06 Dec Buying a New Build? You Still Need a Realtor
Imagine walking into your dream home. Everything is brand new, clean, and ready to be lived in. It has everything a home buyer wants: new paint, new flooring, new HVAC, and none of the hassle.
Buying a new build seems like a straightforward transaction. You find the new construction home you want, you make an offer to the builder, and you close without friction. Right?
Wrong.
Just because it’s a new construction home purchased directly from a builder doesn’t mean you don’t need a realtor. You already know the value a good agent brings: knowledge of the area, price comps on homes, buying trends, and negotiation skills. All of those still apply when the seller is a construction company instead of an individual. Here’s why you should never buy a new construction home without having an agent to represent you.
Your agent is your biggest advocate. The builder selling the home has an agent to represent them, so why wouldn’t you? Coming to the table with an experienced realtor could mean having concessions included in the price of the home. It’s a win-win: the builder gets to keep the cost of the home at a cost that benefits the community. These “perks” can include closing costs, upgraded appliances (like a refrigerator), landscaping, and other extras you may not even think to ask for. Want blinds throughout your new home? Have your agent ask their agent. Having them go to bat for you with one of their peers gives you a leg up as opposed to you doing it yourself.
Your agent knows how to read a builder’s contract. When you enter a purchasing agreement on a new build, the verbiage is tailored to protect the builder, not the buyer. Having an experienced agent who can redline language that doesn’t benefit you in the long term. They can negotiate home warranties, land surveys, and home inspections. If you were buying from an individual, most sales are “as is,” but a builder sale is slightly more nuanced.
Your agent has a better perspective on resale value. If you’re buying a new build, chances are you’re buying in an up-and-coming area and not as well-established as an older home. That could be great for resale value, assuming the area gains popularity. Working with an agent who knows recent sales, comps, and even second sales of new builds is invaluable. They can tell you what areas are worth investing in and what areas are red flags.
Buying a new build is exciting. You get to live in a home that’s ripe for new memories. You can make it your own and start with a clean slate. Don’t turn a dream into a nightmare by not working with a realtor. Your future self will thank you.
If you’re considering purchasing a new construction home and want to work with a realtor who’s experienced in getting the most bang for your buck, call us today. 949-412-2808
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