Why Do I Need a Realtor for New Construction?
Most people think that they only need a Realtor to Buy or Sell an Existing Home - Not True! A Realtor can be a lot of help when dealing with New Construction. In the case of New Construction, the Home Buyer may think of the Realtor as a "Middleman", which I can understand the assumption, but it is far from reality.
An Experienced Realtor can be an asset when purchasing New Construction due to the fact that we deal with Buying and Selling Homes everyday. We can be a great help in determining Location or Lot Selection, which can affect the Resale of your home down the road, along with is a "Premium" Lot worth the higher price. Evaluation of Models regarding Lay-outs or Floor Plans in regards to Flow, Ease of Entertaining and Privacy. Determining "Upgrades" - what Bells and Whistles are Wise Upgrades and Desired Features that you will Enjoy, that will help you Sell your Home whenever you decide to Sell, and what "Upgrades" are Good Values and Money Well Spent!
A Realtor can also help you compare Builders, and developments. We can set appointments and show you existing homes built by the same Builder. This gives you an idea of how the homes may hold up over time, workmanship and materials used and what their completed developments look like. We can also help you make comparisons of similar developments based on Price, Size and Location.
One of the Main Reasons a Buyer won't use a Realtor is they believe it will cost them more money to buy New Construction using a Realtor than without using one, this is not true. The Builders appreciate working with Realtors. They know that we bring them qualified Buyers and can make their Sale go that much smoother. The commissions that they pay are paid from their advertising or budget. The Home will cost you the same whether you use a Realtor or not, so it doesn't cost you anything to have a Realtor represent you. If you do not use a Realtor you may be paying an unknown fee (for advertising) and not getting all the benefits of having an experienced Realtor representing you. Many Buyers feel that since there is an "On-Site" Salesperson, that is who they should work with in their Purchase. The "On-Site" Salesperson (at the Model Homes) works for the Builder and acts as the "Sellers Agent" (Builders Agent). Though they must treat everyone fairly, their purpose is to put together the best deal for the Builder - not you. Just as the Builder has their representatives, you are entitled to have a Real Estate Agent, a Realtor, a "Buyers Agent" to represent you, while also looking out for your best interests.
As you can see, there are many good reasons for using a Realtor to aid you in your purchase of New Construction. The most important thing to remember is to Contact a Realtor First, before visiting the Builder, or Builders Models. Even though Builders are happy to work with Realtors, many of them require the Realtor to accompany and register the Buyer on the first visit. If you meet with the Builder first, he may not allow the Realtor to represent you, leaving you to represent yourself. Remember, our Job is to represent YOU, so use a Realtor and you won't be sorry.
Written by Bob Wallen
An Experienced Realtor can be an asset when purchasing New Construction due to the fact that we deal with Buying and Selling Homes everyday. We can be a great help in determining Location or Lot Selection, which can affect the Resale of your home down the road, along with is a "Premium" Lot worth the higher price. Evaluation of Models regarding Lay-outs or Floor Plans in regards to Flow, Ease of Entertaining and Privacy. Determining "Upgrades" - what Bells and Whistles are Wise Upgrades and Desired Features that you will Enjoy, that will help you Sell your Home whenever you decide to Sell, and what "Upgrades" are Good Values and Money Well Spent!
A Realtor can also help you compare Builders, and developments. We can set appointments and show you existing homes built by the same Builder. This gives you an idea of how the homes may hold up over time, workmanship and materials used and what their completed developments look like. We can also help you make comparisons of similar developments based on Price, Size and Location.
One of the Main Reasons a Buyer won't use a Realtor is they believe it will cost them more money to buy New Construction using a Realtor than without using one, this is not true. The Builders appreciate working with Realtors. They know that we bring them qualified Buyers and can make their Sale go that much smoother. The commissions that they pay are paid from their advertising or budget. The Home will cost you the same whether you use a Realtor or not, so it doesn't cost you anything to have a Realtor represent you. If you do not use a Realtor you may be paying an unknown fee (for advertising) and not getting all the benefits of having an experienced Realtor representing you. Many Buyers feel that since there is an "On-Site" Salesperson, that is who they should work with in their Purchase. The "On-Site" Salesperson (at the Model Homes) works for the Builder and acts as the "Sellers Agent" (Builders Agent). Though they must treat everyone fairly, their purpose is to put together the best deal for the Builder - not you. Just as the Builder has their representatives, you are entitled to have a Real Estate Agent, a Realtor, a "Buyers Agent" to represent you, while also looking out for your best interests.
As you can see, there are many good reasons for using a Realtor to aid you in your purchase of New Construction. The most important thing to remember is to Contact a Realtor First, before visiting the Builder, or Builders Models. Even though Builders are happy to work with Realtors, many of them require the Realtor to accompany and register the Buyer on the first visit. If you meet with the Builder first, he may not allow the Realtor to represent you, leaving you to represent yourself. Remember, our Job is to represent YOU, so use a Realtor and you won't be sorry.
Written by Bob Wallen
posted by SoldByWallen-Bob Wallen at 10:55 AM
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