The Role of a Real Estate Agent in New Construction

4/25/2023

What is the role of a real estate agent in new-construction home?  There is more to living in a community of new homes than just being the first to occupy a freshly minted house and enjoying all of its up-to-date features.

“When you do buy new, you and your neighbors are creating a special synergy within that community, unique to any existing neighborhood. It is a different experience compared to buying in an established community,”

“There are some amazing benefits with brand-new construction,”  “You experience and watch that property develop from the ground up. It’s an exciting process that affords the purchaser an opportunity to customize selections and be part of the development process.” 

As homebuyers consider their housing opportunities, and when they’re weighing a new home vs. a pre-owned or “resale” home,  there is a tremendous benefit to new construction. The consumer is gaining the latest building codes, the latest design trends, safety features, and energy efficiency in those properties.

What about on-site agents?

Many potential buyers learn when visiting model homes that an on-site agent is there to try to initiate a sale. That should not be an obstacle to working with your own agent, Mary said. “Because we understand the new-home process, we are able to provide better representation for those clients and help them maximize their purchase value. We work with them to consider all negotiations and aspects that might need to be addressed during or post-construction. There is no reason a consumer should not have buyer representation with any new-home purchase as well. Builders often appreciate the representation too as we help buyers stay on track with important deadlines and their purchase process.

Home buyers often don’t understand the entire new-home process. Having an agent as their advocate can help homebuyers by providing more due diligence. That can include additional research on a property, plus post-construction inspections, because builders sometimes miss things that might need to be addressed or completed in a home. “Construction is not a perfect science, and mistakes do happen. As we know, buying and selling a home can be a stressful process as is, and construction errors can add another dimension. Proper representation can definitely make a difference in that experience as well.” 

An invaluable service to clients is the ability to help them when they’re considering their inspection processes.

 

“SOURCE: The Role of a Real Estate Agent in New Home Construction: Expert Advice