New home buyers don’t want to settle for a used house – only new home construction will fit their needs/desires. They don’t want to inherit somebody else’s personal taste, worn carpeting, old appliances, or aging HVAC systems. The home must be brand new, fresh and clean with all the desired options and colors.
If this describes you, and you’re planning to buy the brand new home of your dreams, here is what you need to know to protect yourself and make the process a pleasant experience.
MYTH #1. The new home center sales agent will help me so I don’t need my own Realtor.
REALITY: Hire your own agent at the start of your hunt to buy new construction. If you wander into the new home sales office without representation, many builders will NOT allow you to hire your own agent later.
The builder’s sales agents are paid to represent the builder, regardless of what they may tell you. It’s critical that you understand that she/he represents the best interests of the seller – not you as the buyer.
MYTH #2. As a buyer I’ll have to pay more since Builders charge more when Realtors are involved.
REALITY: ABSOLUTELY FALSE! In fact, builders encourage Realtors to bring in their clients by offering periodic buyer incentives and financial promotions. Your own agent will represent you and be your fiduciary, and he or she is required to disclose the positives as well as the negatives about the transaction. Builder’s agents don’t discuss drawbacks. Your own realtor is required to put your interests first.
MYTH #3. Having a new home built is complicated enough –let alone from hundreds of miles away.
REALITY: Today’s Builders/Developers have simplified the process with pre-contract selections and design centers. Having an experienced Realtor working with you can be very helpful – a knowledgeable real estate professional can help you (the buyer) with building lot and plan selection compatibility, choosing upgrades, customizing floor plans and negotiating the best deal!
Conclusion: Why would anyone ‘go it alone?” Rely on an experienced Realtor to serve as your New Home Consultant – understanding your needs, lifestyle and streamlining the search to the most relevant communities for you. Why waste your precious time? Call a Hawkeye Realty New Home Specialist today for an appointment to learn more.