Realtors keep up to date via weekly caravan
Published 7:26 pm, Wednesday, July 29, 2015
Realtors from Greater New Milford are keeping busy.
Realtors host broker open houses to acquaint other real estate professionals with homes newly listed for sale in their respective communities.
In Brookfield, Danbury, New Milford and a few other towns, the open houses have morphed into weekly business/ social events called “Realtor Caravans” involving meeting at a pre-designated location and car-pooling to a list of houses.
Tom Lutz, vice president for mortgage banking for Newtown Savings, coordinates the Thursday morning New Milford caravan meeting at the railroad station along Railroad Street.
He also provides refreshments and conference room space at the Newtown Savings branch offices for the Monday afternoon Brookfield caravan and for the Wednesday morning Danbury caravan.
“These caravans provide the opportunity for a real world preview of homes. Each participating Realtor gets to introduce themselves and overview new and prospective listings,” Lutz said, “and I update the group on home financing options and the mortgage market.”
“New Milford is the largest town in Connecticut, so the caravan can be most challenging,” said Coldwell Banker Realtor Todd Sargent, who currently works with Lutz by routing the New Milford caravan.
“We must select and route as many as 12 listings,” he added, “spread over 64 square miles for visits by 35 to 45 Realtors each week.”
The New Milford caravan meets Thursday at the railroad station beginning with a pre-caravan meeting at 9 a.m., followed by the caravan at 9:30 a.m.
The market has been very active this summer, with homes often accepting offers before they make the caravan schedule, so a recent week only had eight homes.
The routing extended to Northville and finished with three houses located in Candlewood Lake communities at the southern extreme, less than a mile from the Brookfield town line.
The last house on the New Milford caravan is typically something special, with lunch served to the Realtors who stay until the end.
The caravan aforementioned ended at a completely renovated three-bedroom lake house, featuring two bathrooms, at 817 Candlewood Lake Road South.
Coldwell Banker Realtors Joann Durkin and Don Fleming were eager to show off the house, listed for $699,900.