Monday, January 18, 2016

How to Make the Most of an Open House When Looking for Homes for Sale

When you are looking at homes for sale, visiting your top candidates gives you the best feel as to whether a house fits your needs. One of the best ways to experience an open house is to attend it with your buyer's agent. Consider these three reasons why you should go to an open house with your buyer's agent if you are serious about making a purchase in the Boston North Shore community.

Asking Questions

As you walk through the open house, ask your buyer's agent any questions that come to mind about the property, such as whether the local elementary school has a good ranking, or whether the home's backyard is sized well compared to others in the neighborhood. You can also ask questions about whether the home's price makes sense for its overall condition and location.

Getting a New Perspective

Most of today's home buyers look at Internet listings before visiting homes for sale in person. When you are at the open house, you can get a new perspective about the property. Your buyer's agent can provide you with additional information such as typical traffic levels on the street, or whether any new construction is planned in the area.

Making an Offer

If you like a house well enough in person, then an open house is a great time to make an offer. Have your agent draw up a generic contract to bring along. By having your agent at your side, you can submit an official offer. In a competitive housing market in which there are more buyers than homes available, putting in an offer while you are at the open house may give you an edge on the competition.

Sources:
Open Houses That Work, realtormag.realtor.org

Open House Etiquette for Home Buyers, homebuying.about.com

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