Friday, March 31, 2017 / by Jason Huerkamp
There is a misconception that buyers do not need representation when opting for new construction. New Home Builders marketing teams often tell buyers that they don't need buyer representation when purchasing a new construction because "they don't have anything to do with the construction process". This is not correct. You should have buyer representation.
We, as real estate agents have heard the good and the not so good stories. Many times a buyer that we had coached through the idea of having buyer representation has been so grateful they have used our services. Here are some of the Myth's of new construction.
Myth #1 - You will get a better deal if you work directly with the builder.
This is not true. The builder has a price and his price set for his construction. He is not going to give you a better deal. Often the buyer's agent knows exactly what can be included and where to push the boundaries and inclusions. The builders marketing team is not going to tell you what ...
Tuesday, January 24, 2017 / by Jason Huerkamp
New Home Construction
Whether to buy an existing home or have one built is yet another decision to make during the home-buying process. If you decide to go with new construction, a real estate agent can be a powerful advocate in your corner as you negotiate upgrades, a move-in date and other terms with the home builder.
Below are some basic pointers to prepare you for the journey ahead.
Selecting a Builder
Shopping for a large production or custom home builder can be a daunting task. Start by defining what architectural styles appeal to you and then seek out the builders in your area who offer those styles. Due diligence is essential. Ask friends for referrals to get firsthand accounts; verify the builder's state license status, if applicable; and check whether they're certified by the National Association of Home Builders.
The Builder Representative and Your Real Estate Agent
A builder representative's ultimate goal is to sell you a home. His or her role is t ...
Friday, November 25, 2016 / by Jason Huerkamp
Most times a Buyer will appoint a buyers agent to represent them and their best interests when purchasing a resale property, however that fact is often overlooked when purchasing new construction. Most buyers think that the New Home Builder has his own in-house marketing team who will give them the best price on the home they wish to construct. That is a myth. The agent in the Builders Model Home will then receive two sides of the commission and she/he will still be acting for the Seller and not always offer you the best negotiating options.If you are looking for a new construction home it is a good idea to get your own buyers representation. These are the points you should know about New Construction
The Seller is represented by the wonderful marketing person inside that model home
The Sellers Representative is looking after the New Home Builders best interests
They will not tell you about the special deals they have. They tell you only about w ...