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Buying Pre-Construction?
Heres Why A Real Estate Professional
Should Represent You in this Case
By Crissie Cudd
It might not seem necessary to involve a real
estate professional in a transaction where a buyer can deal
directly with a builder. Think again! A real estate professional
representing the buyers interests, can guide you along
the right path, smooth the rough places and help ensure you
make a decision you can live with (and in) for many years.
Heres how:
Just
as a real estate professional calls on experience and knowledge
of an area to help buyers locate pre-owned homes in a community,
he or she can also direct buyers interested in newly built
homes to developments and communities that match client specifications.
An agent can suggest builders based on their reputation for
delivering a high-quality product, responding quickly to issues,
and being financially sound.
An agent may be familiar with how a builder prices his products
and where there may be room to negotiate price or upgrades.
Without agent representation, you are one buyer purchasing
only one home. But an agent can significantly impact a builders
bottom line by providing a steady supply of customers. The
agents leverage may work in your favor at the negotiating
table. [Note: The builder may require your agent to accompany
you on your first visit to the site. Check with the builder.]
When relocating to a new area, agents can be particularly
valuable resources. In addition to providing local area information
regarding schools, day care or elder care services, public
transportation, proposed development, and so on, once construction
is under way, an agent can periodically stop by the work site,
supply you with progress reports, and photograph or videotape
phases of the construction.
An agent can assist you as you face hundreds of design choices
and consider which upgrades could potentially add value to
the home when it comes time to sell.
An agent can accompany you at the site while you okay the
plumbing and electrical locations prior to drywalling, as
well as on the walk-through or builder orientation.
By now, you should be convinced of a real estate professionals
value as you search for and purchase a newly built home. Still,
heres one more great reason to work with an agent-the
builder pays the agents commission. You enjoy individual
attention and support at no cost to you. What a great way
to start life in a new home!
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