Why do I need an Agent to Build a House?
Why do I need
an Agent to Build a House?
So you've decided to build a home. Perhaps you've reached
this
decision after months of searching for a place you like that was
already standing, perhaps you knew right away that you wanted to go
New. Either way, you might think you don't need a Realtor at
this
point and maybe you don't. I'd like to show you a few reasons
why
you might think about having your own agent to represent you in this
transaction.
Myth #1 - I'll pay less for the house if the builder isn't paying a
Realtor.
- No. You won't. But you will pay the builder more
profit if
you don't use a Realtor, or pay the builder's agent more if you don't
use your own agent.
- As you probably know, banks will typically pre-qualify you
for
way more than you want to actually buy. What do you think
happens
when you give the builder or their agent a bank letter or permission to
contact the bank and they find you can afford more? Think
they'll
be negotiable at all? Or do you think they'll possibly find ways to get
more money out of you?
Solution - Your own agent protects your confidentiality and your
pocketbook. We can help protect you from overages, options,
upgrades, and being talked into anything you don't want.
Myth #2 - My agent would just get paid for doing nothing.
- Au contrair. Building a home takes a lot of your
personal
time. You have to pick out flooring, colors, bricks, tiles,
etc.
Your agent can help you with these by setting up all the
appointments, bringing samples to you, delivering all the selections to
the builder, and more. How much stress and time would it save
you
to have someone else doing all the phone calls, faxing, and running
around for you?
- Your agent would also coordinate the closing, title-work,
and
loan documents. Again, saving you all the phone calls, faxes,
and
running around.
- Your agent is also free to check on the home's progress
while you
work, helping catch mistakes early and negotiating with the builder to
get them fixed.
- Builders make mistakes? Oh boy howdy! I have
never had a
new home built without a boo-boo. Here's some just from the
last
year!
- Buyer asked for a deck to be extended perpendicular to
house.
Builder put the deck on horizontal to the house, so you
walked
out the mid-level walk-out area and practically whacked your head on
it! This also meant the walk-out patio light was actually just inches
above the deck! Oops!
- Wrong light fixtures put on exterior of home!
- Here's a biggee - Builder installed the wrong trusses
for a vaulted ceiling!!
- Wrong tub was installed
- Builder plumbed for exhaust of gas furnace, taking up
precious closet space, when there was no gas furnace!
Myth #3 - The
sellers agent can do all this for me.
- Read that again - The S E L L E R's Agent. They
work for
the S E L L E R. Not you. They do have an interest
in the
deal closing, but they also have a legal responsibility to make sure
everything is in the S E L L E R 's best interests, not necessarily
your best interests.
- Do they have the time? Most new home agents have
to sit in
the model home. They don't have the ability to run around
collecting samples, delivering documents, and taking care of you.
Other things to consider:
- Your agent would be aware of the neighborhood, pros and
cons of the area, schools, drive-times, etc.
- Your agent would be aware of the latest in loan programs
that would fit your needs and any that specialize in new-construction!
- Your agent would be aware of the potential re-sale factor
of the
home - where you might stand 5, 10, 20 years down the road, and what
options/upgrades/improvements might be a good investment.
- Your agent can help with selling your current home and
coordinate
it with the move to your new home. Most new-home agents in
the
area don't handle any re-sale homes.
So whether you are buying new for the first time, again, or the last
time - think of having your own agent to make the transaction smoother.
After all, it doesn't cost you a dime and saves you tons of
stress and time!
Wanting to build in the Wichita, Goddard, Maize area? Call
Sheree for a tour of new home communities that fit your needs!
Email: Sheree@ksgreathomes.com
Call/Text 316.461.0575