Buyer Representation New Construction

Mooresville, NC Buyers Agents

Why it is important to hire a Buyers Agent for New Construction Homes

Buyer-Representation-New-Construction-Mooresville-NC-Homes

**Please also know that the Builder is responsible for paying a Buyer Agent Realtor Commission and not the Buyer/Client.**

Buyer Representation New Construction Benefits

1) The builder’s representative is often not a licensed Real Estate Agent

… but an employee of the builder. Their legal obligations to you as a buyer are different than what the NC Real Estate Commission requires of licensed brokers…or Buyer Representation New Construction.

The problem is that the builder’s representative is asking many questions which buyers shouldn’t be answering that expose the buyer’s motivation for Buying a Mooresville Home. Buyers are lulled into answering feeling like the builder’s representative is nice and professional. That type of information would not be accessible to the seller in a situation where the buyer is buying a used home because the buyer’s agent would know the info but not share it with the seller’s representative.

2) The Buyer Agent Represents You In The Transaction

…Having Buyer Representation and an Agent working for you will make all the difference in the world. You have a full-time job, how else could you afford this property? The Martin Real Estate Team of Mooresville, NC will be there for you, when you can’t. We will explain the contract to you. We will point out where you are exposed and when you can lose your deposit. Your realtor will be there throughout the process. Your realtor may find another Mooresville, NC New Construction Homes project that you just may like even more.

You will have many decisions to make during the process such as the grade and quality of your kitchen cabinets, bathroom tiles, flooring. Your Mooresville Realtor will point out upgrades that will retain their resale value and not just the most expensive material. Things that you should have and things that are not important. And most importantly- things that you can afford. Also, your agent will explain when you get an independent home inspector.

3) Communication

…is the biggest complaint that buyers have with new construction. Buyers have an understanding based on what the sales representative says and then the buyers move on to deal with the project manager who actually builds the house. Sometimes the builder will then tell the buyer something different and if there is nothing in writing to prove it was included in the contract, it is difficult to enforce. Examples of items are drainage, grading, how many steps to the front door and from the garage into the house.

4) The Buyers Agents Knows the Local Real Estate Market

…Your agent has worked with builders before handling Buyer Representation New Construction. A Mooresville, NC Buyers Agents knows which ones are dependable and which projects are a good value. They can tell if that $5,000 credit the builder is giving you for closing or “free” upgrades is really the best deal for you. In most cases, that $5,000 is tacked on somewhere else along the way without you realizing it- either with higher lender fees or title insurance costs.

5) You Are Already Paying For It

…Especially in this buyer’s market, the builder has already budgeted into the sales price the cost of paying a buyer’s agent. Most buyers don’t know this. So what happens when the buyer does not have a buyer’s agent when buying the property? That builder has just made more money in the sale of your home. If you have not negotiated the price minus the amount of the agent’s fee, the builder will keep it for themselves. But they haven’t told you that. So, if you are already paying for it, why wouldn’t you want to hire a real estate agent to represent you? Most importantly, you need to have your agent with you BEFORE you make that first visit to a sales office. If you decide you need a buyer’s agent after you have “registered” with the builder, any Mooresville Buyers Agents fees will come out of your pocket.

6) Final Sales Price

…Buyers need help understanding what their final sales price will be after they make all their selections. The process in our area starts with the buyer signing the contract and then the buyers go to the design center to select cabinets, appliances, etc.. Having a buyer’s agent who attends those meetings helps ensure that the information provided by any of those builder employees is documented. Buyers also need help understanding what selections and upgrades help resale and which ones just help the builder’s profit margin.

7) Zoning and adjacent land

…in a community is a very important consideration. Builder’s representatives practice how to present less desirable aspects of a lot or community to buyers to minimize questions and objections. A good Mooresville, NC Buyers Agents is going to explain to you how those aspects affect the resale value and how the community might change.

An example is land not owned by the builder that is currently undeveloped. It could be in the process of being developed or could be developed in the future. What type of housing or commercial buildings or the proximity of future roads that might be built is very important information a buyer should consider before purchasing a new home.

8) Contracts

…Builders usually use their own contracts that are drafted by their attorneys and are clearly written to benefit the builder over the buyer. Contracts on used homes usually use a contract drafted by the state bar that is designed to be more equally weighted between the buyer and seller.

Even if you visit a new home community before you realize you need Mooresville, NC Buyers Agents, it is a good idea to get a buyer’s agent involved before you make an offer. The process of buying a new home is not as simple as you might have thought.

See Also: Lake Norman New Construction Homes

Buyer-Representation-New-Construction-Lake-Norman-Mooresville

Mooresville New Construction Homes

Mooresville homes

Listings 1 - 20 of 308   next

160 Valleymist Lane -- 3 BR, 3 BA
Price: $489,900 (2468 sqft)
Subdivision: The Courtyards at Blume Point
→ More info
Cristin Dorninger | MLS # 3476607 | Active
320 Moore Avenue -- 3 BR, 2 BA
Price: $189,900 (1284 sqft)
Subdivision: None
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Edward Steve Perri | MLS # 3448849 | Contract
133 Homer Lane -- 7 BR, 6.2 BA
Price: $1,845,743 (7107 sqft)
Subdivision: Sisters Cove
→ More info
EXP REALTY LLC | MLS # 3367012 | Contract
135 Potomac Lane -- 4 BR, 3.1 BA
Price: $1,798,000 (3928 sqft)
Subdivision: The Preserve at Windsor Pointe
→ More info
Simonini Realty Inc | MLS # 3447120 | Active
389 Stumpy Creek Road -- 4 BR, 5.1 BA
Price: $1,625,000 (6569 sqft)
Subdivision: None
→ More info
RE/MAX Executive | MLS # 3480761 | Active
1209 Teeter Farms Drive -- 4 BR, 4.2 BA
Price: $1,500,000 (5711 sqft)
Subdivision: Teeter Farms Estates
→ More info
Coldwell Banker | MLS # 3466112 | Active
126 Quaker Road -- 4 BR, 4.2 BA
Price: $1,499,000 (4838 sqft)
Subdivision: The Point
→ More info
High Ground | MLS # 3320798 | Active
1710 Brawley School Road -- 4 BR, 4.1 BA
Price: $1,418,000 (4888 sqft)
Subdivision: The Point
→ More info
Coldwell Banker | MLS # 3346217 | Active
1289 Teeter Farms Drive -- 4 BR, 4.1 BA
Price: $1,300,000 (5006 sqft)
Subdivision: Teeter Farms Estates
→ More info
Coldwell Banker | MLS # 3466113 | Active
215 Homer Lane -- 4 BR, 4.1 BA
Price: $1,299,305 (5181 sqft)
Subdivision: Sisters Cove
→ More info
EXP REALTY LLC | MLS # 3362101 | Contract
105 Paddle Loop -- 5 BR, 4.1 BA
Price: $1,250,000 (5147 sqft)
Subdivision: Lakewalk
→ More info
EXP REALTY LLC | MLS # 3404319 | Contract
107 Paddle Loop -- 4 BR, 4.1 BA
Price: $1,200,000 (4447 sqft)
Subdivision: Lakewalk
→ More info
EXP REALTY LLC | MLS # 3434719 | Contract
103 Paddle Loop -- 4 BR, 4.1 BA
Price: $1,100,000 (4447 sqft)
Subdivision: Lakewalk
→ More info
Pilot Realty & | MLS # 3453594 | Active
145 Little Indian Loop -- 4 BR, 4.1 BA
Price: $999,900 (3811 sqft)
Subdivision: Lakewalk
→ More info
Pilot Realty & | MLS # 3453877 | Active
143 Little Indian Loop -- 5 BR, 3.1 BA
Price: $999,900 (3802 sqft)
Subdivision: Lakewalk
→ More info
Pilot Realty & | MLS # 3453862 | Contract
151 Little Indian Loop -- 4 BR, 3.1 BA
Price: $999,900 (3676 sqft)
Subdivision: Lakewalk
→ More info
Pilot Realty & | MLS # 3460973 | Active
238 Yacht Road -- 4 BR, 4.1 BA
Price: $995,000 (3787 sqft)
Subdivision: Yacht Shores
→ More info
J Cash Real Estate | MLS # 3475160 | Active
168 Hazelton Loop -- 3 BR, 3.1 BA
Price: $974,900 (3765 sqft)
Subdivision: Regency Lake Village
→ More info
Wallace Realty | MLS # 3413339 | Active
172 Hazelton Loop -- 3 BR, 4.1 BA
Price: $974,900 (3739 sqft)
Subdivision: None
→ More info
Pilot Realty & | MLS # 3411650 | Active
129 Sleepy Cove Trail -- 4 BR, 4.1 BA
Price: $922,944 (3962 sqft)
Subdivision: Bay Crossing
→ More info
The Real Estate | MLS # 3304102 | Active

Listings 1 - 20 of 308   next

Contact our Team - 704.900.1619


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