Thinking New Construction? You Still Need A Realtor!

August 3, 2018 |

When you’re house hunting, the allure of new construction is undeniable. You get to be the first to live in the pristine home—one untouched by grimy hands or muddy shoes. It’s full of brand-new appliances and the finishes and treatments that you picked to fit your aesthetic. And you won’t have to worry about making any cosmetic or structural upgrades for years.

If you are interested in buying a new construction, the builder’s agent will be ready to help you with the process. But make no mistake: You need your own real estate agent from the get-go. Even if it seems like plug and play to sign up with the builder’s on-site agent, you’re going to want someone representing your side of the deal.

Your real estate agent’s job is to help you get the most value for your money, with the least hassle and frustration. They will be able to help you with negotiating extras, recommending financing and overseeing a home inspection (see the list below). Everyone wants to walk away from buying a home—whether it be a new construction or not—with peace of mind. Having a real estate agent in your corner will help facilitate that.

Resale Value – What is your “overbuild” threshold?

Your local real estate agent understands the value of new construction and will help you avoid overspending on extras that won’t give you a return on your investment – or will – for the area you are building in.

DIY Upgrades – Are the builder options worth their value?

Want upgraded counters or appliances in that new home? Your agent can help you with all those extra perks, amenities, and upgrades. She will have a thorough understanding of home construction and costs and can guide you through your selections and help keep an eye on your budget.

What’s Coming to the Area – What to expect for neighboring land or communities

Your local real estate professional will know what’s being planned in the near future with regard to zoning, retail, schools and planned community projects.

Local Comps – You will see what other homes have recently sold for

Knowing the area comps can save you money and give you a better hand to deal with when negotiating

How to Get the Most out of your Builder Incentives – Can they match or can you do better elsewhere?

Your real estate agent can help make sure that you’re getting the financing options that will work best for your situation. It is always wise to review the incentive options and not feel pressured to use suggested professionals unless its right for you.

Non-biased Inspections – Is the builder’s inspector representing your best interest?

The number and severity of new-home defects often rival resale home problems. Your agent will make sure you get a fair inspection from a non-biased and reputable inspector.