Visiting an Open House? Keep These 5 Things in Mind

Visiting an Open House? Keep These 5 Things in Mind

There is an art to visiting an open house. It is a much different experience visiting on your own than with a real estate professional. Here are my top five things to keep in mind during an open house:

1.       The Neighborhood –The neighborhood is a key component of your investment, so don’t go down the rabbit hole of being excited about the house when the area is not in line with your investment goals.

2.       Curb Appeal –Check the roof quickly if you can see it, look at the landscaping, state of the yard, state of the driveway, etc. Look for tell-tale signs of neglect or maintenance issues.

3.       The Agent – The agent hosting the open house may ask you if you are working with another agent. You should say that you are because then I can follow up with the listing agent, do some digging, get your questions answered, and this way you clearly have your own strong representation.

4.       Hype – If the open house is busy, this can lead to a sense of urgency. Don’t let a crowd encourage you to make decisions that are not in your best interest.

5.       Due Diligence – It is important to use great judgement when investing your money and good judgement takes time. Check the systems, roof, foundation, appliances and more via an inspection. Allow me the time I need to do some research on the home’s history and market price.

If you see something you like, give me a call right away and I can provide you with the information you need and make a plan that keeps your interests at the forefront. I enjoy looking at homes and whenever possible, would love to join you to look at homes together. Contact me anytime - I have the keys to every listed home for sale and will give you your own private tour!

As always - your questions, comments, and suggestions are welcome for this article or future topics you would like to hear about. I am available to talk one-on-one with you, answer your questions, and as your Realtor, guide you through the process.

Thank you! Jennifer Suemnicht - Jen’s Realty - RE/MAX Metro Realty, Inc.

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Investment Property 101

Investment Property 101