2010 Apr 30th

On Tap for the Weekend: Arts, Music and Open Houses – The Hoboken Open House Google Map

Every Open House in Hoboken this weekend as compiled from the Midweek and Hoboken Reporter, the MLS, every Realtor website and email and Craigslist courtesy of the Turoff Realty Team.

A&M Fest PosterHi boys and girls,

Sunday will be the Spring edition of the Hoboken Arts and Music Festival, and it looks like the weather is going to cooperate, put on your sun screen and head out for a great day featuring one of my favorite bands (and personal friends) Fountains of Wayne.  Now one might think that with the Festival going on there would be no open houses scheduled on Sunday, and on Washington, Bloomfield and Hudson that’s pretty true.  But there are a surprising number on the other streets, particularly on the far west side of town.  I did a quick count and there will be 38 OHs on Saturday and 29 on Sunday.  Lately there have been upwards of 100 OHs advertised every weekend so this represents fewer OHs than normal, but I’m still surprised at how many are scheduled for Sunday.  

Also – for buyers looking to budget your time, make a mental  note that 22 of the 38 Saturday OHs and 23 of the 29 Sunday OHs are being held from 1 to 3pm.  For sellers, that means that if you schedule your open houses from 1 to 3 you probably have the greatest concentration of buyers out shopping, but you also have the greatest amount of competition from other listings.  Good luck and have fun.

When you look at the map, place markers are color coded:

New listings are marked with a “New Listing” icon.

Click on the location marker for:

Want to know which open houses are on Saturday and which only Sunday? Click on “tools” at the top of the list and enter the word “sat” or “sun” (without the quotes) into the search box.

Did you know that the agent hosting an open house is the Seller’s agent?Whether it is the actual listing agent or any other agent from the same company, that person legally represents the sellers.  Not only that, the hosting agent – by law – has a fiduciary duty to the seller to get that seller the highest possible price for that property.  Do you think it might be a conflict of interest for that same person to then represent you?  Many people think so.  In fact, in many states (other than NJ) it is illegal for the same agent to represent the seller and also work with the buyer.

Did you know that when you go to an open house you can see the property at the open house on your own and, if you like it, go back to it with your own agent?You can!  So if you see something you like at an open house you might want to consider finding your own agent who does not work for the seller.Just because you walk into an open house does not mean that the hosting (seller’s) agent gets to “claim” you as his or her customer – even if you “sign in”.  You are the consumer.  You are spending your hard earned money on what is probably the biggest investment you will make in your life.  Don’t you think you should be able to work with whom you choose?

Questions? Text us at 201 993 9500.

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