Question

First-time visits to new listings by groups of agents are commonly known as

a) Broker tours
b) Exclusive showings
c) Seller previews
d) Open houses

Answer 1

First-time visits to new listings by groups of agents are commonly known as open houses. Open houses allow potential buyers or renters to visit the property and interact with real estate agents.

Step-by-step explanation:

The correct answer is d) Open houses.

First-time visits to new listings by groups of agents are commonly known as open houses. During an open house, potential buyers or renters can visit the property and get a feel for its layout, features, and suitability to their needs.

Open houses are events organized by the seller's real estate agent to showcase the property to a wide range of prospective buyers or renters, allowing them to explore the home in person. It is an opportunity for agents and potential clients to interact and discuss the property, answer questions, and potentially make offers.