01/28/2024
6 Questions to ask in an Open House 🏠
IS THIS A FLIP?
If the answer is yes — the house is a flip — you know it has probably been recently updated. New paint, probably new flooring, and new fixtures are all standard. Most importantly, you need to look at the quality of the finishings.
WHEN WAS THE ROOF/WATER HEATER/CENTRAL AIR LAST REPLACED?
Ask the agent or the seller about the home’s repair history and when the main components were last replaced (if they know).
HOW LONG HAS THE HOUSE BEEN ON THE MARKET?
If you go to an open house looking at real estate, be wary if the agent tells you the home has been on the market for several weeks. That’s a big red flag and could mean that there is either something wrong with the house or the price.
WHAT IS INCLUDED IN THE SALE?
First-time buyers are often shocked to learn things like a washer, dryer, and even the fridge in the kitchen don’t have to be included in the sale. What the seller chooses to list is up to their discretion.
Asking the seller’s agent what this particular real estate property is selling with will help temper your expectations and give you an idea of a reasonable purchase price.
WHAT DOES THE SELLER’S SCHEDULE LOOK LIKE?
If you know you have to be out of your current real estate within 60 days of the open house, a seller with no firm timeline or desire to move might not fit your needs. A seller that needs at least 60 days after an offer to move is certainly not the right fit for you!
WHAT IS THE NEIGHBOURHOOD AND THIS STREET LIKE?
This is information you only can get from the seller specifically, and an open house is a great time to learn more. You should come out of the conversation knowing if the neighbourhood is going to be a good fit for your family or not.