- 8 years ago
- Wedding: November 1999
From a buyers perspective open houses certainly do have their uses.
We have been looking on an off for a couple years with and without realtors. If we want to get an idea of pricing for a neighborhood we will go see several open houses to get an idea of their state of repair/location vs price. We have come across places that were better than we realized from the pics and vice versa.
Open houses still serve a purpose, definately. If for no other reason we would see the sign for the open house and look it up to check out the picks.
Condos are a tough sell. We are renting in a condo complex and only the cheap condos in pristine/renovated condition are going otherwise they are severly discounted to get them moving. But each area will be different.
Condos are the first to rise in value and the first to fall which makes them tougher to sell in down times.
EDIT: and yes, we are the we do everything from our smart phones type people. We constantly use the Realtor app to see what things cost as we drive around and use that in conjunction with open houses. We learned that you have to be there to truley learn what you like or dont like about a house. What can be updated easy or not. And talking to the realtor can give you an idea how flexible the pricing is as well.