Home Buying in Willowbrook>Question Details

Rebecca Buyer, Home Buyer in Willowbrook, IL

Is there more negotiating power without a realtor when you build your home?

Asked by Rebecca Buyer, Willowbrook, IL Tue Jan 15, 2013

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4
Rebecca,

New construction is one of my specialties.

You might have better negotiating power without a realtor but it will still cost you if you don't have an expert in your corner. There are dozens of things that builders typically do that people would not want if they knew better. If you work with someone who knows new construction materials, techniques, contracts and pricing, you will have a better chance at getting the home you want at a fair price.

Many builders will cut corners to save a few dollars, knowing that it will cost you a lot more to change those things later.

Anyone who is thinking of having a home built should have both an attorney and an agent or consultant who are knowledgeable about new construction. Having your own expert representation will save you money in the long run and help you avoid overlooking things that you will want the house to have once it is built.

Paul Scheufler
Expert Realty Services, Inc
0 votes Thank Flag Link Wed Mar 20, 2013
I agree that it is important to have your own agent to represent you if the builder has an agent or a rep in the trailer or model home at the site. Using the same agent that represents the seller is like two football teams using the same coach. In real estate we call that dual agency and in Illinois it must be disclosed. Get your own coach to represent your interests and it will often save you money as well as protecting those interests. That being said, if you are talking about custom construction where you already own the land and are picking your own builder for that lot, you probably wouldn't be using the services of a Realtor. In other cases, you (with the services of your Realtor) may find a builder's listing of new or potential construction on the MLS where that builder has listed the property with his/her own Realtor. Then, again, GET YOUR OWN COACH! Happy House Hunting!
0 votes Thank Flag Link Tue Mar 5, 2013
Potentially and theoretically.....Yes! However, not having professional representation on your side can also cost you tens of times that much in not only dollars, but missed opportunities, problems, risks, pitfalls, regrets, etc...........just sayin'!
0 votes Thank Flag Link Wed Jan 16, 2013
You can do either or, but the agent at the community "might" have a biased opinion. They are not supposed to if they represent both sides, but in life, everything doesn't always go as it should. I would suggest finding someone on here or on Zillow with some great reviews that could definitly be an asset in your corner. Good luck with your new home search!
0 votes Thank Flag Link Wed Jan 16, 2013
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