Unwavering Commitment to Service
1. A Realtor works on your behalf. While the sales person is helping you, the work for the builder and they have their best interest in mind. A Realtor is your advocate and owes you fiduciary duty, a sales person does not.
2. You will not get a better deal if you don't use a Realtor. Most builders have Realtor commission in a totally separate budget, and if you ask, the truthful ones will tell you that.
3. A Realtor will act as a liaison in negotiating with the builder. We are the professionals , we do this every day.
4. This is a huge investment that will effect your family for years to come. You want the knowledge about the area, the market,comparables,schools, taxes,etc that we can provide.
5.Because we are active in the market we know about the builders reputation, and if they have changed there name and why.
6. Yes options or "upgrades" will cost money and yes builders mark them up, they are in the business to make money, but an educated Realtor knows what ones are easiest to negotiate, and get done.
7.Your Realtor is always available. You can call us with questions, and receive a call back the same day. Most of us work 7 days a week while a Sales Person and Lender work normal 9 to 5 business hours
8.We will be at your closing to make sure that your paper work is what was agreed upon and that the transaction goes smoothly.
9. If you are moving from another state a Realtor will handle this side of your transaction while you are getting ready to move to your new town. We will attend builder meetings, home walks and inspections. We will make sure your home is finished ,ready, and in tip top condition for moving day.
10. We are here after closing. Our business is built on relationships. We do what we do because we love our job, and know that our job goes on long after you have moved in. We are available for and are eager to help with advice and assistance long after closing. You have developed a long lasting relationship with a professional.
I am happy to assist you with any of your real estate needs. I am very knowledgeable in the building and the real estate business, and look forward to helping you build your dream.
Texas Sold Team Realty
#1 question I anwer worldwide when a buyer purchased a home without a Realtor from a builder... NOW being sued, house not built according to contract , problems with the builder, did not follow terms and conditions of contract., loss of escrow money... JUST NAME A FEW....
Realtors represent and defend their client... in these situations great have at time "good cop / bad cop"
ANOTHER EXAMPLE; Would you go to court have opposing attorney represent you ? Probably not
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
When you use a Realtor to represent you during the buying process they can help you negotiate a better price by using market statistics. New Build homes are often not in the MLS so a Realtor can offer you similar comparable homes so you can make an educated offer. The Realtor commission is not paid out of your home price. Builders have separate marketing accounts so our compensation is not going to cost you but going it alone cold very well.
You can read my blog article on my website or on my Trulia Blog. It goes into detail on how it is to your benefit to use an experienced Realtor when buying a new home. Make no mistake, you will pay more when you build a new home but you want to make sure you get a fair deal at the same time.
So find a good knowledgeable Realtor who has dealt with builders before. If you would like to read my blog article on this topic you can find it here on Trulia:
Good luck to you,
REALTOR | Mortgage Broker
Keller Williams Realty | 360 Lending Group
A good agent can take a great deal of pressure off and save you time and money during the building process. This is particularly true if you choose an agent with experience in the new home construction field.
Personally, I check on construction progress, send photos and videos to out of town clients, arrange for inspections at different times during the course of construction, attend meetings with the builders and construction superintendants, and generally do whatever my client needs as far as assistance during the building process.
I just did a blog today about the comparison of new and resale homes in San Antonio. You might want to check it out: http://www.trulia.com/blog/stephanie_kelley/ It's not exactly on topic, but close. It may give you some food for thought. Good luck in your home building endeavor!
You can read my blog article on buying a new build home on my website below or in my blog section here on Trulia... I go into much more detail.
Good luck to you.
You can go it alone but it's ill advised..
Since Keller is my area of expertise I would like to let you know that you absolutely do NOT require a Realtor to buy a new home. I will also share information from home buyers that wished they had used a Realtor:
1. Builders pay a Realtor's commission from a separate budget from the construction budget.
2. Depending upon the Builder, there are items that are negotiable when you have a Realtor that knows what
to ask for in addition to the basic allowances a Builder would include in the base price of the home.
3. Understanding the contract, earnest money deposit, inspection,finance and closing processes are what a Realtor is ethically required to provide a home buyer as a knowledgeable professional.
4. Negotiating the sales price using a comparative market analysis is also a benefit to you.
5. Sales persons will sell you a home, turn you "over" to the builder in which has contractors working on various phases of your home. Then they wait to hear back from your Lender who is in some office crunching numbers.
6. A Realtor is the only person you have as a resource through the contract to close process that will inform you as to the progress in your purchase.
7.A Realtor provides beneficial information when you need to select various services in the area including an inspection before the Builder's warranty expires.
8. You can always call your Realtor with questions, and receive a call back the same day. Most of us work 7 days a week while a Sales Person and Lender work typical business hours.
9. Your Realtor is present with you at the Closing table to ensure that everything that was initially agreed to is what is in your final documents.
10. After closing and you are handed your keys, you have developed a relationship with a professional that is always in your corner and you can call on for advice if , for instance you have not received your HOA key to the pool or you are in a quandry about the schools,churches or anything outside of just the home purchase.
I value my relationship with home buyers and understand that this home purchase is the biggest financial commitment anyone will make in their life. If you decide to sell your home in the future, I would want you to know that your have a Realtor that has enough confidence to help you sell a home that they helped you to purchase.
If you would like to contact me for more information, feel free to send me an email at:
It isn't necessary but highly recommended. A Buyer's Agent is going to look out for your best interests while the Sales Counselor is looking out for the best interest of the builder. The agent's commission is paid by the builder so there is no charge to you.
I went on a listing appt last week with a couple looking to sell their house. They purchase their house 2 yrs and wasn't represent by an agent at the time of their purchase. After running the comps, what they owed on the house isn't what the area was selling for. I ran the comps from when they purchased the home. I found that there was a buyer who also purchased a new inventory home (same floorplan & same builder.) The other buyer WAS represented by an agent and paid $20K less than the couple I met at my listing appt. Due to this they have to postpone selling their home. It's very sad but a Builder will take advantage if given the opportunity.
I worked strictly as a Buyer's Agent in new home construction for 3 yrs and have worked with just about every builder in the DFW area. I would highly recommend you be represented by an agent. They will be able to negotiate the asking price for you.
Please feel free to call or email me if I can be of any assistance. I hope to hear from you soon!
Make it a Blessed Day!
Tamika Turner Goree
Keller Williams Realty Coppell
Cell: (972) 697-1178
Fax: (682) 222-1049
Realtors can also provide great insight not only on the differences between builders, but the differences between subdivision locations and other factors that may be important for the long term value of your investment.
Best of Luck!