So you want to buy a brand new home. Should you work with an agent or just walk into the builder's sales office and check out the model homes?

Builders are affected by this "buyer's market" just like other homeowners. So they are offering incentives to attract buyers.

One incentive is a commission to real estate agents who bring prospective buyers to the sales office. If an agent accompanies you on your first trip to visit the models, most builders will pay the agent and you can benefit from the agent's professional advice.

So, what can an agent do for you when you purchase new builder construction?

First you need to know that the agent's role will be less than if you bought a resale home. When you buy a resale, your agent will represent you throughout the entire purchase. The services an agent can provide for new construction are limited but still valuable.

A recent survey by J.D. Power and Associates revealed that builders will now give a buyer an average of $16,500 in incentives. These incentives can come as a reduction in the base price of the home or free upgrades. An experienced agent can help you get maximum incentives.

In addition, your agent can offer advice on your purchase such as insisting upon the right to a professional home inspection, a function most builders will insist you don't need.

If your are considering new construction in the Inland North County portion of San Diego, it would be my pleasure to help you and, assuming the builder is cooperating with brokers, my service will be free.

 

1 Comments on "Buying New Builder Construction"

AUG
06
2009

Great blog on RB. Keep it up.

Your name is great too. I know who I will be calling for my next project

http://www.remodelingsd.com
tD
4:22am • #1


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Don King

Rancho Bernardo, CA

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RE/MAX Rancho Bernardo

Address: 10413 Craftsman Way, San Diego, CA, 92127

Office Phone: (858) 487-2308

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This blog is about the wonderful community of Rancho Bernardo, California and will provide tips for home buyers and sellers.


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