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Do I Need a Richmond VA Realtor to Buy New Construction?

By
Real Estate Agent with RVA Home Team 0225195925

Do I Need a Richmond VA Realtor to Buy New Construction?

Home in Collington VAMany home buyers are under the assumption that they do not need a Richmond VA Realtor to buy new construction. Technically, that is correct. Then again, technically, you don't need a real estate agent to buy or sell a resale property, either. Most people see the benefit of having a Realtor by their side yet are often willing to forego an agent when building. Why is that?

The Benefits of a Richmond VA Real Estate Agent with New Construction

There are many benefits to having a Richmond VA real estate agent when building your dream home. Let's take a look at them:

*Contrary to popular belief, an agent oftentimes CAN negotiate a better price, or options, on your behalf. Sure, you can try to do this on your own but you are not armed with the market data that a skilled Realtor has studied. Partner with the EXPERTS!

*You have your very OWN representation, someone who puts YOUR needs above their own. What about the site rep? They work for the builder, which is the SELLER. They are there to look after the best interests of the builder, not yours.

*A Realtor can help you with selections for your new home, taking into consideration market trends and resale value. Now, if you really want those purple countertops we are not going to stop you but you better believe we will at least point out the downside for when you move on.

*Dedicated agents will encourage you to have a home inspection, two actually, and they will be present to help you decipher the real estate lingo the project manager will be throwing at you. (TWO inspections? Yep. If you don't know what they are, make sure you have a REALTOR!)

*A great agent will be at the final walk-through and closing to make sure everything is tied up in a nice, pretty bow. Did you cho0se stainless steel appliances and the builder put in white? Your Realtor will help you make it right. Things can, and sometimes will, go wrong. Having a professional along for the ride will take a lot of stress off of you so you can focus on the fun stuff like...PAINT!

*Speaking of paint, your agent will be a wonderful resource for you BEYOND the closing. Need a reputable painter? Check. Need a electrician to install those custom chandeliers you purchased? We have you covered. Need to know who has the best pizza in RVA? No worries, we are local experts and will gladly share our knowledge!

Pitfalls of Having a Realtor During the New Construction Process

Now that you know the pros of having a Richmond Realtor to assist you in the new construction process, what are the cons? Take a look:

* Nada. Nothing. None. Zero. Zilch. Zip.

I honestly can not think of one reason why it would not be to your advantage to have your own representation.

How Much Does a Realtor Cost When Purchasing New Construction?

Many buyers building new construction think it will cost them money to have a Realtor but that is generally a misconception. Most builders will cooperate with real estate agents and pay their commission! In most cases, it will cost you NOTHING!

Richmond VA Real Estate and New Construction

Thinking about buying new construction in the Richmond VA real estate market? Don't go it alone! It is important to secure your agent BEFORE you visit a sales center! Contact your Richmond VA Realtor, Shannon Milligan at the RVA Home Team with Keller Williams Realty, today!

New Construction Homes for Sale in Richmond, Virginia

Curious about new construction homes for sale in Richmond, Virginia? Click on the link below!

New Construction Homes for Sale in Richmond, Virginia 

Originally published at: http://www.rvahometeam.com/richmondvanews/richmond-va-buyers/do-i-need-a-richmond-va-realtor-to-buy-new-construction/

Posted by

Shannon Milligan, Associate Broker/Realtor

RVA Home Team

Winning with Integrity

eXp Realty 

6802 Paragon Place #410, Richmond, VA, 23230

804-248-8207 (cell)

www.rvahometeam.com

 

 

 

Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Buyers of new construction need representation and should definitely contact Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker.

Jan 12, 2016 10:38 PM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker

Thanks! I am often taken back when I speak to friends and they have built thinking they couldn't use my services. I always felt like I have educated on this topic but I guess not enough!

Jan 12, 2016 10:40 PM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

It is far better to have someone working for the buyer in a new construction purchase.  The salesperson only works for the builder.  Why go in un-represented.

Jan 13, 2016 01:11 AM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker

It makes the process so much easier! 

Jan 13, 2016 03:44 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

This is an excellent post Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker with great information for the buyer of new construction. I have clients now under contract with a Builder. Lucky for me, they were able to have the Builder agree to pay my commission but it hasn't been as easy as it could have been from the onset. My clients signed paperwork with the Builder while I was out of town. At that point, I couldn't help them negotiate anything - period. 

Jan 13, 2016 04:33 AM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker

And that is exactly what happens WAY too often, the clients don't realize WE need to be there from the start. 

Jan 13, 2016 04:39 AM
Pat Starnes-Front Gate Realty
Front Gate Real Estate - Brandon, MS
601-991-2900 Office; 601-278-4513 Cell

Shannon, this is a great article explaining the advantages of working with a buyer's rep when buying new construction. Realtors across the nation need to explain how it "works" to all their buyer clients.

Jan 13, 2016 06:35 AM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker

Thank you! Sometimes we hear stories of site agents steering buyers away from their agents and it is just so wrong. 

Jan 13, 2016 07:02 AM
Roy Kelley
Retired - Gaithersburg, MD

Prospective home buyers will be in good hands when they use your professional real estate services.

Jan 13, 2016 11:34 PM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker

Thanks, Roy!

Jan 14, 2016 05:21 AM
Elyse Berman, PA
LoKation Real Estate - Boca Raton, FL
Boca Raton FL (561) 716-7824

Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker Yes, yes and yes!  I see it all the time and I don't understand why buyers just don't get it.   The builder is out to sell houses and is out for himself.   Buyers think they will get something off the price if they go without an agent - big mistake!

Jan 14, 2016 10:34 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Shannon. You have shared a lot of important information for any prospective buyer that is considering the purchase of a new home.

Jan 14, 2016 05:41 PM