Thinking of New Construction?
If so, you’ll need a Realtor more than ever!
1. Builder sales reps represent the builder, not you.
2. More often than not, builder sales reps are not licensed. As such, they are not bound to the same fiduciary responsibility that is required of a licensed realtor. Translation: your risk level goes up when no on in the transaction is required to represent your best interests first.
3. All builders have a realtor commission built into their pricing. They will not reduce the sale price just because you don't have a realtor representing you. Why leave yourself exposed this way?
4. While builder base prices generally are not negotiable, other parts of the transaction (add-ons, upgrades, etc.) can sometimes be very negotiable - you need a good negotiator sitting at the table with you to get the very best deal!
5. Are you sure the builder is offering you the best terms available for financing your new home? That's where a Realtor can potentially save you some money.
6. Do you know the builder's reputation in that particular market? In that particular neighborhood? Realtors do!
7. Are you sure you've picked the right neighborhood in terms of schools, travel time to-and-from work, and future plans for that area (commercial development, new highways just over the back fence . . . )? Your Realtor can help you avoid a big mistake!
8. Are you moving to this area from out of town? If so, who will be your "eyes and ears" during the construction phase? Your Realtor - of course!
9. While we can't guarantee this will always happen, in the offhand chance you have to cancel your contract because the builder is cutting corners or not performing to expectations, having a realtor representing you may improve your chances that most or all of your deposits (earnest money, upgrade deposits, etc.) will be returned. Most reputable builders don't want a disappointed realtor telling their peers about a bad incident. You may not have that kind of leverage if you're not represented by a third party to the transaction.
10. Remember - ALL reputable builders actively seek Realtors who represent qualified buyers. More than 70% of all new construction is sold with a Realtor at the table representing the buyer. So - why take a risk otherwise?!?
Jen Hughes
© 2006. All Rights Reserved.
This is not an official website of ResortQuest Real Estate, Carl M. Freeman
(CMF) companies/properties or Bayside.
Neither Bayside
nor CMF companies are responsible for typographical errors. All information
on this site is believed to be accurate as of the date posted.
They also do not warrant the accuracy
of any statements contained in the materials linked from this site, nor is
Bayside or CMF affiliated with any of the entities providing
information or authors of the
linked materials on this site. This site was created and is maintained by
Greg Hughes.
Please email or call me with any questions about the area, if you would like more information on these homes or on ANY homes in the Delaware beach area, or visit my website at www.easternshorepropertyguide.com.
Jennifer Hughes, REALTOR
Seacoast Realty a ResortQuest Company
36220 Lighthouse Road
Selbyville, DE 19975
Direct: 302-541-8893
Main Office: 302-541-8899
Cell: 302-858-6483