Open Listings

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California & Washington

137 posts

4 things you need to know about preliminary title reports

If you’re planning on buying a home, it’s probably best that you put your book of the month subscription on pause, 'cause with most major life (and financial decisions), the process of purchasing a home involves a lot of reading. From sellers’ disclosure documents to rent rolls to floor plans to stacks on stacks on stacks of property reports, buyers must sometimes wade through quite a bit of dense documentation before they actually buy a home. Disclosure packages

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Here’s 3 tips to avoid rejection when you make your offer on a house

We all know rejection sucks. House hunting is a very emotional process. Finding a home you really love only to have your offer rejected can be confusing and frustrating. The experience can feel personal and leave buyers apprehensive to make another offer. But, the fact of the matter is that offer rejection is a very common part of the process, especially in seller’s markets. Some might even call it a right of passage on a buyer’s journey to

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What will $225,900 get you in Chicago right now?

Ok, we know what you’re thinking, “$225,900 is a super random number.” But, it's actually not so random: turns out the median value for a home in Chicago is $225,900, with an average price per square foot of $242. That’s not bad. But, what’s even better for Chicagoland house hunters is that the market in Chicago isn’t very competitive right now. While it’s not a exactly a buyer’s market, anyone looking to

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If at first you don’t succeed: when your offer on a house gets rejected

Unfortunately, not every offer on a home is a winner, especially in competitive markets. But, that’s not to say that you should just sit back and wait for fate to take its course. If you’ve had bad luck with submitting offers and want to make sure that the next one you submit sticks, we’ve laid out some of our best tips to help you get noticed by sellers. Here’s how to stand out from the crowd

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Closing on a home? Here’s 3 big mistakes to avoid.

Everyone makes mistakes. But, in real estate, sometimes the wrong move can mean the difference between becoming a homeowner and losing out on the property that was meant for you. With that in mind, we’ve brought you three surprisingly common closing mistakes to avoid when you’re about to buy a home. These are the things that trip buyers up most often and can cause huge problems in a transaction. Here’s what to consider when you’re going

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What is PMI? Breaking it down

Like many terms in the real estate industry, it can be hard to really get a handle on what a term like "PMI" means, but we’re breaking down the facts behind PMI once and for all. Read on to see what it actually means, how it works, and why it may have gotten a bad rap. So, what exactly is PMI? “PMI” stands for Private Mortgage Insurance. These days, it’s common for lenders to require it

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Buying your first home? Here’s 5 things to consider.

Buying a home for the first time is a bit like training for a marathon. A successful end result depends heavily on preparation. After combing through feedback from our buyers and drawing on knowledge from Open Listings buying agents who have helped buyers purchase almost $1 billion worth of homes, we’ve come up with some insights to help get you through the various different stages of your home-buying journey. Here are a few key things you should know to

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Relocating? Here’s a few services that might come in handy.

Relocating isn’t easy. For one thing, it usually happens quickly, and, for another, there are a ton of different logistics to consider. It’s easy to see how people can get overwhelmed trying to manage this process. That said, though, with the right tools at hand, it’s absolutely possible to get through your move without breaking a sweat. With that in mind, we’ve brought you a list of relocation resources that you can use to help put

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Here's the 1 major 🔑 new homebuyers learned from their first rejection

While there's lots of things we can’t tell you -- such as when you should leave home to avoid standing traffic on the freeway or how long that avocado will actually last in your fridge (because, you know, avocados gonna avocado) -- we can provide some insight into one crucial pitfall many new homeowners wish they’d avoided before they experienced their first offer rejection during their homebuying process. While this should come as no surprise, rejection doesn’t

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Homebuying resources for veterans in California

Memorial Day may have come and gone, but at Open Listings, we are committed to helping veterans and their families year-round. Fortunately, California is also has the same mission at heart. Our home state is a cut above in the number of programs available to help returning and active-duty service members find stable housing and employment. As a thank you for your service, we’ve compiled a list of those resources below. Read them over to see which ones might

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Buying a home this Summer? Here's what you need to know.

Time to rejoice: Summer's almost here. 'Tis the season to embrace long weekends, swap that rosé for frosé, and take in the ever present aroma of outdoor grilling. For those whose summer plans include looking for a new home, the good news is that with the right expectations, you’ll find that that Summer is an excellent to purchase. Intrigued? Well, keep on reading. Real estate is cyclical in nature The real estate market tends to hibernate during the colder

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The art of the deal: how to figure out what to offer on a home

So, you've found a home you could really see yourself living in. That’s when the real fun begins: sitting down and making that offer. As we’ve discussed before, offers have many different components, but the biggest factor among them is the price. Before going any further, you’ll need to figure out what to offer on the home. So, we’ve rounded up a set of considerations to help you land on a price that feels comfortable to

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When is making a back up offer worth it?

So, you’ve finally found the perfect house, except there’s just one little problem to contend with: it's already under contract. While you probably think it best to move on to other options that are still available, you should know there's another option to consider: the possibility of submitting a backup offer. So, exactly what is a backup offer? At first, the concept of a “backup offer” can seem fairly simple. After all, it’s just what it sounds

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What’s love (and real estate) got to do with it?

First comes the home, then comes marriage in the millennial age With Memorial Day weekend recently kicking off the unofficial start of Summer, America’s kicked into both peak homebuying and wedding season. Open Listings’ own internal data shows that June is the most popular month to buy a home in major metro real estate markets such as Los Angeles, Austin, and Chicago. June is typically followed by August as the second busiest home buying month after homebuyers take a

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It’s not you, it’s me: breaking up with your real estate agent

So, things with your agent haven’t been going the way that you’d hoped when you first started searching for a home. How do you handle the situation? Even though no one wants this outcome, sometimes the only solution is breaking up with your real estate agent once and for all. That said, there is absolutely a right way and a wrong way to handle this delicate conversation. If you’re looking to make sure that you end up

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