Beware Of New Construction When Buying A Home

July 1, 2017

The new home construction market is hot right now and there are numerous opportunities to buy the latest contemporary designs. The advantages of new construction are that you may get to choose your own lot, elevation, and interior design stylings. You also get the added bonus of being the first one to live in the new home.

However, be aware of the risks involved. New construction buyers are always at a disadvantage when they walk into a new home site without an agent representing them. The agent at the new home tract solely represents the builder/seller. Regardless of how friendly and helpful they are, they are well trained to represent their employer’s best interests, not yours.

It is crucial for you to have your own real estate expert looking out for your best interests. Here’s the good news – the builder will pay 100% of the fee for you to be represented. It costs you nothing and there is no discount for not being represented! The only criteria is that you must bring your real estate agent with you to the new home tract on your first visit. And it must be on the first visit. Otherwise, the new home builder will not pay for your representation and you’ll either have to pay for it yourself or have no representation throughout the entire transaction.

If you’re considering buying new construction, please reach out to us at 702-605-7480. We are experts in the new construction developments in all the finer guard gated and gated neighborhoods.

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