5 Reasons You Need a Realtor when Buying a New Build
New neighborhoods are going up throughout Forsyth! If you and your family are considering buying a new build, you may find yourself asking if you really need a realtor. Maybe you believe the onsite realtor will be sufficient.
Here are 5 reasons we believe it's in your best interest to have your own realtor when buying new construction.
1. The onsite agents represent the builder.
These realtors are contractually obligated to represent the builder. They are a great resource for explaining differences between model and floor plans, sharing financing options, and giving information on upgrades offered and any specials. While providing useful information, you must remember their priority is the builder.
When it comes to the important decisions, you need someone who is looking after YOUR best interests! When you work with a realtor, they are advocating for you and making sure you are getting the best deal possible.
2. A realtor ensures fiduciary responsibility.
Your realtor's responsibility is YOU! Whereas onsite agents are obligated to the builder, your realtor is contractually obligated to you. They look out for you best financial interest.
A realtor can help walk you through the contract and explain how different riders, clauses, and upgrade options affect you. You can have confidence someone is working to protect you. They will make sure you fully understand the contract before signing.
3. A realtor can help you negotiate a better deal.
A realtor will be your advocate when negotiating the terms of the contract from upgrade options to financing and closing costs.
Sometimes it isn't in your best interest to work with the builder's preferred lender, even after incentives. A realtor can help you choose the best financing option. Working with an experienced and trusting lender is vital to any home buying process.
Whether you use the builder's preferred lender or a third party, a realtor will work to make sure you get the best interest rate possible and get the loan that works best for you.
4. A realtor will handle contract contingencies and inspections.
Along with aiding in lining up financing, a realtor will work with title companies and attend numerous inspections throughout the construction.
A realtor can accompany you to inspections. They will be a second set of eyes to make sure you don't miss anything.
You will have someone on your side to manage the process. They will hold the builders responsible for keeping the build on schedule. They will also monitor your financing and make sure the transaction is smooth as the build nears completion.
5. A realtor can help you choose upgrades.
The can help you choose what will add value to the home and pay off later.
Buyers aren’t usually thinking about reselling, but a realtor can keep you focused. Their job is to know what home features buyers are looking for. They will help you make smart upgrades that will add value to the home so that you spend your money wisely.
This ensures that the home can be an investment for the future while still being suited to your tastes.
Thinking about buying a new build? We can help navigate the process! From upgrades to contracts and financing, we have the experience and knowledge to help you make the right decisions. Click here to get started.