Buying a new home from a builder is an exciting time. So, you may ask, do I need a real estate agent? The answer is a definite yes! Let’s take a look and see precisely why you need a buyer’s agent.
What is a buyer’s agent?
We begin by looking at the different relationships and who is working for whom. The builder’s sales agent is working for the builder and not the buyer. The buyer’s agent has the best interest of the buyer in mind, not the builder. Ask yourself this question: Would you go to court without legal representation? Certainly not, nor should you go it alone when purchasing a home from the builder.
How a buyer’s agent helps you
Financing is involved in most new home purchases. The builder may try to steer the buyer toward their preferred lender. It may be suitable for the builder but may not be the best deal for the buyer. A buyer’s agent can provide additional sources of financing and compete for financing options through several mortgage lenders. Different financial options could save a home buyer tens of thousands of dollars during the life of a mortgage.
A home inspection before closing can help avoid costly mistakes and inconvenience. An experienced REALTOR® can help you in the selection process in finding the right inspector. Conducting a home inspection before the expiration of the builder’s warranty is strongly recommended.
Negotiating with the builder on the buyer’s behalf is another benefit of working with a buyer’s agent. The buyer’s agent can help you arrange for the extras that a builder may not readily concede. A buyer’s agent will be more rational and less emotional. An emotional buyer could end up paying considerably more for options that a builder may reveal during negotiations with a buyer’s agent.
Conclusion
Hire a REALTOR® to represent you and your interests before signing on with a builder. You could save tens of thousands of dollars by avoiding costly mistakes.
Thinking of Buying or Selling a Home? Call Ed at (941)-799-9440.. #edcurryrealtor #listwithme #bradentonhomeseller #sarasotahomeseller #manateerealtor #listwithed #listwithedcurry #listsarasotahome @edcurryrealtor www.edcurryrealtor.com
