Buying a newly constructed home is gives you some exciting options that aren’t always available to you when purchasing an existing home. Like the ability to choose the exact kitchen cabinets, flooring, paint, and even floor plan that you want. But if all you’re doing is choosing home features, do you really need a realtor when buying new construction? The answer is a big YES! And here’s why.
Here’s the deal, buying a home is a large transaction that requires a lot of attention to detail and careful preparation. So unless you’re very comfortable tackling this type of large, complicated, legally-binding document on your own, it’s probably in your best interest to work with a real estate consultant you trust. And having independent representation by using your own agent won’t cost you anything extra. Yep, it doesn’t cost you a thing. But choosing not to use your own agent could end up cost you big.
You see, having your own buyer’s agent when buying a newly constructed home ensures that your interests will be represented. The fact is, the site agent represents the builder, not the buyer. And when you’re buying new construction, working with a buyer’s agent who regularly deals with builders and who knows the local communities can provide a lot of helpful information.
What kind of helpful information? Well, buyers agents know what questions to ask. They can give you objective professional advice and insight during all phases of the process, such as contract, construction, walkthrough, and closing. They can offer buyers insights with comparables in the market and provide information about the builder’s history. Sometimes real estate agents will have access to different builder incentives, like discounts on features or lot sales. All of this can help homebuyers avoid mistakes and save significant amounts of money.
So if you’re considering buying new construction, what you need do is let the builder know you want to be represented by your own agent. If you do this from the very beginning, there shouldn’t be any issues. Many builders want to keep a good relationship with realtors in the market. And they will be much more willing to work with you and your realtor if you are upfront with them in the beginning about wanting your own representation.
If you have more questions about buying new construction or are considering buying new construction in the future, we’d love to talk to you more and answer your questions. Call a BHURDinUtah agent today and we’ll work with you throughout the entire construction process to make it as smooth and stress free possible.
If you have other real estate questions, be sure to check out our Common Real Estate Questions page.