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The right way to handle open for inspections

If you find a real estate agent you like – bring them with you.

If you find a real estate agent you like – bring them with you.

The first rule of open for inspections: even if you’ve found “the one”, don’t let on.

Open homes can inspire even the most disinterested of property seekers.

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Aside from the gawking into people’s wardrobes and admiring colour schemes, it can also be a fantastic opportunity to determine what you want, where you want to be, and what you can afford.

While it can be an exciting Saturday afternoon adventure, don’t be lured by the jovial agent and smell of freshly baked cake wafting from the kitchen.

Finding your dream house is a matter of staying on top of the game.

Finding your dream house is a matter of staying on top of the game.

Open homes are rife with subtle strategies and power plays.

There is a lot at stake, especially if you’ve found your dream home, so it is essential to go in with a game plan.

Start searching on screen

To make searching simple, real estate today has been “built for thumbs”.

Start online and do your research using technology options, from desktop, to tablet to smart phone app.

A seasoned property seeker will tell you that timing can be everything with your hunt, and there are a number of tools to help you stay ahead of the game, such as agency branded apps.

Treat the open home as a tutorial

Treat every welcome mat you wipe your feet on as the start of a class on buying property.

Inspect every aspect of the home from the water pressure to the attic, then look beyond it.

Looking to buy a house? Search property nationwide here

What are your priorities? Consider the neighbourhood, local amenities, schools, nearby transport.

When you start asking questions, it may often prompt more you hadn’t thought of.

Respond – don’t react

While listening to your gut is important – this is most likely to be your biggest investment decision so act accordingly.

You will not buy the house that day, so avoid getting swept up in the emotional element of house hunting.

If you find a real estate agent you like – bring them with you.

If you find a real estate agent you like – bring them with you.

First-home buyers have a tendency to make impulsive choices.

Don’t make a decision on the spot, though, even if you’ve found the one that ticks all your boxes.

Shop around and sleep on it.

Cards to your chest

It is the home that is open for inspection – not the buyer.

Be wary of giving away too much information about yourself because you literally may pay for it later.

Be it your property preferences, your price range, interest in the property, or your time frame to buy.

This is the time to appear aloof because if the agent senses your interest, it could potentially give you less leverage when it comes down to negotiations.

Like the agent but not the property? “Purchase” him instead

While you may not have found your perfect match with the house, consider the agent’s performance.

Was he knowledgeable? Personable and interested in your search?

Your agent is a valuable tool to helping you secure a home, so if you are impressed, take their card to touch base later on.

This article originally appeared on realestateVIEW.com.au. All images via Shutterstock.

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