(Closed) First Time Buyer: How many homes did you tour before buying?

posted 4 years ago in Home
Post # 31
Member
911 posts
Busy bee
  • Wedding: December 2016

We toured five homes.

Three we knew right away were no-gos. One was located by a trailer park (we prefer not to live near a transient community – this includes apartments, before anyone thinks I’ve anything unkind to say about trailers! We just want more permanent neighbors), one was WAY TOO SMALL, and one was located right by where construction was for a new Wal-Mart.

The fourth home we put an offer on, and the seller backed out. I was furious. The next day, a home with the same floorplan in the same community was available for sell and we pounced.

Post # 32
Member
1977 posts
Buzzing bee
  • Wedding: October 2013

We bought our first home in 2013. We saw 21 homes in a 2 week span. We put offers on 4 and finally got the 4th one. Fast forward to now and we are looking for a larger home. Weve been looking since July and have probably seen 50 homes. We have made one offer which was well over list price but got beat out by an ‘all cash’ offer. The market here is insane.

Post # 34
Member
1206 posts
Bumble bee
  • Wedding: September 2015

We looked at 7 or 8 and had only been looking for a month but that’s unusual in our area (metrowest Boston).  The market is so hot that most homes are sold the day they are listed or immediately after the first open house so it can be difficult to get something because there are so many other buyers and everyone offers above asking price.  I have friends and coworkers that looked for months and looked at 30-50 places before finding something.  I think we got lucky that we liked our house after seeing at the open house and went right back to our agent’s office to make an offer that was enough above asking.

Post # 35
Member
7161 posts
Busy Beekeeper
  • Wedding: September 2016

I live in a high COL place (Bay Area) where homes go off the market really quickly (many of them sell before they even go on the market). I had a co-worker who lost multiple homes because she and her husband would put in an offer and then someone else would come in with an all cash offer that was accepted.

We went to a crapload of open houses over the course of a couple years (not every weekend, initially) to get a feel for what was available and what was in our range. I got overwhelmed and took a break for a few months and then resumed the search. I think we went to about 15-20 tours in the time when we resumed seriously looking. I was super clear on what I wanted by that time, though, and was very fortunate to have my first offer accepted on the place that I most wanted (out of all the places we’d seen in our budget).

Post # 36
Member
1254 posts
Bumble bee
  • Wedding: October 2016

25 or so in a 3 day trip. Saw my home as the 5th or 6th but wanted to get a better feel for the market. Now husband and I are hunting. We’ve seen 4, looking at 3 more this week. One major contender so far but husband isn’t sold. I expect we’ll see 15 or so. We are limited to about 4 neighborhoods, so I’ll see anything that pops up in those!!!

Post # 37
Member
9528 posts
Buzzing Beekeeper

We’re in Silicon Valley and the market was crazy when we were looking (and i think it still is). We probably averaged 3-4 places per weekend over 6 months. Places were usually gone after one open house, so if we felt like we were at all interested, we wanted to take a look. We had an open mind about alot of things (2 vs. 3 bedrooms, various different neighborhoods, house vs. condo, etc.), so that meant alot of listings had potential. We ended up making 5 or 6 offers before one was accepted (and our offers were well above ask for all… just happened to get outbid by even higher and all-cash offers each time). It was a painful process but everything really does happen for a reason because we couldn’t love our place more 🙂

Post # 38
Member
9840 posts
Buzzing Beekeeper
  • Wedding: August 2012

Probably over a 100 over a few months.

Post # 39
Member
219 posts
Helper bee
  • Wedding: October 2016

We went to many open houses over the summer also to get a feel for what we’re looking for. Working with a realtor now, we’ve seen 10. We put an offer on one last week but it’s such a horribly competitive market that we’re almost positive we were out bid. We should hear back in a day or two so will continue viewing more. 

 

Houses in our area have been staying on the market a max of 1-3 days so we’re afraid it’s going to be a frustrating search. Too many people looking, not enough selling. 

Post # 40
Member
89 posts
Worker bee
  • Wedding: August 2017

View original reply
larissakay :  Only a handful, a house opened up in our dream neighborhood at a bargain (homes normally are outside of our price range) and we did not have the luxury to wait on it.  We were one of multiple offers and it was off the market within days (we were the winner due to having a large downpayment).

Post # 41
Member
89 posts
Worker bee
  • Wedding: August 2017

View original reply
lstrom :  I am in Southern, New Husband.

Post # 42
Member
2521 posts
Sugar bee
  • Wedding: July 2014

We probably saw 25- most of them were really horrible.  We were in a difficult price range and a really competitive market and houses look SO different in real life than online.  All of the houses we were most excited about online didn’t look great in person, and the house we bought wasn’t one we were particularly interested in until we saw it in real life!  I don’t think it is outrageous.  

Post # 43
Member
841 posts
Busy bee
  • Wedding: September 2013

I want to say 15-20.  We actively searched for about 3 months.

Post # 44
Member
327 posts
Helper bee
  • Wedding: May 2017

My poor realtor! It took me about 10 months to decide. And I toured easily 60 homes.

To be fair, I was single at the time and since I had no one to bounce thoughts and opinions off of, I wanted to see a lot to compare, and did a lot of homework. I am glad I took my time now. Because I managed to find one for a remarkable deal and (thanks to my uncle who owns a mortgage company) closed when the interest rates were at a 10 year low. 🙂

Post # 45
Member
1359 posts
Bumble bee

For my first home purchase (condo in Boston suburb) I went with the first place I saw in person, though I did see three afterwards on the same day. I knew when I walked in that it felt like home. I was very lucky.

For my second home purchase with my H (rural-ish NH), we saw two houses before finding our house and one house after on the same day. Again, we just knew when we walked (actually, when we pulled up in front of the house!) that it was our forever home. Again, I think we got very lucky. Most of my friends seem to look at 5-10 places in person before settling on one.

The topic ‘First Time Buyer: How many homes did you tour before buying?’ is closed to new replies.

Find Amazing Vendors