In real estate, a caravan (also known as a broker caravan or agent caravan) is an organized tour of listed properties for real estate agents, brokers, and sometimes industry professionals, rather than for the general public.
Key Features of a Real Estate Caravan:
Purpose
To give real estate agents a first-hand look at newly listed properties.
Helps agents become familiar with the inventory so they can match clients to homes more effectively.
Offers the listing agent a chance to gather feedback on price, staging, or features.
How It Works
A group of agents (usually from the same brokerage, association, or MLS board) visit multiple homes within a short timeframe—often within a single morning or afternoon.
Homes are typically located in the same area or neighborhood to minimize travel time.
Some caravans are self-guided with maps or schedules, while others involve a group traveling together.
Benefits
Efficient marketing: Helps a new listing gain visibility quickly.
Professional feedback: Agents may …
