Why you need your own agent when purchasing a new construction home
Overview
Finding the perfect home poses a significant challenge for today's prospective buyers, primarily due to low inventory.
Finding the perfect home poses a significant challenge for today's prospective buyers, primarily due to low inventory. However, there's a glimmer of hope amidst this scarcity: the proportion of newly constructed homes available for purchase is higher than usual. This shift underscores the importance of exploring newly built properties if you seek a broader range of options.
Yet, it's crucial to recognize that engaging with a builder differs from purchasing directly from a homeowner. While builders typically employ sales agents on-site, enlisting your own agent ensures comprehensive representation throughout your homebuying journey.
As noted by Realtor.com:
"Remember, the on-site agent you encounter at a new-construction office represents the builder. Therefore, it's wise for you, the homebuyer, to enlist your own agent to facilitate negotiations and safeguard your interests in the transaction."
Here's why having your agent is indispensable when considering a new construction home:
Local Expertise and Market Insights: Your agent possesses in-depth knowledge of evolving neighborhoods and surrounding developments that may impact your decision. They can scrutinize the builder's site plan, alerting you to potential future changes like highway construction or drainage projects.
Construction Quality and Builder Reputation: Your agent can offer insights into various builders' construction standards, customer satisfaction levels, and overall reputation. Armed with this information, you can opt for a builder renowned for consistently delivering high-quality homes.
Assistance with Customization and Upgrades: Opting for new construction affords you the opportunity to customize your home. Your agent will assist you throughout this process, advising on upgrades likely to enhance your home's long-term value, ensuring your budget is wisely allocated.
Navigating Builder Negotiations and Contracts: Builder contracts can be intricate, requiring careful scrutiny. Your agent, equipped with negotiation skills, can help decipher these contracts, ensuring you comprehend all terms and conditions. Furthermore, they can advocate on your behalf, potentially securing favorable deals, upgrades, or incentives.
In summary, whether you're considering buying or building a new home, having a knowledgeable agent by your side can significantly streamline the process. If you're ready to explore your options, don't hesitate to reach out…we can’t wait to help!