Learn Why Using a Realtor For a New Construction Home is Essential
Planning to buy a new construction home in Jacksonville, Florida? If so, you’ll need the help of a realtor just as you would for any other home purchase. Using a realtor to purchase a newly constructed home comes with many benefits and protections for you as a home buyer.
In this post, our team at Your Home Sold Guaranteed Realty – Phil Aitken Home Team will share five reasons why hiring a realtor is essential to get you the best possible deal on your new home.
1. Realtors Advocate For Your Interests
If you’ve never bought a brand new home before, you might think it’s as simple as going to the home builder, signing a contract, and moving into the home. In reality, the transaction is more complicated. If you don’t know what to expect, you risk being taken advantage of.
For this reason, the most significant benefit of using a realtor to help you buy a new construction home in Jacksonville, Florida, is that they advocate for your interests.
On the home builder side, they have their own realtor representing them in the transaction. This realtor acts as a seller’s realtor and works to get the builder the best possible outcome. So, when you have your own realtor, they’ll work on getting you the best deal possible.
One issue where having a realtor on your side is helpful is when evaluating the home. Home builders typically have model homes that they let home buyers tour. These models are filled with granite countertops, upgraded appliances, crown molding, and other desirable features. However, this isn’t actually the home the buyer ends up purchasing.
Instead, these features are available as add-ons that can be purchased on top of the base price of one of the standard new constructions.
This isn’t always made clear upfront, which can confuse home buyers who don’t know what to look for.
2. Realtors Have More Negotiating Experience
The availability of add-ons is one reason why having a realtor on your side is beneficial. Builders are typically far more willing to negotiate the price of add-ons and upgrades. This means your realtor can potentially help you get a better price.
So, why should you use a realtor to negotiate instead of just doing it yourself? Experienced realtors in Jacksonville, Florida, often have strong relationships with home builders in the area.
This is because they bring a steady stream of home buyer clients to the builders. As a result, this gives your realtor a certain amount of leverage in the transaction. The realtor represents valuable business for the builder. For this reason, they will be more willing to do all they can to work with them and keep their clients happy.
3. Working With a Middleman Avoids Conflict
Related to the ability to negotiate is the fact that realtors have experience when it comes to reading through contracts. Home buying contracts are filled with dense legal language that can be hard to understand if you aren’t experienced in real estate.
Aside from the legal language, having a realtor as a middleman reduces the risk of direct conflict between you and the builder. If you disagree with the builder’s terms in the contract, you can communicate this to your realtor and have them raise the issue with the builder.
This avoids the potential for a heated conflict, since your realtor is an objective third-party. A realtor will also ensure that everything is recorded in writing throughout the transaction.
4. Realtors Can Help You Find the Best Inspectors and Lenders
Another reason that using a realtor to buy a new construction home in Jacksonville, Florida, is so important is that they can help you find inspectors, title companies, and lenders that offer terms in your best interest.
Many times, home builders will offer incentives, such as discounts, to encourage you to use their preferred lender. However, that lender might not be the best deal for you. Your realtor will help you shop around and evaluate all your financing options to find one that fits your needs.
The same goes for home inspectors and title companies. The builder may have their own preferred options. However, it’s typically better to get a third-party home inspector since they’re a neutral party in the transaction.
5. Working With a Realtor Is Free For Home Buyers
Lastly, hiring a realtor to help you buy a new construction home in Jacksonville, Florida, is a good idea because it costs nothing to you as the home buyer. Instead, the home builder pays the realtor– just as a home seller would traditionally pay for a buyer’s realtor commission.
In fact, home builders often factor in the cost of paying buyers’ realtors into their budgets. They view the realtor’s commission as the necessary cost of bringing in new business.
It’s important to note that you won’t save money if you decide not to use a realtor. The home builder won’t credit you the commission they would have paid a realtor or discount the home’s price.
So, as the home buyer, you get all the benefits of using a realtor– at no cost to you.
Work With Our Team to Buy a New Construction Home in Jacksonville, FL
At Your Home Sold Guaranteed Realty - Phil Aitken Home Team, we’ve been serving home buyers in Jacksonville, Florida, for years. During that time, we’ve helped thousands of people find their dream homes. With our unique buyer’s guarantees, we make the home-buying process as smooth and risk-free as possible.
Our many years in business mean we’ve developed strong relationships with many home builders in Jacksonville. Some of the top builders in the area include:
To find out whether we partner with these or any other home builder in Jacksonville, Florida, reach out to us at (904) 544-5252 or fill out the form below.