ARE YOU THINKING OF BUYING NEW CONSTRUCTION?

Don’t go it alone, let us be your guide, HERE’S WHY:

REPRESENTATION– The Sales Representative in the Builder’s sales office works for the Builder and represents the Builder’s best interest NOT YOURS.  An independent Real Estate Agent represents YOUR interests and advocates on YOUR behalf.  Additionally, a Real Estate Agent will help you get the most value for the least amount of money and make the transaction easy and frustration free.

AGENT FEES– Buyers do NOT pay the Real Estate Agent fees, the Builder does.  Builders view commissions to Agents as part of their cost of doing business.  In fact, they rely on outside Agents to bring clients to them.  Builders will NOT credit Buyers the commission they would otherwise pay to a Realtor.  Therefore, there is no downside and no cost on your end to have an outside Agent represent you.

NEGOTIATIONS– A Realtor will negotiate on your behalf and know what is and what is not negotiable and as you can imagine it varies by builder.  Many Builders will cover some closing costs, include a warranty, include free upgrades or appliances.  Builders are far more likely to negotiate on fees or upgrades than they are on price. An experienced Agent will help guide you through negotiations and ensure you are getting the most for your money.

 

INSPECTIONS– You may want to consider a home inspection when buying new construction. A Builder does not necessarily want to inspect itself, and if they did would you trust they have YOUR best interest in mind?  Often times homeowners think a new home warranty will cover any issues that arise, in certain instances, it does not, so having an inspector not affiliated with the Builder can be helpful.

FINANCING– When you are buying new construction, the Builder usually offers financing, but is it the best financing available? Even a small increase in the interest rate could have a significant impact on your monthly payment or the total amount you pay for the home.  An experienced Real Estate Agent will be able to connect you with reputable lenders so you can compare rates.

CONTRACT– When it comes time to sign the contract, an Agent will help you understand the Builder’s contract. Some contracts are over 50 pages long and mostly builder-friendly.  It is important you have someone there (besides the Builder’s Salesman) to help you understand the contract and let you know what you are signing.

REGISTER– If you want to be sure you have someone looking out for your best interest, be sure your Agent is with you on your very FIRST visit to the Builder. If you do not, your Agent will not be able to represent you and watch out for YOUR best interest.  We are experienced with new construction, so there’s a good chance we already have a working relationship with the Builder and the community for which you are interested.