Open house tips Open houses are also a great way to see properties without going through the hassle of arranging a viewing and dealing with conflicting schedules. Your agent will take you around to open houses, which in our area are typically on Sundays, and will have a course and schedule mapped out. Buyer’s agents have a knack for asking the right questions of the seller’s agent, so it’s a good idea to let the agents do their job and represent you. There are some questions you just might not think to ask, so it’s a good idea to let the pros do the talking.
Generally speaking, most people know what they like and what they don’t like and can tell if they are interested in a certain property within the first few minutes of being in the home. However, if your dream house has major structural problems and is in need of major repairs, you might want to pass. It’s also a good idea to try and buy a home that you can grow into, so whether that’s a little more space or option to expand, you should try to think long-term depending on how long you plan to be there. There are too many homes out there for you to settle on something you’re not sure about.
It’s important to keep in mind that you’re in someone else’s home. You may even be asked to take your shoes off!
Try to attend open houses only during the hours specified. Also, don’t get offended if you’re asked for identification and asked to sign in. This is standard procedure to protect the seller’s possessions, and most have some standard screening process. Don’t bring a lot of people or children with you since that can be distracting to others and might cause unintentional damage. Remember, a first impression is important so make sure that you remember your manners since the sellers agent is who you’ll be dealing with if you decide you like the property.
If you attend an open house without your buyer agent, it is essential that you immediately let the seller agent running the open house that you are working with a buyer agent. Sign in to the open house with your agent’s information included so that the seller agent knows to contact your buyer agent, rather than you, for follow up feedback. Also, don’t EVER reveal personal information about yourself to the seller’s agent, as it is their fiduciary responsibility to inform the seller of any and all information that may benfit the seller, including a buyer’s accidentally disclosed pre-approval amount, a buyer’s strong desire to own the property, etc. It’s best to sign in with your agent’s information, tour the property and only ask relevant property related questions. Anything you forget to ask will be addressed by your buyer agent.
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