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Rainmaker
4,500,546
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

My thoughts? Pass on this incredible opportunity. People in malls are not shopping for homes.

Dec 19, 2017 05:29 AM
Rainmaker
946,591
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Oh boy, not here. Our outlet center is a ghost town. Maybe in a big metro area with a busy mall. I can think of a lot better use of time energy and money, than being where you're only going to attract shoppers.

Dec 19, 2017 06:06 AM
Rainmaker
1,231,605
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Bye, Bye.  Won't last as long as the lease.

Dec 19, 2017 10:00 AM
Ambassador
2,609,268
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     My first Broker rented mall space in 1985, right in the middle of the food court, back when malls were happening places.     

      There was no ROI, none of the agents wanted "floor duty" there, so the Broker dropped it.

Dec 19, 2017 09:14 AM
Ambassador
4,567,098
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

We have one at the Chamber of Commerce and it really hasn't been all that 'productive!'

Dec 19, 2017 05:26 AM
Rainmaker
508,854
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Not for me.  I think people go to the mall to shop for clothes etc.  It works for some companies selling time share. Of course, they promote that you can  win a car, free vacation etc.

Dec 19, 2017 11:25 AM
Rainmaker
946,023
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

IMO roll the dice - what works for one does not necessarily work for another and vice versa - if the investment is reasonable, I would try it for 90 days (30-60 IMO is not enough to judge)

Dec 19, 2017 07:05 AM
Rainmaker
1,767,546
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

oh hell no! There was a CB that had an office at the mall in the Sears store. Did not go over well, they moved out. Really bad 1980's idea. 

Who is going to man that thing? Another thing - check the costs for those kiosks.

I remember when Kmart was rumored to buy my company. I left because I didn't want to work blue-light specials at the mall. Have been at RM ever since where we don't 'do malls'. 

Dec 19, 2017 05:32 AM
Rainmaker
870,828
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

No thanks. My guess it would cost more in time and money than it's worth.

Dec 19, 2017 05:28 AM
Rainmaker
916,348
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

If the mall parking lot consistenly shows out of state license plates, a kiosk could be a great idea.

If its a community mall, then you need 'SOMETHING.'

I've seen 4 Kiosks turn to vapors by different brokers at the mall.  The were all displaying listings. The public made it clear they already have access to listing. 

Dec 19, 2017 05:24 AM
Rainmaker
3,070,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

I've seen them here...long ago...not any more...

Dec 19, 2017 05:23 AM
Rainmaker
2,160,814
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Dec 19, 2017 10:54 AM
Ambassador
3,161,686
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

The thought makes my skin crawl. 

Dec 19, 2017 09:57 AM
Ambassador
4,745,875
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I suspect it would be a waste of time and money.

Dec 19, 2017 08:10 AM
Rainmaker
538,894
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

If it worked there would be Realtor kiosks in every mall.

Dec 19, 2017 07:59 AM
Ambassador
5,760,023
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

If you have good staff there then I am sure that it will be valuable.

Dec 19, 2017 02:57 PM
Rainmaker
709,843
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

I've seen it done at the Mall here in Danbury, CT. That's a mid sized mall that draws both CT & NY residents being it is on the border. It has to grab some visitors by pure volume alone. 

Dec 19, 2017 01:22 PM
Rainmaker
609,800
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

That is how I met the agent who represented me on my initial local real estate purchase 30 years ago.

Dec 19, 2017 12:23 PM
Rainmaker
3,385,442
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

A long time ago we did, we had pictures of listings, a give away box and it was fun, alot of work and time and then the price was up and up and up and it was no longer cost effective

Dec 19, 2017 11:52 AM
Rainmaker
808,903
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Given I avoid malls like the plague I would never do it. That is just me though :-) Kasey

Dec 19, 2017 09:51 AM
Rainmaker
711,944
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

I have seen them around, many years ago... don't know if that would be a good approach or not. Don't know if consumers find the mall a good location to find, buy a home in a mall kiosk.

Dec 19, 2017 07:32 AM
Rainmaker
577,339
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

Don't think it would get much business. besides that you would have to have someone at the Kiosk manning he booth for the hours the mall was open... probably 12 hours or so.... 

Dec 19, 2017 06:48 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It's not for me, but your results may vary.

Dec 19, 2017 06:23 AM
Rainmaker
4,357,438
Richard Weeks
Dallas, TX
REALTOR®, Broker

Waste of time and money

Dec 19, 2017 05:23 AM
Ambassador
3,989,100
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

My first office and real estate company (circa 1999) had a kiosk at the mall and that was quite profitable but it also was before the internet took off.....

Dec 19, 2017 07:29 PM
Rainmaker
5,767,876
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Karen,

There is one in the Oaks Mall in Thousand Oaks, CA.  She has had that kiosk, just fliers for many years now.  I think they are good for name recognition.  This agent does very well in her area and regularly makes the Wall Street top agent list.  

Does te kosk do it for her?  I don't think so.  I just think, she is very very good at what she does.  A

Dec 19, 2017 10:05 AM
Rainmaker
612,606
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

Is someone so desperate?

Who is going to be the on site real estate agent?....after all if anyone happens to stop they will want to see pictures, ask questions and get advice.

  • Hire someone licensed for 12 hours a day 7 days a week? to sit and wait?
  • What about the rent?  Who rents by the day or month?...no one.  So is that an annual lease plus security?
  • What if someone claims to be "hot to trot" and wants to see it now?  Do you lock it up and go?

Everything about this is a bad idea...

Eve

Dec 19, 2017 09:01 AM
Rainmaker
1,184,672
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Should be sponsored by the broker with realtor using it as floor time.

Great idea. Probably costs 10K a month.

Dec 19, 2017 08:34 AM
Rainmaker
1,708,245
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Personally I would rather retire.

Dec 19, 2017 06:54 AM
Ambassador
1,877,175
Alan May
Jameson Sotheby's International Realty - Evanston, IL
A moving experience!

Will I be able to sell Ray-Ban knock-offs, too?

Dec 19, 2017 06:46 AM
Rainmaker
4,574,929
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I have watched people do them. They are not worth it in my opinion. Pass!

Dec 19, 2017 06:07 AM
Rainmaker
7,045,428
Roy Kelley
Retired - Gaithersburg, MD

I would worry about the costs.

Dec 19, 2017 02:52 PM
Rainmaker
885,393
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

You would also have to be a directional guide to the restrooms as well, no thanks!

Dec 19, 2017 02:07 PM
Ambassador
3,077,810
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

nope.  I mean do you go to the mall to shop for houses or agents to list your house?  me either.

Dec 19, 2017 01:26 PM
Rainmaker
106,131
Scott Lawson
America's Home loans - Santa Rosa, Petaluma Mortgage Broker - Santa Rosa, CA
Mortgage Broker FHA, VA, refinance or purchase

You have the greatest kiosk in existence at your disposal--the Internet. If you don't have a quality website, get one. Learn how to optimize it and put up some dynamite content. I think anything except a buy/sell gold kiosk is mostly a waste of time. I see these mortgage guys running booths at the local fair and at a car show I go to a few times a year, and I just feel badly for them. I've tried to talk to them, but they're so damned depreesed you can't have a conversation...

Dec 19, 2017 10:48 AM
Rainmaker
5,580,934
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

that's been done in the past in our area.... there are easier ways to find business.... 

Dec 19, 2017 10:05 AM
Rainmaker
2,692,224
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I saw two agents set-up a table in a mall years ago and they didn't last

Dec 19, 2017 07:30 AM
Rainer
55,453
Joe D'Agostino
NMLS# 729950 - Manahawkin, NJ
Mortgage Officer 46 years!

Save your money!

Dec 19, 2017 07:07 AM
Rainmaker
849,992
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

To do what?

Dec 19, 2017 07:06 AM
Rainmaker
1,466,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Dr. Karen Jones Lewis, MBA, Broker We have one of the largest malls here on the East Coast. I worked for a company that tried this a few time and it always failed. One, no volunteers to sit in the mall all day and two, there was not much interest. At that time the mall was classified as an outlet mall with bus tours coming in and many out of state license plates. People weren't much interested in discussing local real estate.

Dec 19, 2017 06:38 AM
Rainmaker
1,574,499
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Who goes to the mall anymore?  Well, outside of Christmas and tourists the major traffic appears to be teens gathering at the food court!   Besides the costs associated with registering as a branch office and other overhead costs doesn't seem attractive.

Dec 19, 2017 05:34 AM
Rainmaker
290,619
Allie Angeloni
Long Realty - Oro Valley, AZ

For me, probably not Dr. Karen Jones Lewis, MBA, Broker - I would not be at a Mall looking at anything real estate related, and usually am just there to compare items or purchase an item.  My time there is limited and I go from certain stores to certain stores.  Now, possibly Mall Walkers might look at a kiosk though I would think it wouldn't be with any degree of seriousness, just as something to do and to pass the time.  If they stopped once, there is no saying they would stop on another day.  I could see folks asking for specific advice in a situation, so it wouldn't just be looking at Home Flyers.  Would you be giving Free Advice, and what if someone took it and it didn't work out well . . .  I just don't think it would be a profitable use of my time (for me).  I will read replies below!  

Dec 20, 2017 08:20 AM
Rainmaker
929,276
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Used to see them in malls about 15-20 years ago, but obviously it wasn't successful because there are none now. People do not go to the mall to buy a home, and with so much info about homes for sale available on the Internet, there is no advantage to try and sell homes at a mall.

Dec 19, 2017 04:35 PM
Rainmaker
1,431,261
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'd think it would be a waste this time of year.  People in the malls (do people still go to malls?) are interested in shopping for gifts only.

Dec 19, 2017 11:46 AM
Rainer
225,515
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

While most if not all say No, I'm on the fence. What you need to do is figure out the costs, the foot traffic and what your expected goals are. Many malls in Chicago and here in Tennessee are closing up, since it is too easy to just shop on the internet. Go to the mall, stand there for an hour and see how many people walk by. Since you are in Florida, your mall traffic might be higher. Don't just not do it, because everyone says not to, Be different. When people say sell, I buy and when they say buy, I sell.

Dec 19, 2017 05:58 AM
Rainer
4,300
Mark Gilbo
Gilbo Realty LLC - Syracuse, NY
Buy, Sell, List Investment Properties

Yes... they work if you do it right. I do one now and whether it’s manned or not, I get leads.

Aug 18, 2018 10:15 PM
Ambassador
4,316,315
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

If one needs to be there all the time, when would we do the 'real' business?

Having said that, I have been at the booth at some events in our local community.

Jan 01, 2018 07:08 PM
Rainer
27,758
Jim McCord
Keller Williams Pinnacle Group - Cincinnati, OH
#1 Best Selling Author & Real Estate Coach

Imagine spending that same time prospecting ONLY expired listings like this!

Best way to list expired homes

Dec 23, 2017 05:11 AM
Rainmaker
5,333,193
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

My thoughts were exactly like Nina's.   I go to the shopping mall for other things, NOT HOMES.

Dec 22, 2017 10:35 AM
Ambassador
3,987,010
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Our mall is losing traffic and the cost is very high. The only real traffic are the walkers and the holiday shoppers that are in a rush. I would not consider doing this under any circumstances.

Dec 19, 2017 08:35 PM
Rainmaker
1,141,032
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

A real estate related version of Zoltar will at least bring in a bunch of quarters in my opinion. I don't see the interest in one at a mall or even in malls themselves so much anymore.

Dec 19, 2017 08:17 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

For me it screams non-professional and desparate

Dec 19, 2017 07:55 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Dec 19, 2017 06:09 PM