Open houses are a great way to view a property. Did you know that they are also useful even if you are not interested in the house? Open houses give you a chance to meet real estate agents, give you ideas of what you are looking for in your new home, and check out the status of the current real estate market. Here are some tips to maximizing your open house visits:
- Open houses are a great way to view a property with no strings attached. You don’t need an appointment. You don’t need an agent. You don’t even have to be a serious buyer. You can just drop by anytime during the open house hours and view the home. If you are beginning to start the buying process, however, visiting open houses will give you an idea of what the market is like in the area. If you are a serious buyer, maybe an open house will lead you to your future home.
- You will likely be asked to sign in when you stop by an open house. You can politely decline if you would prefer not to be contacted in the future. If you already have an agent, let that be known. Your interest in the home will still be appreciated. Who knows? Maybe you will be dealing with them in the near future when you put in an offer on a home they have listed!
- Look around at what the other potential buyers are doing. Listen to their questions and the agent’s answers about the house. If you are interested in the house, observing what is going on around you will give you an idea of the competition.
- You can ask questions as well! The agent doing the open house is working for the seller, so he should know more about the house than anyone else…other than the seller. If you are interested, you can get a lot of questions answered right there on the spot. Questions about why the seller is selling, how long the house has been on the market, and if many offers have been made on this property are all good things to know when considering the purchase of a new home.
- Do you have an agent already? If not, open houses are a great way to meet them. You can see them at work during an open house. You have the chance to talk face to face. You can watch them do their job. At an open house, the agent will be trying to find a buyer for the property, but they are also looking to make relationships with future clients. Don’t miss the opportunity to meet your next real estate agent just because you aren’t interested in the house.
There is a reason open houses still exist after all these years. They aren’t simply about seeing the property that is on display. Be ready to find your new home or your new agent when you stop by your next open house. Follow us on social media (links below) to see where we will be having open houses in the near future.