Ed's Chesprocott Region Blog: Chasing Open Houses In Central Connecticut is Not The Best Way To Find a Home

Chasing Open Houses In Central Connecticut is Not The Best Way To Find a Home

Chasing Open Houses In Central Connecticut is Not The Best Way To Find a Home

I was called by a prospective buyer for information on one of my listings. They asked a bunch of questions that showed an interest. I asked them if they had agent representation and they gave a very tempered explanation as to why they did not have an agent.  I then asked how long they had been seeking a home, which turned out to be almost a year. They wanted to know when I was going to have an Open House on that home, and I let them know that the sellers did not want that type of marketing.

Chasing Open Houses In Central Connecticut is Not The Best Way To Find a Home

They have been looking at homes online and were active at open houses, but were reluctant to commit to an agent as they did not want to be forced into a home purchase. This surely limited their opportunities to see homes as not all home sellers want to have their homes open to the general public.

In a very active market, the home that they might have wanted to buy would be getting activity from serious buyers who have agents that know a home has been listed within hours of it being posted into the MLS system. Sites that do not have that type of instant access would not get the listing for a few extra days. That means only committed buyers get the opportunity to see a home and quite possibly it gets put under contract and the Open House chasers never get a chance at it.

If a person is just considering making a purchase, the occasional open house may be good for them s the can determine the type of house they may want to buy. A serious buyer will contact a real estate professional and discuss in detail their ideal home, location etc, so that the agent can get to work on finding that home for them and get them into a contract sooner.

If you are contemplating a home purchase in Central Connecticut you should call me to set up a meeting to discuss your needs. We will see that you sit with a qualified loan officer to determine your buying capability. I will set up a search right off the MLS for the areas and price ranges of homes that you might want to consider. When a home of interest is available we will set up a showing and take the time to walk through the house as a private open house so that you can get a better feel for that house. And when we find that perfect house, we will work to get it for a price within your budget and walk you through the buying and closing process.

Chasing Open Houses In Central Connecticut is Not The Best Way To Find a Home

 

 

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Whether looking to buy or sell, we service the Greater Waterbury towns of Beacon Falls, Bethany, Cheshire, Naugatuck, Middlebury, Southington, Thomaston, Waterbury, Watertown and Wolcott 

Ed Silva  RE/MAX Professionals,  www.edwardsilva.com  203-206-0754

Comment balloon 7 commentsEd Silva • October 26 2016 05:55AM

Comments

Good Morning Ed - I think this is the biggest problem when someone is not focused.  A good real estate agent can be the best one to help.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) over 1 year ago

Hi Ed... always amazes me how often people ask when I'm having an open house on one of my listings instead of just making an appointment to see the home. They never seem to know what to say when I tell them I don't do open houses. And in a seller's market like we are seeing, homes often sell before we could even have an open house.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (RE/MAX Executive | Charlotte, NC) over 1 year ago

Wow...some people just have to do things the HARD way. Talk about making their search more difficult.

Posted by Sharon Tara, New Hampshire Home Stager (Sharon Tara Transformations) over 1 year ago

Call Ed Silva and let him do the walking in the right direction to get from listing to real estate closing The sit down for the pass the keys please. Videos are the open house on demand, on the buyer's time, not a narrow chance to herd in and out with other buyers with sharp elbows and a sense of frenzy to music chair better pick soon or snooze/lose. Nina Hollander is right about hot hot markets and the waste of time the open house model can be.

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 1 year ago

We have met that buyer...he wants everything he wants at the price he beiieves he should pay...and no agent could ever tell him differently.

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (Keller Williams 414-525-0563) over 1 year ago

Hi Ed Silva ,

Their comment "they didn't want to use and agent because they'd be forced into a home purchase" tells me they are not committed to finding a home. Two years from now they probably will be still going to open houses! LOL!

Posted by Dorie Dillard, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.346.1799) over 1 year ago

Ed

I get calls with every listing about when the open house will be. In our market that is just not the way to find and buy a house, unless it's perhaps held immediatley once the home hits the MLS. I see Open Houses canceled often because the home had already sold.Someone who is committed WILL see the value, indeed a need, to work with the right Realtor.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude - Carlsbad (Solutions Real Estate ) over 1 year ago

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