I'm Buying a New Construction Home and I Don't Need an Agent

By
Real Estate Agent with Ultra Real Estate Dallas Fort Worth

 

Moving into a newly-built home is a lot like the first time you sit behind the wheel of a new car, but on steroids. No stinky smells from whatever it was the previous occupant was cooking, no greasy range hood and walls, no dinged-up baseboards – everything is new and pristine.

While these aspects may make you starry-eyed, there’s reality to contend with as well. Today we share with you some things to watch for when taking on the purchase of a brand-new home.

 

The builder’s on-site salesperson

When you drive up to the new home community you’ll notice quickly how you’re directed first to the builder’s office before you get to the model homes. That guy or gal sitting in the office isn’t a receptionist, but the builder’s on-site salesperson.

She or he will show you a map of the buildable lots available, talk to you about the community’s amenities and, naturally, the homes, before sending you on your way to view the models.

If you fall in love with one, which is every builder’s goal, you’ll want to get the purchase process underway quickly.

Hey, I don’t blame you, this is exciting stuff! And, what better and easier way to do it than to allow the builder’s on-site salesperson to get the ball rolling?

Ok, that’s the third time I’ve said it: “the builder’s on-site salesperson.” Sure, this agent can represent both you and the builder, but is it a wise move?

Think about this: would you use your about-to-be former spouse’s attorney in your divorce proceedings? Why do you suppose that isn’t common practice?

Here’s why: the builder’s on-site salesperson works for the builder and looks after the builder’s interests and NOT yours!

Since the builder pays the buyers’ real estate agent fees, it only makes sense that you have your own agent who will look out for nobody else but you.

Avoid this problem by letting the builder know, upfront, that you have an agent.

 

The builder’s lender

Hey, this is a one-stop shop, right? Of course!

Home builders understand that they need to hook the buyer when he or she is most excited so they offer all the services one might need to get the process started. This includes an “in-house” or “preferred” lender.

Now, unlike using the builder’s agent, there’s nothing wrong with using his or her lender, as long as you’ve shopped around and know that you’re getting a good deal.

Never feel that you have to use this lender, however, because you don’t.

 

The builder

Check out the builder’s reputation if you aren’t familiar with him or her. Start with the Better Business Bureau and then scour the city’s public records for lawsuits against the builder.

Buying a newly constructed home can be a lot more involved than buying an existing home, but the end result can be well-worth the steps it takes to get there.

I'm a local real estate agent in the Dallas Fort Worth area and I'm honored to be able to assist you if you are looking to purchase or sell a home. Or for more real estate tips, you can also check my blogs here.

 

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susie kay

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Rainmaker
3,618,340
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

HI Susie... I can't tell you how many times I've been called by someone I don't know who was having a problem with their builder during or post construction after a client of mine gave them my name. When I suggest they call their agent and they tell me they did it without one, it's always unfortunate that I have to explain to them there's not much I can do help them by running interference.

Nov 03, 2019 02:43 PM #1
Rainer
614,366
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Unfortunately that's what most new home buyers think!!!

The builder’s on-site salesperson works for the builder and looks after the builder’s interests and not yours!

Since the builder pays the buyers’ real estate agent fees, it only makes sense that you have your own agent who will look out for nobody else but you.

 Let the builder know, upfront, that you have an agent.

Nov 03, 2019 02:59 PM #2
Rainmaker
2,845,511
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

You make excellent points about why it can be important for new home buyers to have a buyer agent when they purchase.  I have represented several new home buyers in the past.  And, usually, there is something that makes it worthwhile.  For example, in several cases I noted several cosmetic shortcuts, that the builder needed to remedy.  And, there have been more serious flaws as well.  Yes, new homes have a warranty, but some of these things can be overlooked by a buyer, who is unaware.

Nov 03, 2019 03:05 PM #3
Rainmaker
4,485,695
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Susie, sadly, they CAN buy a new construction home all on their own.  BUT, they don't pay a commission, and are not represented when issues arise, and they ALWAYS do.  Great post.

Nov 04, 2019 06:58 AM #4
Rainmaker
3,576,701
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Susie,  I always have to explain our roll in a new built and why it is so important for them to have a Realtor!

 

Nov 04, 2019 07:17 AM #5
Rainmaker
428,753
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Thank you for your comment and for dropping by Nina Hollander .  Yes, I've had similar situations over and over again where the buyers called because they were having problems with the builder and they don't have an agent to look after them.

Nov 05, 2019 10:03 AM #7
Rainmaker
428,753
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

So true, Will Hamm . Thank you for your comment and for dropping by!

Nov 05, 2019 10:04 AM #8
Rainmaker
428,753
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Thanks Joan Cox for your comment and for dropping by.  I've had received many calls where the buyers are having problems and they don't have an agent.  Also often they told me that the builder never asks whether they have an agent. 

Nov 05, 2019 10:11 AM #9
Rainmaker
428,753
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

That is so true Myrl Jeffcoat .  Thank you for your comment and for dropping by!

Nov 05, 2019 10:12 AM #10
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Rainmaker
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Susie Kay

North Dallas Specialist
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