Why You Need A Buyer Agent When Purchasing A New Construction Home
Visiting a display home looking to buy a newly construction home is
something that many people have done. Many people however do not know the
importance of having a buyer agent with them when visiting the display homes.
They therefore tend to use the agents on duty at the display home for advice
and information about the houses. This may be disadvantage to you because the
agent on duty represents the interests of the seller (Builder). You need to
find a buyer agent who will represent your interests and give you correct
advice when you are selecting the house to buy.
Why you need buyer representation when entering a display home
Once you enter a display home the Builders agent will request you complete
a registration form. Completing that simple form insures the builder will not
pay your representative a fair commission and could have a huge impact on your
options, lot selection and even slow to complete your requested changes or
complaints. Informing the Builders agent that you have a buyer’s agent will
insure you receive proper representation. Scrupulous builders may even offer
additional options or savings if you do not use a buyer’s agent. This is
prohibited by law and you will soon discover little to no savings because they
increase costs on other options.
Why do they have a display home?
A display home is a house that is used by a builder to demonstrate to the
buyers of the appearance of the prospective house. They are buildings that were
constructed for that single purpose. Most of the display homes are fully furnished
to give the buyers a mental picture of the appearance of the houses once they
are completed. When visiting a model home, it is important to have a buyer
agent. There are several advantages of having a buyer agent as compared to
using the agents at the display home. Some of the advantages are as listed
below:
A buyer agent allows you to save money. They negotiate with the agents/builders
at the display home to agree on a price that is proportional to the value of
the house.
A buyer agent also provides all the information you need to know about the
house without any refrains. This is because their main duty is to represent
your interests when buying the house. This helps you to make a decision on
whether or not to buy the house with all the information provided.
The buyer agent is also responsible for evaluating the display homes. This
is so that they can determine which has the best bargain for you before you
actually visit the display homes together.
Having a buyer agent is not a legal requirement and you may opt to use the
agent on duty at the display home. This may be very disadvantageous to you
because, the display agent represents the interest of the seller (Builder).
They will therefore suggest a higher price that may be way above the real value
of the house. The agent’s main purpose is to market the house and they may
therefore misconstrue some important information about the house.
Conclusion
It is important to have a buyer agent when visiting the display home
instead of using the agent to duty at the display home. This is because they
represent the interests of the builder. A buyer agent will be able to let you
into the secrets to buying a home from a builder. There are firms like RE/MAX Best
Choice that have been offering buyer representation to the residents of Jefferson
County for over a decade. Frank and Laurie have been full time Realtors since
1997 specializing in Jefferson County homes. Firms like RE/MAX Best Choice offer
buyer representation services for free and offer advice to their clients on the
houses they want to buy.
Contact us today at 314,845,3400 or visit us at Frank and Laurie
