Why should I work with a REALTOR when purchasing a New Construction home?
This is a question that many people have and should understand the answer to before walking on the soil of a new construction site!
Let’s start with the agent at the builder’s office… This agent works for the builder and represents the builder, not you, the consumer. To put yourself on an even playing field you should have a Realtor looking out for YOUR best interests. Most builders welcome Realtors and will pay the Realtor’s fees – so it makes sense to have a professional working for YOU.
Some things your Realtor will do:
- Assist you in understanding the building process.
- Help you choose the builder options that will provide the most appreciation and value and that are best suited to your needs and tastes.
- Will explain the differences that set one builder apart from another. Some builders are known for quality, others for low price. Some builders make great use of space and others always have cutting edge features. The financial strength of the builder and their reputation after the sale is another very important factor. A Realtor will help you obtain the information you need to make an educated decision.
- Your Realtor will accompany you when you write the contract and at the construction walk-thru, giving you the advantage of their knowledge and expertise, as well as another set of eyes to spot any items that need to be corrected during the construction process.
Most people think the prices of all new homes are fixed like the price of milk at the store. In the lower price ranges this may be true, but this not necessarily true in the higher price ranges. This can be an area that your Realtor can negotiate for you. The negotiations may take the form of free upgrades, changes in floor plans, special financing or a premium lot that should have sold for more money. While the builder needs to be fair to previous buyers, your Realtor may be able to strike a better deal for you than you could.
- Your Realtor will also be there with you at closing, to review your closing documents and to answer any questions you may have. For these reasons and a host of others it is always wise to have your Realtor represent you when buying a new construction or re-sale home.
Check out NEW CONSTRUCTION in Chester County and surrouding areas! In order to be represented by a Realtor you MUST have the Realtor accompany you on the FIRST VISIT.
If you show up at a new construction site without a Realtor, most builders will not allow you to have a Realtor represent you in the process should you choose to build with them.
Why is this? …. We’ll let you come to your own conclusion!
“Teamwork Makes The Dream Work!”
Craig & Gina Wiley
Coldwell Banker Preferred
390 Waterloo Blvd.
Exton, PA 19341
Office 610-363-6006 ex 6066
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