The value of buyer representation on a new home build.

By
Real Estate Agent with The May Team- eXp Realty 43018

Many homebuyers believe that buying a new home is easy and does not require a buyers agent to represent them.

Boy oh boy is that a myth.

Case in point!

We recently represented our buyer on a new home build and it was anything but easy.

Let's preface this by saying that currently in Nevada there is a huge lack of qualified contractors and labor. In the area that we market, Summerlin, which is a large master planned community in the west part of Las Vegas, there are approximately 13 new home builders going full force.

We ended up having a huge issue with the drywall installers 

On occassion it does rain here in Nevada and in this instance the rain drenched a huge pallet of drywall that then sat for weeks.

These laborers are under pressure to stay on track and on time and instead of waiting for a new pallet of drywall they intalled drywall thru out the home that was covered in mold. 

We ulitmately had to take this issue all the way to the top of management to satisfy our buyers that the builder completed remediation to the buyers satisfaction.

While the builder ultimately performed and rectified the situation, the buyers were very thankful that they had someone on their side, going to the mat with the builder and making sure that their needs were met.

On the other side, the builder was also happy that the buyers had a representative who kept a cool head and did not ulitmately blow up the deal. 

We as buyers agents can walk a new home build for a client at each stage when a client is too busy to do so themselves. 

And on many occasions a buyers agent is privvy to fall outs that occur on new home builds, and informing buyers of incentives that are available to the buyer. Incentives that a new home sales agent might not divulge unless totally necessary.

New home builds already have a co-op commission typically built into the sales price so it does not cost a buyer anything to have proper representation.

Buyers representaion could be the difference between a new dream home and a new home nightmare.

Paul May

 

Comments (2)

MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Yes, who would expect people to install mold-filled drywall?

Oct 25, 2016 12:09 PM
Harry F. D'Elia III
Avant Garde Residential Management Services - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I very much enjoyed your post today. We are looking forward to more insightful ones.

Oct 25, 2016 12:52 PM