If you are looking for a home to purchase, open houses are an excellent place to start. They are the perfect opportunity to get a feel for what’s out there and see which properties interest you most. If you know exactly what type of home or area is right for you, then attending open houses will speed up your search considerably!
Open Houses allow homeowners who have been thinking about selling their homes the opportunity to show it off. They also give those interested in buying a chance to see what is on the market and make informed decisions before they choose which house is right for them. You can get a feel for the neighborhood and surrounding area from visiting different homes in person. It is important that you have your realtor accompany you on these excursions so they can help answer any questions or concerns that might arise during your search. Open houses are a great way to view homes you might be interested in buying. Not only can you get the chance to see how it lives, but also talk with realtors and potential neighbors about what they love about their home, as well as what they don’t like. But before you go into an open house, there are some questions that should be answered first so you know exactly what type of home is right for your family!
Questions that can help guide your buying process at an open house
Here is a list of questions that need to be asked before going on an open house tour. By asking these simple yet important questions, not only will determine if this is the perfect place for your family; but it’ll ensure that both parties (you and the seller) have realistic expectations:
- What’s the best part about this neighborhood?
- Are there any amenities nearby?
- How long have the current owners lived here?
- Is it close to public transit?
- What’s the least expensive home on the market in this area?
- Is there anything special about this home that sets it apart from others on the same street?
- Are comparable homes selling for higher or lower prices than asking price on the market right now?
- How does this property stack up to other properties I’m considering/have seen?
- Are any major renovations planned for soon (by current owners)?
- If I represented a buyer, what three pieces of critical information would you need to know before committing to buy this home?
Asking these questions will help you determine whether or not purchasing a specific property at an open house is worth your time.
Below are five additional questions to ask a real estate agent before listing your home for sale.
1) What are the three most important things you can tell me about selling my home?
2) How long do you think it would take to sell my home?
3) Is this area of town still in high demand?
4) What improvements should I undertake to make my property more appealing/competitively priced?
5) Can I list my home without representation (for sale by owner)? If not, what added value does having an agent bring to the table that makes representing me worth their fee?
