If you're a first-time homebuyer, attending open houses can be both exciting and overwhelming. To help you make the most of each visit, I’ve put together some practical tips based on both industry best practices and my personal experiences with past clients. Whether you're actively house hunting or just starting to explore the market, these insights will prepare you to walk into any open house with confidence.
This guide is especially helpful for anyone searching for real estate in Brooklyn, NYC, or anywhere else in New York. If you're a first-time buyer looking for advice on buying a home, navigating open houses, or understanding the real estate process, this article is packed with expert real estate tips and open house etiquette to ensure you're ready for your next property visit.
1. Get Ready Before You Go
Get Pre-Approved for a Mortgage: While you don’t need a mortgage pre-approval to attend an open house, having one signals that you’re a serious buyer. It also ensures you're looking at homes within your budget, helping you avoid disappointment later.
Many first-time buyers assume they can wait until they find the right property to start the mortgage process. However, homes—especially in competitive markets like Brooklyn or New York City—can go under contract quickly. A mortgage pre-approval shows sellers and agents that you're financially ready to make an offer.
Research the Property Beforehand: It’s helpful to review the property listing online before the open house. Check the floor plan, photos, amenities, recent renovations, and neighborhood. This background knowledge helps you ask informed questions during your visit.
I remember a client who almost skipped an open house because the photos were poorly lit and uninviting. But after researching the floor plan and seeing its location near Prospect Park, they decided to visit—and they ended up submitting an offer the next day.
2. What to Do (and What Not to Do) at an Open House
How to Enter: Unless otherwise indicated, open houses are walk-in events. You usually don't need to knock—just walk in and sign in (many now offer digital sign-in apps). Introduce yourself to the agent and mention if you’re already working with a real estate agent.
Take Your Time and Observe: Be thorough during your walk-through. You’re not just admiring decor; you’re assessing the home’s condition, layout, lighting, and flow. Look in closets, check water pressure in sinks, and notice any signs of water damage or structural issues.
However, remember to respect the seller’s privacy. Don’t open dresser drawers or snoop in medicine cabinets. Ask the listing agent if it’s okay to check under sinks or test appliances.
Stay Organized: After visiting a few open houses, details start to blur. Take notes, bring a checklist, or snap a few discreet photos (ask first). Some of my clients create a spreadsheet to score each property on light, layout, storage, and “overall vibe.”
3. Questions to Ask at an Open House
Come prepared with thoughtful questions. Here are some important ones:
-
When was the home built, and what major renovations have been done?
-
Are there any known issues with the roof, plumbing, or electrical systems?
-
How old are the HVAC system and appliances?
-
What are the average utility costs?
-
For condos or co-ops: What’s included in the monthly maintenance or HOA fee? Are there any upcoming assessments?
-
What are the neighborhood schools like? Is the property zoned for a top-rated school district?
-
Are there upcoming developments in the area?
-
How long has the property been on the market, and have there been any price reductions?
I once had a client ask about a building’s pet policy—turns out the building didn’t allow dogs, which was a dealbreaker for them. Always ask about what matters most to your lifestyle.
4. Who is the Agent at the Open House, and Should You Have Your Own?
The person hosting the open house is typically the listing agent, who represents the seller’s interests. They are knowledgeable about the property but are not obligated to advocate for you as a buyer.
Should You Work with Your Own Real Estate Agent? Absolutely. Having a buyer’s agent means you have someone on your side to guide you, negotiate, and protect your best interests. If you already have an agent, let the listing agent know when you sign in.
Some buyers think going directly through the listing agent will get them a better deal—but this often isn’t true. The listing agent’s job is to get the best price for the seller. Your own agent can ensure you don’t overpay, miss hidden costs, or overlook red flags.
5. How to Make an Offer After an Open House
If you like the property, don’t wait too long. In hot real estate markets like Brooklyn, NYC, or Park Slope, properties can receive multiple offers within days.
Steps to Making an Offer:
-
Talk with your agent about your offer strategy.
-
Submit an offer sheet, including price, contingencies, pre-approval letter, and proof of funds.
-
The seller will review and respond—possibly with a counteroffer.
Earnest Money Deposit Explained: This is a deposit you make once your offer is accepted and contracts are signed. In NYC, it’s typically 10% of the purchase price and is held in escrow. You don’t need to bring a check to the open house!
6. Are Open Houses a Good Way to Shop for a Home?
Yes—open houses are valuable tools for buyers. Here’s why:
-
Convenience: You can visit multiple homes in one day without making appointments.
-
Market Education: They help you understand what’s available in your price range.
-
No Pressure Environment: You can browse freely and at your own pace.
Are Open Houses Only for Hard-to-Sell Homes? Not at all. In fact, many well-priced, move-in-ready homes hold open houses the first weekend they hit the market. I’ve hosted listings in Brooklyn that saw over 30 visitors on day one—and received several offers by Monday.
Is There a Lot of Competition After an Open House? Sometimes, yes. If a home is priced right and well presented, you can expect multiple offers. That’s why it’s important to be pre-approved and ready to move fast.
7. Final Tips and Advice for First-Time Homebuyers
-
Take Notes: Jot down impressions right after your visit—what you liked, what you didn’t.
-
Look Beyond the Staging: Focus on layout, functionality, and long-term needs—not just the cute decor.
-
Ask a Lot of Questions: The more you know, the better your decision-making will be.
-
Think About Resale Value: Even if you’re buying your “forever” home, consider whether the property will be attractive to future buyers.
-
Trust Your Instincts: If something feels off—even if it looks perfect—ask more questions or take another look.
Open houses are one of the best ways for first-time homebuyers to explore the real estate market, especially in competitive areas like Brooklyn, New York City, and surrounding boroughs. By preparing ahead of time, asking the right questions, and knowing what to expect, you’ll be well-equipped to make informed decisions.
Whether you're looking to buy a brownstone in Park Slope, a condo in Williamsburg, or a starter home in Bay Ridge, attending open houses with confidence can give you a huge advantage.
Need help preparing for an open house or making your first offer? As a licensed real estate expert in Brooklyn and NYC, I’m here to guide you every step of the way. Contact me for personalized advice and property recommendations tailored to your goals.