Many home builders are negotiating as they are sitting on properties that are built and no takes. Lennar is one of them. They will easily give you upgrades before they will reduce the price. They also pay a commission if you are represented by a broker. If you are not being represented that mean there is more fluff. They have made HOA payments for a year, buydowns on loans and upgrades up the wazoo. Price is the last place they will negotiate. Without getting a TD here I would highly recommend you are represented. Good luck.
I work with a small custom builder who will negotiate. You will get the house you want built to your specifications. The big builders charge what they charge because they can. If you are interested in seeing his work, let me know and I'll give you his information.
Anna Maria Durr 281 592 0667
You have gotten some good advice. Here is my .02 cents.
1. Have a Buyers Agent help you with the deal. You will be glad you did as they can help you negoitate the contract and help explain the contract to you. The sales rep at the builders, gasp works for the builder. So his job is to get you to pay the most he can.
2. Have a Home Inspections performed by an inspector of your choosing. It will cost a couple hundred dollars, but even builders make mistakes. Better to know before you close than finding out after and trying to get them to come back and fix a problem.
3. If you don't plan on living there for several (read 5 years or more) think twice about buying in the new community. If you need to sell your home in a hurry you will be competing with the builder for buyers. Buyers typically prefer a brand new home to one that is a few years old. This is a tried and true fact. Better to buy the last house in a new community than the first home.
I wish you the best of luck and if you want a referral to a local Kingwood agent just let me know. I am happy to help!
If you know English and can read, just read everything over and don't be a push over. Most agents don't even have a college degree so if they can guide you then you can guide yourself.. Just ask questions if you dont understand something..
I just negotiated with Lennar on a $245K house and got it down to $215K.. and did it all myself... No agent would do that for me.. no one will look out for yourself better then yourself..
Can you walk through how you are incentived to save me money? Use my example scenario here:
If Lennar is asking $375,000...Say I go it alone without a realtor, and let's say I get them down to $370,000.
Where is the relator's incentive to get me a lower price?
What does the realtor make if I do use a realtor and I pay $370,000?
What does the realtor make if he/she can get my price down to $350,000?
Thanks in advance for the explanations, realtors.