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WHY YOU NEED AN AGENT WHEN BUILDING A HOME
Most people realize the importance of using a REALTORŪ when listing their home for sale or searching for a resale home. Many people search for a new home, but don't understand how important it is to also be represented by a qualified REALTORŪ
as their Buyer's Agent during the purchase and construction of a new home.
Cost to You
Nothing! Any compensation given to a REALTORŪ is recognized by the builder as a marketing fee and has no impact on the final cost of the home. A note of caution! It's fun to wander through builder's model homes, but if you fill out a registration card without your Agent being with you the builder may not allow your Agent to represent you in the purchase of your new home. Most builders desire, expect and encourage REALTORŪ participation.
Savings to You
Are you getting what you are entitled to have ... both in quality and value? Your experienced agent knows what you should receive and what "extras" might be available. He knows when builder incentives are available, at what construction stage a builder will take an offer and how much to negotiate. This kind of help alone can be a savings a new homebuyer.
Resale...Appreciation & Profit
Give your investment the best opportunity for appreciation at resale. Questions concerning site location, builder, design and decor are important. Your agent knows you are building not only for today ... but for tomorrow.
Contracts
Most new homebuilder's contracts are written by and for the builder. They are not the Real Estate Commission Approved Forms that are used on resale properties. Do you know what your contract really means, how long you have to acquire a loan, the point where your earnest money deposit is non-refundable and the amount of taxes and homeowner's fees that will be your responsability? Your Agent can be invaluable in helping you to understand all of the items above, and more. Remember, your Agent is working for you!
If you have a home to sell first?
Some builders will take a contingency on the sale of your home for a certain length of time, and usually request your Agent to provide information on the listing, comparables and marketing being done to sell your home in time to remove the contingency as required by the builder. This is just another way your Agent can help make your new dream home come true!
You Are Represented
With your real estate Agent, YOU are represented! Your Agent's experience, knowledge, and reputation represents strength and leverage on your behalf. | |
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