The real estate broker tour (broker open house) plays an important part in the promotion and marketing of real estate listings. For homes for sale in Los Altos, Los Altos Hills, Palo Alto and Mountain View, the broker tour occurs on Fridays from 9:30 a.m. – 1:00 p.m. For homes for sale in Sunnyvale and Cupertino, the Broker tour is on Thursdays.
The broker tour is designed for the broker community to preview all the new listings that come to market in any given week. The broker tour is supposed to be exclusively for agents, but occasionally one will get buyers or neighbors who come by.
During the actual broker open house, the listing agent should be promoting the property to other agents or at bare minimum be present to answer questions about the property. Note, many agents don’t hold their own listings open during the broker tour. Instead some use an assistant or hire someone to sit at the broker open house. If it is important to you, make sure the one you hired to sell you home, holds the home open during the broker tour.
Food tends to be a staple on the broker tour. It can attract agents to the house and they may stay longer in the property. I’m not sure I can write that an agent with a full belly is more likely to bring in a better offer, but a little food on tour is nice.
The following are what I think were the top homes from Friday’s broker tour. Note: I wouldn’t be surprised if each of these homes sold with multiple offers.
2/18/2011 – UPDATE: All four homes went sale pending within one week, 2 of them are scheduled for a 2 week close.
1086 Solana Drive, Mountain View – $1,098,000. Listed by Pat McNulty of Coldwell Banker – Los Altos. It is one of the nicest expanded/remodeled Blackfield homes that I have seen in awhile.
1682 Montalto Drive, Mountain View – $985,000. Listed by Matt Griffis of Homestead Development and RE. Another nice remodel with good yard. Might be a little too close to Cuesta Drive, but still a nice house.
1347 Garthwick Drive, Los Altos – $1,375,000. Listed by Shelly Potvin and Teri Woolworth of Coldwell Banker – Los Altos. Good house on good street in south Los Altos. Close to Oak Elementary and Mountain View high.
1978 Colleen Drive, Los Altos – $1,195,000. Listed by Brendan Leary of Coldwell Banker – Palo Alto. Another good house on good street. However, within the Cupertino school district.
FYI – Friday’s broker tour had 18 single family homes for sale (west of El Camino Real ), 12 were new listings and 6 re-listed properties.
Should you have any questions about any of the properties mentioned in this post or would like to discuss your real estate needs, please contact me directly at 650 917-4250.
Below are all the active homes for sale in Los Altos
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