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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

yes, it is very valuable.  My lender closed more buyers than I did from open houses.  Can only sell a home to one buyer ... but all the other buyers still need a loan. It is a great opportunity for the lender to get business. It is also great for buyers to have on-site lending resource.

Jan 28, 2015 07:20 AM
Rainmaker
4,433,483
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

It is always helpful to have someone with you at an open house.

Jan 28, 2015 11:10 PM
Rainmaker
3,296,977
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

YES, but fior it to work well you need to be in a high traffic location, i find my for new construction listings it is a great plus. 

Jan 28, 2015 09:08 PM
Rainmaker
1,135,987
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I have lender helping me to host open houses so they get some mortgage leads.

Jan 28, 2015 01:07 PM
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I have done this. It was great to have the company, because no one showed up for the open house. They aren't very popular in my market. If open houses did draw more attention, I would think it would be great to have a lender on hand. 

Jan 28, 2015 12:42 PM
Rainmaker
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Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Yes, I have had them there, and other than having company to talk to when there were no values, no.  I have not ever had a buyer want to get pre qualified or even ask them questions.

Jan 28, 2015 12:40 PM
Rainmaker
336,437
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

I typically don't get enough traffic to warrant two people at a time, but I do have lenders host open houses for me on vacant and new homes.  They like the leads they get and they call me if a buyer looks interested and I pop by to take over from there.

Jan 28, 2015 11:25 AM
Ambassador
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Yes I do and like to advertise that I am offering that to buyers. It does help bring in more people to the open house. As a secondary benefit, it is great company.

Jan 28, 2015 10:55 AM
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Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

I have had mortgage people at several open houses, and it was helpful and it made the clients who were first timers pretty sure about their situations and helped us both....this was mainly new construction, however.

Jan 28, 2015 06:02 AM
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, I've done this in the past.  And having any extra set of eyes around at busy open houses is always a plus.

Jan 28, 2015 05:53 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Not something that we have tried so far.

Sep 23, 2019 10:39 PM
Rainmaker
2,062,259
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

I think it is a good idea to do it/

Jun 17, 2019 06:03 PM
Rainmaker
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Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Interesting question and answers. 

Jun 17, 2019 05:57 PM
Rainer
279,648
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

Yes.

Jun 08, 2018 10:55 PM
Rainmaker
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Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Yes.

Jan 27, 2018 08:43 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

oh yes, but very few times.

Jun 09, 2017 11:47 PM
Rainer
126,514
Mike Tizzano
Amerifirst Financial, Inc Equal Housing Oppurtinity Lender AZ BK0013635 NMLS 145368 LO:1015837 - Mesa, AZ
Protect Your Transaction Certified Lender

This is an interesting topic. I've yet to do this or even offer to do it but have given it consideration.  It seems by the answers I've read here that it really depends on the agents.  I'd say so far it's about 50/50 for people saying it's valuable.  I'm the type that if I'm doing something like this I'd want it to be as much a benefit to them as it is to me.  I know the exposure to potential buyers is great for me but I'd want to know that my presence brought some value to the agent that's hosting the open house. 

Jan 28, 2015 01:02 PM
Rainmaker
3,985,771
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have not and I really don't see any benefit.  The vast majority of my clients come in pre-approved or are going to work with their bank.

Jan 28, 2015 06:43 AM
Rainmaker
831,528
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I've tried it. Mostly it was a waste of time. The serious buyers already had a lender, the rest were usually window shopping.

Jan 28, 2015 06:31 AM
Rainmaker
379,089
Cindy Davis
SD Home Source Realty - San Diego, CA

I did this a long time ago. Did I see value in it?  Not really. The lender is there to nab their own prospects, whether or not they are interested in your listing.

Jan 28, 2015 04:51 AM