Spring Time for Hoboken Open Houses

With the arrival of Spring and warmer weather, Hoboken is seeing more and more open houses every weekend. All one has to do is walk up and down Washington St. to be pointed in the direction of an Open House. Hoboken buyers entering the buyer’s market have many condo choices to choose from. Open houses are a great educational tool to begin in your Hoboken condo search. They not only familiarize a Hoboken buyer with the market and pricing, but they also let the buyer view properties at their own pace.

Questions to ask a Realtor at a Hoboken Open House

1. How long has the property been on the market. Usually how well a condo is priced is an indicator of how long a property may remain on the market.
2. What is included in the sale and what is excluded from the sale? Sometimes sellers exclude certain lighting fixtures or other attachments. Sometimes sellers include plasma mounted televisions. Always a good idea to ask.
3. Are there any offers on the property? The Realtor cannot tell you what those offers are for, however if you really like the condo, it’s good to know if an offer has been made that way you don’t lose out on making an offer.
4. How long has the seller lived in the property and why are they selling?
5. Are there any other condos for sale in the building? You may love the building, but hate the interior of the condo. The Realtor at the open house should be able to tell you what else is for sale in the building and perhaps show the condos to you.

Things to keep in mind while attending a Hoboken Open House

1. If you are working exclusively with a Realtor, be sure to inform the sitting agent at the open house that you are working with exclusively with that Realtor  and either give them your Realtor’s business card or sign into the open house with your Realtor’s contact information.
2. If you have any feedback on the property, tell it to the sitting agent. Sellers want to hear what buyers think of the property. Maybe the price is too high or the condo does not show well. This feedback may help the seller in selling their property.
3. You may be asked to register when at the open house. For liability reasons, real estate companies may ask for your name and phone #. If you do not wish to be contacted, please let the sitting agent know. Your privacy should be protected.