Saturday, December 2, 2017

Open House Tours

Open houses are held to attract as many buyer's as possible to a property and can be a great help to educate buyers as to what's available in a price range and a certain area of the city. Here are some things to think about before attending an open house.
Be represented
The seller has someone working for them so should you. Establish a relationship early with your agent as you move forward in the buying process. You could find yourself in a difficult position if you don't sign in under your (agent's) or buyer broker's name. Listing broker's often act as dual agents if you sign in under your own name they may try to claim you as a client if you decide to make an offer.
Prepare ahead of time
Your agent can provide information on what to expect in terms of average price, amenities, taxes and more in a particular neighborhood.
Make a list
Having a list of priorities will help you evaluate the "open homes" that you visit. Some homes might "wow" you into overlooking your priorities, the list will give you focus.
Collect details
Scoop up the detailed property information sheets when you visit an open house
Spend Time
Some aspects of the house may thrill you but don't overlook the necessities, your need for a home office or spare bedroom shouldn't be overshadowed by a kitchen that dazzles you
No obligation
You should feel free to explore a home during an open house without obligation to buy. While seeing as many as a dozen homes a day can be exhausting, it gives buyers a chance to see if the house is worth going back through a second time
Finally
If an open house leads you to the "perfect house", don't tell the seller or the listing agent. Calmly leave and call your agent for a second showing

*NOT INTENDED TO SOLICIT BUYERS OR SELLERS ALREADY UNDER CONTRACT*

No comments:

Post a Comment