I'm buying new construction in St Augustine. I don't need a Realtor

By
Real Estate Agent with Keller Williams First Coast Realty - The Marro Team
"I'm buying new construction in St Augustine. I don't need a Realtor." According to yesterday's morning office meeting, this is a common misconception from local buyers. According to the consenus, buyers believe that they will receive a better deal on new construction in St Augustine if they don't hire a professional to represent them. It sounds like buyers need to understand the job of a Realtor more thoroughly.
 
Buyers will not receive a better deal by purchasing a new construction home on their own. In fact, frequently they will not receive as good of a deal. Often Realtors are aware of specials that the builder may currently be running, or have run in the past that may get them more upgrades at the same price.
 
st augustine home stagingIf the buyer opts to not hire a Realtor, then they will not have anyone representing them when something goes wrong. I remember purchasing my first home, which was in fact new construction. My contract specified that I would have a window seat put into the master bedroom. It was an upgrade that I really wanted. As construction commenced, my Realtor noticed that rather than a bumped out window, the style usually used for a window seat, the builder put in a bay window. Apparently they had misread the contract when they were building and put in a higher upgrade than I requested. Since I specifically wanted a window seat, and not just a bigger window, they were required to add the seating to the bay window - an extra $1500 upgrade. If I did not have a Realtor, I would have been left on my own to fight the builder on the upgrade they wanted to give me over the one I really wanted - and ended up getting both at no extra cost.
 
The site agents always represent the builder. Their goal is to create as much profit for the builder as possible. The builder has built the price of the home to include working with Realtors. They rely on them for business. Buying without representation is never a good idea. As a buyer, you should have someone looking out for your best interests. You aren't paying extra for it, you are simply getting what you are already paying for.
 
If you are considering buying a new construction home in St Augustine, hire a Realtor who understands the new construction market.
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 Author Bio: Melissa Marro, Home Staging Industry leader, Realtor, and entrepreneur offers a unique perspective on New Home Construction, Resale Residential Real Estate, and Home Staging

For more information on buying or selling in the Fleming Island, Orange Park, or Jacksonville, area, visit StageListSellNEFL.com or call Melissa Marro (marro.melissa at gmail.com), Keller Williams First Coast Realty, for more information (904-466-2093).

 

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Topic:
Home Buying
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Florida St Johns County Saint Augustine
Groups:
The Art Of Marketing You
Florida Rain Makers
VACANT HOUSE STAGING & NEW HOMES
Florida Real Estate Investors
Condominium Connection
Tags:
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st augustine real estate

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Rainmaker
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Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

It just makes sense to have someone looking out for you...it's too big of an investment to risk.  

Jul 26, 2012 06:56 AM #1
Rainmaker
443,584
Melissa Marro
Keller Williams First Coast Realty - The Marro Team - Orange Park, FL
Jacksonville Real Estate and Home Staging

I agree Tara. I was surprised to hear how many agents say here in St Augustine that buyers aren't using a Realtor when shopping for new construction. It's always a bad idea to have no representation. 

Jul 27, 2012 11:33 PM #2
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Rainmaker
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Melissa Marro

Jacksonville Real Estate and Home Staging
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