Home Buying in 21029>Question Details

Buster, Both Buyer and Seller in 21029

I am speaking to a builder who is building $1M homes, what is the best way to negotiate with a builder?

Asked by Buster, 21029 Sun Jul 20, 2008

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5
Holy crap. This website is a total scam. every time you ask a question, some realtor answers it with "you need to a hire a realtor, it's the most important thing you can do". no useful answers, just "pay us for stuff you can do yourself". what a racket!
0 votes Thank Flag Link Sat May 11, 2013
FYI home buyer, in MOST cases the seller pays ALL of both the buying and selling Realtors/Brokers commission in a transaction. What we get paid for is our knowledge, continuous education and experience to facilitate the sale and protect our clients from their own home buying and selling ignorance. Why pay a builder? Is that a racket too? I know I watch plenty of DIY and HGTV...
Flag Wed May 29, 2013
Talking with the builder is great for fact finding and digging around for information. In most cases, as you may have heard before, you really want to have representation when negotiating real estate deals. The builder is trying to protect their interest, who is protecting yours?
0 votes Thank Flag Link Sat Aug 16, 2008
I'd request a huge discount on options in the house. Builders pay less than the option price, so are more inclined to accept give-aways over a flat out discount. In this market, try BOTH, and see what they say.
Web Reference: http://optionsrealty.com
0 votes Thank Flag Link Thu Jul 24, 2008
The best way for you to get a great deal with a builder is to have Buyer Representation with an agent that has experience dealing with builders. Since my father was a home builder, I know how to negotiate with a builder. Also, it depends on whether the builder is a local builder or a large, national chain. Either way, I can definitely help you get a great deal on a new home from a builder. Just helped another couple recently buy a home from Lennar and they got a fabulous deal! We even negotiated for them to use their own lender because it was more beneficial for them to do so. Call me anytime at 443-243-1832 or email me at tina@tinabeasley.com. I would certainly be my pleasure to help you get a great deal on a new home from a builder.

FYI...builders have some very difficult contracts that most consumers do not understand. Those contracts are written to their (the builder's) advantage. It is important for you to have the proper representation when you decide that you want to buy a home from a builder. Without an agent that has experience with builders, you are taking a risk.
0 votes Thank Flag Link Thu Jul 24, 2008
In all honesty the best way to negotiate with a builder is to hire a buyer's agent and have your own advocate. The builder has "his", that is the salesperson. Builders and salespeople are notorious for making you feel as if they are your agent, but it is exactly the opposite. You need to be sure you are represented by someone who understands how builders operate and are capable of doing the market research to help support your negotiating points. I recently sold a home in Howard County, not far from Clarksville. I would be more than happy to assist. I can be reached via email at LDevnew@cbmove.com or on 410-615-0990
Lisa Devnew
0 votes Thank Flag Link Sun Jul 20, 2008
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