You may find the following quite helpful if you are leaning towards a new home builder purchase:
"Why You Do Need a RealtorÂ® When Buying From a Builder"
Visit http://www.BlackstoneEDH.com for more information and to speak with a Blackstone El Dorado Hills real estate expert today!
If you have other questions or need help I'm almost always available.
Michael Alumbaugh, Realtor
FIVE STAR AWARD Agent
REMAX Gold - El Dorado Hills
Cell # 916.718.8270
email - email@example.com
I know this is an old conversation but I could not pass this by. Someone said that getting a new home inspected was not a good idea here in California. I am a home inspector in El Dorado County. I have found many significant issues with new homes, even the best built ones. Builders cannot always keep track of what their subs do and the county inspectors do not have the time to do a thorough inspection. They do not go in roofs, under houses or in the attic. Not having a new home inspected is foolish.
I have found: Disconnected ducts, improperly installed fireplace chimneys, a furnace that had flames coming out of the firebox, missing insulation, improperly installed windows, siding buried in the soil by the landscapers. The list goes on and this is from some of the best builders in the county.
This is not to say the builders do not do a good job. Generally they are happy to learn about these things and fix them before the buyers move in. It is easier for everyone involved. Getting a new home inspected is well invested money.
Best of all, working a buyer's agent won't cost you anything! That's right -- their services are usually free to you because the seller will pay the commission for your agent.So, yes, it would be good to go with a Realtor.
A Realtor isn't going to cost you anything and it can't hurt to have someone on your side, representing you. It's generally true, as stated already, that you're not going to get a better price. However, I've seen plenty of times when a Realtor is able to negotiate a few extra amenities--a fireplace, appliance upgrades, flooring upgrades, etc.
As for the comment that you don't need a home inspection on new construction: Absolutely incorrect. I've seen plenty of new construction with serious problems that an inspector would have caught. Keep in mind that home inspectors don't just catch things that are due to age or wear-and-tear. If a wire isn't connected properly in the breaker box or the earth next to the foundation slopes in toward the foundation, those are things you should be aware of...and can happen with new construction.
You ask why a builder would sell to someone and pay a commission if a Realtor isn't needed. Well, often it's the Realtor who brings the buyer and seller together. Buyers may not be aware of specific communities, or the types of homes in them. It's just the same as asking why an individual with a pre-existing home would pay a commission to a buyer's agent. Answer: Because the buyer might not be aware of that particular house, or the advantages of a particular community.
Hope that helps.
The home builders are under much scrutiney from the Inspectors that come in from the Building Departments and inspect the homes at each step of the bulding process; i.e., foundation, framing, electrical, plumbing, sheetrock, etc.
have a couple of more questions
Why would a seller pay some money (commission) to the buyers agent...if he can sell the home to a guy with no realtor...and hence need not pay any commission especially when it is a seller's market
as the price of the home is fixed irrespective of having /not having a realtor
1. My understanding that the seller pays the commission is correct ? or is it the Banker
I have another question, since having a realtor for the buyer is Free and (I think ) the seller needs to pay the realtor, so is there a chance that the price of home for the buyer is affected by this.
If you need any advice, please don't hesitate to call or e-mail me anytime.
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