| So you want to build your own home. Should you use a REALTOR?
Or will you save money by buying directly from the builder? Time, experience,
knowledge, and resources can help to make your building experience more
rewarding, and efficient. Here are some questions you might ask yourself
that will help you determine whether the professional services of a REALTOR
will benefit you.
Do you know exactly what you want to build?
Do you know which builder can do it for you?
Do you have access to the land you want to build on?
Is the builder's site acceptable to you?
Do you have knowledge of previous work by the builder?
Can you honestly evaluate the work of the builder and the worth of the
home?
Can you sort, select, and evaluate lenders and loan types that benefit
you, not the builder?
Can you objectively negotiate with the builder?
Can you negotiate through the contingencies that arise after the contract
has been signed?
Some quick facts on New Construction.
The builder wants to sell a home, the buyer wants to buy a home.
The builder's representative is supposed to make money for the builder,
and can only represent the builder.
A REALTOR representing a buyer, negotiates and advises exclusively for
that buyer.
Builders are willing to compensate Buyers agents because they bring educated,
qualified buyers to the builder.
The builders representative will identify only the positive features of
their product.
A good REALTOR will objectively help the buyer identify positive and negative
features of all homes they are considering.
Ultimatley, the REALTOR saves the buyer and builder money and time in
the transaction because they educate and prepare the buyer for the many
decisions that may arise, and help to prevent issues that needlessly waste
valuable time on behalf of both parties.
For example...
The builders representative will identify only the positive features
of their product.
Builders representative calls the open greenbelt on the east side of the
community a park.
A REALTOR representing a buyer, negotiates and advises exclusively for
that buyer.
Buyers agent identifies and makes buyer aware that the open greenbelt
was previously the county landfill.
I can also help you because…
My relationship with local builders may help you to get the home you
want sooner, or get special priority on their waiting list.
I can provide you with color photos, floor plans, and specs of the model
you are interested in, saving you a needless trip to a property you don't
like.
I can help you make objective comparisons between new homes, and pre-existing
homes, and how they may or may not appreciate according to surrounding
areas, amenities, and potential developments.
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