Saturday, March 12, 2011

Confused by open houses?

Don't be confused by open houses.  They are what they are.  If your home searching, it’s very convenient to stop in and look at homes that are advertised as open.
Realtors love for you to come by and look at the home they are opening in the hope that you will buy it or tell someone else about it.
Not all homes are listed by a Realtor.  Builders have open houses and sometimes use a community sales manager to help you.  They can only assist you with the builder’s home.  If you are not interested in what they have, they can’t help you any further.
For Sale by owners can have an open house for their own home, but it the same as a sales associate for a builder in that if you are not interested in their home then they can’t help you further.   
Realtor open houses are usually attend by the Listing Realtor or one of their associates who is also a licensed Realtor.
Realtors who hold open house on their listings are all a little different.  Some have a presentation.  Some will give you the grand tour.  Some will just sit at their desk and offer to answer any questions you may have about the home.
If you find a home you want to purchase by going to an open house, you are still entitled to have your own Realtor represent you as a buying agent.  Your Realtor can give you the numbers from recent sales in the area of the home you interested in.  Your Realtor will act as an advocate on your behalf.  Your Realtor will walk you through the paper work process and help you make an offer on the house.  Buyer's agents work for you without charging you, the buyer, a fee.
If you find the home of your Dreams at an open house you should consult your Realtor.  Be sure and tell the person showing you the home that you have a Realtor so that they will know up front. 
Have some fun with it, and go house shopping.  Don’t let it be confusing.

Rick Jackson
405-826-8599
Dreams Do Come True

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