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Can A Builder Fire A Buyer?

Reblogger
Real Estate Agent with Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team 93383

 

Yes....You just have to pay what you owe for the work done.  You have a contractrual agreement and you will need an attorney to break it.

 

Original content by Liz and Bill Spear SAL.2002007747

Greater Cincinnati new construction homesCan a builder fire a buyer?

After all, isn't the saying "The customer is always right!!"??

So if the customer wants something shouldn't the builder work to take care of the buyer's desires?

Or can a builder decide the buyer just isn't worth the hassle?

Well, I'm obviously NOT an attorney, but if you consult one who has access to the typical Cincinnati area builder's contract the attorney will probably tell you a few things after reviewing the contract:

1.  The contract is DEFINITELY written in the builder's favor

2.  There are clauses to protect the builder (e.g. delivery time can be MUCH later than the usual 5-7 months)

3.  If you violate the contract you're at risk of losing your sizable down payment

For the most part, builders DO want to maintain favorable relationships with every buyer.  After all, you know the saying that a disgruntled customer will tell MANY more people about their experience than a happy client, so happy buyers are good for the builder's business.

But if you've ever heard the stories about the Bridezillas, then it's not a far leap to imaging some Buyerzillas out there too.  Demanding changes the builder can't easily make.  Wanting things for free that normally carry a charge.  Bucking the schedule and delaying the process.

A builder MAY choose to tolerate some of what they consider "misbehavior", especially if demand is down.

But if the market is strong and a builder knows they could sell the same lot and a comparable home next week, why would they add the stress to their lives? 

So the short answer?  Yes, a builder CAN fire a buyer.

Last year we had a buyer contact us and prior to contacting us she'd had a local builder's legal department send her a "don't contact us, our reps, etc." letter.  They'd had enough.

And we know of buyers that have gotten termination letters from builders because the buyer's demands had gotten out of hand.  They'd had enough.  Get with the program, follow the contract you agreed to, or you can go somewhere else to build a home.

Two different builders, same response. 

Thinking about Cincinnati new construction?  Hire me to help you.  The major Cincinnati builders all factor agent commissions into the price of ALL their homes and they don't provide a discount for NOT using the services you're already paying for.  So with that in mind, why wouldn't you call 513-520-5305 and put me (Bill) to work for you?  And please make that call BEFORE you walk into the builder's model or both of us will be out of luck!  Let me make the introduction, that's just one of the first steps in what I'm being paid to do for you!

 

Again, just give Bill a call at 513-520-5305 or email Liz@LizSpear.com and we can discuss how we can help you with your new construction home search! 

Serving Greater Cincinnati home buyers and sellers,

Bill of Liz and Bill aka BLiz

 

Serving Warren County Ohio & Adjacent Areas


The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

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Comments (1)

Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Thanks for the reblog!

Jan 15, 2019 12:40 PM