Arlington Heights broker tour highlights

What’s a broker tour? It’s agent-to-agent marketing: weekday open houses usually open only to real estate agents, and showcasing only the newest listings on the market. Real estate agents take the tour to learn about new listings — and to scarf up the free food that’s sometimes offered.

The best-priced homes, in an active market, frequently find buyers through agents who see them on tour and call their buyers. Wait for the public open house on the weekend, and you might be out of luck.

Baird & Warner agent (and reformed FSBO) Fran Bailey writes periodically about what she sees on her local broker tours at her curiously-named Chicago metro area real estate site. It’s a good way to see what’s new in Arlington Heights.

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