Buying New Construction: Why You Need Agent Representation
If you are considering buying a new construction home, you’ve probably heard or stumble upon some new construction myths, but before you lay your trust on some of these myth-based generalities, hear what our experienced agent has to say.
Do I need a buyer’s agent?
Not all home buyers are aware that they can hire their own realtor to represent them in buying a new construction home. There are many instances when home buyers committed a mistake of signing a contract not knowing the disadvantages inherent to working with a builder’s salesperson.
Like buying a resale home, buying a new construction home is an expensive transaction with many financial implications, that’s why you need an agent representation.
Here are the reasons why you need a buyer’s agent:
The salesperson at the new construction neighborhood represents the builder and only the builder. That salesperson was hired by the builder so it goes without saying that the salesperson works for the builder’s interest and not yours.
- Hiring a buyer’s agent to represent you will not cost you money. A buyer’s agent can even negotiate a better deal on your behalf from negotiating terms like upgrade options and closing costs to working with the builder’s lender to get you a better mortgage rate.
- A buyer’s agent can provide you an expert advice on what you need to know and walk you through the new construction contract. Help you understand about specific clauses, structural and design options available for your home before you sign on the dotted line.
- After signing a contract with a builder, the buyer’s agent can help you all the way through closing. They make sure that you’re not missing anything at each process including financing, working with title companies, and attending inspection.
- If there is a major problem or issue, you will have the buyer’s agent working as your advocate.
Buying a new construction home certainly has many benefits. It is why it has become popular. When you buy your new construction home, make sure that you hire a professional to represent you in the real estate transaction. It is always better to protect your interest. By hiring a buyer’s agent that is experienced in new construction transactions, it’s comforting to know that not only you’re buying your new home but you’re also in good hands.
ADVANTAGES OF BUYING A NEW HOME OVER A RESALE
Looking to buy? Are you a first time home buyer? We can help! The J Michael Manley Team go above and beyond to help you find the perfect home, from searching the right property that meets your real estate needs until you finally sign the deal. We will walk you through the process and make sure that you get the best deal possible. Are you ready to find the right home?
Contact us or Call us at 864-881-1258