BRICK, NJ, Apr 28, 2024—An open house can be a fun, exciting time, with many potential buyers milling around the same space. But if you're unsure what to focus on while perusing, Rocco Switz, Real Estate Professional of Gloria Nilson & Co. Real Estate offers the following questions you should definitely ask the listing agent before you leave.
How long has the home been on the market? This question can reveal a lot about the space—especially if it has been for sale and empty. If the listing has been lingering on the market for longer than average, there may be a reason why, and you should investigate further.
Have there been any offers? If there are any current offers on the table, the agent will likely let you know without you asking, as the more interest, the better the chances of a bidding war. However, if there are no current offers, learning about offers made in the past can give you insight into how to navigate. "For instance, if the seller has already turned down several low-ball offers, you may know not to bother with a low offer," says Switz.
Have there been any renovations? You can usually spot a brand new kitchen or bathroom, but inquiring into any recent harder-to-notice updates—like the roof or electrical system in older homes—will give you good insight behind the value of the property, work needed, and how well it has been maintained.
Are there any known issues? "If the home needs a new roof, has some major plumbing problem or any other large issue, the agent is required to tell you," says Switz. Don't be afraid to ask the hard-hitting questions.
Have there been any recent price changes? You can find price fluctuations online, but asking the agent upfront can often spark a conversation about why the price has been changing, and allow you to better gauge how motivated the buyer is.
For more information on real estate, please contact Gloria Nilson & Co. Real Estate at rswitz@glorianilson.com, 732-552-6054, or Gloria Nilson & Co. Real Estate.
As a Realtor
my goal is to assist people in one of the most important events of their lives, and to always be aware of that responsibility.
My intention
is to place the client's wants and needs above my own and to do such an outstanding job that they will be eager to refer me to their friends and family.
My professional goals
are to conduct myself ethically, seeking win-win transactions and to grow and change within the real estate industry, providing my clients with the best possible service. My past clients have complimented me on my competence and negotiating skills.