The Best Way To Attend Open Houses
Would you walk into a car dealership to purchase an expensive vehicle without doing your research ahead of time? People that do likely regret the price they paid, what they received for their trade, and even the terms of the agreement once they recover from their initial emotional - and not very logical - purchase.
Attending open houses at Sun City Shadow Hills or most any other desert community presents a similar issue. As a buyer, when you walk into an open house and place an offer on the property one of two circumstances can arise: 1) The seller’s agent sitting the open house will wind up representing both you the buyer and the seller of the property (like the car salesman who represented you and the dealer); 2) An associate of the seller’s agent is hosting the open house because this agent has no clients of his/her own.
Many New Agents Start Their Career Hosting Open Houses
Did you know that many new and inexperienced agents also start out by hosting open houses? Hosting an open house is a great way for new agents to meet prospective buyers by investing nothing more than a little time. If you, as a prospective buyer, want to invest in the training of a new agent, hopefully she/he will thank you for your help later.
If you discover an agent hosting an open house at Sun City Shadow Hills that you'd like to do business with that's great. But why not take a few minutes to first check out your prospective agent’s references and experience? Take a look at the agents website. How many successful transactions were completed last year? Does the agent have a professional web presence? What do client testimonials say about the service they received? Lastly, has the agent invested in providing you with extensive online resources that can give you additional information about your prospective communities and aid in helping you to be an informed buyer?
A Better Way To View Sun City Open Houses
The smart thing to do before going to an open house is to choose an agent to represent you. Then, when the agent hosting the open house pounces, you can simply tell him/her that you are represented by (name your agent). That agent will appreciate this and offer you their full professional courtesy.
And, if you really love a home you visited (new construction or resale), please don’t let on to the seller’s agent how much you like the property (as much of a no-no in real estate as it is when buying a car). Instead, let your buyer’s agent know (you did choose a buyer’s agent, right) so she/he can begin working for you in getting the full scoop on the property for you without letting the other side know how emotionally attached you already are to the home.
One final point, if you choose to use the open house agent that is also representing the seller, that agent must be neutral to both parties during negotiations. Do you think that's the best way to approach buying a home?
