For decades…we’ve been the experts in helping clients successfully navigate the home building process, from building and remodeling of entry-level homes through multi-million-dollar estates. As former executives in the new home construction industry and 25 plus years in residential real estate, our years of knowledge and expertise help our clients:
The answer is a resounding YES!
Purchasing new construction is different than buying an existing home. Usually more intimidating, the process can feel complicated with the myriad of decisions a buyer must make. After weighting all the important and complex initial decisions, the building process can take anywhere from 4-10 months, if building from scratch. If you have a shorter or exact timeline, we can find you a Market Ready (spec) Home.
Builders’ model homes are staffed by sales representatives who are direct employees of the builder. While many are personable and professional, whose interests do they represent? They work for the builder, so their duty and allegiance are to protect the interest of their employer. That is why it is so important that a buyer also has an experienced Realtor who is an expert in new construction to represent them and protect their interests throughout the entire building process.
Making the right choices is critical
Decisions you make can be costly without the right knowledge in advance. Evaluating builders, either custom or production, the numerous floor plans, options, lot choices and locations plus the list of important things to consider below can be overwhelming:
Why is the builder’s home price the same with or without a Realtor?
Builders factor their partnership with the Realtor community into their marketing budget. They expect and rely on Realtors to bring them business. So, commissions, generally, are already built-in to their marketing budget and calculated as an expected cost of doing business from a marketing perspective. Builders do not want to reduce their prices because it sets the comparison price for future home sales in the neighborhood. So, you will pay the same price for a home, with or without Realtor representation. If you visit a builder without your own representation, you give up the right for your interests to be protected and still don’t save any more money.
Important: Most builders require that the Realtor accompany or register a buyer on the buyer’s first visit to a model home and new home community. Make sure you talk with your Realtor before stopping-in at a model home or visiting the new-home community. The Realtor will make sure you are registered properly, so you won’t sacrifice your opportunity for valuable representation.
Make sure you always list your Realtor on a Builder guest registry