Should You Use A Real Estate Agent When Buying New Construction?
Many people who buy homes buy used homes, which may have underlying issues. However, even if you're buying new construction, you can benefit from a real estate agent in your corner. In fact, having a good real estate agent could mean saving a lot of money and getting the house you really want. To learn more, keep reading.
They Are on Your Side
The number one reason to have a real estate agent help you is that they are on your side. The real estate representative selling you the house isn't on your side; they are on the side of the builder. As a result, they may misrepresent information. For example, in many cases, you don't view the house you are buying; you view a model house.
However, these model houses usually have all the bells and whistles. If you wanted all those features, the house could become costly. Your real estate agent will make sure you know what your house comes with at the base price, so you don't end up buying a house you didn't want.
In addition, the real estate agent can let you know if the area is a good fit for you, what amenities are nearby, and who else is buying into the area. For example, if you are a young couple, you probably don't want to buy a house in a neighborhood where a bunch of retired seniors have purchased a house.
They Can Negotiate
A real estate agent also has the skills to negotiate a better price. Therefore, if you do like some advanced features that aren't included in the base price, your real estate agent may be able to have them included or reduced. Plus, they know the value of other homes in the area, giving them a better negotiating platform off which to start.
Above all, however, your real estate agent has relationships with lenders in the area. Not only does this mean you don't have to accept lending through the builder (which can be expensive), but it means you may be able to find a lower interest rate.
They Can Provider External Inspections
In a perfect world, a newly built home is perfect, but even new homes can have issues. Cutting corners, mistakes, etc. can lead to expensive issues down the road. Naturally, the builder can provide information on inspections, but their focus is their bottom line. Your focus is your investment.
If you have a real estate agent, they can set up external inspections. Plus, because they work with them often, they may be able to get you a good deal.
Buying a house is an exciting time, but if you don't know what you're doing, it can become an expensive mistake. With a real estate agent, you'll have better luck getting the house you want for an affordable price. For more information, contact a real estate agent in your area today.
For more information on new construction home real estate, contact a realtor near you.