My vote is yes! Over the last year I have obtained one buyer and one listing for Jan thru Nov. (2 is better than none ). But ... in the last 3 weeks, I have picked up 2 buyers that I am currently working with and one that I am in contact with but won't be ready until March. Interestingly enough, they all came within the last 15 minutes of the day ( happened to be Sundays) as I was getting ready to close the office. I also know of 4 or 5 others that came in this month from floortime. Personally, I use the time to get a lot of my marketing put together and planned, if I get a "hot call" that is just gravy. It is up to the individual to make the time worth it.
Some are absolutely against it, some think it's only for new agents, and some will do it whenever. Most only sign up for a few blocks of time a month.
Just like what I do in general - I don't volunteer at school just to generate business and leads, I volunteer because there is a need and because I like to do it. If leads come from that, it's great; if not, I still get benefit out of the activity I do.
That's how I look at floor time.
I am a full time realtor and I am either at my office or out on appointments. If i am in the office, why not do floortime? We need agents to take care of walk in clients and/or prospects who need information on our listings and I need to handle a lot of affairs whether it's current transactions, marketing, researching, update my website, etc. It kills two birds with one stone for me.
If you have floor time in your office and you can accomplish paperwork or prospecting during that period then go for it. I would not just sit there until the phone rings... get other things done during the time period so it is not a waste of time if you do not get a buyer or a seller. Personally prefer to spend my time on lead generation that I know will always be a benefit and can bring me the most leads in the fewest amount of time.
I do think that floor duty and open houses can be a great start for new agents.
I sold a $300k Condo off a call when I was on floor about a month ago! When I do floor, I get other work done while I am in the office, so it's never a waste of time!