A common misconception when purchasing new construction is that they cost more to purchase, you don’t need an agent and that the buyer pays the realtors fee. IT COSTS YOU NOTHING!
- That friendly and helpful builders salesperson works for and represents the builder’s interest and the builder’s interest only. Shouldn’t you have independent representation?
- An agent can give you objective professional advice and insight during all phases of the process, such as contract, construction, walkthrough, and closing.
- An agent is your exclusive advocate and will help you understand your contract and obligations including when to schedule construction inspections.
- While the sale representative will always give the appearance that sales prices are non-negotiable, and experienced agent can use recent and historical sales data to aid in the negotiation. Data that is not always readily available during new construction.
- An agent has knowledge of and can leverage contracts, real estate law and the real estate community when things go awry with the builder. AND THEY CAN AND OFTEN DO.
- A buyer’s agent costs you nothing as the builder has allocated a sales commission to be paid to a buyer’s agent as most consumers are represented for the above reasons. When a buyer does not use a buyer’s agent, the builder either pays their sales representative a higher commission or pockets the savings.