You’re buying a house and you’ve decided new construction is the way to go.
What you may not realize is that it’s in your best interest to hire a realtor to deal with the builder’s agent. Why? Because while the builder’s agent is looking out for the builder, you need someone to look out for you in this whole process.
A real estate agent can provide helpful information on the builder, the neighborhood and the community you’re looking to build in. Your agent will also deal with the builder’s agent to get you the most house possible, and can negotiate extras, recommend financing and oversee the home’s inspection, according to the National Association of Realtors.
Extras your real estate agent can negotiate for you include such items as upgraded counters or appliances, paint color, garage door style and more.
Regarding financing, your builder likely deals with a specific lendern and will recommend that lender to you. However, if you hire a real estate agent to represent you in your new home construction project, he or she will look into various lenders in order to get you a mortgage that is both affordable and workable for you, adds NAR.
Your real estate agent can also oversee your new home’s inspections. This is a necessary step to make sure your construction has no defects, is up to code and that your builder doesn’t cut corners.
And while your builder’s agent is a good source for style and amenities, a real estate agent representing you can also provide a “second opinion” and be a valuable tool tool to offer ideas for your new home that you may not have thought of.
You’ll also have peace of mind knowing that you’ve had somebody in your corner during the entire project.