Should I Go To Open Houses Without My Agent?
I have been searching for a home in the Foothills since the beginning of the year. As many of the new listings are open on the weekend, my agent has been directing me to just go to the open house. She does show me the listings when there is not an open house. If there is a guest registry, I do sign-in noting that I am working with my agent.
Should I go to open houses without my agent? I have noticed that often other agents are there with their clients. We have made offers on two homes without success. By her not coming, is that impacting my chances of getting my offer accepted?
As you know it’s an extremely competitive real estate market in the Foothills. There are simply not enough listings to meet buyer demand. I believe if your Realtor cannot accompany you to the open house, she should at least view the home at some point before you write an offer. If your Realtor hasn’t taken the time to view the home, how can she advise you of the pros and cons. How will you decide how much to offer?
Yes, you can go to open houses without your agent. But if you are serious about buying that home, it will impact your chances if your agent has not seen the home. Likely you are competing with many other buyers. When your agent accompanies you to the open house it makes a statement: that they value you as a serious buyer. It indicates to the listing (seller’s) agent that they feel that their time is well spent with you.
A while back I listed a Highland Park fixer. I had over 20 offers. The highest priced offer was from a buyer whose agent had not seen the home. I phoned the buyer’s agent and informed him he had to personally view the home before we would accept his client’s offer. After he viewed the home, his client withdrew their offer. After that experience, it is particularly important to me when representing the seller that an offer is not accepted without the buyer’s agent visiting the home.
Best of luck to you on your home buying journey.