New Construction
Do I need an agent to help me buy a new construction home? It is a question we hear all of the time. It seems simple enough, especially after touring a display home. How hard can it be; picking appliances, choosing special features and accessories… especially when there is a helpful builders agent to help. In fact, there are surprising challenges that can arise when purchasing a new construction home. In this page, we will walk through some of the biggest reasons you should work with your own agent.
Top Five Reasons To Work With A Buyers Agent For New Construction
Reason One: One of the best perks of working with an experienced agent is that it can feel like they know everybody. Painters, plumbers, florists, teachers… agents have a way of networking in the community in a big way. This is a skill that they put to good use for their clients. They know the reputation and skills of many working in the real estate industry. When you work with an agent, they can put these connections to good use by steering their clients in the direction of only the most reputable of builders.
Reason Two: One of the main rules of real estate has been burned into the public consciousness; location, location, location. This is such an important piece of the puzzle when determining the right house for a buyer. Is it in the right school disctrict? The right community? More than these basics, new construction marketing materials are made to showcase the neighborhood in the most glowing terms. But do you know the right questions to ask? Is the lot you are selecting on a slope? Does it come with a large drainage ditch in the back yard or a utility box? An experienced agent can help guide you through some of these potential pitfalls.
Reason Three: It is easy to get caught up in the buying process, especially for new construction projects. All of the glossy features and finishes can seem really appealing, but will they add the commensurate value to your home? No one wants to pay too much for a product; especially when it comes to a very expensive investment like your home. The right buyers agents can help advise you on the features that will add the most bang for your buck in your home. Some improvements can really add value, while others may be paramount to throwing money away. Don’t you want to know which is which?
Reason Four: Buying a new home is a big investment. For such an important purchase it is important to have someone on your side of the negotiations. A buyers agent comes to the table ready to negotiate on your behalf. A builder’s goal is to sell the house at the highest part the market will bear, and rightfully so. But by definition, their interests are not the same as yours when it comes to negotiating a price. Even with special incentives and reduced fees, the builder’s negotiating standpoint is to their own benefit. Working with a buyer’s agent will ensure that someone is on your team in the process.
Reason Five: Even after the contract has been signed, there is much work to be done. From inspections to walk-throughs to signing everything at the closing table; a buyer’s agent is there to help walk you through the process and ensure you understand what is going on. It is important to have someone who works for you to make sure you are comfortable with everything that is going on.
When buying any home it is always wise to have an exclusive buyer’s representative in your corner fighting hard for your best interests. There are so many questions that can come up when buying new construction. If you are interested in buying a new construction home, let us help you today!