Although sales people whom work for the builders are often quiet good, many are just beginning their career or attempted a career as an agent and chose to go the builder route.
Most importantly, they work for the builder, not for the buyer. They sell builders homes all week long. They understand how to steer the conversation to benefit the builder. With a real estate professional representing you, this type of sales speech is often side stepped. Instead, a good agent should go in with their own value comparisons, have questions for the builder, speak to recent buyers and negotiate the best price for you.
After the sale, your agent should have the name of a licensed and qualified inspector. Often times, buyers think because their recently purchased home was "new" there should be no defects or repairs required. Some of the largest repair work I have seen has come from new construction!
Good luck with your purchase.
Also you may make a great connection with a local realtor, they can tell you a lot about the area you are looking in and can steer you in the fight direction to shop the financing (yes shop it, the builder may not be the best deal you can get). Plus your agent may know of a nicer area with similar prices or of a better builder who is offering great incentives.The KB person is not going to tell you that you can get more for your money at the competiion, or that their neighborhood borders a bad area. Plus If and when you get ready to sell and assuming you had a good experience, you will be able to call on this person to help you market your home.
So.....pick someone that took time to answer, ask friends and family, or someone you work with for a referal to a good agent. Don't be afraid to tell them you are going to meet more than one agent and "interview" them to find someone your like doing business with and If they are a professional they will appreciate that and not pressure you( a friendly follow up call or two is not pressure).
You will be giving this person the oppurtunity to earn up $3000.00 for every 100K you spend. So I think its important to give my money to someone I like.
The price or incentives on a KB home do not change if you have a buyer's agent or not. They pay commissions to Realtors out of a seperate fund and it does not limit your ability to get the closing costs negotiated.
KB Home has always had a long standing commitment to reach out to the Realtor community and parther with us as much as they can. They have a very clear understanding that if they operated like that, they would be out of business pretty fast.
A buyers agent is very valuable to have on a new home. We can help you to get a better deal on the home, get you better financing, and if you are building the home, its an extra set of eyes on the construction that can keep watch on things while you are at work.
You don't have to have an agent, but I will tell you... it is nice to have someone by your side that knows how everything works, and represents you and not the seller. This can help with repair issues, or any other items that come up. We are a third party that is not emotionally attached, and our goal is to get you the very best deal possible, watch your back, and be sure everything goes as smoothly as possible.
It's your call... but dont let them talk you into the old "i could use the realtor commission towards your closing costs" because they don't do that. That was a shady thing to say to you to be honest.
Jason C Campbell
Platinum Top 50 Finalist
Option One Real Estate
I used to be a KB Home sales person and that is simply not true. They build in the commission for realtors and give incentives for your closing costs. I was also a customer service representative for KB Home and know what the warranty consits of and how it works. In my time as a KB employee, I found that buyers need to have representation, especially from someone who knows the process and what to look for, I bring that experience to my clients.
I own a KB home and I'm very happy with my choice and I've had several clients purchase from KB Home.
It would be my pleasure to help you as well.
Reliance Residential Realty
(210)788-1450 Direct Line
Barbara Heath Coker
Sr. Licensed Loan Officer
100% Home Loans All Over Texas
YES, you need an agent for any home purchase, preferably an ABR, Accredited Buyer Representative that specializes in helping buyers. The commission fee is built in regardless, either your buyer agent who represents you gets it, or KB's salesperson, who represents the builder (NOT YOU!) will get it. If they are offering closing costs, you should get those regardless. SOUNDS REAL SHADY THAT THEY DON'T WANT YOU REPRESENTED!
Justin Werner, ABR, CRS, SFR
Accredited Buyer Representative
Certified Residential Specialist
Short Sale & Foreclosure Resource Certified
10000 San Pedro, Suite 110
San Antonio, TX 78216
Past Client Video Testimonials:
Your Home Sold in 120 Days, GUARANTEED!
Save at least $2,500 on your next home purchase, GUARANTEED!
My answer to the question is absolutely sit down with at least two agents with a list of questions, then choose one to be your second set of eyes and guide during this 3-12+ month process. There are plenty of opportunities to not serve yourself as best as you could have if you go unrepresented.
Personally I have a 14-point checklist of value-add interactions for buyers of new construction.
If you go directly to the KB Sales Person, I don't necessarily agree with others that you will not be represented and the KB sales person works only for the builder. That may be the case where you are considering buying but it is not the case in New Jersey where I work. In the scenario where someone wants to put in an offer on my listing, it is considered dual agency and the agent works for both buyer and seller.
I do agree with one of the other realtors that an agent working on your behalf should be able to negotiate closing costs for you.
Lastly, if you went directly to the sales office and your agent didn't go with you or register you, you may be stuck with the KB sales person. If you went, did you fill out/sign anything?
If you need a referral for a good agent in this market, please call me.
Terri E. Hutchinson
488 Springfield Avenue
Summit, NJ 07901
If you need help. Please let me know. You need representation. Don't be fooled. Always remember that all sales counselors that work with a builder are there for the builder, that is their job...to sell as many properties for the builder as possible...that is how they are also compensated in sales.
Hope that this helps you.
S_lloyd27, I am glad you see the importance of being represented by a competent realtor. However, I am one of these realtors, that earn EVERY penny of their commission.
Joyce Klein Realtors
Make no mistake, regardless of the type of real estate transaction, all buyers and sellers should have their own personal representation. So, do you need an agent...No! Should you have an agent....absolutely! Hope this information is helpful.
...As a Buyers Agent, I get paid by the builders and cooperating Brokerages in return for showing their products... House are priced with commissions included, paid by the seller to represent you, "the Buyer"...It would be against your best interest especially if the seller has already included commissions to the price of the house, more profit for the Builder, and NO Representation for YOU...
In short, I would be happy to provide you with comprehensive, high-quality buyer's service. I can assist you with your purchase on a Newly Built Home (I work with all Home Builder in San Antonio), Pre-Owned Home, Land acreage, For Sale by Owner, and all Foreclosure Properties. Please don't hesitate to call or email me. I look forward to the opportunity of earning your business. More importantly, to adding to my list of Satisfied Customers.
Contact me any time,
Rosie Kelch The Singing Realtor
24 Years of Real Estate Service with A Song
Hablo Y Canto en Espanol
210-846-3027 Mobile Text Friendly
24-7 Information Hotline 800-811-5759 ext 1111
Well if your KB agent represents the seller, how will this individual also represent your interests? Not very easily I would guess. This is called "Dual Agency" and it's illegal in many states. I believe the statement is also unethical as well.
You have a right to proper representation and if this representative would rather not pay for it, that's not your problem.
I see rough waters ahead so I recommend you look for a really good "Buyer Agent" to help you with this purchase.
You will be glad you did!
The representative/agent you are talking to works for the builder. They are paid to sell homes, and upsell you on as many upgrades as they possibly can. They are representing the builder's best interest, and looking out for THEIR bottom line. It would wise to have someone looking out for, and representing yours.
Barbara Heath Coker
Sr. Loan Officer
100% Home Loans All Over Texas!
I hope everything works out for you. let me know if you need help.
Real Living/Best Homes
Real Living/Best Homes
You can call or text me right now on 210 379-2799.
Leah McNamara GRI BPOR
Best Practices Realty
Call or Text: 210 379-2799
Web Reference: http://www.BPR.co
Barbara A Ayala,ABR
Keller Williams Realty
210.696.9996 x 257
REALTORÂ®, ABR, PMN, CNAS, TRLP Graduate
Coldwell BankerÂ®, D'Ann Harper, REALTORSÂ®
7523 N. Loop 1604 West
San Antonio, TX 78249
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USAAÂ®Movers AdvantageÂ®Preferred Agent
Texas License #0207820
Texas Law requires all real estate licensees to give the following information about brokerage services:
Please click on the link below for this important information:
Jose L. Novelo
Better Homes & Garden Real Estate/ Bradfield Properties
Century 21 Northside
Keller Williams Alamo Heights
(210) 454 2904
The amount of the seller's contribution is determined by the type and amount of the loan by law.
If you purchase a home without being represented, you are taking your chances that you are treated in your best interest or in the best interest of the home seller.
The sales people at the new home sites work for the builder and do NOT represent you...they represent the builder.
It is my strong opinion that you get your own representation in any home purchase, new or otherwise to represent you! On a positive note, builders and sellers generally pay this fee to the buyers agent, so you get representation for free.
By the way, they are going to give you an incentive anyway, bringing an agent does NOT hinder you in any way financially. Whomever told you that is telling you a lie!
If you need help, please feel free to call me. I would be happy to assist you with a new home purchase.
ABR, CRS, GRI, e-Pro, ALS, ALHS, TAHS, SRES, green, TRLP, REALTOR
Coldwell Banker Dâ€™Ann Harper, Realtors
Cell - 210-501-9133
Fax - 210-468-1868
MULTI-MILLION DOLLAR PRODUCER SINCE 2003!