Should we hire a realtor if we are going to build a home?

Steve
Home Buyer
Lemoore, CA

My wife and I are looking to build a home in a housing complex. We are not sure if we should hire a realtor to help us with negotiations and paperwork? What is the protocal in this situation?

Answers (3)
Steve Ornellas:...
Broker
Fremont, CA

Hi Steve, work with a Realtor to protect your interests, here's a "few" reasons why:

http://docs.Steven-Anthony.com/BuilderRealtorAgent.pdf

Best, Steve

Mon May 11 2009, 10:24
Chris Mabry...
Agent
Tucson, AZ

Steve,
Shar's advise is right on. The site salespeople represent the builder. Sure, they can facilitate the purchase just fine. But they are not there to look out for your best interest. It costs you nothing (usually) to have a Realtor represent you with a builder. A good Realtor will know the process and be a huge help to you. And yes, even though the builder has to pay the Realtor's commission, you are still likely to get a better price on the home with the negotiating assistance of an agent. One thing to be aware of though.....if you visit the sales site and register with the builder, the you have actually waived your right to representation. Make sure that your agent is the first point of contact for any home that interests you, and that they come with you on your first visit to the site. New construction offers some of the best buys going right now. Keep in mind that the builders are willing to negotiate down from their asking prices, unlike a few years ago. Also, ask about their incentives. Many are offering creative incentive packages just to bring buyers in the door. Go get 'em!!

Chris Mabry,SRS,e-PRO
Realty Executives Southern Arizona
Chris@MabryHomes.net

Sun May 10 2009, 21:43
Shar Rundio
Agent
Mesa, AZ
FIRST ANSWER

Steve,

It cost you nothing to use a Realtor on the purchase of a new build. The agent in the sales office is hired to represent the seller's best interests so it is always advantageous to have someone representing you and working in your best interests. In many cases your agent may be able to help you negotiate a better price, terms or upgrades. At the very least you'll have someone who is negotiating on your behalf and handling the contractual obligations.

Best of luck with your home purchase.

With Your Success in Mind,

Shar Rundio
Keller Williams Integrity First Realty
480.560.7255

Sun May 10 2009, 20:59

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