Why Go With a BUYER'S AGENT when purchasing New Construction.

By
Real Estate Agent with eXp Realty 3028646

Why go with A BUYER'S AGENT when purchasing New Construction.

Looking to buy new construction in Howard County?

 

 

1. A Realtor's expertise is free to you - The builder pays the buyer's agent a commission for representing the buyers.  Many buyers mistakenly believe they will get a better deal if they do not use a buyer's agent. The buyers assume that since a builder has to pay the agent a commission, they would be willing to pass those savings on to the buyer if they do not use an agent. This is not true. In fact, builders charge the same price for a house regardless of whether or not you use an agent. 

2. Have a realtor on your side through negotiations.  Realtors look out for your best interests, as the purchase is negotiated. The model home salesperson is working for the builder, not you - the salesperson represents the builder. Their main goal is to sell you a home at a price that maximizes profit for the builder. A buyer's agent works for YOU. This means they are obligated to help you find the best home at the best price.  

3. There's so much more involved than just picking out the lot, the floor plan and neighborhood.  Although there are buyers out there who have gone into a model home site and started the process directly with the builder's salesperson, things are only good as they seem to be at that particular moment... But please be aware that when problems and technicalities arise, you want to make sure that you have a knowledgeable buyer's agent on your side and is able to deal with the unexpected things that can go wrong while building your beautiful new home.

 4. Builder's mortgage rates and incentives may or may not be your best option for financing.  You need to make sure you have the best loan for your needs.  Many builders will offer you incentives for using their lender.  Will their lender be the best loan for you or should you call another lender to see if there is a better option for you?  In case there will be a construction delay what will happen to the interest? It is always good to shop around and ask your realtor for some recommandations. 

5. Don't overpay for your new home.  A buyer's agent can provide valuable information so that you know what comparative properties are selling for in new home communities. This way you do not overpay for a property. Are all the options you are adding to the house will cause your new home to be the "most expensive home on the block?"

 

 

click here for new construction homes in Howard County.

 

Michelle Grunberg

Keller Williams Realty Center

info@michellegrunberg.com (Email)

www.michellegrunberg.com (Web)

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443-977-6862 (Office)

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443-977-6864 (E-Fax)

 

Comments (5)

Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Michelle - Great post, could have used this one to share with some buyer clients I recently had.

Jun 18, 2015 11:10 AM
Ed Macias
Real Estate Teammates - Miami, FL
Miami FL-REO Property Management Multifamily

I agree. It's free no extra cost for expert advise. 

Jun 18, 2015 12:17 PM
Ted Glover
Alderman Classic Realty, LLC - Moultrie, GA
ABR in Moultrie, Georgia 229-854-5422

Having an experienced buyers agent on your side make perfect sense to me. Protect yourself throughout the home buying process. Thanks Michelle Grunberg 

Jun 18, 2015 12:40 PM
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

The Builders often want to use their own Contract, which is always stacked in favor of the Builder.  No, I am not an Attorney and cannot give legal advice regarding contracts, but I can help a Buyer avoid making a serious mistake.

Jun 21, 2015 01:00 PM
Julie Tulowitzki - (480) 369-8188
HomeSmart - Gilbert, AZ
Your Friend in the Arizona Real Estate Business

Great post, Michelle.  Hiring an agent to help with the purchase of a new build is a no-brainer.  It's a bummer that some people don't take advantage of the free (to them) professional help.

Jun 27, 2015 07:45 AM

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