Spring is in the air and the real estate market is on the move. Are you in the market to buy a new home? Are you considering new home construction? Let’s talk a little about builders vs. Realtors. There are many advantages to buying a new home...you’re starting fresh with choosing the paint, the flooring, the kitchen cabinets…you get my point. There is so much excitement in planning how you want your dream home to look but don’t forget to make sure your best interests are being protected. While you’re out and about looking at model homes and talking with the salespeople, remember that the salesperson’s sole responsibility is to the builder and the builder’s financial best interest. They may or may not be a licensed Realtor. If they are, they will explain about “disclosed dual agency” and their responsibility to both the buyer (you) and the seller (builder). The non-licensed salesperson is there to solely represent the builder. Without proper representation, this could be trouble for you.
What does a licensed professional Realtor do for you? We are looking out for YOU every step of the way. From contract negotiations to helping resolve disputes during the construction phase, we are there to protect you and your financial investment. Contracts can be intimidating and it’s vital to have the right Realtor negotiating on your behalf and protecting your future.
Real estate commissions are typically paid by the seller. In the case of a new home construction, the builder is responsible for paying the commission. Foregoing your own professional representation does not mean lower costs or more incentives for you as the buyer. Always remember, if it sounds too good to be true, then most likely it is!
Whatever path you choose to take when buying your next home, we’re always here to help.
