Buying Pre-Construction? Here’s Why A Real
Estate Professional Should Represent You
It might not seem necessary to involve a real estate professional in a
transaction where a buyer can deal directly with a builder. Think again! A real
estate professional representing the buyer’s interests, can guide you along the
right path, smooth the rough places and help ensure you make a decision you can
live with (and in) for many years. Here’s how:
- Just as a real estate professional calls on experience and knowledge of an
area to help buyers locate pre-owned homes in a community, he or she can also
direct buyers interested in newly built homes to developments and communities
that match client specifications.
- An agent can suggest builders based on their reputation for delivering a
high-quality product, responding quickly to issues, and being financially sound.
- An agent may be familiar with how a builder prices his products and where
there may be room to negotiate price or upgrades.
- Without agent representation, you are one buyer purchasing only one home.
But an agent can significantly impact a builder’s bottom line by providing a
steady supply of customers. The agent’s leverage may work in your favor at the
negotiating table. [Note: The builder may require your agent to accompany you on
your first visit to the site. Check with the builder.]
- When relocating to a new area, agents can be particularly valuable
resources. In addition to providing local area information regarding schools,
day care or elder care services, public transportation, proposed development,
and so on, once construction is under way, an agent can periodically stop by the
work site, supply you with progress reports, and photograph or videotape phases
of the construction.
- An agent can assist you as you face hundreds of design choices and consider
which upgrades could potentially add value to the home when it comes time to
sell.
- An agent can accompany you at the site while you okay the plumbing and
electrical locations prior to drywalling, as well as on the walk-through or
builder orientation.
By now, you should be convinced of a real estate professional’s value as
you search for and purchase a newly built home. Still, here’s one more great
reason to work with an agent-the builder pays the agent’s commission. You enjoy
individual attention and support at no cost to you. What a great way to start
life in a new home!
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