DO YOU NEED YOUR OWN REALTOR WHEN BUYING A NEW CONSTRUCTION?

(The short answer is yes!)

Anyone with the financial resources to buy a new home can go find a builder and purchase new construction. Unfortunately, doing things this way puts the buyer at a considerable disadvantage.

The agent at the builder’s site represents the builder, not you.

When buying new construction, it is imperative that you have a buyer’s agent - someone who is in your corner - representing your best interests. Keep in mind that the real estate agent working for the builder is focused on the best interests of their client – the builder. You deserve to have your own agent, someone who will be looking out for you.

There is absolutely zero cost for a buyer to have someone represent them.

Some new-home buyers believe that if they do not use a buyer’s agent for purchasing a new home, the builder will reduce the home price by the amount of the commission that would have been paid. This is simply not true. Builders don’t want to lower prices because that will have an impact on future home sales and comparables in that neighborhood. Furthermore, builders expect to pay commissions to buyers’ agents, so they figure that cost into their marketing budgets. Buyers who opt out of working with their agent are Not saving themselves any money. The commission that was not paid will go straight to the builder’s salesperson, or the builder will keep it as profit.

• Your agent can help ensure you hire the right builder
• Your agent can help guide you when it comes to the lot, location, and neighborhood - things that may impact the long-term value of your property
• Your agent will negotiate on your behalf - the builder may not be willing to lower the price but they may be willing to give other concessions
• A buyer’s agent can guide you on appropriate upgrades and plan modifications with the highest return on investment
• Your agent will make sure all the paperwork, including the contract, is in order
• Your agent is a professional that will represent you through the entire buying process – from comparing the best loan options to scheduling home inspections and providing resources for insurance – you will have someone on your side

BUILDERS Actually WANT YOU TO HAVE YOUR OWN REALTOR

Builders spend a great deal of money advertising to Realtors to bring clients to them. They know you are serious about buying a home if you have a professional Realtor representing you & your Realtor will help guide you through the often long and detailed process of buying new construction therefore freeing up their sales agent’s time.

YOU MUST BRING OR REGISTER YOUR BUYER’S AGENT WITH THE BUILDER AT YOUR VERY FIRST VISIT

Even though a friendly sales agent will greet you with a smile the moment you walk through the door of the sales center, don’t forget that they work for the builder. Bring your own agent with you starting with your very first visit — in fact, many builders require your agent to register with them from the beginning in order for them to be involved in the process and represent you.

With a professional you trust by your side, you’ll rest easy knowing someone is there to protect your money, your time, and your new home.

If you have any questions or would like any assistance with New Construction, please contact me 904-759-8002.