An open house is a casual event. Or is it? When searching for your new forever home, are you just casually walking through the home and daydreaming? Or are you a serious buyer just waiting for the perfect opportunity? Since you are here, reading this article, you are probably the latter. If you agree, then you have to know all the open house tips and tricks for home buyers! Don't worry - we got you. With our 7 tips, you will be prepared for all the upcoming open house events. And, more importantly, you will be ready to buy any home you set your eyes on.
1. Do Research Beforehand
One of the most important open house tips for home buyers we are going to give you is to always do research before going to the open house.
When you see a home you like, whether that be a house or an apartment, do research on it before you (and your real estate agent) come to see it. That research should include everything about the neighborhood (how safe it is, what amenities are there, etc.), about the street, and about the home itself.
Moreover, make sure to research the home prices in the neighborhood as well. Then, once you make sure the price is just right, check your finances. With your financial advisors, find out all there is about credit scores, bank loans, mortgages, etc. You will need to have all this information before you go house hunting!
2. Make a List of Must-Have
If you don't want to waste your time and energy viewing homes you don't like, just make a list of must-haves. This is a list that will contain all the things you want in (and out of) your new home. For instance, those should be things such as:
3. Come with Your Real Estate Agent
When buying a home, you need a real estate agent. This is the only person who can help you find your dream home - a home that suits your budget and all the previously mentioned needs.
A real estate agent is a must, especially if you lack experience with home buying. First-time home buyers tend to overlook many things, and then they either search for their home indefinitely or end up with a home that is not the right for them.
Moreover, it is always good to bring your realtor with you when you go house hunting; that is when you attend open houses. Why? Because this person will see the house's flaws, ask the seller all the right questions, and negotiate the price.
4. And, Come With another Household Member
If you are buying a home with a family member, one of the most critical open house tips we can give you is bringing that member. Trust us; you don't want to buy something that that other person doesn't like. If that happens, you are in for many fights and, possibly, a home sale.
Thus, bringing all the people who will live in that home with you when viewing a home. P.S. - don't forget to include those people in making the must-haves list.
5. Know Which Questions to Ask
When you go to an open house event, be sure to get something out of it. That is, make sure to leave with some information - information you did not have when arriving. To do that, you have to come equipped with some questions. For instance, those can be:
6. Make a Good Impression
Remember - when buying a home, the sellers and their homes are not the only ones who need to make a good impression. You have to make it too! In most cases, if the seller doesn't like you, you won't be able to buy the home. Thus, put your best face forward.
Be polite, friendly, and, most importantly, be serious about buying a home. You need to show that you will do anything to buy that home, and of course, you need to show that you will take good care of it.
7. Make Sure You Are Memorable
We cannot talk about open house tips for homebuyers without mentioning the importance of staying memorable. There are two ways to do that - to offer more money or to offer something other buyers cannot. What you will choose is up to you.
Doing the first thing is not always an option; thus, if your budget does not allow you to spend more money, try to offer something else. For instance, you can offer to bring your own closing agent, to have the home inspected professionally, etc. Or, you can talk to the sellers and their agents and try to be more personal. Ask them to share their stories, and don't be afraid to share yours as well - that is how they will remember you.
As you have seen, there are many open house tips for home buyers. Try to include all of them when house hunting; at least, try to include the majority of them - you never know what small thing can get you that home you like.
Angie Bow has been working as a real estate agent for 4 years. She specializes in helping people find their forever homes. In her free time, she enjoys going for a walk with her family and dog, painting, and playing the piano.
The temps are predicted to be freezing Sunday, but don't let that stop you. Cold temps mean less competition when you make your offer on one of these amazing listings we are hosting open this weekend.