14 Things to do After Attending an Open House

It's an opportunity

We always say that even if you’re not crazy about a house after viewing it, all is not lost, every open house is an opportunity to get even more specific about what you truly looking for in a home. Here are some things to consider after attending an open house.

If you want the home...

1. Determine your best offer. Work with your real estate agent to identify your initial bid, look up the home's history, and factor in needed repairs.
2. Wait and be patient. As soon as your agent hears something, you'll be the first to know.
3. Don't ignore your budget. It's better to hold out for a home you can afford than to go broke over a rushed decision.
4. Remember the inspection. If the sellers refuse to address major problems, you might need to walk away. 

If you're not sure...

1. Sleep on it. If you're not 100 percent sure, get a good night's rest and see how you feel in the morning.

2. Know your deal-breakers. Which features match up to your list? Which don't?
3. Go back for a personal tour. Take a second look with your agent, and bring a friend who can offer a fresh perspective and honest opinion.
4. Consider your lifestyle. When you imagine yourself living in the home, is it still a good fit?
5. Think about add-ons. Does the home need any updates or repairs? What will maintenance entail? Consider all the extras to see if the home still feels like a good deal.
6. Revisit at different times of day. Make sure the property and the neighborhood suits you at all times around the clock.
7. Trust your gut. If your inner voice of reason is chattering away, try to figure out what it's telling you. 

If you don't like the home...

1. Identify the issues you didn't like. Remember them when you visit new listings.

2. Broaden your horizons. Expand your search into areas or features you haven't yet considered.
3. Don't settle. There's a big difference between making a few small compromises and making a big mistake you'll have to live with for years.