Question Details

James Bond, Real Estate Pro in 08540

Buying New Construction thru a realtor?

Asked by James Bond, 08540 Wed Mar 19, 2008

What are the advantages (or disadvantages) of buying a new home thru a realtor as opposed to buying directly from the developer?

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Answers

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Hello Faisal,

Personally I’ve only seen disadvantages when a person intends to purchase a property through a builder without a Realtor.

A Realtor can help you negotiate the best price possible and he/she will know where to start this negotiations. Sometimes buyers are led to believe that you can’t even negotiate with the builders, and that’s not true.

There is a myth around that if you buy without a Realtor you can get a better price because the builder doesn’t have to pay a commission. This is not true because the builders don’t want to have their prices fluctuate too much because this will deter all appraisals in the community.

A good realtor with a good relationship with the builders might also help you negotiate better incentives. Overall going without a Realtor can be more of damage than an advantage.

Choose your Realtor carefully and make sure he/she is working in your best interest.

Best Regards and Good Luck!

---
Carlos German
When in doubt talk, to a Realtor who understands your goals.
Am I that person for you? There's only one way to find out…
Contact me today! 407 744 7190 or http://www.rebycarlos.com
Web Reference: http://rebycarlos.com
0 votes Thank Flag Link Wed Mar 19, 2008
All developers have their broker’s license. All real estate agents have their real estate licenses. Buying from a developer is like buying from the seller’s agent. Would you go to a house and the agent that is selling the house on behalf of the seller also offers you to help buy? It can be a conflict of interest. By going through a Realtor, you have someone representing the purchase with only YOUR best interests at hand. It's always better to have someone in your corner!

Hope that helps!
0 votes Thank Flag Link Wed Mar 19, 2008
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