We're back with three more reasons why you should always work with a real estate agent even when buying a new construction home from a builder.
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Today marks the second installment of our three-part series about why you should work with an agent when buying a new construction home from a builder.
You can see the first installment and the first three reasons here.
Now, for the next three reasons to work with an agent when buying a home from a builder:
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You will have someone on your side. Going to a home builder's office is a lot like going to a car dealership. The salespeople at the office knows that they have one chance to sell you a home in a particular area, and if they miss that opportunity, they may not get another chance. Unfortunately, they'll use a lot of tactics car dealerships would to try to break your spirit a bit and get you to sign on the dotted line while you're there. An agent will act as a buffer and give you someone to fight back. You should have someone there with you to push back and level the playing field with the sales rep and their manager. An agent knows the material and won't be intimidated by all the lingo thrown at them.
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Agents know what to ask for. Builders will have varying guidelines to approach contingencies, like if you need to sell your current house before buying the new home. Some builders allow contingencies and some don't, and some will only allow it for certain stages in construction. These policies will vary from builder to builder. An agent knows which questions to ask and how to counsel you properly so you don't sign anything to obligate yourself in a way where you can't hold up your end of the deal and lose your earnest money deposit. Sadly, a lot of people lose their earnest money to builders.
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We know what the other builders in the area have to offer. A good agent is familiar with all five or six builders in an area; we've been to their sales offices, we know what incentives they have, and we have an idea of their inventory and time frames. Every builder will tell you that they have the best materials and construction techniques, but a good agent will help you differentiate them. We know their reputations and which ones have the actual best materials and construction techniques. We'll basically act as a BS filter to tell you whether they're being truthful or giving you a sales pitch.
Be sure to tune in for part three of our series about working with an agent when buying a home from a builder. In the meantime, give me a call or send me an email if you're thinking about buying or selling a home here in Denver. I'd be glad to help!
Today marks the second installment of our three-part series about why you should take an agent when buying a new construction home from a builder.