Why Having Your Own Agent Matters When Buying a New Construction Home

<article class="post-929170 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-929170"><span class="entry-date">February 5, 2024</span><div class="entry-header center-block text-center"><h1 class="entry-title">Why Having Your Own Agent Matters When Buying a New Construction Home</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=Why+Having+Your+Own+Agent+Matters+When+Buying+a+New+Construction+Home&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fwhy-having-your-own-agent-matters-when-buying-a-new-construction-home%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="Why Having Your Own Agent Matters When Buying a New Construction Home Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/20240205-Why-Having-Your-Own-Agent-Matters-When-Buying-a-New-Construction-Home.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
<p>Finding the right home is one of the biggest <a href="https://www.simplifyingthemarket.com/2023/09/29/explaining-todays-low-housing-supply-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">challenges</a> for potential <a href="https://www.simplifyingthemarket.com/2024/01/01/3-keys-to-hitting-your-homeownership-goals-in-2024/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">buyers</a> today. Right now, the supply of homes for sale is still low. But there is a bright spot. <a href="https://www.simplifyingthemarket.com/2024/01/16/why-you-may-want-to-seriously-consider-a-newly-built-home/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">Newly built homes</a> make up a larger percent of the total homes available for sale than normal. That’s why, if you’re craving more options, it makes sense to see if a newly built home is right for you.</p>
<p>But it’s important to remember the process of working with a builder is different than buying from a homeowner. And, while builders typically have sales agents on-site, having your <a href="https://www.simplifyingthemarket.com/2023/10/30/a-real-estate-agent-helps-take-the-fear-out-of-the-market/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">own agent</a> helps make sure you have proper representation throughout your <a href="https://www.simplifyingthemarket.com/2023/12/08/your-homebuying-adventure-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">homebuying journey</a>. As <em>Realtor.com</em> <a href="https://www.realtor.com/guides/guide-to-buying-new-construction-home/steps-to-buying-a-new-construction-house/" rel="noopener noreferrer" target="_blank">says</a>:</p>
<blockquote><p><em>“Keep in mind that the on-site agent you meet at a new-construction office works for the builder. So, as the homebuyer, </em><strong><em>it’s a smart idea to bring in your own agent, as well, to help you negotiate and stay protected in the transaction</em></strong><em>.”</em></p></blockquote>
<p>Here’s how having your own agent is key when you build or <a href="https://www.simplifyingthemarket.com/2024/01/05/achieving-your-homebuying-dreams-in-2024-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">buy</a> a new construction home.</p>
<h4><strong>Agents Know the Local Area and Market</strong></h4>
<p>It’s important to consider how the neighborhood and surrounding area may evolve before making your home purchase. Your agent is well-versed in the upcoming communities and developments that could influence your decision. One way a real estate agent can help is by reviewing the builder’s site plan. For example, you’ll want to know if there are any plans to construct a highway or add a drainage ditch behind your prospective backyard. </p>
<h4><strong>Knowledge of Construction Quality and Builder Reputation</strong></h4>
<p>An agent also has expertise in the construction quality and reputation of different builders. They can give you insights into each one’s track record, customer satisfaction, and construction practices. Armed with this information, you can choose a builder known for consistently delivering top-notch homes.</p>
<h4><strong>Assistance with Customization and Upgrades</strong></h4>
<p>The most obvious benefit of opting for new home construction is the opportunity to customize your home. Your agent will guide you through that process and share advice on the upgrades that are most likely to add long-term value to your home. Their expertise helps make sure you focus your budget on areas that will give you the greatest return on your investment later.</p>
<h4><strong>Understanding Builder Negotiations and Contracts</strong></h4>
<p>When it comes to working with builders, having a skilled negotiator on your side can make all the difference. Builder contracts can be complex. Your agent can help you navigate these contracts to make sure you fully understand the terms and conditions. Plus, agents are skilled negotiators who can advocate for you, potentially securing better deals, upgrades, or incentives throughout the process. As <em>Realtor.com</em> <a href="https://www.realtor.com/guides/guide-to-buying-new-construction-home/steps-to-buying-a-new-construction-house/" rel="noopener noreferrer" target="_blank">says</a>:</p>
<blockquote><p><em>“A good buyer’s agent will be able to review any contracts before you sign on the dotted line, ensuring you aren’t unwittingly agreeing to terms that only benefit the builder.” </em></p></blockquote>
<h3>Bottom Line</h3>
<p>If you are interested in <a href="https://www.simplifyingthemarket.com/2024/01/19/key-terms-every-homebuyer-should-learn-infographic/" rel="noopener noreferrer" target="_blank">buying</a> or building a new construction home, having a trusted agent by your side can make a big difference. If you’d like to start that conversation, connect with a local real estate agent.</p>
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