Anshu Arora LLM, MSc, PMP

Cell 604-828-7331 | yourbcagent@gmail.com

RSS

7 Things Buyers Can Expect from An Open House

Touring homes can be one of the better parts of the home buying process. For a brief moment you can envision your life in what might be your new home! Still, stepping into someone else’s home, especially during an open house, can be intimidating. Here’s what you can expect:


1. To be asked to sign in.
The agent will ask you to sign in with your contact information so he or she can follow up. Of course you are free to decline.


2. To remove your shoes.
After all, the homeowners has worked hard to make the place sparkle. Tracking dirt onto the carpet or hardwood destroys their effort.


3. (Not) to meet the seller.
Sellers working with an agent usually leave during open houses. This provides you the opportunity to explore free from the distraction of a hovering owner.


4. To scope out the competition.
The number of other people touring the home (and the amount of traffic throughout the day, which you can track on the sign-in sheet if you visit on the late side) can give you a good indication of the level of interest in the property.


5. To wait your turn.
If there are several groups during your visit, wait for them to leave a room before you enter. It’s a great chance to eavesdrop as they may ask the Realtor questions you hadn’t thought of, or comment on features you might not notice yourself.


6. To meet the neighbors.
Chances are, they’ll stop by for a peek. Ask them about the neighborhood. They’re the experts, after all.


7. To hold your tongue.
The Realtor will most likely ask you questions about your home search. Be savvy about what you reveal. Don’t give away any information that could compromise your bargaining power.


Not all homes on the market hold an open house. To expand your touring options, contact me to see how I can help!

Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.