Homebuyer Checklist: What to Do During an Open House

Buying a house is an exciting process. Open houses are slightly different than a private browsing session, and many of our clients are often unsure of the proper etiquette while touring these homes. To make this event as carefree and effective as possible here's a helpful homebuyer checklist of what to look for during an open house.

• Make a Good Impression
  A positive relationship with a seller's real estate agent can go a long way when buying a house. If you seem presentable, respectful, and cooperative, these agents will appreciate it. Should you decide to move forward with the process, you'll already have a positive relationship with the agent.
• Listen to Other Visitors
  You likely won't be alone while touring the home, so be sure to keep an ear tuned to what the other buyers are saying. Note the questions they're asking and what the sales associate representing the home replies. Also, be mindful of their comments about the home. While some may be opinionated, others may help you identify problems or inconveniences that you may have missed.
• Check for Forgettable Features
  There's so much to take in when touring an open house that you might fail to notice what's missing. Make a list of features or items that you need to be included with the home, including ceiling fans, adequate electrical outlets, and gutters. Also, take note of how old elements are such as the windows or roof as these will significantly impact your level of comfort, security, and insurance.
• Search for Stains
  Any stain is unwanted, but some stains are especially problematic. Water stains often come with mold or mildew behind the drywall or flooring. Pet stains might encourage your animals to cover these scents. Keep an eye out for stains on the ceiling, wall or flooring and ask the real estate agent if they can explain them.
• Take Measurements
  Although the home may be staged for the open house, take measurements of each room, so you'll know the exact size of each room. This will help you compare lengths to your current home and determine whether or not your existing furniture will fit.
• View Any Paperwork Provided
  A thorough real estate agent will have their sellers collect all paperwork applicable to the home and display it during the open house. These documents may include repair receipts, permits, or other official documents that impact the structural and legal integrity of the property. Look at all of these documents, noting any recent renovations made or damages repaired.
• Snap Photographs
  With so much to see, there's a chance you may forget a handful of pros and cons. Ask permission to take pictures of appealing and concerning areas of the interior and exterior. For instance, snap photos of water spots, outdated appliances, and foliage — any element of the home that adds value or may cost you money should be photographed and weighed.
• Ask Questions
  When buying a house, don't be afraid to ask questions, even topics you may feel uncomfortable broaching. It's helpful to know why the seller is moving, how many offers they've received, the cost of monthly utilities, and how the neighborhood is. If you want to discuss the house in greater detail, your broker will set up an appointment with the seller's agent.
• Investigate Comps
  Even if you think you've found your dream home, you should still walk comparable houses in the area. With the notes, photographs, and information you've gathered from the open house, you can now ask to tour other properties and compare your findings.

Properly preparing for an open house will help you stay organized and objective. Follow these tips, and you'll be ready to potentially make an offer on a great bargain or confidently walk away from a money pit.

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