Thursday, November 27, 2008

Visiting a Brokers Open in River North

One of the things I do regularly as a Realtor is visit brokers opens. These are held typically on Tuesday afternoons in Chicago by the listing agent of a particular property. Chicago Realtors may visit and preview the property for current clients or prospective buyers. Attending a brokers open is just one more way to stay on top of the market. It keeps me current on pricing and neighborhoods. It's a good practice to estimate what I think it will sell for and then track the closing price.

Karen Mason from my Rubloff office hosted this broker's open at 934 N Crosby # 934 offered at $394,900 plus parking. It's a sharp looking two bed, two and one half bath town home in River North close to downtown. She offered lunch for the Realtors that visited (we love a free lunch)and gave a rundown of the development and the immediate neighborhood. Karen advertised the brokers open well to her network (which is what prompted me to go) and the turnout was particularly good.

Above, Realtor Robert DePalma discussing the property with Karen.

A good Realtor will hold a brokers open to get the pulse of other agents, receive valuable feedback and pick-up any information that will be helpful in selling the home.

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