Here’s why you need an agent representing you when buying new construction.
Why on earth would you hire a real estate agent when buying new construction? The answer is that you need a fiduciary on all sides of the transaction, especially when it comes to new construction. With an agent on your side, you have someone who’s an advocate for you, looking out for your best interests, ensuring you get everything you asked for, and making sure you’re not overpaying for a property. You’ll have someone connected to the process in case things are missing, broken, or the builder missed something.
“If you don’t have an agent, you’re automatically overpaying for the property.”
Agents have relationships with people in the industry and can keep the transaction from becoming emotional rather than business-like. They also help you smooth out the process so you’re not getting severely stressed out if it’s taking longer than expected. Additionally, if you don’t have an agent, you’re automatically overpaying for the property because the cost of an agent on both sides of the transaction is already built into the price.
The builders are looking out for their best interests, not yours. The seller is the builder, and they generally have an agent or are represented by a group of agents, so don’t go up against them by yourself. Make sure you’re represented and have someone making sure the builder keeps to the timelines, gets the finishes and colors you wanted, gets all the landscaping in, etc.
If you need more information about how to get a new construction home in 2021 and how we can help you get the deal done, give us a call or send an email. We would love to help you.
