Open houses are the gold standard in real estate. They’ve been around for decades and will be ingrained in the buying and selling of homes for years to come. But as a buyer, are you making the most of your open house visits?
Here are some best practices for buyers at all ends of the home-buying spectrum.
1. Use the open house to learn the market without committing
2. You don’t have to sign in (but don’t be rude)
3. Watch the other buyers
4. Ask the agent questions
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Bad smells are one the biggest deal-killers in real estate. If your home smells like pets, mold, smoke or pheromones, you'll repulse buyers. If your home sells at all, it will go for less than it's worth.
It's time to do a dirty job -- identify sources of stinks and deep clean your home.
From the unmade beds to the overstuffed garages to the “What were they thinking?” decor.
Over the years, they learn a thing or two: Why some houses sell, while others linger on the market. Why some promising buyers never make it to the closing table. How to get a better deal on the mortgage. Even just how much the other agents stand to make on your home.
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finance.yahoo.com - If you tried to buy a home in Phoenix a year ago, you probably would have been able to land it for well under the asking price.
Those days are gone. In a city that was hit hard after the housing bubble burst in 2007, you're now more likely to encounter a bidding war for that split-level ranch on the cul-de-sac you had your eye on.
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