Use A Realtor When Buying
A Developer Home
Advantages of Using Your Own Realtor
The primary role of a Realtor is assisting a homebuyer in making well-informed
decisions, to protect the rights of the home buyer and to provide convenience
throughout the buying process. This protective value is cost-free since the seller
typically pays the sales commissions.
It’s rather surprising that a Gilbert homebuyer will use a real estate professional
when buying a resale home but rarely considers gaining the same advantages
when buying a brand new developer home from a Gilbert homebuilder. On the
surface it would appear unnecessary to have your own real estate agent when
buying from a home developer, but it is just as important to have a Realtor to
protect your interests and to provide convenience. Here’s why.
1. Just as a real estate agent can apply knowledge and experience to identify
resale homes that fit needs, desires and budget, a real estate professional can
also direct buyers to developments that fit the same criteria. This will save the
buyer a lot of wasted time.
2. A Gilbert real estate agent can suggest Gilbert builders with solid reputations
of delivering a high quality home. A real estate professional knowledgeable of
community real estate markets knows which builders quickly respond to buyer
issues and often are familiar with the financial stability of certain builders.
3. An on-site broker or sales agent for a developer exclusively represents the
interests of the builder…. not you as the buyer. A new homebuyer deserves their
own representation to protect his or her interests.
4. Sometimes a real estate agent may be familiar with how a home developer
establishes sales prices. And there could be some room for negotiation of a
lower price or concessions for upgrades which typically have high profit margins.
5. Investing in a home is huge commitment and there are mountains of paperwork
and documents involved in purchasing a new home. The boilerplate small type is
hard to read yet alone understand. A real estate professional can help you get
through the process and advise you accordingly of clauses and conditions that could
put you at risk.
It is important to note that not all home developers will work with real estate
agents but most do because they are sources for home buyer referrals. Call the
developer to find out if they will work with your Realtor. Almost all Gilbert
homebuilders will require that your real estate agent accompany you on your
first visit to their sales office.
Other Informative Information
This page was last modified on 30 January 2012 at 17:13
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