe details that will simply never exist on line. Well, I shouldn't say never but certainly visual nuances are either hidden or left out frequently.
Posted by Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty) over 10 years ago
We caravan our office on monday's its a great time to see the new listings. It enables you to talk about the property with knowledge.
Posted by Vicki Bishop GRI - Alabama Real Estate (Coldwell Banker United Realtors®) over 10 years ago
Vicki: ABSOLUTELY!   Thank you for commenting.
Posted by Kat DeLong, Realtor DRE#01235311, Lake Arrowhead Real Estate ( (Wheeler Steffen Sotheby's Int. Realty) over 10 years ago
Kevin: I couldn't agree more. It has been a HUGE help in my business.  My clients (buyers) always know which day tour is and can't wait til I get back to tell them if there was anything they'd like...  Thank you for stopping in
Posted by Kat DeLong, Realtor DRE#01235311, Lake Arrowhead Real Estate ( (Wheeler Steffen Sotheby's Int. Realty) over 10 years ago
I definitely agree with you Kathy... the networking makes it important if nothing else.  Also, I am not originally from my market area so it helps me learn the city so much better.  I have found that clients just absolutely love it.  Additionally, our citywide caravan choose a home of the week each week that gets a full color spread in the Sunday paper.  A coveted prize that every home owner would love to claim.
Posted by Kimberly Grant, Real Estate Agent - Huntsville Alabama (Exit Leon Crawford Realty) over 10 years ago

Kimberly: EXACTLY, networking is so important. And when new to an area, this is one of the BEST ways to get familiar.   In fact, today is my 2nd tour this week (we actually have 3 we can go to--up the hill, down the hill, office tour) and I road with Realtors from another office. We discussed this very issue.  

Also, I saw a home I KNOW will be perfect for one of my buyers. I hope. LOL

Thanks for stopping by.

Posted by Kat DeLong, Realtor DRE#01235311, Lake Arrowhead Real Estate ( (Wheeler Steffen Sotheby's Int. Realty) over 10 years ago

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