Should You Hire A Realtor When Buying New Construction?

Abby Husbands
Published on October 2, 2018

Should You Hire A Realtor When Buying New Construction?

Driving through Austin and the surrounding cities, you can’t help but notice all of the new homes subdivisions currently under construction, so if you’re considering building your next home or moving into a new home subdivision, is it really necessary to hire a real estate agent? Well, sit back as I discuss why you should strongly consider hiring one now.

Hey y’all. Abby husbands here. I’m a realtor in Austin, Texas and today I’m going to be discussing why you should consider hiring a real estate agent if you’re purchasing new construction. So let me just start by saying I have sold a lot of new construction homes, mainly because there are so many benefits to them and one of the ones is that my clients will not lose out in a multiple offer situation with a builder and I also want to say that I love all of my new home sales associates. They’re all fabulous. They’re great at what they do, but something that you need to consider as a buyer is that they worked for the builder. You need representation and someone that will work for you. The builder’s sales associates are fabulous especially when it comes to the floor plans to finish-out the community, all of the perks of moving into a certain subdivision, the area of town, the schools, but they represent the builder.

When you hire an agent, that agent is going to make sure that your best interests are in mind and one of the things that we do is to help you negotiate extras. A lot of people are under the assumption that buying a new home means that it’s that set price and that’s all you get. Well, that’s not necessarily true. I haven’t been able to negotiate things like blinds, ceiling fans, Hoa paid for the year, refrigerator washer and dryer owner’s title policy. There are all sorts of things that your agent can negotiate on your behalf that can save you thousands and another reason to hire your own real estate agent is that we can do the leg work for you. So say you want to live in round rock and there are 27 new homes subdivisions in round rock. We can help navigate which builders are great, certain incentives that are being offered at that particular time, what schools, the amenities. There are all sorts of different reasons why one person would love one subdivision over another. Instead of you trying to navigate through all of the new homes subdivisions, that’s what your agent will do on your behalf. We’re here to do the legwork and the research for you and find homes that best fit your specific needs.

Something you’ll see quite often when you go into new home subdivisions is that they usually have a preferred lender and if you’re unrepresented, you just assume that you are required to use their preferred lender and that is not the case. A lot of times they’ll dangle a little carrot of a owner’s title policy being paid for by the builder if you use their preferred lender or so many thousands of dollars in closing costs or you name it. There’s always different incentives going on, particularly right now in the fourth quarter when they’re trying to move these houses. And if you have a complex tax return and you’re not necessarily a cut and dry W-2 employee that might be problematic on down the road. So it’s always great to have your agent help navigate through the lenders to find what would work best for your scenario.

We can be your eyes and ears. If you have a very demanding job or if you don’t live in the Austin area yet, we can go to your walkthroughs. Well, I do because I have over a decade in construction, actually more than that in my background, I go through and I check out every single step of the process when the house was being built because there are certain things that you may not notice that I might, and it’s also time-consuming. If you don’t have the time to run by your house every week, your agent can do that for you. At least I do that for my clients. I’ve had clients that have been out of the country to where I’ve had to do their final walkthroughs for them. They have given me the authorization to do sign-offs. That doesn’t always happen, but I’m just saying use us like we’re here to represent you and to make this process as stress free as possible.

I always suggest that my client get a final home inspection done on that house from a third party. Just like if you’re buying a resale home and you have an option period, you’re going to get a home inspection. I strongly suggest that my clients do the same with new construction because things have popped up & you wouldn’t think that be the case but it does. Hiring your own inspector costs about $400. They come out, they do a thorough inspection of all of your mechanical systems, your roof, electrical, everything. We typically just forward that inspection report onto the project manager and that’s part of your punch list. You can get everything done, finished and complete prior to your closing date. 

If you have any questions, you can leave them in the comments section below or you can reach out to me directly through the contact form on my website.

***This blog was transcribed using REV.

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