If you're considering homes for sale by their current owners, there are number of excellent prospects in both Fremont and Milpitas that will also fit your current budget, so while we are gearing up for a brisk sales season this year, I do think your budget should allow for a home purchase in your desired area. If you choose to purchase a home in a new homes development TAKE YOUR AGENT WITH YOU ON THE FIRST VISIT (sorry not yelling...they don't let us "bold face" anything). If you register with the sales office without your agent, you will not be allowed at a later date to bring an agent into the transaction. And, of course, to maximize your purchase, choose an agent (like me) who gives buyers rebates at close of escrow. This way, you can buy a home AND have a little money (up to 1/2 of the commission offered to the agent) to customize the home or to make repairs. Good luck!! Up to 50 percent commission rebate on qualified purchases to buyers.
I have worked for a new home builder so I understand the developers mind set.
First off if you have been to the community and registered already, the developer most likely isn't going to pay your buyer agent's commission.
The commission offered is built into marketing dollars so that really isn't a factor to them in their negotiation.
The reason to have your own agent is to have an advocate on YOUR side vs the sales agent who is all for the Developer. The new construction contract is very different than our resale purchase contract and you could end up giving up your earnest money and not even realize it.
Markets change and when it is a seller's market the developer is less likely to make deals. Be prepared to compete, if necessary. Who is going to negotiate for you? Your own agent? Or the agent who is responsible to get the highest return to the developer?
It is suggested you get your financing in order and select an agent up front before visiting the community. If you use the builders lender the builder may give you a credit. However, those fees may be built into the lender fees. Also, in brand-new construction what would be standard and typical closing cost paid by the seller is often passed on to you the buyer.
All the best to you.