Newspaper article The Queensland Times (Ipswich, Australia)

Here's How to Avoid 'Open House Fatigue'; Spending Your Weekends Looking at House after House? Are They All Starting to Look the Same? We Have the Answers

Newspaper article The Queensland Times (Ipswich, Australia)

Here's How to Avoid 'Open House Fatigue'; Spending Your Weekends Looking at House after House? Are They All Starting to Look the Same? We Have the Answers

Article excerpt

WHEN you're looking to buy an investment property, attending open homes can be an exciting part of the process.

But when you're spending all your Saturdays driving around and doing marathon open homes, it's time to rethink your strategy.

Here are some ways to avoid the stress of attending too many property inspections and finding the right investment property sooner.

Have a plan

Approaching inspections strategically would go a long way in reducing open home fatigue according to Jeremy Sheppard, creator of DSRData.com.au.

"I think having a planned approach to inspections will alleviate some stress. When you inspect, look for anything that didn't appear in the ad, couldn't be found online and won't appear in a building or pest inspection report, he says."

These include the following:

Looking over the back fence

Taking a snap of the place next door

Having a quiet moment to gauge noise

Finding eyesores and their solutions

Checking ceiling height

Smells

Orientation

Sunlight

Take photos and/or videos.

At the end of a long Saturday, you won't remember which property had the pimped kitchen and which had the nasty bathroom.

And pouring over the photos later, you'll see things you didn't notice on the day like air conditioning ducts not appearing in bedroom three.

Avoid inspecting on Saturdays

There's no rule that says you should only attend inspections on Saturdays.

While it's the most popular time for open homes, you can always call the agent to request a weekday viewing instead.

This will help you avoid the crowd and also spread out the number of inspection across the week, not just in one day.

Inspect half of the properties

There's no point inspecting a dozen of properties if you're distracted by your tiredness and your brain starts playing tricks on you.

"If you try inspecting more than half a dozen a day, your mood will deteriorate towards the end and likely to cloud your judgement," says Sheppard. …

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