Thursday, February 23, 2006

Caravan


Chances are, if you've ever sold a home, you've heard the term Caravan. What is it? If your home is listed in the local MLS, your listing broker is cooperating with other brokers that belong to that MLS by offering them a commission if they bring a buyer for your home. Caravan, or Broker Tours, are open houses for brokers and agents to view new listings. This is a benefit for sellers because seeing a home on a computer screen isn't usually what sells a home. Agents get to see first hand what a home offers, which makes them better able to describe it to a potential buyer. It might even lead to a quicker or sale. I've even heard of agents who see a home on caravan and end up buying it!

Search the MLS for Ventura County Real Estate at:
www.HopeGoss.com

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