Hosting An Open House for Another Agent (9 Things To Know)

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If you're a new real estate agent, you may occasionally find yourself hosting an open house for another agent.
It's a common practice. Not every listing agent is able to host all their open houses, especially if they're a veteran agent and have a lot of listings.
But it can also be a little intimidating. If you want to do a great job, expand your own client base, and foster your relationships with other agents, there are certain ways you can prepare.
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Опубликовано:

9 авг 2022

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Комментарии : 127

@cathenido1624 8 месяцев назад

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@Richardklainney 8 месяцев назад

I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .

@johnathanochoa5710 Год назад

I'm located in San Antonio TX also ! I'm a new agent , I got a few deals already under my belt as a buyers agent. I'm hosting my first open house this Saturday! 🙌

@criticman9589 Год назад

Been a year, no deals. What can I do?

@nikolev3173 Год назад

Let's Go!!! Congratulations!!!!

@PamCross-ud9hz 11 месяцев назад

@@criticman9589have you tried door knocking? After only 3 weeks of being an agent that’s how I got my 1st listing

@TheGracianoRealtyGroup 9 месяцев назад

Im from Laredo, Tx. Send me your info. Now and then I get clients for San Antonio.

@glendysagastume5514 4 месяца назад

Thank you . Very nice tips😊 I wathed till the end

@KyleHandy 4 месяца назад

Thank you for watching the video Glendy.

@melissamireles3857 Год назад

Great presentation. Thank you Kyle.

@KyleHandy Год назад

My pleasure Melissa

@SuperMillie1969 9 месяцев назад

Thank you Kyle for this helpful video.I appreciate it❤️🙏🏻😇

@KyleHandy 8 месяцев назад

You're so welcome!

@TC-firstclasscloser Год назад

Careful placing OH signs, check with your local county ordinances for where you can place a sign 😊 #endcrew

@KyleHandy Год назад

Good advice!

@zaydamedina1475 Год назад

Really great info! Thanks, Kyke! (Were you the Moviefone voice? "If you know the name of the of the RU-vid video you want to see, press 1!")

@normamontoya3441 Год назад

This willl be my first open house for another Realtor 🎉

@KyleHandy Год назад

Hey Norma! Congratulations on your first open house for another Realtor! 🎉 That's a significant milestone, and I'm excited for you. Open houses provide a wonderful opportunity to showcase properties, connect with potential buyers, and build relationships within the real estate community. It's an exciting and dynamic experience that allows you to put your skills into action. As you prepare for your first open house, remember to: Familiarize yourself with the property: Take the time to thoroughly understand the features, highlights, and unique selling points of the property. This will allow you to confidently answer questions and provide valuable insights to potential buyers. Create an inviting atmosphere: Make sure the property is clean, well-staged, and welcoming. Pay attention to details such as lighting, scent, and overall presentation to create a positive first impression for visitors. Be prepared and organized: Have all the necessary documents, brochures, and marketing materials ready. This includes property information sheets, business cards, and any relevant market data or neighborhood insights that can help potential buyers make informed decisions. Engage with visitors: Greet each visitor warmly, initiate conversations, and be attentive to their needs. Ask questions, listen actively, and provide valuable information about the property and the surrounding area. Building a rapport with visitors can make a lasting impression and potentially lead to future opportunities. Follow up after the open house: Don't forget to collect contact information from interested parties and follow up with them afterward. Send a personalized email, provide additional details about the property if requested, and offer your assistance throughout their home-buying journey. Remember, every open house is a valuable learning experience. Take note of what works well and what can be improved, and continuously refine your approach to maximize your success. Wishing you a fantastic and fruitful first open house experience! Enjoy the process and embrace the opportunity to showcase your skills as a Realtor.

@beatrizweck6457 3 месяца назад

great tips thanks

@tasiawilliams2109 Год назад

I'm a new agent in San Antonio. I clicked subscribe THE second you said you're located in SA. Thanks for this info!

@KyleHandy Год назад

Awesome! Glad you enjoyed the video!

@victora1010 Год назад

If I'm hosting an open house for another agent and a buyer comes in wants to place an offer through me am I considered to be compensated as the buyers agent?

@KyleHandy 9 месяцев назад

In the scenario you described, it's crucial to understand how compensation works when you're hosting an open house for another agent and a buyer expresses interest in placing an offer through you. In many cases, if a buyer approaches you at an open house and wishes to work with you to place an offer, you may be entitled to compensation as the buyer's agent. However, it's essential to have a clear understanding of agency relationships and compensation arrangements, and to document them in writing to avoid any potential disputes. Additionally, always follow local laws and brokerage policies in these situations.

@justaskstu 10 месяцев назад

Another great video Kyle! Thanks!!

@KyleHandy 10 месяцев назад

Thanks for watching.

@YungMonty 7 месяцев назад

Hey question, can you host an open house for another agent. And use your own open house signs and have your phone number on it?

@ronniewb4034 2 месяца назад

Yes you can. It’s their listing but you are trying to get buyers or buyers who may have a home you can list for sell so they can buy that house you are doing an open house for.

@imanuellyjaya 4 месяца назад

Can we do open house for agents from different brokerage?

@ferdinandvelezjr Год назад

#EndCrew Thank you for the information.

@KyleHandy Год назад

Our pleasure Ferdinand

@lorarzepka7364 9 месяцев назад

Do you offer a class in San Antonio?

@victora1010 Год назад

Thank you kyle great video is there an app that you can recommend for comps something like putting in the address and loads the value of the home instead of doing it like zillow

@KyleHandy Год назад

NAR RPR. Realtor's property resource.

@FamilyDinnerDelights 8 месяцев назад

Brand new agent here! Am I allowed to show up to any open houses to try to prospect new clients?

@KyleHandy 7 месяцев назад

Absolutely! Attending open houses is a fantastic strategy for a new agent to prospect and build connections. It allows you to meet potential clients, showcase your knowledge, and network with other real estate professionals. Just be respectful and introduce yourself to the hosting agent if they're present. Express your interest in collaboration and building relationships. Attend with a genuine intention to learn and connect, and it can be a valuable opportunity for your career. Best of luck in your endeavors as a new agent!

@enginearproductions Год назад

So to be clear, we’re not selling the house, we’re just helping put eyes on it, in exchange for networking. Our hope is that we can be a buyers agent for the sale of said home that is open house?

@KyleHandy Год назад

That's correct!

@chadm7872 10 месяцев назад

#EndCrew. I’ve hosted about ten with little to no luck acquiring new clients. Bums me out! Hate selling myself to other people, convincing them that I’m there to help. Or they have buyer agen already!

@KyleHandy 9 месяцев назад

I'm sorry to hear that you've faced challenges in acquiring new clients through open houses, and I understand that self-promotion can sometimes be a daunting task. Here are a few suggestions that might help: 1. Focus on Providing Value 2. Build Relationships: 3. Differentiate Yourself 4. Expand Your Network 5. Follow Up 6. Patience 7. Embrace Your Authenticity Remember that not every open house will lead to an immediate client, but every interaction can contribute to your reputation and network. Continue refining

@chadm7872 9 месяцев назад

@@KyleHandy Great advice, thank you for responding. It just seems like many people visiting open house know that the agent there is looking for a commission. Like when someone meets a used car salesman on a car lot. I’ve decided to try mail marketing too, see how that goes

@dawnmageenovascotiarealtor Год назад

I like to host Live Open houses for my colleagues, especially the ones who aren't into doing video.

@KyleHandy Год назад

That's great!

@kavang4413 9 месяцев назад

#endcrew new agent here and this was lots of great info to get me off to a good start. Thank you Kyle.

@KyleHandy 9 месяцев назад

Glad it was helpful!

@michaelpatterson1096 Год назад

#endcrew Hey Kyle, I''m studying for the RE test in Maine. Thanks for the tips.

@KyleHandy Год назад

You can do it Michael. Thank you.

@chadm7872 10 месяцев назад

Thanks for the great video! I am hosting open houses for other agents, ( although, getting the 7-day and newer listings is tricky because many agents are either hosting them themselves or are very protective of their listings.), and I am getting some folks who are willing to sign up, and I feel as though I am building a rapport with them during the open house, but I am not getting any clients from these contacts! I know that I am probably wanting instant gratification, but it's frustrating! Is it just a fact that you get one client from endless hostings of open houses?

@KyleHandy 9 месяцев назад

Thank you for sharing your experience, and I understand your frustration. Building a client base through open houses can be a bit challenging, and it often takes time and persistence. Here are a few tips that might help improve your results: 1. Follow Up 2. Provide Value: 3. Consistency: 4. Expand Your Network 5. Ask for Referrals Remember that real estate is often a long-term game, and it's not uncommon for the results to take time to materialize. Keep honing your skills, refining your approach, and consistently following up with leads, and you'll likely see better outcomes over time.

@4RealtyTalk 4 месяца назад

Thank you so much Kyle! #ENDCREW

@KyleHandy 4 месяца назад

You're welcome and thank you for watching the video.

@coachryanharper Год назад

Great advice! Always pay attention to everyone in there I couldn't agree more Defiantly see more of the low key people turning into great clients

@KyleHandy Год назад

Glad you enjoyed!

@acephotography2047 10 месяцев назад

how do I market to other real-estate agents to allow me to host open houses?

@KyleHandy 9 месяцев назад

Marketing yourself to other real estate agents for hosting open houses involves establishing a strong professional presence and demonstrating your value. Here are steps you can take: 1. Build a Professional Online Presence: C 2. Highlight Your Hosting Expertise 3. Offer to Assist 4. Networking 5. Industry Groups 6. Cold Outreach 7. Showcase Past Success 8. Offer to Cover Training 9. Attend Brokerage Meetings: I Remember that building relationships with other agents takes time, and persistence is key. Be professional, responsive, and reliable, and always deliver on your commitments. By consistently providing value and demonstrating your hosting expertise, you'll increase your chances of securing opportunities to host open houses for fellow real estate professionals.

@aleesut Год назад

#endcrew 👏

@KyleHandy Год назад

💪

@justaskstu 10 месяцев назад

Awesome stuff!! I do a lot of open houses in baltimore but I got a lot of good tips here. Thank you!!

@KyleHandy 9 месяцев назад

I'm so glad to hear that you found the tips helpful, especially as someone who hosts open houses in Baltimore! Your positive feedback is greatly appreciated, and I'm here to provide more valuable insights and tips whenever you need them. If you have any specific questions or topics you'd like to explore further, please feel free to share. Best of luck with your open houses and your real estate endeavors in Baltimore!

@missshellie5478 Год назад

Honestly I don’t like hosting more than 2 Open Houses a month for my team. It’s a waste of my Saturday and time consuming with no compensation. It’s very rare that you pick up clients. However it’s a part of The process of learning but it really shouldn’t be Expected that buyers Agents host OH for free. If an Agent will pay another Agent to show a home , why do they think differently for Open Houses?

@KyleHandy 9 месяцев назад

Your perspective on hosting open houses and the importance of fair compensation is both valid and resonates with many real estate professionals. Balancing the time and effort spent hosting open houses with the potential benefits is a common consideration. Ultimately, the decision to host open houses, how frequently to do so, and whether compensation is involved should align with your business goals and values. It's important to have clear discussions with your team, brokerage, and clients to establish a strategy that works for all parties involved.

@KyleHandy Год назад

My favorite FREE Open House Marketing Platform: kyleh.link/curbhero

@ChrisMolenaar Год назад

kyle did you host a lot of open houses when you first started?

@KyleHandy Год назад

Somewhat. Technically, everyday. I started in new home sales, working in a model home. treated it like an open house all the time. But in general real estate yes, I did as well. But more like once a week.

@user-ty3fi3wx7m Год назад

Are we able to ask to host an open house for another listing agent/brokerage? Or does it have to be only our brokerage?

@luckyandblessed Год назад

Ask your broker. It depends.

@vanessawilson4032 Год назад

#endcrew❤

@KyleHandy Год назад

Thank you Vanessa

@cathylumsden8439 Год назад

# end crew

@KyleHandy Год назад

Thank you Cathy

@kparthasarathy5792 10 месяцев назад

Kyle I am from India I am planning to join with Exp India, a subsidiary of Exp World on a part time basis. Can I partner with you.

@KyleHandy 9 месяцев назад

I appreciate your interest in partnering with me. If you have specific questions or need guidance related to the real estate industry, Exp India, or any other related topics, please feel free to ask, and I'll do my best to provide valuable information and support. Good luck with your part-time real estate endeavors!

@princessadesile1720 Год назад

#endcrew

@PRISCILLADickerson Год назад

#crew

@KyleHandy Год назад

Awesome Priscilla and thank you

@BradDelaney Год назад

Kyle, fellow eXp agent here! I've found your content to be very helpful and will be reaching out to learn more about what it means to partner with you. Thanks for the great content! #EndCrew

@KyleHandy 9 месяцев назад

Hello fellow Brad! I'm glad to hear that you've found my content helpful, and I appreciate your positive feedback. Feel free to reach out anytime if you have questions or if you'd like to discuss partnering or collaborating on any real estate-related projects. I'm here to assist and support you in your real estate journey. Best of luck with your endeavors at eXp Realty!

@kkdean6 Год назад

#Endcrew

@KyleHandy Год назад

Thanks kkdean6!

@ebonytoles2007 Год назад

#endcrew watched the video twice

@KyleHandy Год назад

💪

@kimberlymcneill9739 9 месяцев назад

I’m doing my first open house today for another agent with EXP and I’m so excited! 🎉🎉🎉

@KyleHandy 9 месяцев назад

That's fantastic to hear that you're excited about your first open house with EXP! Open houses are a great opportunity to showcase a property, connect with potential buyers, and network with other agents and professionals in the real estate industry.

@sthunyamathunyane1184 Год назад

#AndyCrew

@KyleHandy Год назад

Thank you for watching the video.

@user-jy6hf5od6w 3 месяца назад

Trying to sell your course 😂

@Jose-bm9ql Год назад

#endcrew new agent in Charlotte NC

@KyleHandy 11 месяцев назад

That's nice Jose and thank you for watching the video

@LIVINGINATL770 4 месяца назад

END CREW!

@KyleHandy 3 месяца назад

Thank you for watching Christa.

@emaye7121 10 месяцев назад

#EndCREW

@KyleHandy 10 месяцев назад

Thank you Emaye

@lifehousehomebuyers4847 Год назад

#endcrew Thanks for the video, I was told doing open houses would be one of the quickest ways to get a deal, that's why I was searching YT for content on best practices.

@KyleHandy 9 месяцев назад

You're very welcome! Open houses can indeed be an effective way to connect with potential clients and secure deals in real estate. They provide an opportunity to meet and engage with prospective buyers and sellers, showcase your expertise, and build valuable relationships. Open houses can be a dynamic and productive part of your real estate strategy, helping you connect with both buyers and sellers. With the right approach, they can indeed lead to valuable deals. Good luck, and I hope you find much success in your open house endeavors!

@john9inc809 Год назад

#EndCrew

@KyleHandy Год назад

Thank you John

@michellegruner6570 4 месяца назад

#ENDCREW

@KyleHandy 3 месяца назад

Thank you Michelle.

@user-ke9yk5qp3u 3 месяца назад

This is why, as a homeowner, I never allow a real estate agent to do an open house with my home. The chances of the open house leading to the sale of my home are actually quite low. The real estate agent is doing it for selfish purposes which is essentially free marketing and trying to find new clients. If you're a homeowner, don't let them do this! Either that or give them 1/2 of 1% for selling your home! I never pay buyers commission anymore either! 😂😂😂😂😂😂😂

@morganbarber5009 6 дней назад

The misconception that the seller pays the buyers commission is of ignorant bliss. The buyer is the one bringing ALL of the money to the table. Without a buyer you have no money to even pay your own agent.

@starfoxx5862 6 месяцев назад

I appreciate the content. However, your constant rocking back and forth and excessive movement made me dizzy.

@KyleHandy 6 месяцев назад

I appreciate your feedback, and I apologize for any discomfort caused by the excessive movement. I'll be more mindful of this in future videos to ensure a smoother viewing experience. If you have any other suggestions or specific topics you'd like me to cover, feel free to let me know. Your input helps me improve, and I value your viewership. Thank you for bringing this to my attention!