You have outgrown the house you are in and find out you qualify for a mortgage that will let you upsize. Or, your kids have flown the nest and you are ready to sell the family home and downsize or, you may be a first-time home-buyer and need help deciding what you want.
Whatever the reason for purchasing a home, it is important that you get a feel for what you want so you don't spin your wheels and waste time or end up with something you didn't really want.
Open houses provide a taste of what your lifestyle would be if you decide to buy something similar. Unless the seller still lives in the house the real estate broker will often stage the homes with furniture and design touches to help you visualize living there.
Attending open houses provides information that will be useful to you when you make a final decision. You get to explore other neighbourhoods, check out schools or amenities you are interested in and explore the various floor plans available.
If you are in the market for a fixer-upper, you want to visit foreclosed or short-sale home listings. Be aware that these homes usually need investments in remodelling, fixing existing problems or replacing appliances. If you have the time, energy and money to invest in a fixer-upper, it can be a great investment.
The purpose of an open house is to let people see what is available in a particular neighbourhood and entertain the idea of purchasing. But, even though you may not be looking for a home at this particular time, agents welcome those who are just looking.
Word of mouth is the most effective way to let people know that homes for sale exist and even though you may not be in the market for a home, one of your friends or neighbours may be.
Always remain loyal to your own agent. When you attend an open house and sign in, indicate that you already have an agent you are working with. The agent at the open house will appreciate knowing that information and won't attempt to solicit you to become his or her client.
You should know the etiquette of attending open houses before you begin your search. For example, you should always sign in and indicate whether you are already working with a real estate broker or not.
When arriving at the open house, feel free to enter without ringing the doorbell or knocking, but always try and meet the agent. Some will take you through the house and show you special features while others will simply let you pick up a flyer and let you see the home on a self-guided tour.
If someone is still living in the home, respect their belongings. It is not okay to open medicine cabinets and closets and rifle through their things. Always ask the agent if it is alright to look inside a closed door.
Post a comment