When you're house hunting, the allure of new construction is undeniable. You get to be the first to live in the pristine home—one untouched by grimy hands or muddy shoes. It's full of brand-new appliances and the niches and treatments that you picked to t your aesthetic. And you won't have to worry about making any cosmetic or structural upgrades for years.
If you are interested in buying a new construction, the builder's agent will be ready to help you with the process. But make no mistake: You need your own real estate buyer's agent from the get-go. Even if it seems like plug and play to sign up with the builder's on-site agent, you're going to want someone representing your side of the deal. Same rule applies to purchasing a "spec" home, pre-built by the builder and waiting on a buyer.
What is a "builder's agent"? When you buy a new construction, the home's builder is considered the seller, and the agent representing the builder is called the builder's agent. The builder's agent does not represent you or your interests!
After all, the job of the builder's agent is to get the highest price for the homes the builder is selling so the agent is not going to be as eager to negotiate down. MY job as your Licensed Real Estate Salesperson is to help you get the most value for your money, with the least hassle and frustration.
Why should you hire your own buyer's agent? It's a good idea to have your real estate agent physically make the appointment for you and accompany you on your first visit to the new construction. Why? Because the builder (aka the seller) will have their own interest in the transaction. The builder/seller will be responsible for paying buyer agent commission and needs to know from the first call or visit that you will have your real estate agent representing you. Some builders might even refuse to pay your agent a commission if you don't register me as your agent the first time you visit the home on a new construction site.
When buying new construction, here's what your real estate agent will help you with that you might miss out on if you stick with the builder's agent:
Everyone wants to have peace of mind when buying a home—whether it be a new construction or not. Having an experienced real estate agent in your corner will help facilitate just that.
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