Do you really need to have a REALTOR represent you when buying a new construction home?
New Construction Buyer Representation will be the best money you NEVER spent. Did you know that Buyer Brokerage Fees are generally paid by the Builder through their marketing budget? Builders want us to bring them buyers and to be there to support the buyers through the process. So why not have someone on your side?
Do you have friends who bought a new build and they had horror stories to share? It’s likely because they didn’t hire a professional to help them through the process. Not someone to just collect the builders marketing dollars at the end of the sale, but to actually REPRESENT their best interests.
We love working with new construction buyers to walk them through the process of purchasing their new construction dream home. We have helped many buyers over the years navigate how to go about making an offer on a new home, understanding builder contracts and their rights and obligations, assisting with design center selections, managing home inspections and holding the builder accountable to deliver a quality home.
The onsite sales rep is there to sell the builder’s product. They are generally very helpful in getting you excited about the product, explaining all the options and getting you on board. You are entering into a contract to build one of your biggest investments. The builder contracts are always written in favor of the builder. You need to know what this means for you financially. Are you getting a loan? Are the builders incentives tied to the lender they want you to use? How do you weigh that benefit compared to the underlying costs of the loan? What’s included in the price of the home. Do you understand the market enough to balance the costs of options and upgrades to market value? What happens when you choose all your dream finishes at the design center but it puts you over budget (happens all the time!). What happens when the lender appraises the property?
There are two parties in a home sale transaction – the seller and the buyer. What is important to understand with new construction is that the sales agent at the model home represents ONE side of the transaction – the seller side. They represent the best interest of the BUILDER. Of course they are nice , knowledgeable and will do their best to provide great customer service, but you need someone representing you, the buyer, on the other side of the transaction. Builders are not held to the same rules and regulations by the State when it comes to representation and contracts. You could be walking into one of the largest purchases of your life without someone who has your best interests in mind. Negotiating upgrades, reviewing contracts and identifying hidden fees are just a few of the ways a real estate agent can help when purchasing a new build.
One important thing to be aware of is that the builders use their own contracts. Resale homes use contracts promulgated by the Texas Real Estate Commission (TREC), that offer a lot of consumer protections. Builders contracts are written by and for the builder. Do you know how to navigate that? What are your rights and obligations?
It’s our job as New Construction Buyer Representation specialists to ensure you fully understand all the nuances of the contract, the local market and how your decisions can impact your financial future. After the initial sale, you need someone to be there for you, not the builder, throughout the entire construction process. You don’t know what you don’t know. We have been through this process many time and we can assure you, you need representation. We aren’t there to be party poopers, but to guide you so you make the best decisions for your future.
Are you thinking about buying new construction? Before you engage in a serious conversation with the builder, contact us.
Step 1 – Contact us now for Buyer Representation.
Step 2 – We will meet with you to discuss your goals and potential new home communities to target. We will thoroughly explain the new construction home buying process, pros and cons, pitfalls and opportunities and next steps.
Step 3 – We will schedule appointments with the builders and accompany you to all of the appointments. We must to be with you and registered as your agent in order to move forward in representing you with you in the process. Builders are very strict about this. We must be present (or you have to register us) as your agent.
Step 4 – Contract, design center, inspections and more! This is where our support is critical. We will guide you through the process and be YOUR advocate along the way. It’s your home and your money. You will still need to communicate with the builder. It’s you they will listen to. We will be your coach.
Step 5 – Build your dream home!
Let’s meet now and make a plan. To get started complete our HOME BUYER QUESTIONNAIRE.
If you have ever visited model homes in some of our local areas like Leander, Liberty Hill, Round Rock and Georgetown where most of the new construction is happening and thought that you’d love to build your dream home but you don’t know how or if you can do it, we can help you weigh the pros and cons and decide if its right for you.
Do you have a home to sell first? Do you need that equity to buy the new home? Will you be giving up a good interest rate? There are strategies for any situation. Let’s meet to discuss your concerns and options.
Here at Cedar Park Texas Living, we have guided many clients through the exciting process of buying new construction. We have managed it with both local and out of town buyers. As real estate professionals, we love that buying a brand-new home is exciting. But without professional support, it’s easy to get overwhelmed, miss critical steps, get in too deep financially or end up with less than what you expected. We are here to help you avoid those pitfalls and make the process smooth from contract to closing.
If you are in the market for a new home, we would be honored to help you find the next place for you to call HOME!
Here are just a few of the neighborhoods and new builds available in our area now.
New Home Community Crestline at Brushy Creek in Cedar Park, TX
New Home Community Hidden Creek at Lakewood Park in Cedar Park, TX by Toll Brothers
Travisso new home communities near me
Lariat New Home Community – Liberty Hill TX New Homes
New Home Community Wildspring in Leander, TX
Complete our Home Buyer Form to get started and we will reach out to you to set up a quick call to best understand your needs and get started on your home buying journey!