Open houses are as important for home buyers as they are for the seller, as prospective buyers can assess and compare a large number of properties at once. Here are some tips to get the most out an open house visit:
Feet on the Street: Real estate agents encourage their buyers to visit a significant number of open houses. Seeing different homes can give you a much better idea of exactly what you desire in a property, and help you understand how much home your money can buy.
Communicate With Your Sales Associate: Buyers should agree upon a procedure with their sales associate before visiting open houses. Since real estate professionals have access to numerous available homes – not just those with open houses, an open line of communication will enable him or her to understand which neighborhood, types of homes and even particular features are attractive to you.
Take Copious Notes: You should take notes when attending open houses, especially when visiting multiple homes during the day. The notes, along with the marketing materials handed out at the open houses, will help you narrow down the list of homes that are of interest.
Be Patient: Home buying is a process that usually involves negotiating. If you attend an open house and like the property, it is generally best to share that information with your sales associate. Your sales associate can then schedule a private showing and help you through the negotiation process.